Popular Articles

Adityan group takes control of TMB
The long suspense over control of the Tamilnad Mercantile Bank (TMB) ended on Thursday, with the Sivanthi Adityan-led group filling nine of the 10 elected posts on the 13-member board of directors.

Future Group to launch more private labels: Biyani
Kishore Biyani-promoted Future Group is expanding its private labels in various categories with plans to launch more products in new segments, such as toothpaste, as part of plans to become a Rs 25,000 crore conglomerate by 2013-14.

News of the day

Karnataka keen on PPPs
The Karnataka government is in the process of inviting more private players to increase public-private-partnership (PPP) in the state. This will be extended to sectors like Railways, which has not seen much projects as PPPs so far.
Corporate

Asian market ends positive; Shanghai Composite Index up 2%

Asian markets ended on a positive note. - Hindalco: A timely placement - Global weakness drags down markets - Investors should be made aware of risks: Bhave - Asian markets end in the red - US markets surge on homes sales data - ITC flares up to 52-week high The Hang Seng advanced 189 points to 22,612. The Nikkei added 41 points at 9,441. The Shanghai Composite Index increased 66 points or 2% at 3,290. The Straits Times, the Seoul Composite and the Taiwan Weighted Indices were up 0.5% each at 2,791, 1,612 and 7,756, respectively. ____________________________________ (Updated at 0832hrs) The Asian markets continue to trade firm. Nikkei is up 50 points at 9,451. The Taiwan weighted has jumped 41 points to 7,756. The Shanghai Composite has added nine points to 3,232, Straits Times has put on 4 points at 2,748 and Seoul Composite has gained three points to 1,610. Hang Seng is the only exception, down 41 points at 22,38. --------------------------------------------------------(Updated at 0850 am) Asian markets are in green this morning. The Hang Seng has added 44 points to 22,467. The Nikkei is up four points at 9,405. Japan"s growing exports have helped ease the recession worries. The Taiwan weighted has jumped 47 points to 7,762. The Shanghai Composite and the Straits Times have added nine points to 3,232 and 2,789, respectively. However, the Seoul Composite has dipped four points to 1,602.


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