Business Daily from THE HINDU group of publications
Friday, July 14, 2006
Commodities (July 13)
Gold (per gram) Rs915
Silver (per gram) Rs19.50
Brent crude (per bbl) Rs3,427
Markets (July 13)
BSE Sensex10858.50(-71.59)
S&P CNX Nifty3169.30 (-26.60)
US Dollar (Buy/Sell)46.33 (+0.12)


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HCL, Teradyne of US in $70-m outsourcing deal
To absorb Teradyne's existing staff; contract to fetch $25 m in first year More

KKR of US to invest $515 m in Indian IT sector
Proposal awaits CCEA approval More

Sensex down 72 points on BoJ rate hike fears
Investors fear BoJ rate hike More

Nilgiri's in talks to offload stake
UK private equity firm Actis frontrunner for 26-28% share More

UTI Bank Q1 net rises 30 pc
Driven by higher earnings, UTI Bank reported a 30 per cent rise in its first quarter net profit at Rs 120.55 crore, up from Rs 92.63 crore in the year-ago period. Dr P.J. Nayak, Chairman and Managing Director, UTI Bank, said the bank could ... More

Agrarian distress
FOR WANT OF A PAIR OF BULLOCKS: Bheemrao Manigempure, a small farmer of Kadlabad village in Bidar district, Karnataka, with his son Shivasharanappa and daughter-in-law Saraswati. While the two men pull the plough, she helps them, sowing, ... More

Shaken by blasts, chambers line up plans to meet crises
India is a safe destination, India Inc tells foreign investors More

Talent hunt: IT firms under pressure to hike freshers' pay
`Infosys Rs 2.7-lakh packet may set the benchmark for the industry' More

International bandwidth capacity grows 95 pc
`Growth in broadband services is the real driver' More

Ad volumes rise 5% during World Cup
The FIFA soccer fever finally came to a close early this week and if advertising volumes can be considered as a measure to gauge the popularity of soccer in India, it is definitely on the rise. A recent report of TAM Media Research shows a five ... More

The long and short of IT: Loyalty bonus
REWARDING TECHIES More

Centre okays 2 transmission projects worth Rs 5,778 cr
The Government today approved two transmission projects of Power Grid Corporation of India Ltd (PGCIL) entailing a total investment of Rs 5,778.47 crore. The Cabinet Committee on Economic Affairs (CCEA) has given its go-ahead to PGCIL's Rs ... More

Blasts leave their impact on hotels
`But business will not be hit in the long run' More

Western Rly to appoint security consultant
`Suggestions to be implemented in time-bound manner' More

3i Infotech gains on back of orders
The stock of 3i Infotech has gained almost 19 per cent over the past month and in a very volatile market. 3i Infotech is an IT company providing solutions primarily to the banking, software and financial services industry. The company's ... More

Stock split talk drives Nesco
Rumours of a stock split announcement have been propelling the counter of Nesco Ltd on the bourses. The company is also reportedly looking at issuing a 1:1 bonus. The stock has gained almost 14 per cent week-on-week on the BSE. Nesco is ... More


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