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| Wednesday, December 06, 2006 |

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Sensex doffs hat to 14000

The sensex stormed past 14000 — its fifth milestone this year — as it continued to confound the pundits with its gravity-defying antics in a year that has shoved more notional money into investors’ wallets than ever before. ... | Read..

Import duty faces axe in price fight

The government is considering cutting import duties to cool down prices within the country. This comes in the wake of the in ... | Read..

FDI flow to soar in air cargo

The government plans to increase foreign direct investment ceiling in air cargo and helicopter businesses from 49 per cent t ... | Read..

Ruias up stake in Essar Oil

The Ruias of the Essar group have marginally raised their stake in Essar Oil Ltd. Entities controlled by the promoter group ... | Read..

Fortis pre-IPO fetches $33m

Fortis Healthcare, part of the Ranbaxy group, has issued 1.19 crore shares to Quantum and Blue Ridge for an aggregate amount ... | Read..

Sensex doffs hat to 14000

Exchange	NSE	BSE

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Indian depository receipts on way

Come 2007, the Indian stock markets could see foreign companies raising funds through Indian deposi.. | Read..

Zen Estilo takes bow

Maruti Udyog Limited has reinvented the Zen as the Zen Estilo to take on new competitors in the com.. | Read..

CSN ends recce of Corus, bid

Brazilian steelmaker Companhia Siderurgica Nacional (CSN) has completed due diligence on its UK ta.. | Read..

Govt tab on gas prices

Natural gas producers like Reliance Industries and Gujarat State Petroleum Corporation will have to.. | Read..

Funds raised from AIM cross $ 1 bn

London’s Alternate Investment Market (AIM) is turning out to be a happy hunting ground for com.. | Read..

Sun makes it big in the East

Sun Microsystems India is gaining ground with developers in the east... | Read..

Power trade bar on Gridco

The appellate tribunal for electricity has directed state-owned power utility Gridco to stop inter-.. | Read..

TN embraces VAT, finally

Left with no option after the threat by manufacturers to stop investing further in the state, Tamil.. | Read..

Ispat plans capex of Rs 8,000 cr

Ispat Industries Ltd today announced an investment of over Rs 8,000 crore in expanding its steel-m.. | Read..

Cairn counts Rajasthan oil gains

Oil explorer Cairn India’s oil discovery at Barmer, Rajasthan, is likely to make the company a.. | Read..

Royalty on coal set

The recommendations of the committee constituted by the coal ministry on the issue of revision of r.. | Read..

AROUND THE GLOBE

China to open up insurance from 2007

China today promised to honour its pledge to the international community in opening up its insuranc.. | Read..

Tesco sales meet forecast

Britain’s biggest retailer Tesco Plc met forecasts on Tuesday with a slower rise in UK sales i.. | Read..

STOCK MARKET

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No car recalls: Maruti

Bullion

Bombay
Gold Std (10gm)	Rs. 9360
Gold 22 Carat	Rs. 9315
Silver bar (1kg)	Rs. 20480
Silver Portion	NA
Calcutta
Gold Std (10gm)	NA
Gold 22 Carat	NA
Silver bar (1kg)	NA
Silver Portion	NA