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Rallison launches Fire Survival Cables,eyes Rs 500 cr turnover
Rajasthan-based Rallison Electrical Private Limited today launched the country"s first Fire Survival Cable and targeted to achieve turnover of Rs 500 crore in the current fiscal.

Cues from Asian market, RBI worries drag Sensex
Markets opened weak this morning following cues from the Asian markets. The Securities and Exchange Board of India’s (Sebi’s) move against Reliance also dampened the sentiment. The stock slipped below the Rs 1,000-mark in early trades.

News of the day

Mahindra to set up outlets in rural areas
Mahindra First Choice, an arm of Mahindra and Mahindra Group (M&M) which sells second hand car, today said it would set up sales and service outlets in rural areas across the country to sell one lakh vehicles by 2015.
Small Business

Sebi sets timeline for sharing information

In a move to streamline operations related to marketwide position limits (MWPL) of derivatives contracts, the Securities and Exchange Board of India (Sebi) has fixed a timeline for exchanges to disseminate information on individual securities. - Firms line up for rights issues - FIIs net buyers of Rs 3,042 cr in cash mkt today - Commexes close "09 with record turnover of Rs 70 lakh cr - India asks US not to take action against Satyam - Social Accountability of Internal Audit significant - NTPC may file DRHP on Monday for its public offer The step has been taken according to the recommendations of the secondary market advisory committee of the regulator. On a trading day, by 6:30 pm, each exchange would have to disseminate the international securities identification number (ISIN), the name and the symbol of the security, said Sebi. At the same time, exchanges will have to disseminate the MWPL of securities in terms of the number of shares and the open interest in them. After aggregating across exchanges, by 7 pm on the trading day, the information will have to be disseminated.


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