Business Daily from THE HINDU group of publications
Wednesday, February 07, 2007
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Commodities (Feb 06)
Gold (per gram) Rs865
Silver (per gram) Rs21.20
Brent crude (per bbl) Rs2,564
Markets (Feb 6)
BSE Sensex14478.19 (-37.71)
S&P CNX Nifty4195.90(-19.45)
US Dollar (Buy/Sell)44.13


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FIPB clears Salim Group's investment in Bengal SEZ
Proposal now goes to CCEA for approval More

ICICI Bank hikes lending, home loan rates
The bank's revised floating rate now stands at 11.75 per cent per annum, against 10.75 per cent earlier. More

Inevitable hike
ICICI Bank can afford to do it; has been compelled to do it; and has done it! It has hiked its home loan rates by one percentage point. For, private banks do not have their hands tied by political masters. If their costs go up, they don't ... More

Reliance Comm's FLAG slaps notice on VSNL for $406 m
Dispute over Europe-Asia cable system pact More

Cement price rise inevitable, say analysts
More

Suzuki commits Rs 11,000 cr for India
Rs 730 cr to be invested in two-wheeler venture More

CMS Energy, ABB sell stakes in ST-CMS Electric
Pact signed to sell subsidiary; deal may end by mid-2007 More

India agrees to price formula for Iran gas pipeline project
Hopes to sign final pact in June; meet with Pak officials next week More

Moser Baer buys 81% stake in Phillip's R&D arm
Moser Baer India Ltd on Tuesday announced that it has acquired 81 per cent stake in Phillips NV's wholly-owned subsidiary OM&T BV, a research and development (R&D) company, for an undisclosed amount through an all cash deal. The company plans More

`Semiconductor policy likely before Budget'
To cover related areas including electronics More

Crude, gold prices may move up further
Rise in speculative short positions in oil & long positions in gold More

COMMODITY COMMENTARY
Lower wheat crop to spark price spike
Production could turn out to be even lower More

Havells India up on growth hopes
The Havells India's stock notched a return of 6.40 per cent week-on-week and 36.5 per cent month-on-month closing at Rs 512.75 on Tuesday against Monday's price of Rs 493.15. Traded volumes too improved to 2.54 lakh shares against two-week ... More

World urban population to exceed rural this year
For the first time in the history the world's urban population, estimated to be over three billion people, will exceed the number of those living in rural areas this year. Given this trend by 2030, some two-thirds of the world's people will be ... More


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