Business Daily from THE HINDU group of publications
Wednesday, February 20, 2008
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Commodities (Feb 19)
Gold (per gram) Rs1,086
Silver (per gram) Rs24.40
Brent crude (per bbl) Rs3,764
Markets (Feb. 19)
BSE Sensex18075.66 (+27.61)
S&P CNX Nifty5280.80 (+3.90)
US Dollar39.94 (+0.15)


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Spot rupee slides; dollar sticky in the forwards
FII outflows seen putting pressure on domestic currency More

ABB net up on robust order inflows
New Delhi, Feb.19 Buoyed by robust order inflows and a strong showing by power and automation businesses, ABB Ltd has reported a 34-per cent jump in net profit at Rs 180.79 crore for the quarter ended December 31, 2007. The total income ... More

Signs of revival in primary market
This week’s IPOs sail through; retail interest subdued More

Bank strike: Conciliatory talks on Friday
New Delhi, Feb. 19 A final decision on whether bank employees would go ahead with their planned two-day strike on February 25 and 26 is likely to emerge only after Friday, the day on which conciliatory talks are now proposed to be held ... More

A different ball game for cricketers
PLAYER AUCTION More

Unveil your dream Budget 2008
Business Line invites you to tell the Finance Minister your Budget expectations.

Send in your Budget wish list (in about 200 words) to More

Ford to source small car engines from Chennai plant
Endeavour Thunder Plus launched; priced at Rs 17.32 lakh More

Banks told to reschedule poultry loans
More

Ranbaxy board okays de-merger of R&D unit
Swap ratio at 4:1; new entity called Ranbaxy Life Science Research More

Industry seeks ministry for business outsourcing
Wish list includes removal on FBT on stock options More

Alternative energy: China taking the wind out of India’s sails
More

Motor pool may end year with profits
Despite lower yield compared to rest of non-life segment More

TODAY'S PICK[Latest Today's pick audio]
ACC (Rs 789.45): Buy
We recommend a buy in ACC from a short-term perspective. It is clearly evident from the charts of ACC that the stock has been on a downtrend from its life-high of Rs 1,315 touched in mid October 2007. The stock found support at the key long-term ... More

Ranbaxy R&D spin-off
Cost savings may be factored in More

Day Trading Guide
The stock is still testing 50-day moving average at Rs 1,224 and has formed a doji candlestick pattern in the last session (indicating neutral stance). Trader can avoid trading in this counter for the session. Infosys ... More

ABB sustains growth momentum
Margins expand on variable price contracts More

Reliance Power alleges manipulation
Reliance Power Ltd, which was listed on bourses below its offer price has, alleged that there has been pre-meditated manipulation of its shares. RPL, an Anil Ambani group controlled company, has requested the market regulator SEBI to ... More

Budget hopes boost consumer durable stocks
Growth in sales adds to upward momentum More


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