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Govt examining economic condition for SCI disinvestment
The government is examining the economic climate for divesting its stake in state-run Shipping Corporation of India (SCI).

SAIL Sales up 14% in Q2
The country’s largest steel maker, Steel Authority of India Ltd (SAIL) today reported 14 per cent growth in its sales at over 3 million tonnes during the second quarter ended September 2009, over the year-ago period. “The company achieved record Q2 sales of over 3 million tonnes, registering growth of 14 per cent over the corresponding period last year,” SAIL said in a statement.

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CLB upholds appointment of H V Lodha in Birla Corp board
New Delhi, Oct 19 (PTI) The Company Law Board today dismissed a petition challenging the appointment of Harsh Vardhan Lodha, son of late R S Lodha, on board of Birla Corporation.
Business Ideas

FIIs net buy Rs 886cr, DIIs net sell Rs 214cr

Foreign institutional investors (FIIs) were net buyers of Rs 885.65 crore (provisional) today, according to data released by BSE. - FIIs net buyers Rs 1,327cr in F&O on Tuesday - FII registrations fall 70% - FIIs pump in Rs 5,400 cr into stock mkts in Nov - FIIs net buy Rs 579cr, DIIs net sell Rs 125cr - FIIs net buyers Rs 1,423cr in F&O on Monday - FIIs net sold Rs 157 crore in F&O on Friday While FIIs made gross purchases of Rs 3,535.72 crore, gross sales totalled Rs 2,650.07 crore. Domestic institutional investors (DIIs) were net sellers of Rs 213.64 crore today. While DIIs made gross purchases of Rs 1,560.79 crore, gross sales totalled Rs 1,774.43 crore. FIIs were net buyers of Rs 2,294.20 crore on Tuesday, December 01, according to data released by Sebi today. While FIIs made gross purchases of Rs 4,533 crore, gross sales totalled Rs 2,238.90 crore. Mutual funds (MFs) were net buyers of Rs 159 crore on Tuesday. MFs made purchases of Rs 786.60 crore and sales of Rs 627.60 crore.


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