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RPDAC fails to resolve land rate issues of Jindal India Power
The Rehabilitation and Peripheral Development Advisory Committee (RPDAC) meeting for three Angul based industries including the Rs 15000 crore steel project of Jindal Steel and Power Limited today failed to resolve issues related to land rate for the Jindal India Power’s 1200 Mw project in the area.

Markets weak in morning trades
The markets opened on a flat note amid mixed global cues. However, bears were soon seen active following yesterday"s weakness. The Sensex drifted to a low of 16,778, down 109 points from the day"s high.

News of the day

JP Morgan to pay $29 bn in salaries, bonuses: report
World"s biggest banks will pay out more than $65 billion in salaries and bonuses over the next fortnight, with banking conglomerate JP Morgan Chase alone likely to shell out a record $29 billion, barely a year after the bailout of the banking system.
Home Business

FII-TO-FII TRADES: PNB traded at 5% premium

Trades between FIIs generated a volume of Rs 133 crore on the BSE Friday-an increase of 99.55% from Rs 66 crore clocked on Thursday. As many as five stocks witnessed trades of 9.73 lakh shares on Friday. - FIIs net sellers Rs 775cr in F&O on Friday - Birla Shloka Edutech FPO fixes price band of Rs 45-50 - LIC hikes stake in RIL to 6.94% - DIIs net buyers of Rs 183 cr in cash mkt today - Sensex slips 75pts amid lacklustre trade - Kalpataru Power declines despite bagging orders Punjab National Bank was traded at highest premium of 5.41% on BSE with 61,334 shares changing hands at Rs 973.50 as against the spot price of Rs 923.50. Bank of India was traded at second highest premium of 4.29% on BSE with 1.11 lakh shares changing hands at Rs 410 as against the spot price of Rs 393.15.


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