Business Daily from THE HINDU group of publications
Friday, February 23, 2007
Commodities (Feb 22)
Gold (per gram) Rs903
Silver (per gram) Rs22.35
Brent crude (per bbl) Rs2,619
Markets (Feb 22)
BSE Sensex14021.31(-167.18)
S&P CNX Nifty4040 (-56.20)
US Dollar (Buy/Sell)44.29 (+0.07)

Cross Currency


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Unveil your dream budget
Business Line invites you to tell the Finance Minister your budget expectations. Send in your budget wish list to and explain why you want them included. Attach your digital photograph, which may get published. Do include your brief profile.

Morgan Stanley, JM Financial part ways
All our options are open on new tie-up, says JM Financial More

Govt invites bids for its residual Maruti stake
The Government will be accepting bids in March for its residual stake in Maruti Udyog Ltd. The stake is valued at approximately Rs 2,610 crore. Mutual funds, State-run financial institutions and banks must submit initial offers for the 10.27 per ... More

Chip fabrication companies to get fiscal incentives
Up to 25% rebate on capex; govt equity participation More

`No nationwide raids on stockbrokers'
The Income-Tax Department on Thursday conducted "localised" searches in Pune, Mumbai and Kochi and maintained that there was not an "iota of truth" in claims that nationwide searches were being conducted on stockbrokers and other stock market ... More

Why consumer goods prices have been under check for three years
Stiff competition, new players & depressed demand cited as reasons More

New players, competition keep consumer goods prices under check
Price hikes may not be across the board this year More

BSNL targets $20 billion revenue in 3 years
Even as private telecom operators are making big bucks, State-owned telecom company Bharat Sanchar Nigam Ltd is not too far either. BSNL is eyeing a turnover of $20 billion over the next three years at an annual growth rate of 27 per cent, ... More

Agri-commodity futures facing political heat
The policymakers failed to think through issues logically and perhaps were carried away by internal and external pressure to open up markets, without paying attention to structural issues of the country's farm sector More

Rlys to modernise stations on public-pvt partnership basis
To invite financial bids from global design cos for consultancy service More

Kotak AMC joins hands with T. Rowe for global fund
To file offer document with SEBI within 2 weeks More

Bank, auto & pharma stocks lead the day's fall
It was yet another day of blood on the street, with both the bellwether indices ending deep in the red. The sensitive index, after trading sideways for most part of the day, pared gains to close with a loss of about 168 points. Though the Sensex ... More

2nd round of winter rains for North from weekend
North India and parts of northwest India are poised to get a second round of winter rains from this weekend. This will happen with the expected arrival of an `active' western disturbance, though not big in size as the one that walloped the ... More

At the margin of economic boom
There is a growing chorus against the viability of Indian agriculture. A checklist of concerns and a wish-list for Budget 2007... More

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