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IOC to increase R&D spend to Rs 200 cr
Public sector oil major Indian Oil Corporation (IOC) will double its spend on research and development (R&D) to Rs 200 crore from the next financial year to help the company explore new opportunities and technologies.

Template investing: Good in a downturn
Many index funds charge less than equity-diversified funds. Select a fund that has a low tracking error.

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Krishna for expedited probe into assaults; speaks to Aussi FM
Concerned over the continuous assaults on Indians in Australia, External Affairs Minister S M Krishna today spoke to his Australian counterpart asking him to expedite the investigations in these incidents.
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FII-TO-FII TRADES: PNB traded at 6% premium

Trades between FIIs generated a volume of Rs 57 crore on the BSE Tuesday-an decrease of 13.67% from Rs 67 crore clocked on Monday. As many as six stocks witnessed trades of 5.36 lakh shares on Tuesday. - FIIs net sold Rs 272 crore in F&O on Wednesday - Tata Power"s net profit up, but less than expected - Amfi may drop plan to launch MF platform - NSE not averse to self-listing: Ravi Narain - Religare Enterprises Q3 net dips 52% to Rs 21 cr - FIIs net sellers of Rs 362 cr in cash mkt today Punjab National Bank was traded at highest premium of 5.80% on BSE with 99,874 shares changing hands at Rs 973.05 as against the spot price of Rs 919.75. Scrip FII Close* FII shares# Spot Close@ Premium To spot price % BSE Punjab Nat Bank 973.05 99874 919.75 5.80 Pantaloon Retail 450.00 30200 426.10 5.61 Grasim Ind 2827.90 54392 2721.70 3.90 Bank of India 396.00 186640 388.55 1.92 Maruti Suzuki 1420.85 130926 1419.80 0.07 NSE Maruti Suzuki 1419.80 33949 1419.30 0.04 * FII-Close is the closing price of the scrip under FII-to-FII trades # FII-Shares is the total number of shares traded under the FII-to-FII trades @ Spot close price is the closing price in the cash market Pantaloon Retail (India) was traded at second highest premium of 5.61% on BSE with 30,200 shares changing hands at Rs 450 as against the spot price of Rs 426.10.


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