Business Daily from THE HINDU group of publications
Monday, October 23, 2006
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Commodities (Oct 20)
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BSE Sensex12709.40 (-14.19)
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States delay passing on funds to power utilities
Utilities unable to implement reform processes More

Tata Steel UK offers loan note option for Corus shareholders
Proposed to bear interest rate of 1 pc below Libor More

BNP Paribas picks 33.35% stake in Geojit for Rs 207 crore
The French banking group BNP Paribas has picked up 33.35 per cent equity stake in the Kerala-based retail broking firm Geojit Financial Services for Rs 207 crore. The board of directors of Geojit on Sunday decided to issue, on a preferential ... More

Rural surfers find more uses for IT than agri-business
The official perception is IT kiosks in the rural areas would be used for gathering price intelligence or land records and such mundane aspects of rural life. Now, a pilot survey of rural usage in Maharashtra and Uttar Pradesh using a new ... More

Rain belt wobble along Kerala, south TN latitude
The inter tropical convergence zone (ITCZ) of the equatorial band of low-pressure and convective cloudiness is constantly shifting positions within a narrow band along the Kerala and south Tamil Nadu latitudes, producing locally excessive ... More

Focus may be on mid-cap space
Further reform needed to take the market upwards More

Index Outlook
As members of the Indian corporate sector vied with each other in out-dazzling investors with spectacular numbers, the markets looked almost bored. It was perhaps the festive atmosphere in the country that made concentrating on mundane money ... More

Exchanges warned on circular trades in illiquid counters
`Penal action against those involved' More


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