Business Daily from THE HINDU group of publications
Friday, October 05, 2007
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Commodities (October 4)
Gold (per gram) Rs869
Silver (per gram) Rs18.80
Brent crude (per bbl) Rs3,075
Markets (Oct. 4)
BSE Sensex17777.14 (-69.90)
S&P CNX Nifty5208.65 (-2.15)
US Dollar39.52 (-0.20)

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Excess liquidity: RBI’s daily mop-up crosses Rs 50,000 cr
Market Stabilisation Scheme limit hiked to Rs 2-lakh cr More

Rate hikes slowed down auto industry: Tata Motors
Tata Motors said that it was a conscious attempt by the Government to raise interest rates that has led to the slowdown of the automobile industry. And even with the festive season around the corner, car makers would not be able to meet the ... More

Spectrum demand may usher in new tech
Vavasi to bring in Chinese technology in a band not in use at the moment More

BSNL gets additional GSM spectrum
New Delhi, Oct. 4 Even as private cellular operators are clamouring for more radio frequency, the Government has allocated additional GSM spectrum to State-owned Bharat Sanchar Nigam Ltd in 16 States across the country. The allocation ... More

Tariff ceiling fixed for non-CAS areas
New Delhi, Oct 4 Cable consumers will finally be able to choose their own bouquet of channels. The Telecom Regulatory Authority of India (TRAI) has fixed ceiling prices for cable television, in areas not subscribed by the Rs 5 per-paid ... More

Caparo plans luxury bus facility near Chennai
Group to invest Rs 1,000 cr in Tamil Nadu More

Reliance Power mandates banks, FIs to raise $6 b
Mumbai, Oct. 4 Reliance Power has mandated banks and financial institutions to raise up to $6 billion (Rs 24,000 crore) in syndicated loans on a secured basis, said the company’s prospectus filed with SEBI for its initial public ... More

Good intelligence prevents major calamities
More

‘Securitisation market has good growth potential’
Basel II compulsions, pension funds to be catalysts: Experts More

NXP joins A Little World for facilitating rural banking
Designs mobile that will act as a bank More

Pak court orders release of detained Indian sugar
Importers say consignments ‘within prescribed standard’ More

Can’t wait to invest?
Now, how does one choose the right stock... More

Gems and jewellery exports rise 27% in first half
More

‘Power sector turns attractive for funds’
Reliance Power, PowerGrid IPOs trigger buying interest More

IMPACT
Relief on borrowing costs for India Inc
As lower interest rates gather momentum More

Today's Pick: Asahi India Glass (Rs 113.75)
We recommend a buy in Asahi India Glass at current levels. It is evident from the weekly chart of Asahi India Glass that the stock has been in a strong uptrend since the early 2003 lows of Rs 20. However, the stock has been declining after ... More

Filatex India: Betting on numbers
Filatex India, a polyester filament yarn (PFY) manufacturer and a leader in polypropylene filament yarn(PPFY), is a recent discovery and accumulation target for some investors. According to market sources, Filatex is riding the domestic PFY ... More

Day Trading Guide
Sell signals are evident in the daily momentum charts of ICICI Bank. Sell the stock with a stop at Rs 1,095.Infosys The stock formed a bearish hanging man candlestick pattern near the key resistance at Rs 2,000. We revise ... More

IMD hoists ‘low’ watch over Bay
More


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