Business Daily from THE HINDU group of publications
Friday, November 23, 2007
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Commodities (Nov 21)
Gold (per gram) Rs947
Silver (per gram) Rs20.90
Brent crude (per bbl) Rs3,761
Markets (Nov. 22)
BSE Sensex18526.32 (-76.30)
S&P CNX Nifty5519.35 (-41.70)
US Dollar39.50 (+0.09)


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BHEL keen to replicate TN model in other States
Loss of NTPC orders for supercritical power units spurs initiative More

More powers for TRAI: The wait gets longer
New Delhi, Nov 22 The Telecom Regulatory Authority of India’s hopes of getting more teeth and autonomy anytime soon seem to be fading away with the Ministry of Communication deciding to refer the issue to an inter-ministerial group for ... More

Panel moots fast track courts for loan default disputes
IBA offers to train, certify recovery agents More

Sensex swings in 560-point range; ends lower
Mumbai, Nov. 22 The dampening effect of weak global cues continued through Thursday as well when the Sensex ended in the red for the sixth consecutive day.It was a day of high volatility, the Sensex tacking up and down a 560-point range ... More

India poised to become net importer of steel
Inflow during April-October records 79% rise More

Orthodox tea output may top 140 mkg in 5 years
Jairam Ramesh flays industry for not exploring new markets More

John Energy buying 4 more oil rigs for Rs 160 cr
To meet exploration sector demand More

The world is our oyster, says Nestle India CMD
New Delhi, Nov. 22 FMCG major Nestle India has been posting impressive top and bottom line growth over the past few quarters. Business Line met up with the company’s Chairman and Managing Director, Mr Martial Rolland, ... More

SABMiller plans four greenfield breweries
To invest $100 m a year for next 5 years More

Should crude be priced other than in dollar?
More

Private equity deals in SME segment on the rise
Investment plans pegged at about $5 b More

Spectre of competition - sacrifice at the spectrum altar?
Any decision on spectrum should not sacrifice the long-term interest in favour of the immediate benefits, says Mr Bivek Anand, Associate Director, KPMG Advisory Services. Talking to Business Line about the ... More

18% rollover of open positions seen on Nifty futures
Foreign funds remain net sellers More

Today's Pick: Rolta India (Rs 641.45)
We recommend a sell in Rolta India at current market price. The stock had a stellar run since August 17; almost doubling in price from this trough. But there is a conspicuous deceleration in the momentum since the last week of October. A ... More

IMPACT
Strategic win for Puravankara
Makes headway in diversification More

Day Trading Guide
ICICI Bank reversed from the key support at Rs 1,100. Buy the stock with a stop loss at Rs 1,070. Infosys Chart patterns indicate weakness. We retain our sell recommendation.L&T ... More

Select buying lifts Essel Propack
A group of investors is accumulating Essel Propack on expectation of improved financial performance and inorganic as also organic growth. According to market sources, the company this quarter is likely to report better profitability due to two ... More

IMPACT
Acquisition plans to boost Prime Focus revenues
Co in talks with two US-based production entities More

Ole olives
Spain boasts a well-oiled economy rooted in centuries-old, lovingly tended olive groves. More


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