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Sugar prices in U'khand touch all-time high
Prices of sugar in Uttarakhand have reached an all-time high of Rs 42-44 per kg in the retail market, thanks largely to sugarcane shortfall.

Sensex may find support at 16,400
Despite the 2.72 per cent-correction last week, the Nifty managed to close above its trendline support on Friday. The index ended the week with a loss of 138 points at 4,945. Although, the Nifty has ended marginally below its short-term (20-day) Daily Moving Average (DMA)of 4,957, the index ended above its trendline support around 4,920.

News of the day

Krishna talks resettlement with Lankan foreign minister
External Affairs Minister S M Krishna met his Sri Lankan counterpart Rohitha Bogollagama here and discussed the issue of resettlement of over 280,000 internally displaced persons in the island nation.
Management

Mahindra Satyam to appoint 1,000 freshers by Dec 15

IT company Mahindra Satyam plans to appoint 1,000 freshers by December 15, a top company official said. - Satyam rebounds, ends up 3% - No special favour given to Mahindra Satyam: Khurshid - Mah Satyam to repay funds of Geelong project - Satyam gets notices for Rs 1,230 cr worth claims - Mahindra Satyam to explore New Zealand market with Gen-i - Mahindra Satyam joins Symbian Foundation "The process is on and we will give appointment letters to 1,000 freshers out of the 8,000 selected during campus recruitment by December 15," Mahindra Satyam"s Chief People Officer Hari Thalapalli told reporters on the sidelines of a conference here today. He, however, said that the company might not call all of the remaining 7,000, who got selected during campus recruitment. Asked if employees at Mahindra Satyam have been given any hike or if a hike was on the cards, Thalapalli refused to comment.


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