|
|
|
 The proposed All India strike from tomorrow in different steel plants under Steel Authority of India (SAIL) has been postponed following an assurance by the authorities. - Bandh paralyses life in non-Telangana regions of AP - No major strike in "09 but challenges remain for Home Min - AP in a political bind over Telangana in 2009 - Telangana crisis: Five fasting students shifted to hospital - Colgate"s Aurangabad factory hit by strike - Pranab hopeful of resolution of Gorkhaland through talks Centre of Indian Trade Unions" (CITU) state general secretary Bishnu Mohanty said the indefinite strike, which was to begin tomorrow, was postponed following assurance by the SAIL Chairman that the demand of wage revision will be considered in the January 11-12 national joint council meeting.
|
|
|
|
|
 Steel companies SAIL, Tata Steel, Essar, Bhushan and JSW have hiked prices of their products by up to Rs 2,000 a tonne on the back of a rise in demand in the domestic market. - Tata Steel MD terms new year challenging - When the world was not enough - Tata Steel invests Rs 5 cr on Keonjhar sports complex - Steel PSUs" budgetary estimates may be inflated: Panel - Burn Standard"s units may soon get govt nod for sale - Flat steel to cost Rs 1,500/tn more from January 1 The country’s largest steel producer SAIL increased the prices of flat and long products by Rs 1,500, while Tata Steel hiked the rates of flat products by up to Rs 1,500. Bhushan Steel hiked the prices of its long and flat products by up to Rs 2,000 a tonne. Flat steel products are primarily used by the white goods and auto industries, while long products are used in the construction sector.
|
|
|
|
|
 The Sensex is trading at 17,398 - up 38 points. - Gammon India slumps on Kota mishap - Fortis gains on Rs 250cr investment plans - Sensex lacklustre; Sun Pharma down 2% - UTV, Sun shine on talks of new channel - Sensex flat in opening trades - Sensex opens up 40 pts Earlier in the day, the markets had touched its highest in more than a year after re-opening for trade after four days. The Sensex touched a high of 17,442. Reliance Infrastructure has surged 2.7% to Rs 1,130. Bharti Airtel has gained 2% at Rs 327. NTPC, HDFC and Hero Honda have added 1.5% each. ICICI Bank, Tata Steel, Reliance Communications and Tata Power are the other gainers in the market today. However, IT stocks are in the red. Wipro has dropped 1.7% to Rs 682. TCS has slipped 1% at Rs 741. Other losers in the index are ONGC, Sun Pharma and HDFC Bank. The market breadth is positive. out of 2,717 stocks traded 68% have advanced while 29% have declined.
|
|
|
|
|
 As part of India"s efforts to reach out to people of Malawi, Vice President Hamid Ansari today announced an assistance of $55 million for the southern African country. - Ku Klux Klan cartoon in Indian paper angers Australia - US markets end flat; ADRs in green - Durable firms plan price rise by March - Jagdish Bhagwati: Diaspora impact on a changing India">Jagdish Bhagwati: Diaspora impact on a changing India - Global coffee exports dip 7.8% in Oct-Nov - Adityan group takes control of TMB Addressing a banquet held in his honour here, Ansari, who is on a week-long tri-nation visit to Africa, said India would like to extend a Line of Credit of $50 million for Malawi to support its development goals besides giving four million in grants for its agriculture, health and education sectors. The Indian Vice President also announced a grant of one million dollar as emergency relief for the country following a series of earthquakes that caused loss of lives and property there. He said the ties of friendship between India and Malawi are based on same values and commitments.
|
|