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Retail investors give IPOs the cold shoulder
Average participation in the last 12 offers was just 2.39 times

Govt slaps Rs 32 cr penalty on telcos for unverified users
The government has slapped a penalty of Rs 32 crore on mobile operators for failing to adhere to the subscriber verification norms in 2008-09.

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US rolls out massive swine flu vaccine campaign
Health care workers lined up to be inoculated against swine flu as the United States began a massive campaign to administer 250 million vaccinations by year"s end.
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Markets spurts to day's high

The Sensex is now at 15,375, up 144 points. The NSE Nifty is at 4,566, up 43 points. __________________________________________________________________ UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit Tata Motors advanced 7% to Rs 364. Suzlon has advanced 4.5% to Rs 101. Maruti, Tata Steel, ABB and Sterlite have added over 3% to Rs 1,342, Rs 430, Rs 742, Rs 80 and Rs 653, respectively. HDFC has slipped around 3% to Rs 2,384. PNB, Reliance and Ambuja Cements have declined over 2% to Rs 720, Rs 1,995 and Rs 95, respectively. The Sensex is at 15,269, up 37 points. The market breadth is fairly positive, out of 2,565 shares traded, 1,504 have advanced and 971 have adeclined so far on the BSE.


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