Business Daily from THE HINDU group of publications
Saturday, January 06, 2007
ePaper
Commodities (Jan 05 at close)
Gold (per gram) Rs836
Silver (per gram) Rs19.95
Brent crude (per bbl) Rs2,446
Markets (Jan 5)
BSE Sensex13860.52 (-11.19)
S&P CNX Nifty3983.40 (-5.40)
US Dollar (Buy/Sell)44.34 (-0.01)


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UTI to launch overseas fund by March-end
To invest in foreign securities, GDRs, ADRs More

Plan to raise oil storage capacity by 5 mt
The additional capacity will be through public-private partnerships More

India, Italy see scope to expand trade
Also call for early start to Trade and Investment Agreement More

Hutchison, Essar differ over right of refusal
The Hutchison Essar saga could take a legal turn with the Ruias-promoted Essar saying that they have sought legal opinion on the first right of refusal from noted lawyer, Mr Harish Salve. The Essar move comes after Hutchison Telecom International ... More

LIC to unlock real estate value
Targets Rs 200 crore as rental income More

Jewellery firms eye Japan
Indian jewellery companies are now looking to cater to the quality-conscious Japanese markets. The US continues to be the world's largest market for jewellery, accounting for 31 per cent of global jewellery sales in 2005. But the stagnating ... More

Corporate bonds: Costlier for companies?
Corporates are raising funds at interest rates higher than government borrowings. Investors in corporate bonds could earn higher yields, though for companies, it could be a costly proposition. According to Crisil, the yield differential ... More

Inflation up on costlier food, manufactured items
Wholesale Price Index of all commodities rises to 208 More

Private insurers nudge for higher FDI cap
`Capitalisation of insurance cos vital to meet IRDA solvency norms' More

GM plans engine, gearbox plant
New plant likely to cater to small range of diesel engines More

Bajaj Electricals looking at buys
To launch first inverter in 6 months More

`Notebook market set for accelerated growth'
Affordability, improved connectivity, reliability driving growth More

Broadcasters not keen to slash ad rates with CAS rollout
Advertisers concerned over loss of viewership More

Steel cos told to publish price lists
Steel manufacturers will now have to be more transparent whenever they effect any change in prices. The companies have been told to come out with a formal price list and also put the changes in prices in their respective Web sites. The decision ... More

MFs ceiling for overseas investment raised to $3b
The Security and Exchange Board of India has allowed mutual funds to invest in ADRs/ GDRs/ Foreign securities up to the overall limit of $3 billion, following the enhancement in overseas investment limits by the Reserve Bank of India. The Sebi ... More

West Coast Paper in spotlight
The stock of West Coast Paper Mills is being keenly watched by market players following the company's recent announcement of an expansion programme. According to market sources, the company is likely to arrange for debt financing for this ... More

Weather trigger for sustained crude spiral ruled out
Warmer winter has curbed US demand for heating oil More


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