Business Daily from THE HINDU group of publications
Thursday, November 02, 2006
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Commodities (Nov 01 at close)
Gold (per gram) Rs835
Silver (per gram) Rs20.10
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Markets (Nov 1)
BSE Sensex13033.04(+71.14)
S&P CNX Nifty3767.05 (+22.95)
US Dollar (Buy/Sell)44.88 (-0.19)


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Reliance to double KG Basin gas output
Rs 23,293-cr investment plan to develop fields More

`Some credit growth is okay'
Reddy for deposit-credit balance More

Direct tax collections continue to be buoyant
38 pc growth in April 1-Oct 28 period More

Now, Indian train drivers in demand abroad
S. African railway Spoornet to hire drivers, buy locos More

Traders' bandh turns violent
Loss to exchequer estimated at Rs 150-200 cr More

Indian public adds Rs 42,000 cr in 13K rally
The amount - Rs 42,000 crore - is as good as the entire market cap of Hindustan Lever on January 1. But that is the value accruing to the Indian public between the beginning of the year and October 30, when the Sensex crossed the ... More

Ministries slug it out over sugar exports
Finance Ministry wants ban to stay, fears impact on local prices More

Tata Tea net rises 92%
Helped by higher branded tea sales, one-time gains More

TCS sets up innovation lab for travel solutions
Tata Consultancy Services (TCS) has set up an innovation lab for travel and hospitality solutions at Karapakkam on Old Mahabalipuram Road, Chennai. Mr Paul Coby, Chief Information Officer, British Airways, who inaugurated the lab, told ... More

VisualSoft board okays 8:5 swap ratio for merger into Megasoft
VisualSoft Q2 revenue nosedives More

Sovereignty is more important than foreign fund flows
India needs to develop a global strategy encompassing investments and politics. It is time the government looked at security, foreign flows and foreign affairs in an integral fashion and constituted inter-ministerial groupings. Perhaps, experts could develop a geo-strategic approach to our investments abroad and at home, says R. VAIDYANATHAN. More

Festive season accelerates car sales
Helped by increased demand during the festive season, almost all car manufacturers recorded a double-digit growth in sales during October. Maruti Udyog Ltd reported an 11.10 per cent increase in domestic sales at 55,894 vehicles during October ... More

IVRCL gains on arm listing?
The unlocking of value in IVRCL's wholly owned realty company, IVR Prime Urban, is reportedly one of the main reasons behind the company's stock gaining ground on the bourses. Market talk has it that IVRCL is looking to list its realty venture. ... More

Bombay Rayon up on retail foray talk
Rumours of Bombay Rayon actively looking to enter the retail format (a la Raymond style) has been driving interest in the company's stock in the recent past. The stock, which has appreciated by 31 per cent month on month, has witnessed a ... More

Another easterly wave approaching TN coast
The Tamil Nadu coast is set to receive another easterly wave in two days, which is expected to trigger a fresh rains. The system will start impacting the coast latest by Friday, according to Dr K.J. Ramesh of the Department of Science and ... More


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