Business Daily from THE HINDU group of publications
Saturday, December 09, 2006
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Markets (Dec 8)
BSE Sensex13799.49 (-172.54)
S&P CNX Nifty3962 (-53.35)
US Dollar (Buy/Sell)44.74 (+0.03)


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REFLECTIONS
Hockey defeat by China worse than cricket drubbing in S. Africa
We have in our office a fine, little Parsi fellow by the name of Tariq Engineer, interested in sports, particularly cricket and golf, which he plays. Grandson of the well-known radio cricket commentator Balu Alaganan, he has cricket stories to ... More

DETAXFICATION
How an oil company milked super-profits
Purchase price Rs 3,245, and selling price Rs 10,887. What is the profit? Rs 7,642, or a 235 per cent mark-up. This are the numbers relating to a kilolitre of ATF or aviation turbine fuel, bought and sold by Indian Oil Corporation Ltd (IOC) from ... More

REASSESSMENT
All businessmen should file returns
The least the Government can do is to call upon businessmen to file returns so that they are not the arbiters of their own tax destiny. More

EAR TO THE GROUND
Bajaj Auto: Betting on new moves
Marketmen are closely tracking Bajaj Auto, which on Friday dipped 2.28 per cent on the NSE, because of the company's plan to enter higher segments of two-wheelers and deepen its penetration into areas that are growing rapidly. Some analysts ... More

Tata Tea turns active
Fundamental reasons drawing strength from the company's growth programme are seen to be driving the Tata Tea counter. The stock, which declined 0.87 per cent to close at Rs 749.75 on Monday on improved volumes, has seen a number of developments ... More

SENSOR
Oil, metal decline; power, 2nd rung IT stocks gain
Taking cues from the globalscenario, the domestic markets turned weak for the last trading day of the week. For the past few days, Sensex failed to close firmly past 14,000 points on account of profit booking at higher levels indicating a weak ... More






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