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Cong-JVM (P) combine leads in Jharkhand polls
The Congress-JVM(P) alliance was leading in 20 seats and the BJP-JDU combine was ahead in 19, according to trends available for 70 seats in the 81-member Jharkhand Assembly.

MP govt invites bids for IT park again
After making three futile attempts to sell the controversial Crystal IT park, the only IT-specific SEZ in Madhya Pradesh, the state government has again invited tenders for a co-developer.

News of the day

Six in top-10 club add Rs 28,000 cr in market cap
As many as six among the top 10 firms added over Rs 28,415 crore to their market capitalisation in the past week, while companies like NTPC, NMDC and IT bellwether Infosys Technologies saw their valuations dipping.
Business Opportunities

SAIL, NMDC disinvestment proposal to go to Cabinet in Dec

The proposal to divest government"s stake in SAIL and NMDC is final and would be sent to the Union Cabinet next month for approval, Union Steel minister Vir Bhadra Singh said today. Sensex ends up 35pts The steel ministry has approved the disinvestment proposal, which has also received in-principle approval of the disinvestment department of the finance ministry. Asked whether disinvestment in the two Navaratna PSUs would take place in the current financial year, Singh said, "We will try to do something this fiscal." The minister said the follow-on public offer (FPO) in SAIL would be a combination of 10 per cent dilution of the government’s equity and 10 per cent issue of additional shares. On steel production in the country, Singh said this year total production of steel would be 60 million tonne and the production target for 2011-12 would be 124 million tonne.


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