Business Daily from THE HINDU group of publications
Wednesday, August 02, 2006
Commodities (Aug 01 at close)
Gold (per gram) Rs901
Silver (per gram) Rs19.25
Brent crude (per bbl) Rs3,504
Markets (August 01)
BSE Sensex10751.66(+7.78)
S&P CNX Nifty3147.80(+4.60)
US Dollar (Buy/Sell)46.61(-0.09)

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Home loan rates, PLR go up
Prime lending rates raised 25 basis points; housing loans dearer by 50 basis points More

Delhi, Mumbai airports update gets into groove
Management to change from tonight More

Essar calls off BPL Mobile sale to Hutchison

USO fund: Finance Ministry faulted
Less than 50 pc of funds required released: DoT More

Tariff panel recommendations could hit ONGC's revenues
Oil major against differential pricing proposed by panel More

No increase in small savings, PF rates: Chidambaram
The Finance Minister, Mr P. Chidambaram, on Tuesday ruled out any increase in the interest rate on small savings, employees provident fund and pension fund. The Minister said in the Rajya Sabha that there was no proposal to raise interest on ... More

Motorola, Tech Mahindra tie up to form CanvasM
New co to develop applications for telecom subscribers More

Drug cos make plans to beat `generic' woes
Me-too versions lead rapid price erosion More

`Tax exemption on FDs an investment opportunity'
Investors looking for risk-free investment schemes with the added benefit of tax exemption, now have one more avenue to invest their funds. The Finance Ministry, in a notification issued on Monday, has said that bank fixed deposits (FDs) of five ... More

Nasdaq raises listing standards for `Global Select Market'
New norms emphasise on corporate governance More

Visaka Ind betting on textile boom
Textile, the current flavour on the bourses, has had a beneficial impact on the stock of Visaka Industries. Primarily into asbestos cement, the company also has a yarn division, which is expected to benefit from firm cotton prices and general ... More

Binani Ind up on arm's strength
A pending IPO (by subsidiary Binani Cement) and capex plans that will increase the scale of the company are driving interest in the stock of Binani Industries. The counter, which closed almost flat at Rs 166.10 on Tuesday gained by about 24 ... More

Orissa, Gujarat in for another wet spell
Deficit rainfall in 216 districts More

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Top Stories
ONGC to invest Rs 4,976 cr in 2006-07

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Q1 fiscal deficit crosses 50% of entire 2006-07 estimates

Egg exports to Gulf may resume by August 15

Discount issue: MRPL told to negotiate with OMCs

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