Business Daily from THE HINDU group of publications
Tuesday, July 11, 2006
Commodities (July 10 at close)
Gold (per gram) Rs881
Silver (per gram) Rs18.70
Brent crude (per bbl) Rs3,395
Markets (July 10)
BSE Sensex10684.30(+174.77)
S&P CNX Nifty3142(+66.15)
US Dollar (Buy/Sell)46.16 (+0.06)

Cross Currency


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GSLV crashes into Bay
Minor setback, won't affect space programme: ISRO chief More

A big jolt to India's launch programmes
The GSLV-F02's failure on Monday, after what seemed as a `text book' take off, not just means the loss of the INSAT-4C, but, also a minor `rollback' in its efforts to build a self-reliant programme. More

Reliance's FLAG Telecom bags China Netcom deal
China Netcom, a fixed line telephone operator in Northern China, has selected FLAG Telecom, a subsidiary of Reliance Communications, as the preferred international carrier to provide trans-pacific bandwidth for its fast-growing broadband ... More

Chip makers will have to invest Rs 1,000 cr
To avail themselves of fiscal sops proposed by Govt More

`Ethanol-blended petrol sale subject to availability'
Sale of ethanol-blended petrol will become mandatory for oil marketing companies (OMCs) only if there is sufficient availability of this alternative fuel at an acceptable price, the Petroleum Secretary, Mr M.S. Srinivasan, said. The Government ... More

Sensex up 174 points
The BSE Sensex ended in positive territory on Monday, after witnessing intra-day highs and lows. The index gained momentum in the last hour of trading to end at 10,684.30 points, up by 174.77 points or 1.66 per cent. The Nifty closed at ... More

IT firms may post good Q1 numbers
Strong volume growth, depreciating rupee seen propelling profits More

TRAI to revisit iPTV paper on convergence
`Need to do more work on convergence of content and delivery' More

Hyderabad Ind: Betting on expansion
Shares of building material maker Hyderabad Industries Ltd rose by 12.68 per cent on Monday to touch Rs 399, from the previous close of Rs 354.10. The buzz is that the company's expansion will kick off next month when the first of its two new ... More

Venkys India turns attractive
The Pune-based food processing firm Venkys India Ltd saw buying interest on Monday. Its shares rose by 10.51 per cent to Rs 124.10 on the BSE on decent volumes. With bird flu threat gone for good, dealers said the company was able to make up for ... More

Markets stage recovery ahead of results season

Number of mutual fund distributors set to rise
AMFI-registered distributors may touch 50,000 More

Fresh monsoon `low' less reassuring
Forecasters less optimistic about a new `low' predicted to take shape in the Bay More

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