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PSEs permitted to invest 30 p.c. in MFs
Fund flow estimated at Rs. 60,000 cr.

Big jump in ABB’s second quarter net profit
To invest Rs. 250 crore on expansion

Saasan Power’s new move
NEW DELHI: Sasan Power Limited, the special purpose vehicle set up by the Power Finance Corporation (PFC) to execute the 4,000-MW Sasan Ultra Mega Power Project in Madhya Pradesh, has been asked by the Empowered Group of Ministers (EGoM) to ...

Orissa steel project progressing, says Mittal
BHUBANESWAR: ArcelorMittal Chief Executive L. N. Mittal on Thursday said his company’s proposed 12 million tonne steel plant project in Orissa was progressing faster than its 10 million tonne project in neighbouring Jharkhand. Mr. ...

Sensex recovers
MUMBAI: Hectic short-coverings in select heavyweight counters on the last day of July series helped the stock markets to buck the weak Asian trend on Thursday as the benchmark BSE Sensex recovered smartly by 76.98 points. Rolling over ...

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