Business Daily from THE HINDU group of publications
Saturday, October 13, 2007
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Commodities (Oct 12)
Gold (per gram) Rs884
Silver (per gram) Rs19.45
Brent crude (per bbl) Rs3,154
Markets (Oct. 12)
BSE Sensex18419.04 (-395.03)
S&P CNX Nifty5428.25 (-96.60)
US Dollar39.39 (+0.06)

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Business Line greets its readers on the occasion of
ID-UL-FITR

‘Sensex sometimes surprises me, sometimes worries me’
Copious capital inflows reason behind the sharp increase: Chidambaram More

Sensex down 395 points
Mumbai, Oct. 12 The bull rally on the bourses suddenly reversed its course on Friday as investors booked profit at higher levels.The benchmark Sensex dipped by 395.03 points and closed at 18,419.04, down by 2.1 per cent.The ... More

Overseas investors pump in $4.3 b into equity markets in Oct
Other categories remain net sellers More

UPA Govt will finish its term: PM, Sonia
New Delhi, Oct. 12 Setting at rest mounting speculation over early polls, the Prime Minister, Dr Manmohan Singh, and the Congress President, Ms Sonia Gandhi, on Friday asserted that the Government would last out its full term. Dr Singh also ... More

Reliance may use ‘marketable securities’ for expansion: Mukesh
‘Company is actively pursuing an acquisition mode of growth’ More

Interest income boosts HDFC Bank Q2 net
A healthy interest income from higher advances helped HDFC Bank post a 40 per cent increase in net profit for the quarter ended September 2007. It was also able to maintain its net interest margin at four per cent (3.8 per cent last year). ... More

Return SEZ land, we’ll put it up: Pune farmers to Govt
SPELL OF MAGARPATTA MAGIC More

ACC hikes stake in Shiva Cement to 14.7%
Promoters come out with an open offer More

‘Gas production in K-G basin by June 2008’
Western India to be next focus area, says Sibal More

‘Confidence running high in Asia ’
“As things have started to slow in the West, people have started to look at Asia and see that the attractions that are here in terms of growth remain,” says Mr Michael Gordon of Fidelity International More

Industry grows at 10.7% in August
Manufacturing, power, mining drive growth More

Inflation rate drops on cheaper pulses, edible oil
Wholesale Price Index of all commodities up at 226.4 More

‘Wheat prices vulnerable to tight market situation’
Low stocks, insufficient rise in production to blame: FAO More

Nobel honour
More

IFC’s Angel investment lifts brokerage stocks
Listed brokerage as well as investment advisory stocks on Friday shot up quite smartly. Stocks such as India Infoline (0.89 per cent), IL&FS Investment Managers, Emkay Share & Stock Brokers (10.47 per cent), Motilal Oswal Financial ... More

Gold fails to keep pace with other asset class
Mumbai, Oct. 12 In recent times, returns on investment in gold in the domestic market have not kept pace with other asset classes. Lower returns on gold investment have disappointed investors. Rising international prices as reflected in high ... More

It’s going to rain coins soon
Chennai, Oct. 12 For those complaining about the lack of coins and small change in various parts of Tamil Nadu, there’s good news just ahead. It’s literally going to pour coins across the State during the next few weeks. ... More

Online photo printing market rolls on
Bangalore, Oct. 12 Online photo printing is snowballing in India. Hewlett-Packard has dived in with its Snapfish service. It began as a way to let expats share pictures by shipping prints to their home in India over the Internet. Firms ... More

La Nina may set Bay on fire
Thiruvananthapuram, Oct. 12 All leading international weather models are now convinced that a La Nina event (colder counterpart of El Nino) is strengthening, with a warming anomaly getting entrenched in the west-central to north-west Pacific. ... More


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