Business Daily from THE HINDU group of publications
Saturday, November 11, 2006
Commodities (Nov 09 at close)
Gold (per gram) Rs843
Silver (per gram) Rs20.25
Brent crude (per bbl) Rs2,651
Markets (Nov 10)
BSE Sensex13282.91(+145.42)
S&P CNX Nifty3834.75 (+38.35)
US Dollar (Buy/Sell)44.73 (+0.02)

Cross Currency


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Indian Hotels to pay $170 m for Ritz-Carlton of Boston
Group's second US property will function as Taj Boston from January 11 More

Panel asked to submit report on drug pricing by month-end
Committee's suggestions not binding in any way, say Govt sources More

Industrial production rises 11.4 pc in Sept
Growth propelled by manufacturing, power generation and mining More

Grasim plans cement plant in Orissa
Grasim Industries said it plans to set up a 3.5 million tonnes-per-annum (mtpa) integrated cement plant in Orissa for Rs 1,200 crore. The project includes a 50 MW captive power plant. The plant is expected to be commissioned in three years, ... More

IOC yet to decide on stake in Indonesia's Tuban Petro
Decision likely to be taken in the next 15-20 days More

Global car designers eyeing India
`It is 50 pc cheaper here' More

Now, NRI researchers heading home
Opportunities opening up in pharma sector More

Tata Motors' Rs 1 lakh car may cost more
Inflation, rising raw material costs More

4 sugar mills issued show-cause notice for excess sales
The Centre has issued show-cause to four mills in western Uttar Pradesh (UP) that have been found to have sold sugar in excess of the free sale quotas (FSQ) allocated to them. "We have sent show-cause to four mills and they have been given ... More

Tata Precision eyes aerospace sector for biz
Tata Precision Industries Ltd, based in Singapore, plans to make components for the aerospace industry. The company is into precision machining, tool design and manufacturing, plastic injection moulding and fine blanking and supplies parts to ... More

`Overseas centres must for knowledge service cos'
Need to address new markets, says Ernst & Young More

Pay for your air ticket via TV

Capital rejig - To look attractive!
Public sector banks hoping to go public have to clean up their books and reduce their bloated equity base. The likes of Indian Bank, Central Bank of India, United Bank of India and Punjab & Sind Bank are in the process of doing just that. They .. More

India dynamic in commercial services, says WTO
India's ranking further improves if the 25-member EU is taken as one entity More

BEL: Betting on order position
The Rs 10-face value BEL stock dipped 1.4 per cent to close at Rs 1,101.90 on the NSE, a decline that is prompting analysts to refer to the company's modest performance in Q2, which is marked by only a marginal increase in net revenues. Its ... More

Eveready Ind: Cost pressure?
Analysts expect Eveready Industries to get more attention following an update issued by the company on a price revision. Prices of zinc, which is a major raw material for the battery manufacturer, have been moving upwards for some months, it has ... More

Invest in gold through funds on bourses
Investors will soon be able to invest in gold through the Gold Exchange Traded Funds (GETFs). With the much-awaited amendment of the SEBI custodian regulations through, the launch of GETFs has taken off, said Mr Bhargav Vaidya of B.N. Vaidya & . More

El Nino may hit monsoon next year
Latest indications that El Nino conditions are intensifying and may likely continue through April-June 2007 are likely to cast a spell over next year's (2007) Indian monsoon. Expectations were that the nascent El Nino would die out early next ... More

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