The Hindu Business Line : Wednesday, January 24, 2007

SBI cost of funds may see a sharp jump
Provisioning for bad loans at Rs 410 crore (compared with a write-back of this provision in the corresponding quarter of the previous fiscal) and provision for depreciation of investments of about Rs 658 crore were major contributors to the below ... More

India-WI match on DD, at 7-min delay
Doordarshan has dispatched its outdoor broadcast vans to Barabati stadium in Cuttack, ready to telecast the second One-Day International between India and West Indies on Wednesday. The cricket action on DD International will, however, be at a ... More

AIF Capital gets nod to invest in Catholic Syrian
Based on the recommendation by the FIPB, the Union Finance Minister, Mr P. Chidambaram, has approved a proposal from AIF Capital Development, Mauritius, to invest up to 15 per cent in the equity base of Catholic Syrian Bank. The investment ... More

Nil import duty hits cement shares
Stocks of cement companies plunged on the bourses following the Government scrapping import duty on cement. Analysts felt the decline in stock prices was a knee-jerk reaction to the announcement. Domestic cement companies will not be affected ... More

Centre bans futures trading in tur, urad
The Centre on Tuesday night banned futures trading in tur and urad until further notice. When contacted, the Forward Markets Commission Chairman, Mr S. Sundareshan, told Business Line: "No comments". Commodity exchange sources said they ... More

Bharti Airtel buys out SingTel's stake in cable co
Eyes expansion through partnerships, acquisitions More

Tata Motors Q3 net rises 12 pc
Commercial vehicles sales surge More

Grasim Q3 net doubles on higher sales realisations
Cement revenues rise by 55 pc More

Ahmednagar Forgings strong on biz
The Rs 10-face value Ahmednagar Forgings stock, which dipped close to 2 per cent on Tuesday to end at Rs 281, is being observed for the business that the company is recording, courtesy clients like Tata Motors. Ahmednagar Forgings, which ... More

Phillips Carbon up on demand
Marketmen are keeping an eye on Phillips Carbon Black, which some quarters perceive as a value investment. The company currently occupies the leadership position in the Indian carbon black industry. Demand for carbon black is rising ... More

Below normal rainfall likely in S. India
Colombo varsity projection More

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