Business Daily from THE HINDU group of publications
Saturday, February 10, 2007
Commodities (Feb 09)
Gold (per gram) Rs875
Silver (per gram) Rs21.80
Brent crude (per bbl) Rs2,601
Markets (Feb 9)
BSE Sensex14538.90 (-113.19)
S&P CNX Nifty4187.40 (-36)
US Dollar (Buy/Sell)44.15 (+0.01)

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Inflation rate touches 6.58%
Highest level in over two years More

Sensex loses 113 points; bonds, rupee impacted by inflation
Shares, bonds and the rupee were impacted by the higher-than-expected inflation figures, which were released on Friday. The benchmark Sensex, which remained fairly strong during the week, lost 113.19 points on Friday after hitting the all-time ... More

Hutch bidding goes to the wire
The battle for acquiring Hutchison Essar continued till late on Friday night, with Vodafone, Reliance Communications and the Hindujas putting in their bids at the last moment, and all the prospective bidders keeping their cards close to the chest ... More

Suzlon Energy bids for Germany's REpower
Counter offer exceeds Areva's earlier bid by 20% More

Global players eye pvt jet market in India
Corporate India emerges biggest buyer of jets More

Outdated curriculum worries IT, BPOs
`Indian cos spend more on training' More

ONGC, Gazprom agree to jointly explore oil & gas fields
Ink pact to expand co-operation in hydrocarbon sector More

With higher interest rates, banks ask FD investors to look at SIPs
Move to help boost their fee-based income More

PM tells IT sector to target $80 b exports
The Indian information technology industry should be looking at an export target of $80 billion by 2010, said the Prime Minister, Dr Manmohan Singh, addressing Nasscom's annual conference on Friday. This stretches Nasscom's own export target of ... More

Accenture to add about 8,000 employees in India
India, crown jewel of global delivery network: COO More

Rubber imports may touch new high
Tyre manufacturers find domestic prices `unreasonable' More

Corus vs Hutch: The inevitable comparison
The Tata-Corus deal happened at approximately 7.7 times EV (enterprise value) to EBITDA (earnings before interest, tax, depreciation and amortisation) and $770 per tonne capacity. Critics point out that the number matrices suggest a higher ... More

Biofuels to power wireless networks
Operators team up for pilot project in Pune More

Incoming westerly system features embedded `low'
The incoming `biggie' western disturbance now features an embedded `low' in what is considered a sure-fire indicator of a busy but brief wet session for Northwest India starting this weekend. An `active' system, the most potent among the three ... More

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