Business Daily from THE HINDU group of publications
Tuesday, November 07, 2006
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Commodities (Nov 06 at close)
Gold (per gram) Rs859
Silver (per gram) Rs20.40
Brent crude (per bbl) Rs2,632
Markets (Nov 6)
BSE Sensex13186.89(+56.10)
S&P CNX Nifty3809.25 (+3.90)
US Dollar (Buy/Sell)44.91 (+0.05)


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Explore offshore wind farms along coastline: Kalam
Favours autonomous wind generating units in islands More

Chidambaram wants faster deposit growth
Banks told to rebalance loan portfolios More

Help is on the way for filing of returns
Chidambaram launches tax return preparers scheme More

Dunlop stops production in Chennai
Management finds power bill `unreasonable'; issue to be resolved soon More

Govt studying impact of global crude price fall
Need to have a look at possible revenue loss to retailing cos: Deora More

Govt asks banks to rebalance credit portfolio
Ministry insists on increasing exposure to physical infrastructure sector More

Mustard area giving way to chana, wheat
Higher market prices dictate sowing trend. More

Port constraints inflate freight bills of oil cos
Draft limitations, berthing delays causing major concern More

Suzlon Energy unveils major expansion
To spend Rs 1,500 cr in the next 2 years More

NatSteel to expand capacity
Demand for finished steel products likely to grow More

TRAI wants DoT to check MTNL's Net TV validity
`Only operators with unified access service licence can offer service' More

Hexaware buys US co for Rs 154 cr
Hexaware Technologies said will acquire 100 per cent stake in FocusFrame, a US-based testing consulting firm, in an all cash deal for $34.3 million (Rs 154 crore). The acquisition is likely to be completed within six weeks, said a statement ... More

FMCG, metals shine as Sensex scales another peak
The markets began the week on a positive note, buoyed by buying interest in the FMCG and metals sector. The Sensex rose to its new high led by index heavyweights such as Reliance and Hindustan Lever. Action in mid-cap and small-cap stocks ... More

Kalyani Steel turns attractive
The Kalyani Steel stock gained sharply 23.8 per cent week-on-week and 58.15 per cent month-on-month. Ever since Tata Steel announced its intention to buyout Corus Steel, Kalyani Steel turned active on the bourses. The stock, however, closed lower ... More

Colgate shines on bonus hopes
The stock of Colgate Palmolive has been witnessing sudden spurt in price and trading volumes of late, despite the company reporting a drop in net profit for the second quarter ended September 30, 2006. The stock has gained 9.8 per cent ... More

Easterly waves sustain rainfall in peninsula
Passing easterly waves continue to generate intermittent rainfall over the southern peninsula and indications are that this would be the broad weather pattern as the northeast monsoon progresses. This is in line with the "long-range" ... More


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Tata Steel will continue to look for acquisitions


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