Business Daily from THE HINDU group of publications
Wednesday, July 19, 2006
Commodities (July 18 at close)
Gold (per gram) Rs926
Silver (per gram) Rs18.70
Brent crude (per bbl) Rs3,533
Markets (July 18)
BSE Sensex10226.78(-66.44)
S&P CNX Nifty2993.65 (-13.90)
US Dollar (Buy/Sell)46.73 (+0.34)

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TCS net profit rises 35 pc to Rs 883 cr in Q1
`It's one of purely volume growth'; 7,095 hired in first quarter More

Ban `illegal' voice calls: ISPAI
Messenger-based telephony services offered by Skype, Yahoo, MSN under the scanner More

HDFC Q1 net up 20 pc at Rs 297 cr
Registers rise in income, disbursements; to take view on lending rates by month-end More

Ranbaxy buys GSK's generic drug unit in Spain
Ranbaxy Laboratories Ltd, the country's largest drug maker, said today it has acquired GlaxoSmithKline Plc's (GSK) Mundogen generic drug unit in Spain for an undisclosed sum. The acquisition, the fourth in Europe this year by the company, was ... More

Wage issue: Oil officers threaten strike
Delhi HC lifts restraint on strike More

`Only 33 pc of medicines to be under price control'
Draft policy circulated to various departments for comments More

Mumbai box terminal: L&T may part ways with Hutchison Port
In talks with the Manila-based International Container Terminal Services More

Govt asks private steel players to check prices
The Government on Tuesday warned private steel producers to check prices or be prepared for an intervention. "We do not have a steel price control as of now but we have asked the Department to devise ways to check it by talking to the private ... More

PNB to go slow on loans for real estate
In a departure from its aggressive stance of last year, Punjab National Bank (PNB) has decided to go slow on providing credit for real estate development during the current fiscal. It will, however, continue to encourage individual housing ... More

Nasscom calls for `liberation' of institutions
Must be given freedom to experiment with new courses, pay faculty More

BSE's move to corporatise not to affect BoI Shareholding
Strategic investment in CDSL to continue More

Proxy sites help access banned blogs
More Web sites could be on DoT ban list soon More

LG jumps into `Blue Ocean'
To focus on five key areas to rev up growth More

`No move to ban futures trading'
The Union Government on Tuesday asserted that futures trading had helped stabilise the volatility in prices of wheat and other essential commodities and there was no proposal to scrap them from the system. "There is no question of banning ... More

Micro Tech down on FII selling
Share prices of IT firm Micro Technologies Ltd is on a free fall. On Tuesday, the shares went down 8.21 per cent to Rs 131.95 on good volumes. During the last five trading sessions, the shares have wiped off 28.98 per cent of its value from Rs ... More

Goldiam Intl on buying hopes
Goldiam International Ltd, a Rs 240-crore Mumbai-based jewellery company, is likely to attract investor interest after KB Infin, a non-banking finance company of the Pantaloon Group, bought 10 per cent stake in the company. KB Infin paid Rs 45 ... More

Weaker second `low' brings rain to east, central India
True to predictions, the second monsoon `low' has turned out to be less intense than the predecessor, churning to become a well marked `low' at its best bringing parts of East and central India under its spell over the past four days. In ... More

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