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Popular Articles

Balanced approach must on stimulus continuity: Pranab
Finance Minister Pranab Mulkerjee today said a balance has to be stuck on the issue of continuity of the stimulus packages.

Ness Tech to scale up India operations
With the key IT outsourcing markets showing positive signs in terms of demand, Ness Technologies which provides R&D services to its global clients from offshore locations, has announced to expand its Indian operations. The company which presently employs close to 3,000 people in India, has announced opening a new facility in SEZ in Bangalore with 300 seats at present to be scaled up to 600 by March 2010.

News of the day

Markets in consolidation mode
It was a day of consolidation. The markets ended flat after trading in a narrow, albeit choppy range, as they attempted to digest the gains of the past two days. The Sensex closed below the dotted line at 17,169, down 28 points, and the Nifty ended at 5,123, up a point.
Small Business

Nasdaq Composite down 3%; Wipro slumps 5%

The US markets on Friday ended on a negative note. The Dow Jones Industrial Average slipped 2% to 10,173 and the Nasdaq Composite Index dropped around 3% to 2,205. All the Indian ADRs barring ICICI Bank ended in the red. Wipro crashed 5% to $21.73 and Satyam slipped 4% to $5.37, respectively. UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit However ICICI Bank was in the green, up below 0.5% at $35.46, respectively.


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