Financial Daily from THE HINDU group of publications
Sunday, January 29, 2006
Commodities ( at close Jan 27)
Gold (per gram) Rs754
Silver (per gram) Rs15.50
Brent crude (per bbl) Rs2881
Markets (January 27)
BSE Sensex9870.79(+185.05)
S&P CNX Nifty2982.75 (+42.40)
US Dollar (Buy/Sell)44.11/44.24


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PSU insurers to overhaul Mediclaim as losses mount
THE popular health insurance cover — the Mediclaim Policy — offered by the four public sector non-life insurance companies is set for a major overhaul. Stung by the massive losses on the health portfolio that exceed premium ... More

Dell Computers looking at manufacturing unit in India — Scouting for location in South
GLOBAL IT major Dell Computers is looking to further its engagement with India and even thinking in terms of a manufacturing unit that would be based in a location that has both seaport and airport close by, sources in Davos told Business ... More

Karnataka Governor invites Kumaraswamy to form Govt
THE ten-day long political stalemate ended on Saturday with the Karnataka Governor, Mr T. N. Chaturvedi, inviting the Janata Dal (S) rebel leader, Mr H.D. Kumaraswamy's coalition with the Bharatiya Janata Party to form the Government following ... More

Re depreciation hurts Sundram Fasteners
IT cuts both ways. Sundram Fasteners has always kept the proportion of the cheaper dollar loans (which are partly hedged) in its total stock of debt "high". In the past, when the rupee appreciated against the dollar, the company has gained. In ... More

Flat growth in SBI net profit in Q3
STATE Bank of India, the largest bank in the country, reported a marginal increase in net profit at Rs 1,115.19 crore for the quarter ended December 31, 2005, as against Rs 1,099.35 crore in the year ago quarter. The results would have been ... More




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