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Deccan Herald » Business
Sensex rolls down on profit selling  
The benchmark Sensex fell by over 178 points in early trade on the BSE today following heavy profit selling by funds.
ECONOMY / Rupee resting in uneasy terrain
No fears of any flight by foreign funds: FM  
Stating that the rupee value is being fuelled by steep inflows of foreign funds, Finance minister P Chidambaram said, "The rupee is in a zone which is not (a) comfort zone at the moment. We are constantly monitoring the situation... We must find ways to manage competitive exchange rate without hurting investments."
STOCK SURGE
Speculators are spurring Sensex, feels Chidambaram  
"To some extent speculators are taking advantage of the rise in the Sensex... Things will cool down," Finance Minister P Chidambaram said.
RIL plans $9 b spend on petroleum sector  
RIL will enhance capacity to 4.5 million tonnes per annum (mtpa) in two phases at Jamnagar from 1.9 mtpa now to grab 15 per cent of the global market of paraxylene, used for making plastics and polyester.
SC relief for Irani after 28 years  
The Supreme Court, on Thursday, stayed all the criminal proceedings against former Tata Steel (erstwhile Tata Iron and Steel Co) joint managing director and Tata Sons Director JJ Irani in connection with a fire incident in the company's Jamshedpur factory some 28 years ago.
SBM deposit holders get SBI Life cover
Sliding inflation hoists interest rate cut hopes
Oracle bids $6.7 b for BEA as CEO Ellison eyes growth thru buyouts
Sensex snaps winning streak
Philips innovation event in City soon
Industrial production slows down
AT A GLANCE
Managing Director Exclusive Motors-the Indian partner of Bentley Motors, Satya Bagla (L) talks with British High Commissioner to India Richard Stagg (C) as Regional Director, Bentley Motor cars, Middle East, Africa and India, Ian Gorsuch (R) looks on during a launch ceremony in New Delhi on Friday. UK-based luxury car major Bentley Motors launched its two super-luxury cars in convertible motors' segment in India. AFP PHOTO
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    Market Notes
    Gold (Bangalore) (10gm) 9,736
    Silver (per kg) 18,800
    Gold (Mum)(10gm) -
    US dollar * 39.53
    Pound * 81.00
    Euro * 56.58
    *Price at which Banks sell
    DH Forum
    Prez rule in State
    Was President’s rule the best option in Karnataka? Or should the political parties continue to explore the possibility of forming another coalition government?
    We invite our readers to give their opinion.

    Responses may be sent to Deccan Herald, No 75, M G Road, Bangalore - 560001   or e-mail: editordh@deccanherald.co.in latest by 2 pm on Saturday. A selection of responses will be published in Sunday’s edition.
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