Financial Daily from THE HINDU group of publications
Saturday, November 19, 2005
Commodities (November 18)
Gold (per gram) Rs767
Silver (per gram) Rs13.65
Crude (per bbl)$56.40
Markets (November 18 15.30 IST )
BSE Sensex8686.65 (+37.13)
S&P CNX Nifty2620.05 (+16.10)
US Dollar (Buy/Sell)45.71/45.84



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Banks to keep rates steady: Chidambaram
RBI to issue guidelines on Tier-III hybrid capital soon

At present, we are witnessing an investment boom. Drawdown of sanctions is taking place. We should not do anything to dampen the investment spirit: Chidambaram More

Branson to unveil `creative business' project next week — Media/entertainment foray likely
SIR Richard Branson of the UK-based Virgin Group seems all set to enter the media/entertainment scene in India. This will be in addition to his already announced intention to foray into telecom and hospitality sectors here. But Sir Richard is ... More

`UTI-I has set aside assets to repay bonds'
THE Finance Minister, Mr P. Chidambaram, said the Specified Undertakings of the Unit Trust of India (SUUTI) has set aside assets to repay the 6.75-per cent US-64 bonds and the 6.6-per cent Assured Returns Scheme (ARS) bonds issued in May 2003. ... More

Maharashtra hardens stand, issues notices to banks on stamp duty dues
SEVERAL banks may have to shell out huge amount as stamp duty dues on sale and purchase of government securities as the Maharashtra Government has issued a 15-day recovery notice to them. The State Government has also threatened to take action ... More

Ranbaxy seeks directive on generic manufacture of Tamiflu
AFTER China recently reported deaths due to avian influenza (bird flu), domestic pharmaceutical companies are seeking a clear directive from the Government on manufacturing of Tamiflu (Oseltamivir Phosphate) in India. While officials in the ... More

Cheaper metals check inflation
THE annual wholesale price indexrose 4.14 per cent during the week ended November 5, lower than the previous week's annual rise of 4.75 per cent. The fall was largely due to last year's high base and a fall in metal prices, data released by the ... More

C-DAC project draws interest at Tunis meet
KERALA'S `Akshaya' computer literacy project and C-DAC's telemedicine solutions have generated substantial interest here at the World Summit of Information Society (WSIS). Many developing countries in Africa are keen to replicate the Akshaya ... More

Wipro Infotech getting more mid-size total outsourcing deals
WIPRO'S India, Asia-Pacific and West Asia business is seeing wins in mid-size total outsourcing deals in the past two quarters and the momentum is likely to get stronger. Speaking to Business Line, Mr Suresh Vaswani, President, Wipro ... More

Talking computers the kids way
AMIDST hundreds of pavilions loaded with dazzling signboards, plasma TVs and high decibel music at the WSIS exhibition, chances are that you will walk by a tiny stall from Namibia. A petite girl manning the stall has no gadgetry around her. She ... More

Next round of rains likely from tomorrow
THE next round of northeast monsoon rains is expected to commence over Tamil Nadu and adjoining States earliest by Sunday. According to the National Centre for Medium Range Weather Forecasting (NCMRWF), the leisurely pace allowed the `low' ... More

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