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Two of Australia's largest natural resources firms criticised on Monday the government's plan to put a fixed price on carbon emissions, with Rio Tinto warning that without major changes, the scheme could be potentially disastrous for businesses.
ArcelorMittal, the world's largest steelmaker, Brazil's Vale and a Korea Resources consortium, are among six short-listed bidders to develop Mongolia's Tavan Tolgoi mine, the world's biggest untapped coking coal deposit, South Korea said.
French fashion house Dior on Sunday said it planned to continue supporting the eponymous label of John Galliano, its star designer fired this week over alleged anti-Semitic remarks.
Arsenal will man the barricades on Tuesday in anticipation of a Barcelona backlash while hoping that their second Champions League visit to the Nou Camp in less than a year will be less harrowing than the first.
Chiu Mung-ngor and her husband paid USD 3.3 million for their Hong Kong flat in a luxury apartment block in 2009, lured into buying it partly by its view of the harbour.
The leading teams in Europe's top leagues all won at the weekend with the exception of Manchester United who were thrashed 3-1 at arch-rivals Liverpool for whom Dutch striker Dirk Kuyt scored a hat-trick.
Troops loyal to Muammar Gaddafi launched counter-offensives against rebel-held towns on Sunday, increasing fears that Libya is heading for a civil war rather than the swift revolutions seen in Tunisia and Egypt.
Plans by leading economies to reform the global financial system could disadvantage the developing world and risk looking outdated by the time they are enforced, a top World Bank official said on Sunday.
French luxury group LVMH is to take a controlling stake in Italy's luxury jeweler Bulgari in an all-share deal, the Financial Times reported.
US crude surpassed USD 105 to reach the highest price in 2-1/2 years on Monday as a counter-offensive by Libya's Muammar Gaddafi against rebels deepened concerns that a civil war is brewing in Africa's largest holder of oil reserves.
Seven-times world champion Sebastien Loeb won the Rally of Mexico for the fifth year in a row on Sunday after overnight leader Sebastien Ogier crashed out on the first stage of the final day.
Sun TV Network touched an intraday high of Rs 410 and an intraday low of Rs 393.05. At 09:19 hrs the share was quoting at Rs 397.50, down Rs 22.05, or 5.26% on the NSE.
Punj Lloyd touched an intraday high of Rs 63.60 and an intraday low of Rs 60.40. At 09:16 hrs the share was quoting at Rs 61.55, down Rs 3.10, or 4.80% on the NSE. The company's order backlog in Libya is worth Rs 3589 crore, 16.77% of revised order backlog, reports CNBC-TV18.
Political instability due to pull out by DMK party from the ruling coalition dragged the benchmark Nifty below the 5500 level and the Sensex hammered by 250 points.
Today as per financial astrology, weakness may be seen capital goods, metal and banking stocks.
The Indian rupee opened at 45.10 per dollar versus 44.98 on Friday.
Money Market Operations as on March 04, 2011
According to a report by Angel Broking, if Nifty trades below 5557 levels for the first half-an-hour of trade then it may correct up to 5506-5473 levels.
Punj Lloyd | SBBJ | Sesa Goa | Bank Of Baroda | Hindustan Zinc | OBC | Union Bank Of India | CESC | L&T | NMDC and M&M are stocks, which are in the news today.
Compared to 7th March, 2011, Ganesha sees a down trend at Nifty from 8th March, 2011 to 16th March, 2011. You need to be alert, as it is difficult for us to predict the points a week in advance.
Alan Greenspan feels that as a leading indicator, global oil prices are a very useful statistic. However, he added that there was no question (at this stage) that the momentum of this economy, leaving out the oil price issue, the euro problems that have emerged and very specifically and the budget problems, is really beginning to pick up momentum.
Kotak India Real Estate Fund-I, a USD 100 million (Rs 450 crore) fund managed by Kotak Realty Fund, has sold its stake in Peepul Tree Properties to Tata Realty Initiatives Fund-I.
Former CWG organising committee chief Suresh Kalmadi's aide Shekhar M Deorukhkar, arrested for his alleged role in a corruption case in holding the mega event, will have to continue cooling his heels in Tihar Jail with a court extending today his judicial custody till March 19.
Assam Chief Minister, Tarun Gogoi today mourned the death of veteran Congress leader and former Union Minister Arjun Singh.
Bombay Stock Exchange (BSE) expects to launch its small-and-medium-enterprises (SME) exchange platform by the second-half of 2011, a senior Exchange official said.
