Business Daily from THE HINDU group of publications
Thursday, July 13, 2006
Commodities (July 12 at close)
Gold (per gram) Rs903
Silver (per gram) Rs19.35
Brent crude (per bbl) Rs3,411
Markets (July 12)
BSE Sensex10930.09(+315.74)
S&P CNX Nifty3195.90 (+79.75)
US Dollar (Buy/Sell)46.26 (+0.10)

Cross Currency


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Mumbai gets back to work
The day after serial bombings, the financial capital shows its resilience More

Indian resilience poses stark contrast to overseas counterparts
Sensex closed higher the next day after 1993 & 2003 Mumbai serial blasts More

Markets put blasts behind
Sensex jumps 315 points on the back of Infosys numbers; highest close in two months More

FIIs bullish despite blasts
Tuesday's bomb explosions in the country's commercial capital have failed to dampen foreign investors' interest in Indian equity markets. Foreign institutional investors continued to show faith in the Indian stocks, emerging as net buyers to ... More

Infosys Q1 net rises 49 pc at Rs 794 cr
Highest-ever guidance: revenue and earnings outlook raised for financial year 2006-07 More

Guidance several notches higher than expectations
Infosys: News Analysis More

Industrial growth at 9.8 per cent on manufacturing boost
Buoyed by a strong 10.9 per cent growth in the manufacturing sector, the country's overall industrial output grew 9.8 per cent in April-May 2006, up from 9.5 per cent in the corresponding period last year. The mining and electricity sectors, ... More

Operating margins likely to be stable
Infosys expects its operating margins to be stable and move in a narrow band of 31-32 per cent for the remaining quarters of the current financial year, said the Chief Financial Officer, Mr V. Balakrishnan. The new employee addition is expected ... More

Kin of blast victims can claim up to Rs 4 lakh from Railways
The insurance policy is being run by the four public-sector insurance companies but is being administered by United India Insurance. Families can claim up to Rs 4 lakh in the case of death More

PSBs oppose deregulation of savings bank rates
Some say it will lead to excessive volatility in both deposit and lending rates More

US to review dumping duty on Indian shrimps
3 firms chosen for reassessing statistics, performance More

Sensex vaults, but mid, small-caps see muted gains

BOC India edges down
BOC India declined on lost market hopes of an open offer from Linde AG of Germany, the recent overseas acquirer of BOC Group of the UK. The process of acquisition of the holding company of BoC India in the UK began in April last. But the market ... More

Allahabad Bank turns weak
After sanctions slapped by the Japanese authority on Sampo, a proposed partner of Allahabad Bank in a four-way insurance joint venture, sentiment over the counter dampened. The stock has lost 12 per cent in the last one week and 21 per cent in ... More

Ayurveda, the new focus area for FMCGs
Cos setting up own health camps, ayurveda centres for consultation More

West coast bracing for another wet session
Bay `low' advanced by a day; widespread rains likely for 48 hours More

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