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Siemens to grow its environmental portfolio
Siemens, the German engineering giant, says it plans to expand its green energy portfolio to enable ¤25 billion (approximately Rs 1,74,339 crore) savings globally by 2011, with significant carbon dioxide (CO2) reduction from its products and processes in key markets, including India.

Cyber criminals threaten to dampen New Year celebrations
Shopping online for a New Year gift? Or clicking on that New Year e-greeting link? Be careful this time around as cyber criminals armed with a new set of web threats, including viruses, spam and cyber-scams, would be on the prowl to trap gullible internet users.

News of the day

Tata Communications erases gains, ends down 2%
The scrip erased all its gains and slipped into the negative to touch a low of Rs 356 and finally ended at Rs 362, down 2% from the previous close. The counter witnessed trades of 36,792 shares on the BSE as compared to the two-week daily average traded volumes of 4,417 shares on the BSE.
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Sun Pharma crashes on Caraco ruling

Sun Pharma recovered partially from the day"s low of Rs 1,070, and finally ended 12% lower at Rs 1,140. The counter registered heavy volumes of around 580,400 shares, which is around 30-times higher than its two-week daily average volume of around 19,230 shares on the BSE. ______________________________________________________ Jan cement sales in high double-digit ( Updated at 1203 hrs) Sun Pharma crashed in opening trades following news of US FDA seizing all drugs by subsidiary Caraco. Sun Pharma opened with a loss of 7.6% at Rs 1,199. It nosedived over 17% to touch the day"s low of Rs 1,070. The stock has recovered partially and is now trading 12% lower at Rs 1,144. The counter has witnessed 21-fold increase in trading volumes at 403,752 shares from its two-week daily traded average of 19,233 shares on the BSE. US Food and Drug Administration has seized all drugs made by Caraco on charges of repeated violations of manufacturing standards and plans to stop it from distributing drugs until they follow requirements. Sun Pharma has a majority stake in Caraco.


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