Business Daily from THE HINDU group of publications
Friday, July 07, 2006
Commodities (July 06)
Gold (per gram) Rs880
Silver (per gram) Rs19.00
Brent crude (per bbl) Rs3,413
Markets (July 06)
BSE Sensex10767.97(-151.67)
S&P CNX Nifty3156.40(-40.70)
US Dollar (Buy/Sell)46.18 (+0.16)

Cross Currency


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PM puts divestment on hold
Move follows DMK threat to withdraw support to UPA Govt on sale of NLC shares More

Dip in MF assets under management in June
Equity market meltdown, debt market changes lead to Rs 10,000-cr outflow More

NTC seeks nod to sell 93 acres
Stands to net more than Rs 3,000 cr More

Maharashtra FDA gets third chief in 3 years
The Maharashtra Food and Drug Administration (FDA) has got a new Commissioner, the third in three years - a track record that unsettles the pharmaceutical industry, as it has to build bridges with the State regulatory authority with every ... More

`Asians are world's biggest shopaholics'
`Upshot of strong economic growth, unprecedented levels of disposable income' More

Tata stocks riding on acquisitions, consolidation
A combination of factors ranging from acquisitions to impact of global consolidation in their respective sectors and the benefit of riding this wave while hailing from a respectable business house, has triggered investor interest in select Tata ... More

Mumbai rains dampen insurers' spirits again
Claims trickling in; clear picture of damage to be known in next few days More

Event marked by euphoria, nostalgia
Traders from either side of the border rushed to greet and shake hands with each other More

CCEA nod for mandatory use of jute in packaging
100 pc compulsory packaging for foodgrains, sugar More

Airtel launches fixed wireless services
Uses GSM technology; offers both pre-paid and post-paid schemes More

Intend to improve on succession process: Premji
The Wipro Chairman, Mr Azim Premji, is set to take his flagship company, Wipro, to new heights. This much is obvious, after the company made several recent acquisitions. He has plans to open BPOs in other places across India like Vizag, Mysore, ... More

Centre extends ban on export of pulses
Trade wants imports speeded up to control prices More

`Infrastructure will see investment of Rs 3,20,000 cr in the next 6 years'
Assocham study sees significant role for private sector More

Ranbaxy turns weak on homesick
The family dispute in Ranbaxy family seems to be impacting sentiment in the counter, dealers said. On Thursday, Ranbaxy closed at Rs 354.70, down from previous close of Rs 357.40. Though the dispute has nothing to do with Ranbaxy Laboratories ... More

`Put on hold' puts PSUs in tightspot
Shares of public sector firms Neyveli Lignite Corporation Ltd (NLC) and National Aluminium Company (Nalco) were on the spotlight on Thursday after Government decided to put on hold the disinvestments plans in these companies. NLC was facing ... More

Monsoon may enter weak phase again
Wednesday's monsoon depression weakened rapidly overnight into a well-marked "low" and moved North-Northwest later to settle down as a feeble "low" over south Rajasthan on Thursday. This brought the ongoing wet session progressively to an end ... More

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