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India Inc recognising climate change risks: report
India Inc has started recognising the risks associated with climate change, with the software and services sector taking the lead in monitoring their emissions and formulating plans for reducing carbon footprint, according to a survey released today.

SAIL, ONGC, IOC, NTPC may get Maharatna tag
Four public sector giants — ONGC, Steel Authority of India Ltd (SAIL), Indian Oil Corp (IOC) and National Thermal Power Corp (NTPC) — were likely to get in next ten days the Maharatna status, which would empower these Public Sector Undertakings (PSUs) with greater autonomy, a top government official said today.

News of the day

Evidence of Krishna
- T N Ninan: Failing capitalism">T N Ninan: Failing capitalism - BJP, JD(S) win two seats each in bypolls - IT/ITeS firms operating income grows 15% - Non-basmati export ban hits organic farmers in Kerala - IDBI Bank yet to begin Rs 13,000 cr syndication for RPower - BHEL Trichy eyes Rs 10,000 cr turnover
Public Company

Top 10 firms lose Rs 40,000 cr last week

The top 10 companies saw their market capitalisation dipping by over Rs 40,000 crore last week with NMDC losing the most. - PSU investors wealth surges Rs 1.89 lakh cr last week - 7 of top-10 firms lost Rs 69,000 cr last week - ING MF declares 20% dividend for ING CUB Fund - Investor wealth soars by Rs 4.33 lakh cr in Sept - Investors gain Rs 25 lakh-cr in just five months - Top 8 cos add Rs 23,000 cr last week State-run NMDC saw a whopping Rs 7,869.93 crore decline in valuation for the week ended September 28. While, the country"s most valued firm Reliance Industries (RIL) lost Rs 4,458.27 crore from market valuation taking its total m-cap to Rs 3,44,729.38 crore at the end of the week. RIL"s m-cap stood at Rs 3,49,187.65 crore for the week ended November 21. Next comes ONGC which saw its valuation dropping by Rs 203.20 crore to Rs 2,49,862.79 crore. Trailing behind, power producer NTPC and trading behemoth MMTC together lost a total of Rs 8,097.75 crore. The total valuation of NTPC declined to Rs 1,71,464.34 crore and MMTC"s to Rs 1,70,057.25 crore. The country"s largest iron ore miner NMDC witnessed a decline of Rs 7,869.93 crore taking its total market valuation to Rs 1,56,486.71 crore. Both top outsourcing firm Tata Consultancy Services (TCS) and power equipment maker Bharat Heavy Electricals (BHEL) lost Rs 5,896.82 crore from their valuations. The total market valuation of TCS declined to Rs 1,31,445.55 crore and BHEL"s to Rs 1,09,057.71 crore. Private telecom services provider Bharti Airtel"s total m-cap declined by Rs 1,936.39 crore to Rs 1,07,697.37 crore at the end of the week. Meanwhile, the 30-share index Sensex fell 2.29 per cent or 389.84 points to close at 16,632.01 points on the Bombay Stock Exchange (BSE) at the end of the Friday"s trade. The market capitalisation of largest public sector lender State Bank of India (SBI) declined by Rs 5,920.26 crore to Rs 1,42,371.84 crore and IT bellwether Infosys Technologies" by Rs 5,687.33 crore to Rs 1,33,486.1 crore.


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