Financial Daily from THE HINDU group of publications
Monday, May 15, 2006
Commodities (May 13 at close)
Gold (per gram) Rs983
Standard Gold (10 gram) Rs10,615
Silver (per gram) Rs23.30
Brent crude (per bbl) Rs3266
Markets (May 12)
BSE Sensex12285.11(-150.30)
S&P CNX Nifty3650.05 (-51.00)
US Dollar (Buy/Sell)45.03 (+0.07)


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National grid plan may get derailed
Northern States overdraw power heavily More

Govt may drop plan to set up authority for revamp of weak PSBs
Likely to usher in system of administrator as suggested by RBI More

Two-wheeler exports on the fast lane
Bajaj Auto, Hero Honda top the list in bikes, Honda Motorcycle in scooters More

Lightbridge: The 3-in-1 device for convergence
With one remote control directed at the box, you can do all that you do now separately with the TV, telephone and through broadband. More

OVL board meeting likely in Vietnam
In keeping with its status of a global player, ONGC Videsh Ltd (OVL), the overseas arm of ONGC, is planning to hold its board meeting in Vietnam. According to sources, if the mandatory approvals come through, this would be the first time that OVL ... More

Evalueserve plans to hire 500 professionals
Wins 6-8 clients every month; to expand in China too More

MF distributors' new code: Still more can be done
Certain sections within distribution circles follow practices that are sometimes in their own interest and not necessarily in the interest of their clients More

Shipyards: Building on the boom
With global shipyards brimming with orders and unable to take any fresh ones, interest is building among Indian players to set up yards or expand existing facilities. More

Flow of money is the key
Government handling of cement price issue keenly watched More

The price of reservation
For every transaction, there has to be entries on both sides of the ledger. A price has to be paid for the gains made by reservation. What is the price the beneficiaries of reservation pay? One price they have paid is lowered quality of education in state-run schools, inferior opportunities to learn; in consequence, endemic poverty too. Is that price worth paying, wonders P. V. INDIRESAN. More

Fresh Exim Bank thrust for rural products
Signs co-operation pacts with NGOs; helps bag orders from corporates More

Monsoon may reach Andaman Sea by Friday
The mainland will not be covered under this spell, and would have to wait until the Arabian Sea arm makes its tryst with the Kerala coast around June 1. More


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