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Nigeria expects hike in oil output after peace in Niger Delta
Nigeria, where Indian companies are exploring possibilities of participating in exploration and production of hydrocarbons, expects its oil production could reach 2.506 million barrels per day next year.

Markets off day's high
The markets are trading in the positive zone as global markets have improved on news of easing Dubai fears. Abu Dhabi has lent $10 billion to Dubai as emergency funds.

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Delphi to raise head count at Bangalore centre
US-based mobile electronics and transportation systems supplier Delphi today said it would hire 150 more engineers at its Bangalore Technical Centre to cater to the automobile sector.
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Sensex opens 17pts lower

The Sensex has opened at 16,336 down 17 points.The index is now at 16,263, down 95 points. - Jet Airways, Spicejet drop on Q2 net loss - Sensex weak in early trades - F&O Outlook: Positive surprises are unlikely - DHFL net at Rs 37 crore - FII-TO-FII TRADES: PNB traded at 8% premium - Positive surprises are unlikely The NSE Nifty has opened 10 points lower at 4,837. The index is now at 4,818, down 28 points.


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