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SAIL cuts prices by up to Rs 2,000 a tonne
The country"s largest steel maker, Steel Authority of India (SAIL), today said it has cut prices of its long products — used primarily in construction — by Rs 1,500-2,000 per tonne and may further lower the rates if the situation so warrants.
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Tanishq launches festive offer
Tata group"s Tanishq retail chain of stores, launched a special festive contest for its customers in Gujarat today. The offer gives customers the opportunity to win diamond jewellery along with assured gifts on purchase worth Rs 15,000 or more from Tanishq.

News of the day

JD Salinger: An unpublished life
I read Catcher in the Rye again after 21 years… I wanted to understand the nature of JD Salinger’s hold on the teenager who lives on in my middle-aged heart… I think people go back to prison again and again because they find out how easy it is to live behind walls. If you mind your own business, and fight just enough to establish your own space, people don’t bother you much. There’s plenty of time to read and brood; all in all, not a bad place for ducks to spend the winter.”

High on looks, low on power.

Pulsar’s new variant, to be unveiled next week, will retain the looks of a big bike, but the engine will be 135 cc. - Bajaj Auto, Honda sales surge in November - Maruti, Tata Motors lead auto rally - Bajaj motorcycle sales rise 84% in Nov - Market outlook: Bulls to remain in command - Bike sales vroom 32% in Nov - aam-not-khaas/08/43/378289/" class="textMost" title="I"m aam, not khaas">I"m aam, not khaas Bajaj Auto is launching yet another variant of Pulsar, its highest selling bike, next Wednesday.Taken in isolation, it’s no big deal as Pulsar already has four variants with engine capacities of 150 cc, 180 cc and two models of 220 cc. But the latest launch will be significant as India"s second biggest two-wheeler maker is bringing in a huge change in the way Pulsar has been positioned so far. plumbing toronto deals toronto

Tata Chem unveils affordable water purifier 'Swach'.

Aiming to make safe drinking water affordable to rural masses, Tata Group company Tata Chemicals today unveiled a water purifier named Swach under Rs 1,000 price tag and announced Rs 100 crore investment over the next five years for the project. - PE companies resort to salary freeze as investments tank - ABC Paper shelves plan to set up new plant - Panasonic India to invest $300 mn in 3 years - Reaction from double top - GVK Power buys L&T"s 17 per cent BIAL stake - L&T, EADS may send revised JV proposal to FIPB Tata Group Chairman Ratan Tata today formally unveiled the product, which comes in two variants priced at Rs 749 and Rs 999. While launching the Rs 1 lakh car Nano of Tata Motors, he had announced that making safe drinking water affodable to masses was his next objective. waterproofing toronto

Pre-market: Bias still negative.

The markets are likely to open on a flat note this morning on the back of mixed global cues. The indices yesterday attempted a pullback but eventually ended with marginal gains as selling pressure persisted on every rise. The bias is still negative as the Sensex has closed below its recent support of 16,925-16,940. Today, the index may seek support around yesterday"s low below which the index is mostly likely to target 16,200 in the coming days. On the up side the index will face resistance around 17,000-17,050. interactive web design stucco Oakville

Bearish triple top at 5,180.

The market is in a short-term downtrend and should find support between 5,000 and 5,050. - Rs 9.9 lakh highest offer at NID - Bajaj Auto raced ahead on restructuring plans - Bajaj Auto: Obvious move - Bajaj to exit scooter biz - A greener focus is quite profitable, finds Thermax - Hamara Bajaj to fade into oblivion The market trended through a narrow range during most of the week and touched a new 2009 high before sliding on Friday. The Nifty hit a high of 5,182 before dropping to close at 5,117 points for a nominal 0.2 per cent week-on-week gain. The Sensex was also practically unchanged at 17,119 points. The Defty lost 0.5 per cent as the rupee slid. Breadth signals were poor. Declines slightly outnumbered advances and volumes were low. FIIs were moderate buyers while domestic institutions were moderate sellers. The BSE-500 lost marginal ground and so did the BSE-Midcaps. window installation toronto