Financial Daily from THE HINDU group of publications
Sunday, December 25, 2005
Commodities (Dec 23 - at close)
Gold (per gram) Rs692
Silver (per gram) Rs13.22
Brent crude (per bbl) Rs2566
Markets (December 23)
BSE Sensex9256.91(-115.39)
S&P CNX Nifty2804.85 (-30.40)
US Dollar (Buy/Sell)45.11/45.24



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Govt will address India Inc's concerns over tax burden: PM
THE Prime Minister, Dr Manmohan Singh, has promised to address, over the next year, the concerns voiced by corporate India over the high direct tax burden. Delivering the inaugural address at the 78th Annual General Meeting of the Federation of ... More

SCI consortium emerges lowest bidder for Petronet LNG deal — We are set to win the contract, says Hajara
This will be the second LNG shipping deal for the SCI-Japanese shipping lines consortium. For the first phase of the Dahej terminal project, Petronet had hired two LNG tankers from the same consortium. More

Have licence to play music — Phonographic Performance warns hotels
IF you are planning to celebrate this festive season at one of the hotels or pubs offering customised packages for musical gala nights, it might just be prudent to check if the owners of the venue have paid up a licence fee to play music. For ... More

Panel approves AI's acquisition of 68 Boeing aircraft for Rs 38,000 cr — Govt secures discount of Rs 1,000 cr
THE empowered Group of Ministers (e-GoM) on Saturday approved Air India's proposal for purchasing 68 Boeing aircraft at an estimated cost of Rs 35,000 crore. Briefing newspersons after an almost five-hour long meeting between the e-GoM and ... More

`Inflation, interest rates driving gold'
Commodities guru Mr Larry Williams has the answer. According to the ace trader, regardless of what you think or think you know, gold is driven by one of the three forces, namely supply and demand for industrial or commercial use; fears of ... More

Laser Soft develops low-cost core banking solution
THE Chennai-based Laser Soft Infosystems Ltd has developed a core-banking solution (CBS) to cater to high volume and low-cost banking in the country. Addressing presspersons here, Mr B. Suresh Kamath, Chairman and Managing Director of Laser ... More

Ballarpur Ind kicks off modernisation plans — To double capacity of paper production at Bhigwan unit
BALLARPUR Industries Ltd (BILT) has kicked off its expansion-cum-modernisation plans for which it had set aside around Rs 1,200 crore. A part of the investment would go towards doubling the capacity of paper production at its Bhigwan unit in ... More

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