Business Daily from THE HINDU group of publications
Wednesday, December 19, 2007
ePaper | Mobile/PDA Version
Commodities (Dec 18)
Gold (per gram) Rs944
Silver (per gram) Rs19.75
Brent crude (per bbl) Rs3,597
Markets (Dec. 18)
BSE Sensex19079.64 (-181.71)
S&P CNX Nifty5742.30 (-37.40)
US Dollar39.58 (+0.18)


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PowerGrid plans foray into entertainment business
In talks with Zee for tie-up; may infuse Rs 2,000 cr for expanding fibre optic network More

Sensex slips further in volatile trading
Mumbai, Dec. 18 Selling pressure continued on the bourses on the second day as FIIs turned net sellers. Benchmark index Sensex dipped 0.49 per cent and closed the day at 19,079.64 losing 181.71 points, whereas S&P CNX Nifty fell ... More

Corporate tax revenues up 42.37% in Apr-Dec 15
Signals robust profit growth for India Inc More

Slew of private jet proposals cleared
More

Google in India’s fast lane; Orkut fast rising search query
INTERNET HITS More

Singur on fast track
More

Reliance foray into fertiliser sector may take longer
Proposal awaits new fertiliser investment policy More

Banks mull measures to curb bulk deposit growth
May cut bulk deposit rates by 25-50 bps in coming weeks More

‘Rising rupee, inflows hit entire industry, not just exports’
PM invites ideas from industry on education More

Positive outlook for major commodities in 2008
Global economic growth to guide base metals More

Setting store by faster and more inclusive growth
More

Pvt telcos seek extension of support from USO fund
Setting up of fixed line phones in rural households More

Altera unveils ‘zero power’ programmable chip for portables
Combines FPGAs ease with Application-Specific Integrated Circuit economies More

Today's Pick: SpiceJet (Rs 69.30)
We recommend a buy in SpiceJet at current market price. From the weekly chart of SpiceJet, we note that it has been on a broad sideways consolidation between Rs 50 and Rs 65 since early June 2007. On December 17, the stock broke out of ... More

Day trading guide
Inline with our expectation, the stock declined in the last session and has penetrated the medium-term up trendline. We reaffirm our sell recommendation.Infosys The stock is pausing at current price levels by ... More

Aviation, hospitality stocks ride high
May maintain winning streak as tourism booms More

Essar Oil, Ispat Ind in limelight
IFCI price, open interest fall More

Lok Housing up on placement buzz
The market buzz around Lok Housing & Constructions suggests that the company is preparing to place a significant amount of shares to certain institutional investors at a substantial premium to the current market price.Attempts by More

Salary increase has least impact on board effectiveness: Survey
Non-executive directors pay up more than 50% in the last 2 years More


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