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Govt mulling stake sale in four PSU firms
The government is considering to divest stake in four PSUs -- NMDC, KIOCL, MOIL and RINL -- administered by the steel ministry, as part of a broader plan to mobilise resources to meet their funding needs. generic levitra

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Impartial spectator
Professor Amartya Sen tells us that his high school teacher’s advice, on whether he could get away with saying that Lord Krishna’s argument in the Gita was incomplete and unconvincing, was that “Maybe you could say that, but you must say it with adequate respect”. Following this advice, I write the review with the deepest respect for Professor Sen.

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Uttam Galva not opposed to merger with ArcelorMittal
Mid-size steel maker Uttam Galva Steels said today it is not opposed to merger with the world’s largest steel producer ArcelorMittal and is open to all options aimed at taking the company to “new heights.”
Small Business

Jindal Saw Q3 net up 46% at Rs 146 cr

Pipe manufacturer Jindal Saw today reported a 46.36 per cent growth in net profit at Rs 146.48 crore for the third quarter ended September 2009. The firm had a net profit of Rs 100.08 crore in the September quarter of FY"09, Jindal Saw said in a filing to the Bombay Stock Exchange. - Sunil Jain: In the black">Sunil Jain: In the black - UCO Bank Q2 net up 38.4% at Rs 208 cr - Bajaj Auto posts highest-ever quarterly profit at Rs 403 cr - Motilal Oswal profit rises 74% to Rs 47cr - Jindal Saw pares gains after stock split - Parsvnath Q2 net up three fold to Rs 61.43 cr Total income, however, declined to Rs 1,372.85 crore during the September quarter, from Rs 1,486.41 crore in the corresponding period last fiscal. The board has approved a stock split in the ratio of 1:5. The company would sub-divide one equity share of Rs 10 each into five share of Rs two a piece. Shares of Jindal Saw were trading at Rs 744.45, down 0.07 per cent in the late afternoon trade on the BSE.


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