Business Daily from THE HINDU group of publications
Sunday, March 30, 2008
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Commodities (March 29)
Gold (per gram) Rs1,120
Silver (per gram) Rs25.45
Brent crude (per bbl) Rs4,180
Markets (March 28)
BSE Sensex16371.29 (+355.73)
S&P CNX Nifty4942.00 (+111.75)
US Dollar39.93 (-0.21)


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IT hiring slowing down
30-60% drop seen as cos await clarity on customer needs More

Banks may take a hit on investment portfolios
Double whammy of lower bond prices, falling equity More

Real(i)ty check on prices under way
10-15 per cent decline due to a variety of factors More

February sees big drop in new demat accounts
Mumbai, March 29 The market turmoil of the last two months has put brakes on new demat accounts. The number fell more than 50 per cent in February, compared to January.January figures at Central Depository Services Ltd (CDSL) and ... More

Offshoring helps keep many a UK pub in good cheer
COMPASS INITIATIVE More

States oppose new mineral policy, seek joint task force
Check intrusion of Centre into rights over their mineral produce More

CalPERS widens India investments
California Public Employees’ Retirement System (CalPERS), America’s largest pension fund with an over $600 million (Rs 2,400 crore) exposure in Indian equities, remains confident of the market’s long-term growth prospects, as ... More

Auto components industry reels under high steel price burden
Expects reduction in profitability this quarter and next More

Larsen & Toubro: BUY
With a diversified order book, proven execution skills and a strong balance sheet, Larsen & Toubro (L&T), India’s largest engineering conglomerate, is better-positioned to weather risks such as firm commodity prices and a ... More

Index Outlook
Last Tuesday’s fireworks has dispelled the gloom and led some quarters to hope that the elusive ‘bottom’ is finally in sight. The recovery was spurred by a surge in equity prices across the globe, and for once, no one was ... More

Following the bulk deal trail to time your investments
More

Vijaya Bank to launch reverse mortgage scheme in April
Hopeful of reaching Rs 1 lakh cr business by March ’09 More

Derivatives: Is delivery-based market design optimal?
More

Tech Mahindra: Buy
More

Indo Tech Transformers: Buy
More

Coromandel Fertilisers: Buy
More

Wockhardt: Buy
More

Sundaram BNP Paribas Select Focus: Invest thru SIP
Recent market declines may offer a good opportunity for investors to acquire exposures to frontline stocks in the listed space. Those looking to do so can consider investing in the Sundaram BNP Paribas Select Focus Fund. Despite a sharp ... More

Birla Sun Life Frontline Equity Fund: Invest
Birla Sun Life Frontline Equity Fund has been a consistent performer over a three and five-year period. It has outpaced the benchmark and category average over these time frames. The fund predominantly invests in large-cap growth ... More

United they stand
More

Business Line Weekly Round Up (Latest Audio: English)
The new pay structure devised by the Sixth Pay Commission, headed by Mr Justice B.N. Srikrishna, intended to provide an additional Rs 12,561 crore per year in the hands of the Central Government employees and armed forces personnel. The ... More


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