Business Daily from THE HINDU group of publications
Thursday, December 07, 2006
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Commodities (Dec 06)
Gold (per gram) Rs866
Silver (per gram) Rs22.00
Brent crude (per bbl) Rs2,825
Markets (Dec 6)
BSE Sensex13949 (+11.35)
S&P CNX Nifty4015.95 (+0.20)
US Dollar (Buy/Sell)44.71 (+0.07)


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Cisco to locate unit in Chennai
India key to its global growth strategy; plan to triple manpower to 6,000 More

Advisory services banned in commodity derivatives
FMC has not formulated guidelines for portfolio services More

IPO: Idea hopes to raise Rs 2,500 cr
Aditya Birla Group Company Idea Cellular has approached market regulator SEBI for clearance of an initial public offering, hoping to mop up an estimated Rs 2,500 crore. The company is likely to offload about 10 per cent equity through the IPO and ... More

EPF trustees to decide on interest rate today
It's likely to be reduced to 8% More

IndianOil losing extra Rs 8 cr a day on fuel price cut
State-owned oil marketing company Indian Oil Corporation Ltd (IndianOil) said on Wednesday that it was facing an extra burden of Rs 8 crore per day due to recent fuel price cut. "We are losing an additional Rs 8 crore a day on sale of petroleum ... More

Sugar mills' move to delay crushing hits UP growers
Jaggery units gain on desperate sales at Rs 80-90/quintal More

Target $200-b software exports by 2010: Kalam
Make available bandwidth to bridge digital divide More

Skill City in talks with Karnataka Govt
The facility is expected to be as big as "Infosys' campus" More

`Insurance is long-term savings'
Chidambaram for push to reforms More

Mutual funds asset base swells 10% in November
Buoyant market prompted equity funds to look up More

Funds see no redemptions
`Maturity of the industry, investors being seen at these levels' More

Cement stocks: Price hike hopes
The continued uptrend in cement prices coupled with expectations of yet another price hike has been driving interest in cement counters on the bourses. Analysts also talk of a lot of M&A activity in this sector, which is expected to provide ... More

`Buy' reports buoy Nestle
In an otherwise weak market, the stock of Nestle Ltd ended the day 1.05 per cent higher at Rs 1136.75 on the BSE on Wednesday. Marketmen attribute the interest in part to a number of brokerages coming out with `buy' report on the stock. While ... More

Opinions vary on likely strength of Bay system
While there is no doubting that the north-east monsoon is poised to revive by the weekend, opinions now vary on the likely strength, the causative circulation would gather in the Bay of Bengal. The US Navy's Fleet Numerical Numerology and ... More


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