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Popular Articles

Shell to transfer jobs to India, Philippines
To reduce costs, global oil major Shell will soon transfer additional office jobs from Houston and elsewhere to India and the Philippines. Royal Dutch Shell has also announced that it would slash 5,000 jobs by the year-end, including ‘hundreds’ in Houston, as part of a sweeping reorganisation new CEO Peter Voser said was needed to make the company more competitive.

Sensex rebounds into positive territory
The Sensex has rebounded into the positive terrain and is now at 16,386, up 32 points.

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 in red in opening trades

The Sensex opened with a marginal positive gap of 23 points at 17,031. However, the index quickly slipped to a low of 16,907- down 102 points. The index has recovered somewhat and is now down 76 points at 16,932. - Hero Honda up 2% on good nos - Market ends volatile day with a 200-point loss - Sesa Goa: Realisations drop - Volatile markets end at day"s low - SAIL slips in spite of FPO plans - Radico Khaitan soars on Q2 net jump The Nifty is down 29 points at 5,034. Jaiprakash Associates has slumped 5% to Rs 243. Tata Motors has shed 3.5% at Rs 543. Larsen & Toubro is down 2.5% at Rs 1,631 ahead of its results. ICICI Bank, Reliance and ACC have dropped 1-2% each. Meanwhile, Infosys has gained 3% at Rs 2,230. Hero Honda, Sterlite, Bharti Airtel and ITC have added over 1% each.


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