Financial Daily from THE HINDU group of publications
Friday, December 30, 2005
Commodities (Dec 29)
Gold (per gram) Rs712
Silver (per gram) Rs14.75
Brent crude (per bbl) Rs2612
Markets (December 29)
BSE Sensex9323.25 (+65.74)
S&P CNX Nifty2821.95 (+27.90)
US Dollar (Buy/Sell)45.10/45.24


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IT firms step up security
AFTER Wednesday's terror attacks on the Indian Institute of Science, IT companies in the country's tech capital have begun beefing up security procedures. Multinationals and domestic companies like Infosys Technologies and Wipro Ltd said that ... More

No cause for any disruption: Dharam Singh
The Karnataka Chief Minister, Mr Dharam Singh, has assured IT firms that the State Government is tightening security. He was speaking to newspersons after a high-level security meeting with police officials and bureaucrats. "There is no need ... More

SEBI panel recommends short selling by institutions
Initially short selling may be permitted only in those stocks in which derivative products are available More

ATM throws up forged note — AITUC puts up note to PM for inquiry
There are serious lacunae in the distribution system and sometimes "even less than the recorded amount" is delivered to the bank with regard to high denomination notes. More

Wake-up call for firms to go for terrorism cover
DESPITE repeated warnings on terrorist strikes from central intelligence agencies, several domestic information technology companies have not opted for terrorism risk cover. Sources said only the multinational companies and a handful of ... More

From April, MRP on drugs may include all taxes — Notification amending DPCO soon
The new norm would put an end to consumer inconvenience due to miscalculations, extra charges and other such problems. More

IT's hungry for more and more talent
CONTINUED hiring across technology disciplines, concerns about attrition levels in the IT Enabled Services resulting in higher costs and increasing real estate prices forcing companies to look to tier II and three cities have emerged as some key ... More

FMCG big spenders boost ad industry fortunes
WHEN the heads of three main international networks of advertising, Martin Sorrell (WPP), Tony Wright (Lowe Worldwide) and Michael Birkin (Omnicom), come calling in 2005, it can only herald a great year for the ad industry. Estimating the ... More

`Funds from primary market issues down 25 pc in 2005' — PSU disinvestments boosted 2004 mop-up
DESPITE an extremely bullish secondary market this year, funds raised in the primary equity market through public issues were lower by 25 per cent at Rs 22,754 crore from the previous year. In 2004, Rs 30,511 crore was raised in the primary ... More

Dos and don'ts for PC users while on vacation
WITH the New Year round the corner and people having packed their bags for travel, they need to have one more aspect on their check list - the shutting down of computers and laptops in their absence. According to Mr Niraj Kaushik, Country ... More

Fog means all-clear to rabi farmers even as pilots fret
Rabi wheat may be less sensitive to frost, but other crops such as mustard, gram and pulses are extremely sensitive, says says Dr Akhilesh Gupta of the National Centre for Medium Range Weather Forecasting. More




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