Financial Daily from THE HINDU group of publications
Thursday, May 18, 2006
Commodities (May 17 at close)
Gold (per gram) Rs984
Standard Gold (10 gram) Rs10,625
Silver (per gram) Rs22.65
Brent crude (per bbl) Rs3216
Markets (May 17)
BSE Sensex12217.81(+344.08)
S&P CNX Nifty3635.10)(+111.80)
US Dollar (Buy/Sell)45.22 (-0.28)

Cross Currency


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Govt wants debt cap hike for Ultra Mega projects
Each of the six proposed power projects may need around Rs 15,000 cr capex More

Metal recovery pushes Sensex up

RBI gets more flexibility on CRR, SLR; Bill passed
LS also passes amendment to taxation laws Bill More

L&T forays into dredging business
Larsen & Toubro has entered the dredging business by acquiring a majority stake in International Seaport Dredging Pvt Ltd, an India-based company. L&T acquired 61 per cent stake in the company for an undisclosed amount from Belgium ... More

Population growth rates dip below 1 pc in TN, Kerala

KVB board meet to consider bonus, rights issues
Karur Vysya Bank is contemplating a bonus and rights issue. The bank has, in a communication to the BSE, said its board would consider and discuss this issue at the meeting on May 25. When contacted, the KVB Chairman, Mr P.T. Kuppuswamy, told ... More

MFs try to be different with hedge options
`Investors will make losses even when the markets are going up' More

BSNL cuts call rates to fixed pvt networks by 75 pc
It has also reduced intra-circle charges for calls made from BSNL fixed phones to other WLL phones by 25 per cent, by reducing the rates from Rs 1.60 a minute to Rs 1.20. More

Suzlon plans Rs 550-cr wind power projects in Kerala
Identifies sites in Idukki, Palakad districts More

Brand Infosys valued at Rs 23,000 cr
Market capitalisation up by 35 per cent More

Indians seeking jobs online up 71 pc: Survey
The number of Indians seeking jobs online touched 6.5 million in 2005-06 recording a rise of 71 per cent over last year, and the figure is estimated to cross 9.2 million this year, according to a latest survey. As per the a study conducted by ... More

TVSICS bags Hyderabad airport deal
TVS Interconnected Systems Ltd (TVSICS), part of the $3-billion diversified TVS Group, has bagged a mandate to partner with Siemens Information Systems consortium to develop a structured telecom backbone network for Hyderabad International ... More

FMC to address urad futures contract issues
`Transparency will make futures trade beneficial to farmers' More

`Smart Home' — the next big thing in communications
Not too far in the future, your `home sweet home', could well also be converted into a `Smart Home', if you so desire and can afford it. Technology is already in place, and all it requires is service providers, availability of broadband and ... More

Monsoon sets in over southern rim of Bay
The southwest monsoon has set in over the southeast rim of the Bay of Bengal at least one day ahead of the predicted timeline of Thursday/Friday. The strong westerly flows, moisture feed and persistent cloudiness aided the build-up over the ... More

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