Business Daily from THE HINDU group of publications
Friday, November 24, 2006
Commodities (Nov 23)
Gold (per gram) Rs861
Silver (per gram) Rs21.10
Brent crude (per bbl) Rs2,657
Markets (Nov 23)
BSE Sensex13680.83(-25.70)
S&P CNX Nifty3945.45 (-9.30)
US Dollar (Buy/Sell)44.73 (-0.19)

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Delisting cos must pay fair exit value: SEBI
Regulator proposes doing away with book-building process More

Tata Steel may up bid for Corus
The battle for acquisition of Anglo-Dutch steel maker Corus is likely to see a fair bit of financial blood spilling, with the two rival suitors, Tata Steel and the Brazilian steel company CSN, gearing for a bidding match. Tata Steel board met ... More

Siemens Q4 net rises 31% on higher net sales
Power, automation & drives and industrial solutions businesses key growth drivers More

Siemens to divest stake in arm to Nokia
Siemens Ltd will divest its 100 per cent stake in subsidiary Siemens Public Communication Networks Pvt Ltd, to Nokia Siemens Networks India Pvt Ltd. The decision was taken by the board consequent to the announcement by Siemens AG (Germany) for ... More

Rlys serves special menu for diabetics, heart patients

Cairn raises Rs 3,700 cr ahead of IPO floatation
Petronas subsidiary picks up 10 pc of shares More

`Regional bourses must kick-start consolidation process'
To be in a better position to go public More

Cabinet approves IPOs of three power PSUs
The Cabinet Committee on Economic Affairs on Thursday approved initial public offerings of three State-owned power companies — Power Finance Corporation, Power Grid Corporation and Rural Electrification Corporation — through fresh ... More

Hu's `Panchsheel' to boost bilateral trade
On the concluding day of his four-day visit to India, the Chinese President Mr Hu Jintao scripted a `Panchsheel' to expand trade and economic co-operation between India and China. Stepping up bilateral trade, strengthening co-operation in key ... More

India ventures, big winners for foreign telcos

Telecom growth to continue: Fitch
Fitch Ratings has said that it expects India's telecom sector to sustain robust growth across market segments, underpinned by still-low teledensity, a strengthening economy and rising foreign interest. "While consolidation is an ongoing theme, ... More

Order cancellation hits Hind Const
Cancellation of around Rs 1,900-crore worth of hydro power project, has lent a negative note to market interest in the stock of Hindustan Construction Ltd (HCC). The stock has been trading flat over the past one week, ending at Rs 146.25 on ... More

Expansion buzz propels Dhanuka
Reports of Dhanuka Pesticides Ltd planning to expand its seeds business has lent momentum to the company's stock on the bourses. The stock ended the day at Rs 89.70, up 0.34 per cent, on the BSE. The company has a presence in soyabean, paddy, ... More

Howrah Bridge: Glowing with new radiance
The evening skyline in Kolkata came alive on Thursday evening when the 63-year-old Howrah Bridge, a structure synonymous with the identity of the city, was lit up by an array of multi-coloured electric lights, switched on by the West Bengal ... More

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