Business Daily from THE HINDU group of publications
Tuesday, August 01, 2006
Commodities (July 31)
Gold (per gram) Rs904
Silver (per gram) Rs19.30
Brent crude (per bbl) Rs3,425
Markets (July 31)
BSE Sensex10743.88(+63.65)
S&P CNX Nifty3143.20(+12.40)
US Dollar (Buy/Sell)46.57(-0.13)

Cross Currency


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IOC plans to expand retail role
Clocks Q1 net of Rs 1,781 cr aided by 20 pc stake sale in ONGC More

Will disputes settled, says Ranbaxy family
Manjit Singh not party to settlement More

Panel on rupee convertibility submits report
The Committee on Fuller Capital Account Convertibility has submitted its report to the Reserve Bank of India on Monday. The RBI said it would place the report in the public domain "in due course." The RBI had set up the committee following ... More

PNB to raise Rs 2,100-cr additional capital
Marginal rise in Q1 net, to pay 60% final More

Mobile roaming charges likely to turn cheaper
TRAI looking at option of a lower tariff cap More

Bengal inks pact with Indonesian group
To implement various developmental projects More

Q1 textile exports up 25 pc
Readymade garment exports post 27-pc growth More

July rains boost kharif coverage of all crops
Another bumper paddy crop forecast; groundnut acreage down More

TCS inks pact to develop software for Sequenom
A multi-million dollar deal, says Executive V-P More

Infy can offer feedback to Govt for good of industry: Ahluwalia
New software development block inaugurated in Mysore More

Tax breaks on bank deposits a welcome move
The tax breaks offered on bank term deposits of 5 years and above would be greatly welcomed by banks. About 15 per cent of the deposits in the banking system currently are in the above 5-year category. Banks have been increasing their interest ... More

Reliance Comm Q1 net up at Rs 513 cr
Reliance Communications Ltd announced a consolidated net profit of Rs 513 crore for the quarter ended June 30, 2006, its first full quarter after it was listed on the exchanges. This is against a net loss of Rs 250 crore a year ago, said a ... More

ICICI Bank: On non-interest income
ICICI Bank has been attracting heavy trading volumes of late; its price has also witnessed a sharp surge. According to analysts tracking the banking industry, the counter has been active on account of its good financial performance due to strong ... More

Lotus India AMC gets SEBI nod for MF operations
Plans to launch two schemes initially More

Marico shines on performance
FMCG counter Marico Industries jumped sharply in the last few trading sessions. Analysts attribute this to Marico's 30 per cent-plus sales growth in the first quarter of fiscal 2007, especially to the 25 per cent reported by its focused brands. ... More

Rain deficit down to 9 pc
Area-weighted rainfall deficit for the country as a whole with respect to ongoing monsoon has been marked down to nine per cent as on July 30 in latest estimates made officially. This represents a quantum positive jump compared to the 14 per ... More

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