Business Daily from THE HINDU group of publications
Saturday, July 08, 2006
Commodities (July 07)
Gold (per gram) Rs885
Silver (per gram) Rs19.25
Brent crude (per bbl) Rs3,422
Markets (July 07)
BSE Sensex10509.53(-258.44)
S&P CNX Nifty3075.85(-80.55)
US Dollar (Buy/Sell)46.10/0.08


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Mittal to set up plant in Orissa
More

Acquisition prospects limited in India, says Mittal
Keen on partnering SAIL for projects outside India More

ONGC-Mittal combine eyeing properties in 21 countries
ONGC willing to spend $25 billion on overseas acquisitions More

Panic selling shakes Sensex
PM resignation rumours lead to 258 point loss More

PMO rubbishes rumours
The Prime Minister's Office on Friday dismissed rumours that Dr Manmohan Singh was contemplating resignation in the wake of his decision on Thursday to put on hold all proposals regarding disinvestments in PSUs. "There is no truth in such ... More

BSE to go in for strategic partner
To divest 51 per cent equity; proposes IPO More

Panel moots fiscal sops for Intel
Boost to establishing manufacturing base in India More

Pro-farmer or pro-consumer: Govt would like to be both, but can it?
It is difficult to fathom whether the Government is pro-farmer or pro-consumer. Over the past week, the Union Commerce Minister, Mr Kamal Nath, batting for farmers in India, pulled out of the talks at the World Trade Organisation in Geneva, ... More

Outflows apparent in large MFs
Market recovery fails to arrest withdrawals from funds More

Licence fees only from telecom biz, says TDSAT
To result in Rs 500 crore gain for telecom operators More

India, China biggest markets for HP
India and China are the two biggest markets to focus on in Asia Pacific for Hewlett-Packard, the $ 87.9 million US-based information technology company, according to a company official. Five years ago, India was considered to be an emerging and ... More

NRB Bearings up on value pick
NRB Bearings, which closed at Rs 488.05 on the BSE, has gained 3.12 per cent since last one month as a value pick by some marketmen. Today, however, after opening sharply higher at Rs 519, the stock closed at Rs 488.05, down 2.18 per cent over ... More

IT: Betting on Re depreciation
Analysts expect strong quarterly figures from a number of IT companies, although some of them expect EBITDA margins to decline to some extent. Salary hikes in April, which certain players had brought about, may impact margins as well. Currency ... More

Inflation falls to 4.84 pc despite rise in food prices
Wholesale price index for all commodities at 203.6 points More

Slackness continues in kharif rice, oilseed coverage
Sugarcane, cotton, pulses coverage up More


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