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'We stand revived, merger not on our mind'
BS Reporter / December 8, 2009, 0:19 IST

Villgro to host B-plan contest for rural growth
With an aim provide innovative products, services and solutions to the rural poor, Villgro, a social enterprise incubator is set to launch "Wantrapreneur 09" Business Plan Competition, which challenges entrepreneurs to come out with innovative technology, solutions (products / services) with direct application at the rural level.

News of the day

Sunil Jain: Labour's litany
If policy-makers are worried about employment, it is not without good reason. Even though employment growth is rising, labour intensity is falling, suggesting that the growth is not as permanent as you"d like. The usual policy response to this would be to give a boost to traditional labour-intensive industry but, as a paper by Deb Kusum Das, Deepika Wadhwa and Gunajit Kalita (all at ICRIER) brings out, labour intensity levels have gone down quite dramatically in even traditionally labour-intensive industries.
Management

Sensex near day's high

The Sensex is now at 16,962, up 85 points. The Nifty is at 5055- up 22 points. ____________________________________________ Asian markets end flat Ruchi Soya Q3 net rises 253% to Rs 40 cr NTPC may miss 3,300 MW capacity addition target in FY"10 Nano City may have foreign partner soon Tata Motors has soared 3% to Rs 707. Bharti Airtel and Mahindra & Mahindra have advanced around 2% each to Rs 322 and Rs 1,035, respectively. Sun Pharma, TCS, HDFC Bank, Wipro and Infosys have added over 1% each. On the other hand Jaiprakash Associates and Hindustan Unilever are down 1% each at Rs 219 and Rs 263, respectively. The market breadth has turned positive, out of 2,731 shares traded, 1,377 have advanced and 1,275 have declined so far on the BSE.


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