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No power tariff hike from GUVNL this fiscal
In a major respite to its 94 lakh consumers in the state, Gujarat Urja Vikas Nigam Ltd (GUVNL) or the erstwhile Gujarat Electricity Board (GEB), is learnt to have kept its power tariff unchanged for the fiscal 2009-10. It may be mentioned here that private sector power distributor Torrent Power Ltd has already proposed 15 per cent hike in power tariff. generic levitra

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Stock markets want costs under check in 2010
A friendlier tax regime, more retail investor participation, low interest rates and inflation, and speedy government disinvestment programme -- these are but some of the things that Dalal Street wishes comes true in 2010 to keep rolling.

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US FDA say GSK vaccine blocks cancer virus
The US Food and Drug Administration says a vaccine from GlaxoSmithKline successfully blocks the virus that causes most cases of cervical cancer.
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Markets have a sedate start

Considering the weak US and Asian cues, our markets have opened on a quiter note. The Sensex is quoting at 16,714, down 71 points, and the Nifty is at 4962, down 26 points. - US markets end weak - Sensex falls most in two weeks - Spice Finance plans to buy 15% in NMCE - Sensex sheds 213pts on profit booking - Sensex ends down 226pts - Sensex tumbles over 250pts The top Sensex losers are ICICI Bank (weaker by 1.4% at RS 873), M&M (down 1.2% at Rs 1,001) and SBI (lower by 1.1% at Rs 2,253). DLF and Reliance Infrastructure have shed slightly more than 1% each. The leading Sensex gainers are ONGC (higher by 0.5% at Rs 1,169), NTPC (firmer by 0.4% at Rs 214) and Grasim (up 0.2% at Rs 2,280). The market breadth is weak. Out of 1,345 stocks traded on the BSE, there are 573 advancing stocks as against 724 declines.


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