Business Daily from THE HINDU group of publications
Friday, September 08, 2006
Commodities (Sep 06 at close)
Gold (per gram) Rs896
Silver (per gram) Rs21.65
Brent crude (per bbl) Rs3,148
Markets (September 7)
BSE Sensex11853.85(-79.36)
S&P CNX Nifty3454.55 (-22.70)
US Dollar (Buy/Sell)46.24 (-0.05)

Cross Currency


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Auto majors line up big investment plans
Maruti to pump in Rs 3,000 cr more, Honda poised to make small car debut More

Cairn mulls marketing crude in India
Cairn Energy Plc, which is examining all possible options for evacuating oil from the Rajasthan fields, is considering the prospects of marketing of crude oil in India. Cairn and ONGC jointly hold stakes in the Rajasthan oil block. While Cairn ... More

Hindustan Lever to sell 51 pc stake in BPO arm to Capgemini
Partnership with Capgemini brings global shared services skills to HLL, Unilever More

Business Line e-paper from Sunday
Business Line will be launched in digital form, that is, as an e-paper on the Internet, on Sunday, September 10, 2006. The web address is The ... More

Reliance Comm ties up with Nokia for sub-Rs 2,000 CDMA handset
Nokia's maiden offer aimed at first-time mobile users More

Over a dozen banks in fray for UWB takeover
At the best of times, United Western Bank (UWB) would never have dreamt of a stream of suitors at its offices in Satara. At the worst of times, UWB has at least 12 suitors scrambling to RBI for ownership. Today was the last day for bids. More ... More

CCEA okays $720-m investment in HDFC real estate fund
Move to bring in about Rs 3,240 cr FDI More

Profit-booking, weak global markets drag indices down

Spurt in imports of palm stearin, PFAD
Authorities suspect it is being used to adulterate vanaspati More

Reliance seeks nod for pan-Indian GSM services
Move aimed at catalysing subscriber growth, increasing market share More

NIIT Tech ties up with Swiss HR co Adecco
Software company NIIT Technologies on Thursday announced a joint venture with the Switzerland-based Adecco SA, to provide software development and maintenance solutions to the clients of Adecco around the world. Both the companies have jointly ... More

`$176-b loss due to telecom fraud'
The average revenue leakage across global telecom operators has increased to 12.1 per cent of turnover ($176 billion), compared to 11.6 per cent in 2005, reads the `Operator Attitudes to Revenue Assurance 2006' report, conducted by telecom firm ... More

Elder Pharma: Gains strength
The Elder Pharma stock has been a steady gainer on the bourses in the last one month; it jumped 11.5 per cent on the BSE from Rs 315 levels to the current close of Rs 351.35. However, on Thursday, the stock finished a tad weak over the previous ... More

Tata Chemicals: Turns active
The counter has been active of late on market hopes that Tata Sons would further hike its stake in the company. Tata Sons recently bought 45.5-lakh shares of the company from Hindustan Lever at Rs 222.10 each. Hindustan Lever, which got these ... More

Air circulation over TN signals rains
Peninsula may benefit More

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