Business Daily from THE HINDU group of publications
Thursday, November 30, 2006
Commodities (Nov 29)
Gold (per gram) Rs871
Silver (per gram) Rs22.00
Brent crude (per bbl) Rs2,738
Markets (Nov 29)
BSE Sensex13616.73(+14.78)
S&P CNX Nifty3928.20 (+6.45)
US Dollar (Buy/Sell)44.74 (-0.06)

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Volkswagen to launch small car
`Specifically tailored to the needs of the Indian market' More

Indian, AI merger may get income-tax relief
Group of Ministers raises questions on way forward More

TCS cuts annual vacation days to 16 for India-based staff
Company says move to align with international practices More

Ascendas may set up Rs 500-cr bio-IT park in Chennai
Project to include STPI, State Govt in public-pvt partnership More

Petrol, diesel prices cut
Relief to consumers; but margins of oil marketing cos may take a hit More

Price cut may ease inflation: Chidambaram
The Finance Minister, Mr P. Chidambaram, on Wednesday said that the Government's decision to cut petrol and diesel prices would to some extent help ease inflation in the coming days. "It should help in easing (inflation) to some extent, but it ... More

Banks shift gear, move to long-dated securities
Softening trend in yields on the back of rising liquidity More

Kotak Bank plans overseas expansion
May raise Rs 300 crore as Tier II capital More

ICICI Bank in talks with ISPs on hiring format
In a bid to control recruitment costs and raise productivity of its HR personnel, ICICI Bank is in talks with Internet service providers such as Reliance Infocomm for providing interview cubicles with audio-visual recording and tele-conferencing ... More

`Product development space hotting up'
Major services firms eyeing specialist vendors, says Forrester More

Dollar-commodity linkage turning tenuous
Correlations strongest for base metals, precious metals More

ACC at high on FII limit hike talk
Speculation that ACC is looking to enhance its FII limit spiked interest in the company's stock on the bourses on Wednesday. While there has been no official notification, the market buzz propelled the counter to hit a new 52-week high, ... More

Siemens turns weak on `downgrade'
The stock of Siemens has lost almost 15 per cent week-on-week, ending the day today at Rs 1,136.75 on the BSE. Margin pressure, dismal performance by Siemens Information Systems and the divestment of Siemens Public Communication have led many ... More

Indian Hume Pipe in real estate?
Indian Hume Pipe, which has used up only a fraction of its surplus properties for real estate development, is rumoured to have drawn up a development plan for unutilised properties at several metro locations. Market sources put a total value ... More

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