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GVK eyes controlling stake in B'lore airport
GVK Power & Infrastructure, which recently took a 12 per cent stake in Bangalore International Airport Ltd (BIAL), has said it is open to taking a controlling stake in the airport. generic levitra

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Resistance seen around 5,200
The Nifty has pulled back from a low of 4,942 to above 5,100 with support from positive global cues and short-covering. The index today closed at 5,144. Technically, the V-shaped pullback should have halted at around 5,090, but excessive short-covering saw the index close at the 5,144 level. However, the December futures changed hands at the 5,096 level, indicating there were few takers at higher levels.

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Telangana issue: Centre calls meeting on Jan 5
The Centre, in an attempt to end the imbroglio over Telangana, today convened a meeting here on January 5 of eight recognised political parties in Andhra Pradesh for a discussion on the issue, a move welcomed by a grouping of all parties spearheading the statehood stir.
International Business

Liquidity adequate in the system: K C Chakrabarty

Reserve Bank Deputy Governor K C Chakrabarty today allayed fears of excess liquidity in the banking system saying it was just "adequate". - Bond yields may harden further - FM sticks to 6% plus growth forecast for FY10 - Banks shorten loan tenures - Low credit growth no big concern: RBI - RBI model to provide banking services in remote areas - Renu Kohli: Industrial growth you can bank upon">Renu Kohli: Industrial growth you can bank upon "In our view, it is adequate liquidity (in the financial system)," Chakrabarty said, when asked if there was excess liquidity as feared in certain quarters. The apex bank will take necessary measures if it finds that the liquidity is excess in the system, Chakrabarty said while talking to reporters on the sidelines of a conference. On the Government borrowing, Chakrabarty said that borrowings did not pose any major concern. Earlier, speaking at the conference, Chakrabarty said that there is a need for massive investments in the country"s education sector. He also called for more efforts from banks to promote financial inclusion, to take banking benefits to nearly 50 per cent unbanked population of the country.


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