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Popular Articles

ISB launches Idiya
The Indian School of Business (ISB) has launched ‘ISB Idiya’, an initiative to promote social ventures from working professionals. The competition is not open to students who are pursuing any full time programme. It would offer mentorship and entrepreneurial training to select candidates.

SC upholds law on office of profit
The Supreme Court today upheld an amendment exempting some posts from the purview of the office of profit law that was enacted three years ago in the midst of a controversy in the aftermath of the disqualification of Samajwadi Party MP Jaya Bachchan.

News of the day

Aricent to increase headcount by 15 per cent
Global outsourcing and innovation company Aricent plans to increase its global headcount by 10-15 per cent in the current fiscal. Of this, around 70-80 per cent will be in India.
Business Ideas

Markets extend losses on Asian cues

After a weak opening today, the Indian markets have extended losses on subdued cues from Asian peers. The Sensex has dropped further to a low of 16,706 - down 160 points from the day"s high. The index is now down 134 points at 16,726. - Gujarat NRE up on 100% jump in Q3 net - Crompton Greaves gains on plans of bonus issue - Markets down in early trades - Nifty below 5,000 in opening trades - Tech view: Markets likely to open weak - Downside breakout could test 4,800 The Nifty is down 46 points at 4,991. Most indices, barring PSU, are in the red today. The IT index has dropped 2% to 5,091. The realty, bankex and consumer durables indices are down over 1% each. Jaiprakash Associates has shed 3% at Rs 423. HDFC Bank has dropped 2.5% to Rs 1,635. DLF has declined 2% to Rs 346. Infosys and Tata Steel have slipped 1.8% each. Reliance Communications, ICICI Bank, Sterlite, Tata Power and TCS are the other major losers in the Sensex today. On the other hand, Hindalco has gained 1.5% to Rs 164. Maruti Suzuki has added 1% to Rs 1,452 on a good Q3 number. The BSE market breadth is negative. Out of 2,497 stocks traded 1,532 have declined while 908 have advanced.


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