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FIIs net sellers Rs 278cr in F&O on Wednesday
The Foreign Institutional Investors (FIIs) were net sellers of Rs 278.37 crore in futures and options segments on Wednesday.

Airtel not affected by global slowdown
Telecom company Airtel today said it is not affected by the global slowdown as the sector still had growth prospects and that the recessionary trends are showing signs of ending in many countries.

News of the day

Customs duty cut for brownfield power projects
A Union finance ministry notification has extended the basic customs duty concession applicable on equipment for entirely new (‘greenfield’) power projects to expansion (‘brownfield’) of existing units, too.
Management

R-Infra Q3 net up 10% at Rs 277 cr

Anil Ambani Group firm Reliance Infrastructure (R-Infra) today reported a growth of 10.35 per cent in its net profit at Rs 277 crore for the third quarter ended December 31, 2009, over the same period last year. - RNRL Q3 net up 3% to Rs 25 cr - Dadri farmers want more time to return compensation - Ian Lancaster new CEO of Reliance MF"s Malaysian arm - R-ADAG among suitors interested in MGM: WSJ - R-Infra wins Rs 11,000 cr Mumbai Metro-II project - ADAG JV DreamWorks to make movie on Martin Luther However, total operating income declined to Rs 2,287.49 crore for the quarter ended December 31, from Rs 2,717.63 crore in the same quarter previous fiscal, R-Infra said in a filing to the Bombay Stock Exchange (BSE). Shares of Reliance Infrastructure today closed at Rs 1,033.50 on the BSE, down 0.57 per cent from the previous close.


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