Financial Daily from THE HINDU group of publications
Tuesday, November 15, 2005
Commodities (November 15)
Gold (per gram) Rs653
Silver (per gram) Rs13.00
Crude (per bbl)$54.73
Markets (November 14 at 15.30 IST)
BSE Sensex8494.29 (+23.25)
S&P CNX Nifty2558.80 (+10)
US Dollar (Buy/Sell)45.6650/6750


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Carbon trading: Cos may not see big money now
INDIAN companies hoping to make big money through carbon trading are unlikely to get the monetary benefits immediately. This is because the carbon credit buyers normally pay the seller when the credits are delivered into the buyer country's ... More

TCS, SBI form joint venture to offer banking consultancy
TATA Consultancy Services and State Bank of India have formed a joint venture company C-EDGE Technologies Ltd that will offer technology and consulting services to the banking, financial services and insurance industry (BFSI). The 51:49 ... More

GAIL to acquire licence for STD services
COMPETITION in long distance telephony market is hotting up with the state-owned GAIL (India) Ltd today saying that it plans to acquire a licence for offering STD services across the country. The move comes within days of the Union Government ... More

Shah Rukh may campaign against smoking — Health Ministry keen to rope in Bollywood star
SHAH Rukh Khan, who is urging India to participate in the immunisation programme under the National Rural Health Mission, could now assist the Government in checking smoking; provided he quits the habit too. The Badshah of Bollywood, known to ... More

Overseas business to contribute 35% of Tata Group revenues by 2010
TATA Group expects revenues from international business to contribute 35 per cent of its total turnover by 2010. Currently, overseas business, which is growing by 37 per cent annually, accounts for 25 per cent of the group's revenues of $18.2 ... More

`Escorts sale tussle has not hit business'
THE legal spat between the two Nanda brothers - Rajan and Anil — on the sale of the Escorts Heart Institute and Research Centre (EHIRC) and the subsequent land ownership controversy with the Delhi Development Authority (DDA) may have ... More

Passenger cars sales up 7.6 pc in October, motorcycles 29 pc
FESTIVE October saw passenger cars and motorcycle sales accelerate in the month as companies came up with discounts and other promotional schemes to boost sales during the period. The month saw car sales increasing by 7.6 per cent at 79,403 ... More

Motorola, Bharti Teletech enter into distribution pact
MOTOROLA on Monday announced a strategic alliance with Bharti Teletech to use the latter's network of 250 distributors and over 11,000 retailers in the country, for selling its handsets and accessories. "Bharti Teletech's access to the rural ... More

Maran to lead team to IT summit in Tunis
THE Minister for Communications and IT, Mr Dayanidhi Maran, is leading a high-level delegation to the second phase of the World Summit on Information Society (WSIS) in Tunis from November 16 to 18. The summit will discuss issues including ... More

H-P, Microsoft announce joint SMB initiative
The desktop and server solutions sold under this initiative provide SMBs with the tools and resources to enable their businesses to grow. More

Is India ready to tackle bird-flu
IS bird flu here already? Citing unsubstantiated reports of bird-flu in Chennai and West Bengal, scientists have now joined in to voice their concern on India being ill-prepared to deal with bird-flu, in the event of an outbreak. "It ... More

Advisor for IA divestment, IPO to be finalised soon
THE Union Civil Aviation Ministry is likely to finalise the advisor for the proposed divestment and initial public offering of Indian Airlines in the next few days. This was announced by Mr Praful Patel, Union Civil Aviation Minister, on ... More

Monsoon may revive at weekend
THE quiescent state of the northeast monsoon is not likely to last longer than Thursday with the east-west shear zone showing signs of reorganising and heaving itself north to an alignment along the 10N latitude passing through Madurai and ... More




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