Business Daily from THE HINDU group of publications
Saturday, October 27, 2007
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Commodities (October 25)
Gold (per gram) Rs909
Silver (per gram) Rs19.35
Brent crude (per bbl) Rs3,340
Markets (Oct. 26)
BSE Sensex19246.17 (+472.28)
S&P CNX Nifty5702.30 (+133.35)
US Dollar39.48 (-0.07)

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DoT pushes for auction of GSM spectrum
‘Most transparent way to process applications’ More

Rupee appreciation has little impact on L&T
Foreign currency billing helps balancing out More

L&T net jumps 73% buoyed by growth in sales
Mumbai, Oct. 26 Engineering and construction company Larsen & Toubro registered a 73 per cent increase in the second quarter net profit, driving up the stock prices by Rs 420.40 or 12.16 per cent on the day. The share price closed ... More

High prices take the sheen off gold
Physical demand, investment down 20-25% More

Tata Steel posts 8% profit growth in Q2
Mumbai Oct. 26 Tata Steel, India’s biggest steel producer in the private sector, reported a modest 8.2 per cent increase in its net profit for the quarter ended September 30, 2007, on the back of a stagnant operating profit ... More

Sensex gains 472 points as PN norms set in
Mumbai, Oct. 26 The market appeared to have taken SEBI’s regulations in its stride as the Sensex gained 472 points on Friday, when the restrictions on Participatory Notes actually became operational.The index closed at 19,243.17, ... More

Scale-up of business segments drives ITC Q2 net 13% higher
Non-cigarette biz up 17%; agri trade declines More

TCS opening new unit in S. Africa
Mumbai, Oct. 26 Tata Consultancy Services (TCS) is launching a new subsidiary to further strengthen its focus and expand operations in South Africa. Christened TCS South Africa, the new subsidiary is in line with the company’s ... More

Infosys rejigs biz units to be market-ready
Broadens management team; reorganisation takes effect from Nov More

Too early to assess impact: Chidambaram
‘SEBI’s measures have helped achieve greater transparency’ More

This recovery rally belongs to domestic institutions
12 FIIs have registered since October 17 More

Sun Pharma confident of closing Taro deal
‘Growth good across different segments’ More

Syndicate Bank net up 11% on better yield on loans
Plans $125-m MTN issue and follow-on public issue More

Dr Reddy’s new pill to revitalise betapharm
Multi-pronged strategy in place to ensure profits More

Cheaper non-food items keep inflation rate static
Wholesale Price Index of all commodities up at 215 points More

Arabian sea sees intense activity as ‘low’ grows
To concentrate into a depression over next 2 days More


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