Business Daily from THE HINDU group of publications
Thursday, February 28, 2008
ePaper | Mobile/PDA Version
Commodities (Feb 27)
Gold (per gram) Rs1,144
Silver (per gram) Rs27.25
Brent crude (per bbl) Rs3,975
Markets (Feb. 27)
BSE Sensex17825.99 (+19.80)
S&P CNX Nifty5268.40 (-1.65)
US Dollar39.84 (-0.09)


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Why MNCs don’t bring blockbuster drugs into India
Reasons: Lack of patent recognition, delay in approvals, litigation woes More

SEBI forms new rules for MF ad warnings
Required to last at least 5 seconds in TV, radio ads More

Oilseeds farmers reaping benefits of higher prices
Chennai, Feb. 27 The Mukhati family in the Malwa region in Indore, Madhya Pradesh, owns nearly 30 hectares in which it grows soyabean during kharif season; and gram and wheat during rabi. Nearly 90 per cent of its landholding is used for ... More

Carmakers on expansion drive in smaller cities
Improved road connectivity, penetration of retail finance More

More banks tapping Nabard refinance window
Tight liquidity makes CDs pricey even as need for funds rises More

Reliance Fresh aims to become end-to-end food retailer
Sees huge opportunity for growth More

Fiat, Tatas to be equal partners in joint venture
Maharashtra Govt okays change in shareholding pattern More

FCEBs get legal sanctity under I-T law for taxation
New Delhi, Feb 27 The legal decks have been cleared for the taxation of exchangeable bonds issued under the foreign currency exchangeable bonds (FCEB) scheme 2008.The Centre has now said that the tax treatment spelt out for ... More

IT cos in ‘pick and choose’ mood
CAMPUS HIRING More

Crude palm oil market seen poised for correction
Adverse weather could lead to further rise: Dorab Mistry More

Inflation woes could play spoilsport on B-day
More

Mega plans, mega brands
Arvind Brands has decided to go the whole hog in retailing and expects it to constitute 50 per cent of its turnover four years from now. More

TODAY'S PICK (Latest Audio: English | Tamil)
Power Grid Corp (Rs 108.40): Buy
We recommend a buy in Power Grid Corporation of India from a short-term perspective. It is evident from the charts of the company that the stock has been on an intermediate-term downtrend from its 52-week high of Rs 167 marked on November 19, ... More

Day Trading Guide
The stock is experiencing selling pressure at higher levels. Fresh short position can be initiated if the stock declines below the support level of Rs 1,100.Infosys The stock is beginning to lose its bullish ... More

Gold peaks on weak US currency
Mumbai, Feb. 27 Prices of precious metals continued to scale to new highs in the international market, tracking which the domestic market zoomed to record prices. Gold in the London spot market marked a high of $965.70 an ounce on ... More

UP-based sugar stocks fall on court orders
Bajaj Hindustan worst hit More

IMPACT
Order wins may help BGR Energy in EPC
BOP contracts provide an edge over others More

IMPACT
Shasun’s deal may prove positive in the long term
Revenues unlikely to trickle within next 6-12 months More


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