Business Daily from THE HINDU group of publications
Sunday, August 26, 2007
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Commodities (Aug 25)
Gold (per gram) Rs828
Silver (per gram) Rs17.85
Brent crude (per bbl) Rs2,890
Markets (August 24)
BSE Sensex14424.87 (+260.89)
S&P CNX Nifty4190.15 (+75.20)
US Dollar (Buy/Sell)41.11 (+0.03)

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State Bank of Saurashtra to be merged with SBI
Consolidation process on; both boards give in-principle approval More

ISPs have to pay licence & entry fees
Entry barred for small operators More

Equity hike for national airlines likely
New Delhi, Aug. 25 The Government plans to increase the equity norms for the setting up of a national airline from Rs 100 crore at present to Rs 115-120 crore, official sources told Business Line. While neither the exact quantum ... More

Bailout plan for farmers with un-harvested cane
New Delhi, Aug. 25 After the Maharashtra Government’s decision to pay sugarcane farmers up to Rs 25,000 per hectare for their standing crop that lay uncrushed this season, it is now the Centre’s turn to moot a similar compensation ... More

The realty bites – freebies for the asking now
ADVANTAGE BUYERS More

‘MFs may help PSUs earn substantial addl profits’
Investments of up to 30% surplus cash reserves More

24x7 banking
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Index Outlook
Global markets partied last week as the spectre of a financial crisis started dissolving in to the background. The Sensex was, however, held back from joining in the celebrations thanks to the pandemonium on the political front. The Sensex ... More

Taking stock after the correction
In the sweeping correction that has caused global stock markets to tumble like nine-pins, the BSE Sensex has shed 9-10 per cent off its peak value. Stocks in sectors such as telecom, steel and construction have plummeted 15-30 per cent the past ... More

Tata Steel: Downsizing minus the tears
Managerial innovations in the co’s transformation More

‘Novartis verdict has no bearing on the price of any drug’
Chennai, Aug. 25 The recent judgment of the Madras High Court in the Novartis case has created the “mistaken impression” that it will now make it possible for certain drugs to be made available at low cost, according to Mr Arvind ... More


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