Business Daily from THE HINDU group of publications
Sunday, June 08, 2008
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Commodities (June 7)
Gold (per gram) Rs1,154
Silver (per gram) Rs25.60
Brent crude (per bbl) Rs5,887
Markets (June 6)
BSE Sensex15572.18 (-197.54)
S&P CNX Nifty4627.80 (-49.15)
US Dollar42.68 (-0.22)


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Indian crude basket set to soar
New Delhi, June 7 The Indian crude basket, which closed marginally down at $119.81 a barrel on Thursday, is estimated to scale new heights in tandem with the surge in international crude prices on Friday.India’s crude oil basket ... More

IOC, Oil India acquire stake in Reliance’s East Timor block
More

RCom, MTN inch closer to sealing merger deal
35:100 swap formula in the making More

Long wait for Posco’s steel project in Orissa
More

Reliance Petro refinery set to go on stream before Dec
‘It will start generating revenues from this year itself’ More

‘Mid-market residential segment in South to see correction soon’
Bangalore, June 7 The residential mid-market segments across markets in the South are expected to see a correction in the coming months. If estimates are to be believed, about 1.5 lakh residential units, across budget segments, will be ... More

IT/ITeS, electronics sectors show sluggish growth in 2007-08
Strong rupee attributed as primary cause More

How to fund your education
More

Why equities may strike back
Predictions for Dow More

Steps under way to improve nuclear power generation
Tight uranium supply main cause for fall More

Index Outlook
Markets were nervous in the first half of the week as the Government announced ad-hoc measures to deal with the woes of the oil marketing companies. Just as the bargain hunters had convinced themselves that the worst was over, inflation ... More

Do big returns in small IPOs sustain?
More

Punj Lloyd: Buy
More

Carborundum Universal: Buy
More

Prism Cement: Buy
More

Britannia Industries: Buy
Investors with a two-year horizon, seeking a defensive option, can consider buying the Britannia Industries stock. Growth rates in food/snack categories within FMCGs have surged over the past year, suggesting that these under-penetrated ... More

An NRI plans to meet his goals
Srinivasan is a 36-year-old NRI. His spouse is a home maker, aged 31. He has two daughters, aged 8 and 7 years. He has been investing in mutual funds since 2004 and his investments amount to Rs 27 lakh. He wants to continue investing ... More

Sundaram BNP Leadership Fund: Hold
Investors can retain their holdings in Sundaram BNP Paribas India Leadership Fund. The fund has outpaced the Nifty in four of the past five years (barring 2006-07). Since its launch in 2004, the fund has generated a compounded annual return of ... More

IDFC Premier Equity: Invest
Investors with a high-risk appetite can consider adding IDFC Premier Equity (formerly Standard Chartered Premier Equity) to their portfolios. The fund invests in small and medium-sized businesses in emerging segments or markets. This gives the ... More

First Winner Industries: Avoid
More

Weekly News Round-up (Latest Audio:English)
The Government announced a sharp increase in the prices of petrol, diesel and domestic liquefied petroleum gas. The price of petrol was increased by 5 rupees a litre, diesel by 3 rupees a litre and domestic LPG by 50 rupees a cylinder. ... More


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