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Popular Articles

ISB launches two initiatives to promote student entrepreneurs
Hyderabad-based Indian School of Business (ISB) has launched two new initiatives in an effort to encourage entrepreneurship among students. ISB’s Wadhwani Centre for Entrepreneurship Development (WCED) has launched the Entrepreneurs Development Initiative (EDI) and Planning an Entrepreneurial Venture (PaEV) to incubate and promote entrepreneurial ventures by students.

Sea Trans moves London court against owner of sunken vessel
Sea Trans Marine Private Ltd, a Kolkata-based shipping agency has filed a case in an international court in London against the owner and management company of the vessel Black Rose, which capsized near Paradeep port a month back.

News of the day

Time not ripe for mergers: Chakrabarty
A week after the government met select public sector bank chiefs to discuss consolidation, Reserve Bank of India Deputy Governor KC Chakrabarty reiterated again that the time was not ripe for such a move.
Small Business

Markets firm in morning trades

The markets have opened in the positive, mirroring the gains in the US and firmness across Aia. The Sensex is quoting at 17589, higher by 103 points and the Nifty is at 5254, up 29 points. - Rupee down 10 paise at 45.91/$ - Markets remain firm - US markets end firm - Jaiprakash Associates: Strong numbers - Sensex falls 155 points on weak global cues - Market likely to remain in corrective mode The Dow added 115 points and the Nasdaq gained 32 points overnight. And the Asian indices are largely in the positive. Bharti is the leading gainer on the Sensex, strengthening by 1.4% at Rs 324, and Reliance Infrastructure has added 1.3% at Rs 1137. The IT stocks are up, thanks to the Wipro effect. Wipro is trading up by 1% at Rs 746, while Infosys is trading higher by 1.1% at Rs 2667 and TCS has gained 0.6% at Rs 785. Wipro reported a 21.3% rise in its Q3 consolidated net profit to Rs 1,217.40 crore for the quarter ended December 2009 against Rs 1,003.90 crore in the corresponding quarter of the previous year. On the other hand, Hero Honda has weakened 1.1% at Rs 1652, Sun Pharma has shed 0.5% at Rs 1480 and L&T has lost 0.2% at Rs 1639. The market breadth is strong. Out of 1726 stocks traded on he BSE, there are 1365 advancing stocks as against 322 declines.


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