In highly volatile trade, the benchmark Sensex ended over 41 points down on the Bombay Stock Exchange on Wednesday as funds and investors preferred to book profits and change their portfolios.
The Centre, on Wednesday, announced the setting up a committee, headed by IDFC Chairman Deepak Parekh, to look into long-term funding for infrastructure sectors that require a massive $320 billion of investment by 2012.
HCL Technologies Ltd, which recently acquired some large customers has netted another big deal. On Wednesday, it announced a $200 million, multi-service, five-year contract with Skandia UK, a leading independent provider of long-term savings solutions.
Arcelor Mittal also announced the creation of a joint venture with the parent company of Sicartsa, Grupo Villacero, for distribution and sale of its products in Mexico and the US southwest.
While Manu Sharma has been convicted, there are many other high-profile cases where justice has not been delivered.
Does our system help VIP sons to get away with their misdemeanours?