Business Daily from THE HINDU group of publications
Thursday, July 27, 2006
Commodities (July 26 at close)
Gold (per gram) Rs883
Silver (per gram) Rs18.55
Brent crude (per bbl) Rs3,435
Markets (July 26)
BSE Sensex10617.27(+201.66)
S&P CNX Nifty3110.15(+69.65)
US Dollar (Buy/Sell)46.84(+0.11)

Cross Currency


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ONGC net rises
Board approves 1:2 bonus share issue More

HPCL in loss
Suffers under-recoveries of Rs 2,133 crore More

Govt rejects RIL price for gas to RNRL
In a new twist to the ongoing war between the two Ambani brothers on the issue of gas price, the Government on Wednesday said that it did not agree with the Mukesh Ambani led Reliance Industries Ltd (RIL's) proposed valuation formula for gas ... More

Sensex up 202 points on good Q1 results
Markets continued their upward trend for the third consecutive day on good corporate results by ONGC and Bharti Airtel. The BSE-30 Sensex gained 1.94 per cent to end at 10,617.27, up by 201.66 points. All indices ended in green with BSE FMCG ... More

CBI awaits Govt nod to book officials in corruption cases
Finance Ministry tops the list with 23 cases followed by Railways More

Street vendors demand to be organised
Hawker zones, digital census, simple registration process sought More

NAVs turn negative for sector funds
Technology funds - the least affected More

SEC-certified TWI analysts to track US stocks from Mumbai
The `Great Indian Outsourcing Story' is now replicating its successful model in yet another uncharted area — equity analysis on Wall Street stocks. The US-based investment bank Thomas Weisel International (TWI), a wholly-owned subsidiary ... More

Inventory build-up worries sugar mills
Cash flow problem feared More

Sasken to buy Botnia, two arms in all-cash deal
To set up design centre in Finland to offer value-added solutions More

Payment, settlement systems may come under RBI
Bill to empower RBI introduced in Lok Sabha More

EDS India to merge with MphasiS
Board approves share swap ratio More

How Dr Reddy's became a $1-b company
A man who earned just Rs 500 a month 30 years ago went on to build a pharma empire and now owns a third of the company's market cap of Rs 10,000 crore. Dr Reddy's Laboratories, the company he started in 1984, is now a $1-billion ... More

Matrix Labs up on stake sale talk
Rumours of a stake sale/takeover resurfaced at the counter of Matrix Laboratories driving prices up by more than 4 per cent on the BSE. The company, which had sometime back considered taking over Stride Arcolab, is back on the market radar on ... More

McDowell: On brand acquisition hope
Another stock that moved up on acquisition rumours today was McDowell and Company. Market talk indicating that the company is close to buying four brands from White and Mackay saw the company's share price surge almost 5 per cent to end at Rs ... More

Remembering India's first woman CA
The year, 1930. Fresh after the release from Vellore prison, a 23-year-old wondered what the future held for her. Her mind was full of patriotic feelings but her family compulsions were different. She boards a train to Taliparramba, a remote ... More

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