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Safeguard duty on steel products recommended, yet again
Making a strong case for safeguard duty on vital steel imports, the Safeguards Directorate has maintained that cheap inflows from China and other countries is hurting the domestic industry.

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Kingfisher Airlines takes a hit on accounting concerns
The stock slipped to a low of Rs 56 and finally ended at Rs 56, down 1.5% from the previous close. The counter clocked volumes of 3.98 million shares on the BSE.
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Nava Bharat soars on acquiring 65% Zambian coal mine

The stock soared to a high of Rs 429 and finally ended at Rs 421, up 5.5% from its previous close. The counter clocked volumes of 323,029 shares as compared to the two-week daily average traded volumes of 20,162 shares on the BSE. _________________________________________ (Updated at 1017hrs) Asian markets erase partial gains Banks not ready to withdraw prepayment penalty on foreclosure The stock opened at Rs 406 and zoomed to a high of Rs 415. The scrip is now trading at Rs 411, up 3% from its previous close. The counter has clocked volumes of 10,462 shares as compared to the two-week daily average traded volumes of 20,161 shares on the BSE.


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