Financial Daily from THE HINDU group of publications
Sunday, November 13, 2005
Commodities (November 12)
Gold (per gram) Rs653
Silver (per gram) Rs13.05
Crude (per bbl)$57.72
Markets (November 11 at 15.30 IST)
BSE Sensex8471.04 (+162)
S&P CNX Nifty2546.65 (+46)
US Dollar (Buy/Sell)45.7350/7450


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Govt softens stand on generic drug prices — Control only for branded medicines
GENERIC pharmaceutical companies may have a reason to rejoice with the Government considering the option of keeping these medicines out of price control. In an attempt to promote generics, the Chemicals and Fertilisers Ministry is planning to ... More

Call rates go up on liquidity pressure
There were reports that the central bank sold dollars when the rupee breached the psychological level of 46. More

Gold prices pushing 7K; is correction due?
INDIAN gold prices moved up to a high of Rs 6,995 per 10 grams, tracking the overnight surge in bullion prices in New York. The standard gold price ended higher by Rs 35 at Rs 6,995 and gold .999 made a similar gain to close Saturday's session ... More

Temasek not to pick up stake in SpiceJet
TEMASEK Holding has decided against picking up a stake in the domestic low-cost airline SpiceJet. "Temasek is not participating. There were some issues," the airlines' Chief Executive Officer, Mr Siddhanta Sharma, told Business Line. ... More

TCS to focus on life sciences, utility, energy sectors
EVEN as business from the growing banking, insurance and financial services sector would continue to contribute around 40 per cent of the revenue of Tata Consultancy Services Ltd (TCS), the IT major hopes its net augmentation of manpower in the ... More




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