The Hindu Business Line : Friday, September 09, 2005

Sensex breaches 8,000-level — Nifty gains 25 points to close at 2,454
FLUSH with foreign institutional investors' funds, the BSE Sensex created history and breezed past the 8,000-level mark on Thursday. The momentum in the bourses, especially over the last three months, has rendered records and `all-time highs' ... More

Not a cause for worry: Chidambaram
ASSERTING that the Government and the capital market regulator were keeping a close watch on the domestic bourses, the Finance Minister, Mr P. Chidambaram, today said that the Sensex crossing the 8,000 points level was not a cause for "worry or ... More

SEBI to probe penny stocks movements
THE Securities and Exchange Board of India (SEBI) has identified a few cases of price manipulations in small-cap stocks in the bull-run that has seen the Sensex rise to 8,000 points and beyond, according to Mr M. Damodaran, SEBI Chairman. The ... More

India, UK agree on economic ties — Pacts on air service, oil, gas signed
INDIA and the UK on Thursday agreed to cooperate on a wide range of economic issues including civilian nuclear energy and the hydrocarbon sector. "We have agreed to cooperate in civilian nuclear energy. We have also agreed that our collective ... More

UP moves SC against quashing of sugar delicensing policy
THE Uttar Pradesh Government has filed a special leave petition in the Supreme Court against a ruling by the Allahabad High Court quashing the Union Government's sugar de-licensing policy. On Wednesday, the apex court fixed as September 12 the ... More

NCDEX to launch Brent crude futures from September 15 — Ties up with IPE for real-time quotes
INDIAN corporates and other energy users can now use the Brent crude contracts to hedge their price risks on the National Commodity and Derivatives Exchange Ltd (NCDEX). The International Petroleum Exchange (IPE), Europe's leading energy ... More

Big NBFCs told to file monthly returns
ALL non-banking banking finance companies with asset size of Rs 100 crore and above will have to submit monthly returns to Reserve Bank of India. According to a notification issued by the RBI, the return should be submitted within seven days ... More