Business Daily from THE HINDU group of publications
Friday, November 17, 2006
Commodities (Nov 16 at close)
Gold (per gram) Rs858
Silver (per gram) Rs21.05
Brent crude (per bbl) Rs2,696
Markets (Nov 16)
BSE Sensex13505.89(+36.52)
S&P CNX Nifty3876.85 (+0.55)
US Dollar (Buy/Sell)45.04 (-0.19)

Cross Currency


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51 pc public holding norm set for stock exchanges
SEBI notifies demutualisation schemes, issues guidelines More

Holcim hikes stake in Gujarat Ambuja Cements to 18.4 pc
Pays Rs 685 cr for 50 m shares in two block deals More

Tata car project: Land acquisition in Singur nearing completion
Payments made for 550 acres, to pay for rest by month-end More

Jet gets nod to operate US flights
After a wait of almost 20 months, Jet Airways has received clearance to launch flights to the US. The airline has been given "economic authority" by the US Department of Transport to operate regular flights to the US. Jet Airways will now ... More

Sterlite to set up 2,400-MW power project
Sterlite Industries India Ltd is expanding its business canvas from metals and mining to the power sector. The company will be foraying into commercial energy business by setting up a 2,400 MW green field power plant in Jharsuguda, Orissa, ... More

Cabinet okays signing of investment pact with China
This would send positive signals on the occasion of Hu's visit More

Banks post strong earnings growth in second quarter
Higher yield on advances, fall in bond yields appear to be key factors More

No lock-in period for NRIs' sale proceeds
The RBI has dispensed with the lock-in period for remittance of sale proceeds of immovable property of NRIs or Persons of Indian Origin from their Non-Resident Ordinary (NRO) accounts in India. The remittance of such sale proceeds was subject to ... More

Proactive interventions - a new concept to reduce staff exits
Client-specific models charted out to address attrition More

Security helpdesk calls on the rise
With increasing number of cases of virus attacks, phishing scams, identity theft, hacking and such activities occurring, more number of IT decision makers are using security-related helpdesk calls. A global survey on information technology ... More

Finolex Ind: on accumulation mode
Accumulation is currently on in Finolex Industries' counter by some domestic and foreign institutional investors, according to market sources. Market talk suggests that trigger for the recent interest is manifold — operational growth at ... More

Easterlies' impact felt on coastal TN
Easterly waves in the South have flourished in tandem with the varying moods of the moisture-rich global band of `low' in the Inter Tropical Convergence Zone. The waves carry most of their weather in front, and satellite imageries reveal that ... More

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