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Popular Articles

UN chief urges world climate deal by year's end
UN chief Ban Ki-moon has pressed world leaders to publicly commit here next week to reaching a global climate change deal in Copenhagen in December.

Aricent to increase headcount by 15 per cent
Global outsourcing and innovation company Aricent plans to increase its global headcount by 10-15 per cent in the current fiscal. Of this, around 70-80 per cent will be in India.

News of the day

Sunil Jain: In the black
- Parsvnath Q2 net up three fold to Rs 61.43 cr - Banco Products net up 99% at Rs 21-cr - Indusind Bank Q2 net zooms 131% at Rs 77.8 cr - HDFC Bank Q2 net jumps 30% at Rs 687.46 cr - Mid & small-cap firms to see single-digit growth - Geojit BNP Paribas Q2 net zooms 150%
Corporate

Siemens softens despite bagging contract

Siemens closed at Rs 571, down by 2.5% or Rs 14 on the BSE. The stock opened at Rs 590 and touched a high of Rs 605 and a low of Rs 565 during the day. A total of 272,659 shares were traded on the BSE as against the 2-week average of 109,271 shares. __________________________________________________ FIIs net bought Rs 737 crore in F&O on Monday F&O OUTLOOK: Downside limited from current levels US markets end in the green A consortium of Siemens and parent Siemens AG has won an export order from Ezdab Real Estate QSC, Doha in Qatar for setting up 220/66 kilovolt (KV) and three 66/11 KV substations at Ezdan international housing project in Qatar. The project work involves designing, engineering, installation and commissioning of substations and associated electrical network. The contract value for Siemens is Rs 342 crore and Siemens AG is Rs 61 crore. The project will be commissioned by January 2011.


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