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Land acquisition, rehab details to be computerised
The Orissa government will start a pilot project for computerisation of the details of land acquisition for different projects and rehabilitation and re-settlement (R&R) of affected persons. To be launched under the banner of ‘punarbas project’, the pilot scheme will initially cover three projects.

Markets recover partially
The markets have recovered partially. The Sensex is now down 147 points at 16,160, and the Nifty has shed 46 points at 4,822.

News of the day

FIIs net bought Rs 490cr in F&O on Friday
The foreign institutional investors (FIIs) were net buyers of Rs 490.23 crore in futures and options segments on Friday.
Small Business

Ashtavinayak wipes gains, slips 4%

The stock erased all its gains and finally settled 4% lower at Rs 90. The counter witnessed trades of 14 lakh shares as compared to the two-week dialy average traded volumes of 10.41 shares on the BSE. ____________________________________________________ UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit The stock opened at Rs 92.50 and surged 5% to a high of Rs 97.30. The stock is now trading at Rs 94.50 - up 1.2%. Over 6.95 lakh shares gave been traded on the BSE so far. The film production company plans to invest Rs 457 crore to expand its movie entertainment business. It has formed two subsidiaries for the same purpose. They intend to raise Rs 300 crore through the subsidiaries. Recently, the shareholders had approved a 4:1 bonus issue.


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