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Zenotech Labs June qtr net loss widens to Rs 3.41 cr
Drug maker Zenotech Laboratories today said reported Rs 3.41 crore loss for the quarter ended June 30, against a net loss of Rs 2.66 crore in the same period previous fiscal.

Banking regulation prime concern: Fed
Federal Reserve officials are stepping up scrutiny of the biggest US banks to ensure the lenders can withstand a reversal of soaring global-asset prices, according to people with knowledge of the matter.

News of the day

BSNL may go for listing, to shelve divestment plan
Fearing opposition by employee unions, the government is considering listing telecom major BSNL on bourses by issuing nominal fresh shares and may shelve plans of directly divesting its equity for the time being.
Management

Markets off day's high

The Midcap and Smallcap indices have outperformed the Sensex and are up 0.31% and 0.63% each at 6,739 and 8,410, respectively. The markets have come off the day"s high. The Sensex opened at 17,473, touched a low of 17,378 but soon jumped into green and touched a high of 17,537. The index is now up 34 points, up 0.08% at 17,499. The market breadth is fairly positive - out of 2,077 stocks traded so far, 1,407 have advanced, 626 declined and 44 are unchanged.


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