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Smart Portfolios shine in holiday week
The Smart Portfolios registered healthy gains last week in line with a pull back in the broader markets. The benchmark index, S&P CNX 500, was up 3.61 per cent in the holiday-shortened week. An investment of Rs 10 lakh at the start of the Smart Portfolios on September 1, 2009, is today valued at Rs 11.20 lakh, an appreciation of almost 12 per cent. This week, barring Praveen Panjwani, other three fund managers were able to match the benchmark’s return. generic levitra

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Sensex ends up 114pts
The Sensex has ended (provisional) at 17,673 - up 114 points.

News of the day

Toyota can leave: chavez
Venezuelan President Hugo Chavez ordered an investigation of Toyota Motor Corp, saying the world’s largest carmaker “can leave” should it fail to meet production quotas and technology-transfer laws.
Small Business

Honda aims 20% growth in sales next fiscal

Honda Motorcycle and Scooter India (HMSI), a wholly-owned subsidiary of Japan-based Honda Motor Co, today said it targets sales of 15 lakh units in the next fiscal, a growth rate of 20 per cent over 2009-10. "Keeping the momentum of 10.7 lakh unit sales in 2008-09, HMSI is progressing well to surpass 12.5 lakh sales in the current financial year and is targetting a sales of 15 lakh units in next fiscal with a growth of 20 per cent over the current fiscal," HMSI President and CEO Shinji Aoyama told reporters at the 10th Auto Expo here.


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