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Markets ignore IIP data, end in red
The markets opened on a flat note today and slipped into red almost immediately. Strong IIP numbers helped the index rebound into the green to touch a high of 16,897. The market, thereafter, turned volatile on the back of global cues, ignoring the earlier gains.

India Inc's staff cost grew slower in Q4 of last fiscal
India Inc"s staff cost went up by 11.2 per cent during January-March last fiscal growing at a lesser pace than the previous three quarters of 2008-09, reflecting the economic slowdown, according to a Reserve Bank of India (RBI) study.

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Bank of Baroda to boost India-UAE investment flow
Bank of Baroda (BoB) has launched an initiatives to facilitate two-way flow of investments between India and the UAE, a senior bank offical has said.
Business Opportunities

Ranbaxy pares early gains, ends flat

The stock ended flat at Rs 410 and clocked volumes of 201,186 shares at the counter on the BSE. __________________________________ (Updated at 1128hrs) Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit The stock opened at Rs 411 and soared to a high of Rs 419, up around 2% from the previous close. The stock is now marginally at Rs 414. The counter has clocked volumes of 65,997 shares as compared to the two-week daily average traded volumes of 414,369 shares on the BSE. Click here to read more: Ranbaxy gains WHO pre-qualification for Indinavir - 400mg ARV capsules


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