Business Daily from THE HINDU group of publications
Tuesday, October 31, 2006
Commodities (Oct 30 at open)
Gold (per gram) Rs832
Silver (per gram) Rs19.80
Brent crude (per bbl) Rs2,761
Markets (Oct 30)
BSE Sensex13024.26(+117.45)
S&P CNX Nifty3769.10 (+29.75)
US Dollar (Buy/Sell)45.07 (-0.22)

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Sensex at new high, tops 13,000
Rally not broad-based; small, mid-cap stocks lagging More

`Market likely to gain more in strength'
Foreign institutional investors strike a note of caution More

`Stay invested, but with parachutes'
The new peak More

Tata Motors Q2 net up 31%
Net income from operations rises 37 pc More

Wheat MSP hiked by Rs 100
The Centre has fixed the minimum support price (MSP) of the current year's wheat crop, to be procured from April next, at Rs 750 per quintal. This is Rs 100 more than the Rs 650-per quintal price set for 2005-06. For the last year's crop, the ... More

Shut mobile networks to check cheating, rigging
What does one do to prevent rigging in elections and mass copying during exams? Various State Government authorities seem to think that shutting down mobile services will do the trick. During the last week, cellular operators have received ... More

Tata Steel Q2 net rises to Rs 1,101 cr
Despite softening steel prices, spiralling raw materials cost More

RBI rate hike a given
The economy, consumer and business can clearly withstand a rate hike and the Governor will inevitably take the cue. More

ITC net profit grows 18.7%
Foods, agri-biz, hotels drive growth in second quarter More

PNB posts 20-pc rise in PAT; deposit costs down
Hike in PLR has helped improve profitability More

Credit demand strong in Q2, says RBI
`Upward pressure on inflation' More

Forex loss, tax charge dent MphasiS BFL net
The MphasiS BFL Group has reported a 54 per cent rise in consolidated net profit at Rs 23.4 crore for the quarter-ended September compared to Rs 15.2 crore in previous quarter. Consolidated revenues grew 12 per cent to Rs 291.9 crore compared ... More

Reliance Comm posts Rs 702-cr net in Q2
Revenues for the quarter grew 40 pc More

Empire Ind betting on real-estate
Empire Industries has been hitting upper circuits continuously on the bourses as Dalal Street talked about further developments towards realising its real estate plans. The stock has gained 152 per cent in the last one month. But traded volume ... More

Raunaq Auto: Steady accumulation
Raunaq Automotive is being considered as a counter for slow but steady accumulation. According to market sources, a section of domestic investors are picking up the auto component stock in view of sectoral growth and its relatively lower ... More

Ogni slams into Andhra coast
Sunday's deep depression progressively churned to the status of a cyclone with a name by late into the night and crossed the Andhra Pradesh coast by Monday noon. The first of the season, Tropical Cyclone Ogni did not manage to foray much ... More

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