Business Daily from THE HINDU group of publications
Saturday, September 02, 2006
Commodities (Sept 01)
Gold (per gram) Rs889
Silver (per gram) Rs21.60
Brent crude (per bbl) Rs3,271
Markets (September 1)
BSE Sensex11778.02(+78.97)
S&P CNX Nifty3435.45 (+21.55)
US Dollar (Buy/Sell)46.55 (+0.01)

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Tarapore panel for 3-phased road-map towards free float
`Prohibit FIIs from investing fresh money raised through PNs' More

Big jump in individual I-T returns filed this year
Govt's extensive advertisement campaign pays off More

LIC plans to invest Rs 90,000 cr this yr
Bulk of premium seen coming from ULIPs More

Actis set to buy controlling stake in Nilgiris Dairy Farm
The deal amount is estimated to be Rs 300 crore More

Petro product prices unlikely to be raised now
Indian crude basket stands below $ 70 a barrel; Ministry to take consolidated look at prices More

Ratan Tata to be Chairman of Energy Brands Inc
Co-branding initiatives likely More

Relaxation in telecom FDI guidelines likely
Cos with less than 49% FDI kept out of purview of Press Note 5 More

Allow industrial houses to set up banks: Tarapore panel
Foreign banks may be allowed to strengthen presence More

Laptops no longer sole flagbearer for wireless Internet

SemIndia firms up funds for phase I
Test, assembly line to see $100-m investment More

Buying in pharma, auto stocks spurs Sensex rally

Inflation dips marginally on lower energy prices
Fruits, vegetables & wheat dearer; imported oil, oil cakes cheaper More

Ahmednagar Forgings: A value play
Ahmednagar Forgings, which closed 5 per cent higher at Rs 196.65 on the NSE, is turning into a value and growth play in the auto ancillaries domain, investment circles, who refer to the company's current position and projections, say. Analysts ... More

New mandates lift Subros
Analysts attribute the interest in the Subros stock to the recent mandates received by the company to supply truck air conditioners as well as the proposal to introduce a law to make ventilator assembly a compulsory element for trucks. In ... More

Rain deficit slips back to 2%; narrowing trend reversed
Depression likely to move in a north-northwesterly direction More

Michelin plans to enter two-wheeler tyre market
Keen on tapping motorcycle segment More

Warming Pacific may fire up NE monsoon in peninsula
The current climatological outlook for southern India could change in the IRI forecasts from September if the tropical Pacific does warm further. It is possible that this could force a review of the forecasts, which for now "do not indicate any parti cular deviation from climatology for the southern Indian peninsula." More

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