Business Daily from THE HINDU group of publications
Tuesday, December 12, 2006
Commodities (Dec 11 at close)
Gold (per gram) Rs857
Silver (per gram) Rs22.10
Brent crude (per bbl) Rs2,784
Markets (Dec 11)
BSE Sensex13399.43 (-400.06)
S&P CNX Nifty3849.50 (-112.50)
US Dollar (Buy/Sell)44.87 (+0.13)

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Tata Steel, CSN battle it out for Corus control
CSN unveils 515 pence bid, tops Tatas' revised price of 500 pence More

Sensex crashes 400 on CRR hike impact
All leading companies trade in negative zone More

L&T wins Rs 5,400-cr Delhi airport modernisation deal
L&T has won the Rs 5,400-crore Delhi airport modernisation contract. The company said that the order, secured against international competitive bidding, involves design and construction of a passenger terminal and a 4.43-km runway, which would be More

PFC defers financial bids opening for ultra mega projects
May be opened on Dec 18; deadline unchanged More

Fertiliser subsidy dues top Rs 10,000 crore
K.K. Birla cos among those hit; fiscal arrears seen at Rs 12,000 cr More

Bank of India buys 76 pc stake in Indonesian bank
Bank of India today acquired majority 76 per cent stake in Indonesian bank, P T Bank Swadesi Tbk, said a press release from Bank of India. This is the first overseas acquisition for Bank of India, which has a representative office in Indonesia ... More

Infosys keeps $3-b revenue forecast
Shrugs off US slowdown fears; open to more buys More

Adobe to enter mobile market next year
The company is in talks with Indian cellular operators for bringing more zing into their Value Added Services (VAS), said Mr Naresh Chand Gupta, Managing Director - R&D, Adobe Systems India. While the number of subscribers being added is ... More

Banking, metal stocks take heavy beating in bear market

SEBI suspends Reliance broking arm for 4 months
Found guilty of violations such as `artificial pricing of trades' More

ICI turns active on global cues
Shares of ICI Ltd have been gaining steadily on the bourses with occasional spike in volumes of late. The stock gained close to 17 per cent month-on-month. It opened on a strong note at Rs 419 on Monday against Friday's close of Rs 407.75, but ... More

AB Nuvo betting on Idea IPO
The stock of Aditya Birla Nuvo has been rising sharply in recent times accompanied by improved volumes. Even when the benchmark indices showed sign of nervousness, the stock gained 17.5 per cent in the last one month. However, in line with ... More

Cold wave likely in North
Prevailing winds over the wheat-growing plains of north-west India are forecast to turn northerly to north-westerly from Tuesday, triggering cold wave conditions in the region. The India Meteorological Department has even mounted a ground ... More

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