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FII-TO-FII TRADES: PNB traded at 4% premium
Trades between FIIs generated a volume of Rs 75 crore on the BSE Friday-an increase of 33.49% from Rs 56 crore clocked on Thursday. As many as eight stocks witnessed trades of 13 lakh shares on Friday.

Tata Sky tunes in to the power of plus
The second largest DTH player is way behind the market leader in subscriptions. But it is pushing value-added services to maintain its leadership in average revenue per user

News of the day

Bhupesh Bhandari: Korea's nuclear bomb
Some time in the summer of 1997, LG had thrown a party in Delhi. The Korean chaebol had set up shop in the country and was in a mood to celebrate. It had earlier joined hands with C K Birla but the joint venture fell through even before it could start. Globally, it had gone through a brand makeover from Lucky Goldstar to LG. It was now ready to have a go at India. At the party, K R Kim, the head of LG in India, took a few guests aside and said he knew how to make a nuclear bomb. The nasal voice was little more than a whine. Before anybody could ask how, he called a bearer, mixed whiskey in beer and handed it over to the guests — enjoy the nuclear bomb!
Management

Essar Oil gains on retail revamp move

Essar oil gave up some of its gains and finally settled at Rs 140, up around 2% from the previous close. The counter witnessed heavy trades of 658,518 million shares as compared to 248,533 million shares. _________________________________________________ 55 countries pledge mitigation targets to UN BSNL employees seek PM"s help; demand change in mngt Siemens to invest Rs 1600 cr in India The stock opened at Rs 139 and surged to a high of Rs 142 - up 4% from the previous close. It is now up 3% at Rs 141. Around 582,722 shares have been traded on the BSE so far. The company has enhanced facilities through tie-ups at 1,250 outlets. It has already tied up with Tata group firm Rallis, National Seeds Corporation and Amul for strengthening the added facilities at rural outlets. : Essar Oil revamping its retail fuel outlets


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