Business Daily from THE HINDU group of publications
Wednesday, September 27, 2006
Commodities (Sept 26)
Gold (per gram) Rs834
Silver (per gram) Rs18.85
Brent crude (per bbl) Rs2,792
Markets (September 26)
BSE Sensex12321.19(+147.28)
S&P CNX Nifty3571.75(+48.30)
US Dollar (Buy/Sell)45.93

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Maharashtra to go slow on land takeover for SEZs
Govt keen on balancing farmers' interest, industrial development More

Orissa inks MoUs for 10 thermal power plants
Investment of Rs 45,000 cr to produce 10,920 MW on anvil More

NRI remittances: Banks told to cut charges
Banks should bring down the cost of NRI remittances by trimming their charges, says a report of a working group constituted by the RBI. "Banks should review their existing scale of charges both at the foreign end and in the domestic centres," ... More

TRAI proposes hybrid model for allocating 3G spectrum
Operators will have to go through selection process More

UWB seeks RBI clarification
The United Western Bank's board, which met on Tuesday, will submit its suggestions on the draft scheme of amalgamation with IDBI Ltd to the Reserve Bank of India, according to a BSE notice. While the bank officials declined to comment, sources ... More

RBI may extend Basel II deadline: Leeladhar
The Reserve Bank of India could relax the deadline for banks to comply with Basel II norms, expected to be finalised in a couple of weeks, according to Mr V. Leeladhar, Deputy Governor, RBI. Speaking at the sidelines of a seminar organised by ... More

LIC micro-insurance scheme for the poor
Launch by Kalam on Sept 28 More

Mobile players back move to revoke Press Note 5
Ready to accept FDI cap at earlier 49 pc More

Nasscom plans tougher laws for data protection in BPOs
Self-regulatory organisation ready for roll-out More

Non-AC train coaches may be phased out
Railways looks to increase the train lengths More

Banking, auto, software stocks fuel rally

Cement stocks: Betting on Q2 nos
With Q2 results round the corner, the market appears to be reinforcing its interest in the cement sector. Analysts continue to remain bullish on the sector and aver that rising cement prices through FY07 and most of FY08 will result in robust ... More

PVR Cinema ends marginally weak
News of the company receiving a five-year entertainment tax exemption, for two of its properties (at Indore and Mulund, Mumbai) is being viewed as but one in a line of positive triggers that can impact earnings growth of the multiplex operator, ... More

Rubber prices may dip to Rs 70-75 level
Fall in line with global trend; futures signal decline More

Brewing `low' in Bay bears watching
Jharkhand, Orissa to experience rainfall More

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