Business Daily from THE HINDU group of publications
Tuesday, December 05, 2006
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Commodities (Dec 04 at close)
Gold (per gram) Rs877
Silver (per gram) Rs22.50
Brent crude (per bbl) Rs2,889
Markets (Dec 4)
BSE Sensex13874.33(+29.55)
S&P CNX Nifty4001 (+3.40)
US Dollar (Buy/Sell)44.64 (-0.09)


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Four commodity futures traders suspended
Regulator warns three others for committing serious violations More

East Asia a market for legal outsourcing
With companies from non-English speaking countries such as South Korea, China, and Japan requiring to file patents in the US and European courts to expand business opportunities, legal process outsourcing companies (LPOs) here have set their eyes ... More

`Review stand on liability cover for transporters'
Liability cover on transporters on lost, damaged goods More

Panel moots formula for gas price valuation
Govt share at market-determined rates; user to get gas at negotiated price More

India, Unilever's top emerging market
Company lost some of its aggression: CEO More

NTPC plans power auctions from four new `merchant plants'
To consumers ready to shell out the highest tariffs for designated `power blocks' More

FII inflows highest in November for 2006
Mutual funds turn net sellers to the tune of Rs 24 cr More

Protests intensify
BEARING THE BRUNT: A Tata Motors showroom that was vandalised by Revolutionary Students Front (RSF) activists in Kolkata on Monday. The RSF also put up posters opposing acquisition of farmland for the Tata project at Singur, the police said. ... More

Will India feel the ripple of a US slowdown?
The economic performance of the US in the third quarter would definitely be worrying for developing economies and industries dependent on the world's No 1 economy. The third quarter GDP growth expectations were at an optimistic level of 2.1 per ... More

US for mutual solution to shrimp dumping duty row
Offers to conduct analysis on shipments from India More

Fossil in 50:50 joint venture with Rajesh Exports
To manufacture, market brands in India More

IBM to double India headcount to 1 lakh
Co has been adding 1,000 a month in the past few quarters More

Red Hat partners with Satyam
Open source software company Red Hat today announced strategic partnership with IT services provider Satyam Computer Services Ltd that would pave the way for a Centre of Excellence (COE) and Open Source Lab in Bangalore for developing business ... More

Is there a need to review tax benefits for mergers?
It will be useful to review whether Section 72A should be expanded: Expert More

Sensex meanders sideways, closes with marginal gains
Equity markets started the week in tentative fashion. Though there was no great sell-off, the Sensex struggled to rise above the 13,900 level. It moved sideways in a 50-point band before ending with a marginal gain of 29.55 points. The Nifty, ... More

Hero Honda: New moves unwelcome?
The stock of Hero Honda slipped 0.8 per cent in a flat market despite its recent launch of new versions of the CD Dawn and CD Deluxe motorcycle models. According to broking sources, though the new launches could drive up its sales growth, they ... More

Sugar stocks shine
Sugar stocks such as Balrampur Chini and Bajaj Hindustan witnessed frenzied buying on Monday, with most of them hitting the upper circuit on hopes that the Centre may soon lift the ban on sugar exports. This is in the wake of drop in wholesale ... More

`Best weather' brewing for crops in TN, northern plains
Standing crops in the plains of North India and Tamil Nadu in the South could not possibly have asked for better weather than what is forecast to evolve during the rest of the week and into the next. "Just what the weatherman ordered" is how ... More


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