Business Daily from THE HINDU group of publications
Tuesday, August 29, 2006
Commodities (Aug 28 at close)
Gold (per gram) Rs886
Silver (per gram) Rs20.90
Brent crude (per bbl) Rs3,391
Markets (August 28)
BSE Sensex11619.52(+47.32)
S&P CNX Nifty3401.10 (+15.15)
US Dollar (Buy/Sell)46.53 (-0.02)

Cross Currency


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Over 4 lakh Govt posts vacant
`No ban on filling vacancies, no plan to withdraw curbs on fresh recruitment' More

Mylan to buy Matrix for $736 m
51.5% acquisition through deal, 20 pc through open offer More

Mylan-Matrix deal: Setting a precedent
Competition, pricing-pressures worry Indian promoters More

Nimmagadda Prasad: `Fastest wealth creator' in Indian pharma space
`Sharing wealth is the best way of enhancing it' More

Bajaj Auto to set up Rs 2,000-cr greenfield facility in Pune
Signs MoU with Maharashtra Govt; to produce 5-lakh vehicles annually More

BoI ties up with Dai-Ichi, Indian partner to enter life insurance
To hold majority stake; third partner not finalised More

Panel to look into iron ore mine allotment to steel cos
Ministry suggestion in the light of reservations over Hoda panel report More

Centre committed to big investments in power: PM
3,000-MW Talcher Super Thermal Power Station dedicated to nation More

UltraTech lines up Rs 2,700-cr capex
To increase capacity, install captive power plants More

Chemplast close to buying Polytrusions
Chemplast Sanmar Ltd is close to finalising a deal to buy Polytrusions Pvt Ltd, the Chennai-based manufacturers of PVC pipes that are marketed under the brand name `Trubore'. Sources in both companies confirmed the deal, but while Chemplast ... More

Power network survives Kamasutra virus assault
Isolation of computers prevents major system crash More

Rise in IT professionals returning from US
`Destination US' era coming to an end; better opportunities in India More

Mobiles may come `bundled' with anti-virus software
Data theft pegged as second largest concern: Study More

Sterlite Optical: Powers ahead
Sterlite Optical Tech, which declined one per cent to close at Rs 178.85 on the BSE, gained 20 per cent week-on-week basis and 80 per cent month-on-month basis. According to marketmen, the company is set to move ahead in terms of operating ... More

`Value buy' props up Balrampur Chini
The Balrampur Chini stock, which closed at Rs 97.80 on the BSE on Monday, is being viewed as a value proposition by analysts who are aware of the company's position as among the largest integrated sugar outfits in India. Its other activities - ... More

Rains may return to central, western India
The rains are threatening to come back with a vengeance to Central and West India with the latest `low' in the Bay of Bengal showing signs of intensifying, and, most importantly, beginning to deviate from the forecast path. The system was ... More

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