Business Daily from THE HINDU group of publications
Friday, September 22, 2006
Commodities (Sept 21 at close)
Gold (per gram) Rs815
Silver (per gram) Rs18.20
Brent crude (per bbl) Rs2,788
Markets (September 21)
BSE Sensex12274.27(+165.13)
S&P CNX Nifty3553.05(+50.25)
US Dollar (Buy/Sell)45.86(-0.26)

Cross Currency


Group Sites


1 lakh rural computer kiosks planned
Of Rs 5,742 cr outlay, pvt sector to contribute Rs 4,093 cr More

Sensex surges on upbeat sentiment
The Sensex touched its highest level since May 12 as it gained for the second consecutive day on the back of news that the US Fed Reserve had decided to keep the interest rates steady at 5.25 per cent. The markets also took a cue from positive ... More

IDBI board approves UWB merger proposal
The board of IDBI Ltd at its meeting held on Thursday considered the provisions of the draft scheme of amalgamation of the United Western Bank of India (UWB) with IDBI Ltd, said Mr V.P. Shetty, Chairman and Managing Director. Sources in IDBI, ... More

MFL holds Govt responsible for losses
Iran promoter refuses to infuse funds More

Fire at Tata Motors' Pune unit
A fire broke out at the paint shop of Tata Motors here early on Thursday morning. The plant manufactures the Indica, Indigo and Indigo Marina models. Tata Motors said in a statement that the cause of the fire and the extent of the damages ... More

Rlys to tap Net cafes, ATMs for ticket sales
IRCTC, Sify tie up for online booking with offline payment mechanism More

RBI sticks to inflation, growth estimates
Expects Centre's fiscal deficit to be within target More

Cotton exports may top 47 lakh bales next season
Imports may be unchanged around 4 lakh bales More

Affluent Indians to grow 12 pc by 2009: Survey
`International brands need to create products that understand Indian culture' More

IBM India opens fourth centre in Kolkata
Total workforce across country now numbers 43,000 More

KPOs eye big biz in real estate lease services for US cos
Market potential valued at $10 billion More

India may lose its cost arbitrage advantage to China
Annual salary growth rates in China are 7-9 pc compared to India's 10-15 pc More

FOMC signal, weak crude propel Sensex by 165 points

Syndicate Bank: PLR hike boosts
Large volumes marked trading in the stock of Syndicate Bank, which ended at Rs 74.10 on the BSE today. Total traded volume stood at 2,61,633 shares. A perception that the recently hiked PLR (in May and August this year) would serve to boost net ... More

El Forge up on strong fundamentals
Strong fundamentals appear to be driving interest in the stock of forgings company, El Forge. While the stock closed weak today at Rs 99.75 on the BSE, it has gained around 23 per cent week on week. The company, which is currently expanding ... More

Views vary on course of Arabian Sea storm
Depression evolves over Bay of Bengal More

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