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HC asks govt, NACIL to file reply on AI-IA merger
The Delhi High Court today directed the government and the National Aviation Company of India (NACIL) to file their reply on a petition challenging the merger of two state carriers Air India and Indian Airlines.

Lawmakers oppose Obama proposal to fund IMF
Two Democrat Congressmen today appealed to their colleagues in the US Congress to oppose the Obama Administration"s proposal to fund $108 billion to the International Monetary Fund.

News of the day

Make land losers stakeholders in development: Nirupam
Having learnt its lessons from the land acquisition experiences in Nandigram and Singur, the West Bengal government today urged the industry to make land losers stakeholders in the development process.
Business Ideas

FIIs net buy Rs 367cr, DIIs net sell Rs 287cr

Foreign institutional investors (FIIs) were net buyers of Rs 366.81 crore (provisional) today, according to data released by BSE. - FIIs net sellers Rs 1,658cr in F&O on Wednesday - FIIs up stake in top sugar firms - FIIs net sell Rs 169cr, DIIs net buy Rs 126cr - FIIs net sellers Rs 670cr in F&O on Tuesday - Domestic institutions net buyers of Rs 448 cr - FIIs net buyers Rs 249cr in F&O on Monday While FIIs made gross purchases of Rs 4,759.84 crore, gross sales totalled Rs 4,393.03 crore. Domestic institutional investors (DIIs) were net sellers of Rs 286.67 crore today. While DIIs made gross purchases of Rs 1,962.92 crore, gross sales totalled Rs 2,249.59 crore. FIIs were net buyers of Rs 139.10 crore on Wednesday, July 29, according to data released by Sebi today. While FIIs made gross purchases of Rs 2,851.70 crore, gross sales totalled Rs 2,712.60 crore. Mutual funds (MFs) were net sellers of Rs 292.30 crore on Wednesday. MFs made purchases of Rs 869 crore and sales of Rs 1,161.30 crore.


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