Business Daily from THE HINDU group of publications
Saturday, September 16, 2006
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Commodities (Sept 15)
Gold (per gram) Rs816
Silver (per gram) Rs18.00
Brent crude (per bbl) Rs2,912
Markets (September 15)
BSE Sensex12009.59(+36.57)
S&P CNX Nifty3478.60(+7)
US Dollar (Buy/Sell)46.14(-0.07)


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NELP-VI attracts 165 bids from global, domestic majors
Ministry expects $8-10 b investment in all phases; $2 b in first phase More

Three PSBs ink pact for strategic collaboration
Oriental Bank of Commerce (OBC), Indian Bank and Corporation Bank today signed an alliance to share business. The Memorandum of Intent (MoI) will cover e-payment systems, sharing of IT infrastructure, training, ATMs, treasury resources, loan ... More

`Most banks unsure of services cost'
Panel finds many charges unfair More

Kharif grains, oilseed output may fall this year
Decline likely in cotton too More

Highway development programme hits a dead-end
New procedure for PPP projects create delays More

BHEL to pay 145 pc dividend
Bharat Heavy Electricals Ltd (BHEL) has announced an all-time high dividend payout of 145 per cent of its equity share capital for 2005-06, beating the previous high of 80 per cent announced for 2004-05. The company's turnover for the last ... More

International roaming to attract service tax
The Finance Ministry wants to make it clear that domestic telecom operators would have to fork out service tax on the international roaming services provided by them to people coming in from abroad. It has said that revenues from such services ... More

Raters yet to standardise norms for hybrids
Worldwide, upper Tier II papers are ranked a notch lower More

Decline in energy prices pegs inflation lower
Wholesale price index of all commodities up at 206 points More

Tyre companies may roll back prices
Rubber prices fall to around Rs 82 a kg More

Need to address wage inflation in sector: TCS
To step up recruitment abroad More

Govt plans to earmark 2.5 Ghz for Wi-Max
Move will put 3G plans in jeopardy, says COAI More

Reliance seeks spectrum for 3G trials
Reliance Communications has sought permission from the Department of Telecom for conducting trials for 3G services. Reliance Communications has applied for 3G spectrum in seven circles — Orissa, West Bengal, Kolkata, Madhya Pradesh, North ... More

Sensex closes above 12k level
More

Ashok Leyland turns active
The stock of Ashok Leyland Ltd (ALL) appreciated by almost 11.5 per cent month-on-month only to close at Rs 41.85 on the BSE on Friday. Apart from improved fundamentals, expectations of a strategic partner being inducted vis-à-vis the fact that ... More

Vimta Lab: Betting on clinical reference
The counter of Vimta Labs has seen almost a 26-per cent appreciation month on month, on the BSE with the stock ending at Rs 198.25 at the bourse on Friday. The counter has gained around 4 per cent plus over the past week. Marketmen maintain ... More

Coffee output likely to exceed 2.74 lakh tonnes
Clear picture in Nov; `export target will be achieved' More

Rainfall figures slip back into negative territory
Deficient in 10 meteorological sub-divisions More


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