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Markets open in the green
The Sensex is quoting at 17,013, higher by 30 points and the Nifty is at 5,076, up 9 points.

Govt mulls leasing sick units under PPP
Eyes 90-year, revenue-sharing contract for eight fertiliser units.

News of the day

DTH sparks new row between producers and multiplexes
A new battlefront has opened between multiplexes and big banner production and distribution houses. Ignoring the revenue concerns of the multiplexes, Reliance Big Pictures, Percept Pictures, UTV Movies and Dharma Productions want to release their new films on direct-to-home (DTH) television shortly after their release on theatre screens.
Management

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. - NEWSALERT: Voltas director Kulkarni retires - Tata Capital to raise Rs 2,100 cr by end of next fiscal - Advance tax collections shore up in Q2 - Tata Chemicals to expand edible salt production capacity - 'We do not want to compete in terms of numbers' - "We do not want to compete in terms of numbers" Tanishq currently has 117 exclusive boutiques in 78 cities. Talking about its Gujarat plans for the year, Parvesh Debuka, regional business executive, said, "We are planning to open two stores in Gandhidham and Anand by March 2010. Besides renovations, we are planning to enter smaller towns once the markets open up. We have set a growth rate of 30 per cent for Gujarat, which is in line with the current growth rate.”


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