Business Daily from THE HINDU group of publications
Monday, April 21, 2008
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Commodities (April 19)
Gold (per gram) Rs1,104
Silver (per gram) Rs25.40
Brent crude (per bbl) Rs4,560
Markets (April 17)
BSE Sensex16481.20 (+237.01)
S&P CNX Nifty4958.40 (+71.10)
US Dollar39.94 (-0.05)


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Company Law Board may get powers to revive sick units
New Bill likely to propose transfer of BIFR jurisdiction to CLB More

No cement export ban on supplies to SEZ units
Cement supplies to units in special economic zones (SEZ) can continue unimpeded, with the Commerce Ministry now clarifying that the recently imposed ban on cement exports will not apply for such supplies.The Government had banned cement ... More

ICICI Bank hikes auto loan rates; others may follow
More

Iron ore exporters may face Rs 4,600 cr extra duty burden
New Delhi, April 20 There could be an additional burden of over Rs 4,600 crore in the form of export duty on iron ore in case the Government adopts the Steel Ministry-proposed “revenue neutral” model to bring down steel prices. ... More

Foreign equity infusion in Hero’s single brand retail venture okayed
FIPB overrules Revenue Department’s objection More

Volatile equity markets make structured products attractive
Mumbai, April 20 As equity markets become increasingly volatile, there is more demand for structured investment products from high networth investors (HNI), as these offer relatively more stable returns. Structured products are good for ... More

CRR hike may not have any negative impact
Sentiment is yet to turn bullish in the medium-term perspective More

TODAY'S PICK (Latest Audio: English/Tamil)
Shipping Corporation (Rs 220.50): Buy
We recommend a buy in Shipping Corporation of India. From the chart of Shipping Corporation of India we see that after a steep decline from its resistance level of Rs 330 in mid-January 2008, the stock found support at around Rs 200. Since ... More

Day Trading Guide
More

Office@home
Telecommuting is gaining ground, slowly, as tech companies open up to the benefits of allowing employees to work from home. More

Short-term weakness in gold likely
Long-term prospects look bright More

Wipro: Offers made to 17,500 freshers
Chennai, April 20 Wipro Technologies has made close to 14,000 offers to fresh engineering graduates in the current year and would be bringing on board another 3,500 Bachelor of Science graduates. “The bulk of our hiring would be ... More

Consumer durable firms feel the heat of rising steel costs
May hike prices by 4-7%; mull use of composite alloys More

Central education institutes asked to implement OBC quota
Cut-off marks for selection to be decided individually More

NTPC-SAIL’s Bhilai power project unit goes on stream
New Delhi, April 20 The first 250-MW unit of the Bhilai expansion thermal power project of NTPC-SAIL Power Company Pvt Ltd (NSPCL) was commissioned on Sunday by the Minister of State for Commerce and Power, Mr Jairam Ramesh. NSPCL is a ... More


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