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Jaiprakash Q3 net down 39% at Rs 103 cr
Jaiprakash Associates posted a 38.9 per cent decline in its net profit at Rs 103.02 crore for the third quarted ended December 31, 2009.

Vodafone picks on Tata Tele, RCom over spectrum fee
Mobile operators are clashing yet again over the fee paid for spectrum (air-waves) with Vodafone claiming that Tata Teleservices and RCom were paying far less to the government - a charge denied by the two companies.

News of the day

CO2 emission by Indian power plants increases
In what could be an embarrassment for India at the ongoing Copenhagen climate change negotiations, government data reveal that the rate at which Indian power plants emit carbon dioxide (CO2), which has been on a decline for many years, has increased.
Business Opportunities

Lacklustre trade continues

The Sensex is trading at 17,398 - up 38 points. - Gammon India slumps on Kota mishap - Fortis gains on Rs 250cr investment plans - Sensex lacklustre; Sun Pharma down 2% - UTV, Sun shine on talks of new channel - Sensex flat in opening trades - Sensex opens up 40 pts Earlier in the day, the markets had touched its highest in more than a year after re-opening for trade after four days. The Sensex touched a high of 17,442. Reliance Infrastructure has surged 2.7% to Rs 1,130. Bharti Airtel has gained 2% at Rs 327. NTPC, HDFC and Hero Honda have added 1.5% each. ICICI Bank, Tata Steel, Reliance Communications and Tata Power are the other gainers in the market today. However, IT stocks are in the red. Wipro has dropped 1.7% to Rs 682. TCS has slipped 1% at Rs 741. Other losers in the index are ONGC, Sun Pharma and HDFC Bank. The market breadth is positive. out of 2,717 stocks traded 68% have advanced while 29% have declined.


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