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Allegation that FBI working on co's case false: Citi
Troubled financial services firm Citigroup has said that any allegation that the Federal Bureau of Investigation (FBI) is working on a case involving breach of the company"s systems resulting in millions of dollars losses is false. generic levitra

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Hero Honda net vrooms 78%
Hero Honda today reported a 78.3 per cent jump in its third quarter net profit at Rs 535.7 crore on the back of quarterly sales volume of over a million units.

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Jaswant's book is now smugglers' favourite
The Gujarat government has banned Jaswant Singh’s book. But it is one of the items being smuggled into the state from Rajasthan, along with liquor. Two days ago, there were a few hundred copies of the book in various bookshops across Udaipur. Two days later, there were none. Reason? Smugglers bought these for circulation in Gujarat.
Small Business

Sebi confirms order barring 75 cos in Pyramid Saimira case

Market regulator the Securities and Exchange Board of India (Sebi) today confirmed its earlier order barring proprietors and directors of 75 companies from trading in stock markets for allegedly helping Pyramid Saimira Theatre Promoter Nirmal Kotecha carry out suspicious banking transactions. - NTPC files for FPO - FIIs net sell Rs 363cr, DIIs net buy Rs 455cr - 100% returns = 100% trouble - Sebi sets timeline for sharing information - Firms line up for rights issues - FIIs net buyers of Rs 3,042 cr in cash mkt today The case relates to forging a letter from Sebi with an intention of manipulating share prices. Companies whose proprietors and directors have been barred include Adino Trading Company, Milan Gems, Yashraj Enterprise, Om Corporation and Rajkamal Steel. Sebi confirmed its exparte order given in April last year as these barred persons did not file any objections to the earlier order. "As the aforesaid entities have not filed any objections or responded to the order dated April 23, 2009, I do not have any hesitation in confirming the directions passed against the aforesaid entities/persons," Sebi said in its recent order. "They were prima facie found to have played a key role in facilitating Nirmal Kotecha in carrying out suspicious banking transactions, carrying out and disguising his manipulative intent and gaining advantage from forgery," it added.


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