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CEOs eased out left and right in US; Pandit stays at Citi
The US financial crisis and the resultant economic downturn pushed many a top honchos out of their corner rooms in 2009, but Citigroup"s India-born chief Vikram Pandit continues to steer the once financial colossus out of its biggest ever crisis.

Power stocks in red; Tata Power down 5%
Amid a hectic rush of investors for subscribing the initial public offer of NHPC, shares of power companies, led by Tata Power, today tanked in afternoon trade on the Bombay Stock Exchange(BSE).

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Companies Bill likely to be re-introduced this week
The new Companies Bill, 2008, which lapsed after the 14th Lok Sabha was dissolved, is likely to be re-introduced in Parliament this week, official sources said.
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RIL's bonus shares to trade on bourses from tomorrow

Reliance Industries (RIL), today said the bonus shares allotted by the company last month have been listed on stock exchanges and will be traded from tomorrow. - Cairn completes 100 days of Mangala production - Nine of top-10 firms add Rs 49,000 cr in m-cap - Song sung blue - RIL, Ecopetrol ink pact for deep water blocks - WABAG looking at global acquisitions worth Rs 2,000 cr - "Cross-border deals will drive M&As" "The bonus shares have been listed with National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) and have been admitted for dealing with effect from December 7, 2009," RIL said in a statement issued here. The Mukesh Ambani-led company had, last month, approved 1:1 issuance of bonus shares after a 12-year hiatus. The last time RIL announced a bonus issue was in October 1997. The petrochemical giant"s scrip is one of the top traded counters on the bourse and witnesses lakhs of shares changing hands every day. RIL"s shares closed at Rs 1089.05 on Friday on the BSE, down by 1.13 per cent. RIL, which carries the most weight on the benchmark Sensex, has gained as much as 78 per cent till November 26 when it went ex-bonus. The bonus shares were alloted to eligible shareholders on November 28, as per their shareholdings on the record date (November 27).


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