Business Daily from THE HINDU group of publications
Friday, June 08, 2007
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Commodities (June 7)
Gold (per gram) Rs822
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BSE Sensex14186.18 (-69.75)
S&P CNX Nifty4179.50 (-18.75)
US Dollar (Buy/Sell)40.73 (+0.05)

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Vaghela hints at relief for rupee-hit textile exporters
Interest subsidy outstanding under TUFS may be released More

Foreign investors pick up 16.47% stake in TMB
Foreign investors have picked up 46,862 shares of Tamilnad Mercantile Bank Ltd (TMB), which works out to 16.47 per cent of the paid-up equity of the bank, sources in the know told Business Line today. Members of the Nadar community have ... More

India-China trade tops $11.4 b in first 4 months
Ties have reached `fast-track growth' stage More

Tata Steel's Orissa plant makes a start
Rs 167-cr contract for HCC More

74% stake in new railways rolling stock joint ventures to private sector mooted
More

GSK's diabetes drug may need addl warning
Cos await regulator's directive More

US company Signet Solar plans $2-b investment in India
Three photovoltaic manufacturing facilities to be set up More

Foreign bank picking up stake in Repco Home Fin
Due diligence over; co in the final stage of negotiations More

Marico still hungry for acquisitions
After acquiring a slew of brands recently, Marico is in restructuring mode even as it hunts for more buys in its segment. "Marico would always be looking out for acquisitions. Some proposals are under active consideration," Mr Milind Sarwate, ... More

Tata Motors cuts car production by 20%
To launch Xenon, Winger, soft-top Ace in June More

Industry hails move on cable landing station
`Will improve competitiveness in BPO, ITES sectors' More

TRAI move on cheaper intl roaming may hit snag
It involves multiple regulatory bodies and countries More

Oman buys tissue cultured banana saplings from India
Jain Irrigation bags order to send 66,000 by air More

Banks consider hiking interest rates on loans against securities
Triggered by recent modifications in rate structure More

Reliance Mutual files for natural resources fund
To invest in cos engaged in discovery, production or distribution More

`Leading edge' of reviving monsoon enters mainland
The `leading edge' of the reviving monsoon has made its presence felt along coastal Karnataka and further east into Andhra Pradesh, bringing good rainfall over these regions in the 24 hours ended Thursday morning. The "leading edge" of a ... More

In pursuit of work
Poor yields and huge debts force small farmers to migrate to cities, where there is little succour available. More


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Union Budget 2007-08

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Economic Survey 2006-2007

Top Stories
Product managers in demand in IT cos


Advinus collaborates with local cos for research

Neem foundation aims at growing 10 crore trees

Biotech seeks STPI-like prop to boost growth

Ministry may tweak branch norm on EDs appointment

Growing risks to economy

Looking back
May. 27-Jun. 2
CPI(M) moots regulations for organised retail trade



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