Business Daily from THE HINDU group of publications
Tuesday, September 12, 2006
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Commodities (Sept 11 at close)
Gold (per gram) Rs844
Silver (per gram) Rs19.75
Brent crude (per bbl) Rs3,019
Markets (September 11)
BSE Sensex11550.69(-367.96)
S&P CNX Nifty3366.15(-105.30)
US Dollar (Buy/Sell)46.33 (+0.09)


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Crude continues to slide on slowing economy
The Indian crude basket has also reflected a declining trend with the softening of international crude prices. The Indian basket stood at $63.77 on September 10. It represents the average crude price paid by the Indian refiners and is ... More

Gold prices nosedive
International gold prices that peaked at $744.50 on June 6, came all the way down to $585 Monday, breaching the strong psychological mark of $600 an ounce. On the national front, the October futures contract for gold on Multi Commodities Exchange ... More

Sensex sheds 368 on weak global trend
Highest intra-day loss since July 17 More

GE picks HCL to set up development centres
General Electric Company (GE) has selected HCL Technologies to set up and operate global development centres (GDCs) in India and China over the next three years. GE selected HCL as one of its partners after due diligence conducted by the GE ... More

Volkswagen drives into Maharashtra
Finalises pact for greenfield project at Pune More

Can't afford computers? Just buy more mice!
LINKING CHILDREN More

Sensitive items imports up by 11 pc in April-May
Sensitive items being monitored by the Commerce Ministry due to their adverse effect on local prices registered a high growth of 11 per cent growth during the first two months of the current fiscal at Rs 2,792 crore, against Rs 2,524 crore n ... More

HSBC to tap card venture to extend `merchant loans'
Global campaign to promote SME product suite More

57 M&As in Jan-Aug
The first eight months of 2006 has seen 57 mergers and acquisition (M&A) deals in the IT and ITES sector valued at over $1.73 billion as compared to 80 deals valued at $1.33 billion for the whole of the year 2005. The deal value too has ... More

AAI may raise Rs 4,000 cr for modernisation
`If needed it would have to float bonds' More

`Animation edge? Bangalore has IT too!'
`Hyderabad, Mumbai, Chennai, here we come' More

Sun Pharma under close watch
Analysts are closely watching the Sun Pharma stock for what some say are prospects of the company's US business and the sustained thrust on its domestic formulations. Some others expect the company to do well on the back of its domestic ... More

Monnet Ispat: Up on coal sourcing
The Monnet Ispat counter, which closed at Rs 163.85 on Monday, is said to be deriving gains from the company's sourcing strategy with regard to coal. It is expected to stay isolated from volatility of coal prices, as sourcing needs will be met ... More

Rain in South to sustain for 4 more days
Outlook for cyclonic circulation deferred More


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