Financial Daily from THE HINDU group of publications
Tuesday, May 30, 2006
Commodities (May 29 at close)
Gold (per gram) Rs907
Standard Gold (10 gram) Rs9,790
Silver (per gram) Rs21.25
Brent crude (per bbl) Rs3242
Markets (May 29)
BSE Sensex10853.14(+43.79)
S&P CNX Nifty3214.90 (+5.30)
US Dollar (Buy/Sell)46.11 (+0.20)


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States shower incentives for attracting investments
UP may lower investment criteria to Rs 100 cr, cover all industries More

M&M clocks 110 pc growth in Q4 net
Mahindra & Mahindra Ltd (M&M) today reported 110.39 per cent growth in profit after tax for the quarter ended March 2006, to Rs 321.18 crore from Rs 152.66 crore in the previous corresponding period. Net sales/income from operations moved up More

UTI AMC to launch $200-300-m overseas infrastructure fund
2 new funds for domestic market; net equity purchases at Rs 900 cr last week More

Snuffing out smoking with pictorial health warnings
New rules awaiting green signal from Health Ministry More

Fundamentals favour upside for metals
Recent fall insignificant from a historical perspective More

UB Group not to outbid competitor for Taittinger
The UB Group has walked out of its bid for Champagne Taittinger claiming that it was not interested in outbidding one of its competitor's raised offer for the business. "It does not make business sense to offer more for Taittinger," an official ... More

FMC tells bourses to set up investor protection fund
The Forward Markets Commission (FMC) has directed the commodities exchanges to constitute an Investor Protection Fund. All fines and penalties collected by the exchange should form a part of the fund. Detailed guidelines for the constitution of ... More

Monsoon pauses, could revive to `shut out' briefly
Heat wave conditions prevail over most parts of Rajasthan, West Haryana and Northwest Madhya Pradesh where day temperatures hover around 45C. Mumbai likely to get rains by Thursday, Gujarat the next day More


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