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Placements begin at IITs
Day one of the final placements at the Indian Institutes of Technology (IITs) has brought the smile back on the faces of students, as big recruiters are back on the campuses. IIT placement representatives say salaries could go up by 30-40 per cent this year.

M&M erases gains, ends flat
Mahindra & Mahindra gave all its gains and slipped to a low of Rs 813. The scrip finally settled flat at Rs 820. The counter clocked volumes of 239,425 shares as compared to the two-week daily average traded volumes of 277,548 shares.

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Chetan Bhagat is lying, says director of 3 Idiots
The raging controversy over the credit for the story in 3 Idiots escalated today with director Rajkumar Hirani accusing author Chetan Bhagat of “lying” despite agreeing to several conditions including a rolling credit in a contract.
Small Business

FII-TO-FII TRADES: PNB traded at 7% premium

Trades between FIIs generated a volume of Rs 76 crore on the BSE Tuesday-an increase of 71.52% from Rs 45 crore clocked on Monday. As many as six stocks witnessed trades of 10 lakh shares on Tuesday. - "Industry is full of non-serious players" - IT stocks up on Infy results - Dunlop India resumes trading on bourses - HCL Tech to acquire OLR - JMC Projects bags housing contract worth Rs 355 cr - FIIs net sell Rs 363cr, DIIs net buy Rs 455cr Punjab National Bank was traded at highest premium of 7.12% on BSE with 22,930 shares changing hands at Rs 993.25 as against the spot price of Rs 927.25. Pantaloon Retail (India) was traded at second highest premium of 5.11% on BSE with 5.66 lakh shares changing hands at Rs 443.45 as against the spot price of Rs 421.90. Scrip FII Close* FII shares# Spot Close@ Premium To spot price % BSE Punjab Nat Bank 993.25 22930 927.25 7.12 Pantaloon Retail 443.45 565800 421.90 5.11 Grasim Ind 2880.50 82003 2795.00 3.06 Bank of India 388.00 245311 386.80 0.31 Maruti Suzuki 1439.25 75928 1441.65 -0.17 NSE Grasim Ind 2894.00 17000 2796.50 3.49 * 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 Maruti Suzuki was traded at discount of 0.17% on BSE with 75,928 shares changing hands at Rs 1,439.25 as against the spot price of Rs 1,441.65.


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