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PricewaterhouseCoopers makes a new beginning, with caution
Vishesh Chandiok, the national managing partner of Grant Thornton India, now spends a lot of time while signing on new clients. He runs thorough background checks on any new company that comes to him – is the management too aggressive, what is its attitude towards financial reporting? Even old clients who want to renew the contract are put through the tests. “In the last one year, we have dropped 15 clients,” says Chandiok. “Some of them for this reason.”

Uttam Galva hits upper circuit on open offer
The stock price of Uttam Galva Steels today hit the upper circuit on the stock exchange after ArcelorMittal, the largest steel maker in the world, said it would make an open offer to buy an additional 29.4 per cent stake in the company from the public at Rs 120 a share.

News of the day

Talks on Telangana continue
Congress likely to continue consultations with various interest groups and political parties.
Small Business

Jubilant ends flat after gains in early trades

The stock touched a high of Rs 174 and a low of Rs 165. It finally ended flat at Rs 167. The counter clocked a volume of 39,967 share on the BSE today. _______________________________________________________ UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit The stock today opened at Rs 168 and touched a high of Rs 173.50. The stock is currently trading at Rs 172, up 2.5%. Around 18,422 shares have been traded on the BSE as compared to the two-week daily average traded volumes of 43,847 shares.


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