Business Daily from THE HINDU group of publications
Wednesday, December 06, 2006
Commodities (Dec 05 at close)
Gold (per gram) Rs877
Silver (per gram) Rs22.55
Brent crude (per bbl) Rs2,834
Markets (Dec 5)
BSE Sensex13937.65(+63.32)
S&P CNX Nifty4015.75 (+14.75)
US Dollar (Buy/Sell)44.56 (-0.15)

Cross Currency


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Investors move away from small savings
Gross collections dip 11.3 pc in April-August More

Tata Power to make Defence products
Tata Power has received seven licences from the Government for manufacturing electronic systems and products for defence services. According to the company, the licences would enable Tata Power to be the prime contractor to the Ministry of ... More

Rural business hubs will get adequate funding: PM
Calls for investments to develop infrastructure in villages More

Sensex crosses 14k intra-day
The BSE Sensex kissed the 14,000-mark intra-day before closing at 13,957.65 points, up 0.46 per cent, on strong FII inflows. The Sensex opened at 14,028.47 points as Reliance Industries was traded at a high of Rs 1,350 in the morning session, ... More

Sensex story: From 13K to 14K in 26 sessions
Banking, capital goods, IT outperform the index More

Rig deployment delay at Reliance gas field; `back-up ready'
Back-up plan on track More

Large retail: Average consumer spend doubles in last 2 years
But supply chain is yet to match demand More

Banks cut back lending to realty, retail sectors
`Rejig of portfolio will not impact credit expansion' More

Car insurance premiums poised for sizeable drop
Insurers gear up for free price regime from January More

Work begins at Dell facility near Chennai
To start shipping products from June next More

TRAI proposes `carbon credits' for telcos
To promote `green' infrastructure More

FDI in education: Demand may go up for NRI teachers
With FDI in education looming large over the campus scene in the country, it may be the turn of NRI "gurus" to start queuing up for their "return" tickets. "Like engineers, scientists and doctors, we will see a large number of expat Indian ... More

Indian cos get more to buy property abroad
Indian companies with overseas offices can now remit more funds for acquiring immovable property outside India for business and residential purposes. For the initial expenses, banks may allow remittance up to 15 per cent of the average annual ... More

Govt mulls 74 pc FDI in some aviation segments
New policy awaited to decide on foreign airlines' stake More

Taxiing delays taxing airlines
Virgin Atlantic towing aircraft to take-off areas to save on fuel More

Maruti watched for fundamentals
The Rs 5-face value Maruti Udyog stock, which dipped 1.23 per cent on Tuesday to close at Rs 949.85, is being watched for what some analysts say are purely fundamental reasons. These include a clutch of new products in the works and higher sales ... More

Booming retail sector: Toys industry sees ripple effect
The growth in the industry can be attributed to the increasing visibility for toys at retail outlets. More

Ban on pulses export can only be prospective: SC
Upholds HC orders permitting shipments by 2 firms More

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