Financial Daily from THE HINDU group of publications
Wednesday, February 15, 2006
Commodities ( Feb 14 at close)
Gold (per gram) Rs730
Silver (per gram) Rs14.85
Brent crude (per bbl) Rs2633
Markets (Feb 14)
BSE Sensex10086.63(-86.62)
S&P CNX Nifty3017.55 (-23.60)
US Dollar (Buy/Sell)44.18/44.31



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HLL net profit rises 23 pc in Q4 — Strong volumes lead to double-digit topline growth
HINDUSTAN Lever Ltd (HLL) today reported a better than expected 22.65 per cent rise in profit after tax, but before exceptional items, for the quarter ended December 31, 2005, at Rs 438.5 crore from the previous corresponding Rs 357.51 crore. ... More

Exports post 21 per cent growth in January
CONTINUING the uptrend, India's exports recorded a 21.41 per cent increase in dollar terms in January 2006 to touch $8.45 billion as against $6.96 billion recorded in the same month last year. In rupee terms, exports in January 2006 recorded a ... More

Oil cos may get more freedom in pricing
AFTER a gap of almost three years, the oil marketing companies (OMCs) may have more say in fixing the petroleum product pricing. The Rangarajan Committee, which is expected to submit its report this week, is said to be in favour of providing a ... More

Sun TV files for IPO
Sun hopes to raise Rs 700-800 crore through the issue. More

Tourists may be able to use rupee in Mauritius
"The idea behind the proposal is to ensure that tourists do not have to constantly convert foreign exchange that they are carrying on their visits." More

Foreign holding in Sensex cos rising
FOREIGN holding in Sensex companies is still growing. Figures pertaining to the end of the last quarter clearly indicate that the shareholding of foreigners, at 29.2 per cent, has increased at the cost of promoters. The latter's holding has ... More

Avendus study sees slew of IPOs in mid-cap IT sector
AN action packed scenario awaits the mid-cap IT sector in the near future as a clutch of private IT companies, including Mahindra British Telecom, Mindtree Consulting, L&T Infotech, Infinite and Persistent, are likely to tap in initial public ... More

3G presents great opportunity, says Maran
MINISTER for Communication and IT, Mr Dayanidhi Maran today said mobile growth in the country could touch 6-8 million new subscribers every month once operators roll out services in rural areas. Speaking at the 3GSM World Congress in Barcelona, ... More

Teleglobe delisted from Nasdaq — VSNL sees 200 pc rise in revenues
VIDESH Sanchar Nigam Ltd has announced that it has completed the acquisition of Teleglobe International Holdings and that its consolidated revenues for 2006-2007 could increase by as much as 200 per cent. During the current fiscal, the next ... More

Players split on differential tariffs
IT could be the beginning of a new battle in the telecom sector. Divisions have arisen among operators on offering differential tariffs. The TRAI had initiated a consultation process on the issue of differential tariff after some of the mobile ... More

IA inducting 260 pilots, but sets stiff exit norms
The sources said that the airline has been a hunting ground for private carriers, which have been dipping into the pool of highly trained pilots. More

E-biz sites court Netizens on V-Day; traffic trebles
THE growing popularity of Valentine's Day is translating into more moolah for e-commerce Web sites, which are seeing 300 per cent surge in traffic thanks to purchases by Netizens. "Online sales in the run-up to Valentine's Day has surged about ... More

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