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Sunday, June 01, 2008
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Commodities (May 31)
Gold (per gram) Rs1,133
Silver (per gram) Rs25.55
Brent crude (per bbl) Rs5,542
Markets (May 30)
BSE Sensex16415.57 (+99.31)
S&P CNX Nifty4870.10 (+34.80)
US Dollar42.53 (-0.35)


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Sterlite wins bid for Asarco
$2.6-b cash deal is subject to US bankruptcy court approval More

‘Asarco, a low-cost producer of copper’
Acquisition to give Sterlite ‘fantastic’ boost to its margins More

Duty drawback on iron, steel, rice, cement goes
Move to discourage exports More

Services sector can access ECBs
Overseas borrowings of up to $100 m allowed More

Air India hikes fuel surcharge
New Delhi, May 31 Domestic air travel could become more expensive from June 3 following the decision of oil companies to increase the sale price of aviation turbine fuel. Immediately after oil companies announced an increase of Rs 10.83 ... More

Decision on fuel price remains open
New Delhi, May 31 The public sector oil marketing companies (OMCs) that are suffering revenue loss due to spurt in international crude oil prices may have to wait till next week for a bail out package. The package is expected to include a ... More

Sun Pharma: Buy
Investors with a 3-5 year perspective can buy the stock of Sun Pharmaceutical Industries (Sun), an integrated speciality pharmaceutical company that manufactures and markets generic medicines in India, US and several other markets. ... More

W. Australia welcomes Indian migrants
Working to plug shortages in skilled labour More

Index Outlook
The month of May did live up to its reputation. It brought the Sensex’ upward march to a halt and pushed it 900 points lower. But most market participants would be relieved at escaping this lightly given the concerns on the inflation and ... More

Shield your portfolio from inflation
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Is there a bubble within the super commodity cycle?
More

Indraprastha Gas: Buy
More

Reading between the lines
Company announcements More

Cement’s pressure points
More

Gemini Communication: Hold
More

Thermax: Buy
More

Fidelity Special Situations Fund: Hold
After an impressive start in 2006, the Fidelity Special Situations Fund has suffered a slippage in performance in recent times. A sharp decline in the fund’s NAV during the recent market correction has trimmed its one-year return ... More

Magnum Balanced Fund: Invest
Magnum Balanced Fund appears to be a reasonable investment option for investors who prefer a mixture of equity and debt. Its five-year track record is impressive, with returns of about 40 per cent being well ahead of the category average. The ... More

TOP OF THE MIND
Crude drivers
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Weekly News Round-up (Latest Audio:English)
After almost a month of hard negotiations, Bharti Airtel ended talks on a possible merger with South Africa's MTN because of disagreement over the holding structure. Bharti said the structure proposed by MTN would not capture the synergies of ... More

Southwest monsoon sets in over Kerala
More


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