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Frontpage > Business
HDFC net up 21%,
Beating analysts’ projections, Housing Development Finance Corporation (HDFC) today cheered its shareholders with a 1:1 bonus issue, and a 21 per cent increase in first-half net profit at Rs 304.45 crore. ...  | Read.. 
 
Wraps off insurance venture
HDFC Chubb General Insurance —the joint venture between HDFC and global non-life insurer Chubb Corporation — roared off ...  | Read.. 
 
Atal rhetoric on reform pace
The Elephant is on the move: it may be slow and ponderous, but when it starts moving it is unstoppable and irreversible. ...  | Read.. 
 
HPCL, BPCL selloff to get delayed
Oil PSUs Hindustan Petroleum and Bharat Petroleum will not be divested in the current fiscal as the Union Cabinet is lik ...  | Read.. 
 
L&T leaps on better offer hopes
The Larsen & Toubro (L&T) stock sizzled today on renewed hopes that the much-expected increase in offer price by the ...  | Read.. 
 
The man and his machine: Yamaha Motor India managing director M. Shibuya at the launch of ‘Libero,’ the four-stroke 106cc bike, in Delhi on Thursday. ...  | Read
Sensex
3006.14
+11.15
 
Stock Indices
BSE-1001493.17(+5.52)
S&P CNX Nifty973.03(-0.03)
Calcutta105.89(-0.06)
GDR455.57(-7.59)
 
 
Bleeding ONGC units face closure
Oil and Natural Gas Corporation (ONGC) is likely to close down some loss-making units — oilfiel..  | Read.. 		 Welcome buzz for BSNL competitors in Andhra Pradesh
It’s either a secret pact with private cellular operators or a feeble stab at creating a level ..  | Read.. 
 
US-64 corpus shrinks as Unit Trust sheds stock flab
Unit Scheme-64, the flagship scheme of the Unit Trust of India, has seen its corpus contract ov..  | Read.. 
 
Ranbaxy net jumps 79% to Rs 159 cr
Ranbaxy Laboratories Limited (RLL) has recorded a 79 per cent jump in net profit at Rs 159 cror..  | Read.. 
 
Centre calls meet to hasten power reforms
Unhappy over the pace of power reforms, the Centre has summoned the finance and power secretari..  | Read.. 
 
RBI meets bankers to take stock of bad debt
The Reserve Bank of India today reviewed how far banks were able to use the Securitisation and ..  | Read.. 
 
Study bullish on infotech budget
India continues to be one of the highest IT spenders and forms 3 per cent of the total IT spend..  | Read.. 
 
Marico Q2 net up 17%
Marico Industries Ltd has posted a 17 per cent rise in net profit at Rs 13 crore for the second qua..  | Read.. 
 
PFC plans Rs 100cr public offer
State-run Power Finance Corporation (PFC), a financial institution that lends to power sector c..  | Read.. 
 
Cognizant Q3 revenues up 35%
Cognizant Technology Solutions (CTS) has recorded a 35 per cent rise in revenues to $61.2 milli..  | Read.. 
 
Petro body to voice oil sector concerns
The oil industry has joined hands to form a Petroleum Federation—PetroFed—that will act as a lo..  | Read.. 
 
AROUND THE GLOBE
American Air Q3 net loss at $ 924 m
American Airlines on Wednesday reported a third-quarter net loss of $ 924 million, despite a cost-c..  | Read.. 
 
Cost cuts boost Merrill profit
Third-quarter profit at Merrill Lynch & Co rose more than expected, the firm said on Wednes..  | Read.. 
 
Apple revenue remains flat
Fighting off a deepening technology recession, Apple Computer on Wednesday reported essentially..  | Read.. 
 
CORPORATE BRIEFS
Sonata Q2 net down 37%
Ashok Leyland
GTB facility
HSL unit
Aptech Ltd
ACC rating
 
Trouble at HLL unit in Calcutta
Citibank plan
Rating blow
Canara rate cut
 
Share Prices
NameBSENSE
HLL176.15
(+1.03)		175.75
(+0.75)
ITC649.35
(+1.01)		650.55
(+0.95)
Infosys3828.08
(+90.65)		3828.05
(+79.00)
Reliance243.08
(+0.02)		243.65
(-0.55)
Wipro1456.85
(-3.09)		1454.85
(-6.75)
Zee87.03
(+1.08)		87.03
(+1.09)
Foreign Exchange
US $1 : Rs 48.04UK £1 : Rs 75.15
Euro : Rs 47.23Yen 100 : Rs 38.98
HK $1 : Rs 6.01SW Fr1 : Rs 31.85
Sing $1 : Rs 26.07Aus $1 : Rs 26.15
Bullion
Calcutta
Gold Std (10gm)Rs. 5290
Gold 22 CaratRs. 4990
Silver bar (1kg)Rs. 7600
Silver PortionRs. 7700
Bombay
Gold Std (10gm)Rs. 5150
Gold 22 CaratNA
Silver bar (1kg)Rs. 7665
Silver PortionNA
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