Financial Daily from THE HINDU group of publications
Thursday, January 05, 2006
Commodities (Jan 05)
Gold (per gram) Rs725
Silver (per gram) Rs14.75
Brent crude (per bbl) Rs2772
Markets (January 5)
BSE Sensex9617.74 (-30.34)
S&P CNX Nifty2899.85 (-4.55)
US Dollar (Buy/Sell)44.64/44.78


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Govt receives more than 30 EoIs for Maruti stake
THE Government has received Expression of Interest (EoI) from more than 30 entities for picking up an 8 per cent stake in Maruti Udyog Ltd (MUL). "The response to the Expression of Interest offer has been very good. We have had more than 30 ... More

Sensex rally continues
STOCK prices moved up for the second day in a row with key stock indices closing at their all-time high as foreign investors continued to invest in Indian equities. At close, the BSE Sensex rose 108.71 points to 9,648.08 and the NSE's S&P CNX ... More

Sharp rise in Gujarat Ambuja trading volumes, share price — Market buzz on Holcim interest
A SIGNIFICANT spurt in traded volumes and price in Gujarat Ambuja Cement shares on the stock exchanges has given rise to market speculation that Swiss cement major Holcim could be accumulating the stock. The stock logged a traded quantity of ... More

First phase scrutiny to cover 3,000 drug patent requests
The initial signs of activity have commenced with the patent office taking up for examination over 3,000 of the 7,000-odd pharma-related patent applications in the mail-box, a ministry official told Business Line. About a year into the ... More

For staff verification, call Bangalore police
THE terrorist scare among technology and BPO companies has spawned a new business opportunity for the resource-starved Bangalore police department - employee and vendor verification services. And it is an opportunity that the department has ... More

TRAI moots cable TV telephony
THE Telecom Regulatory Authority of India (TRAI) has proposed to open up the Media Gateway Control Protocol (MGCP), which is supposed to enable cable operators to offer telephony services to their customers more efficiently. Most cable ... More

Japanese Minister travels on Delhi Metro
THE Japanese Minister for Foreign Affairs, Mr Taro Aso, travelled on Wednesday on the Delhi Metro Rail from the Central Secretariat to R K Ashram Marg. He was accompanied by Dr E. Sreedharan, Managing Director of Delhi Metro Rail Corporation ... More

Equity funds now focus on select mid-cap stocks
EQUITY funds have lately struck a lot of deals in the market with their activities focused mainly on select mid-cap stocks. UTI MF, Prudential ICICI MF, Franklin Templeton and a few others have been active on this front in recent days. In some ... More

One million more BSNL mobile subscribers in Dec
This is the first time BSNL has added so many new subscribers ever since it launched cellular services two years ago. More

Maxis to use Aircel as base to grow here — Sees good potential in broadband, offshoring businesses
MAXIS Communications Berhad of Malaysia, which has signed an agreement to acquire the mobile operations of the Sterling Infotech group, plans to use this as a base to build a national business here in the medium to long term. In an e-mail ... More

LogicaCMG to shift shared services operations to India
THE India operations of the European IT firm LogicaCMG is set to emerge as the global hub for the company's business process shared services such as finance and accounting (F&A), procurement, HR services and technology help desk. The company ... More

Fog, cold wave in North may extend to more areas
The eastward moving system is likely to continue to generate scattered rain/snowfall over Jammu and Kashmir, Himachal Pradesh and Uttaranchal for another 24 hours. More




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