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'SAIL, NMDC divestment plans before Cabinet soon
Steel Minister Virbhadra Singh today said the proposals for diluting stake in two state-run companies SAIL and NMDC will soon be taken to the Cabinet for its approval.

India's concerns taken seriously, says Nepal PM
Amid India"s concerns over use of Nepalese soil by ISI and other anti-India elements, Prime Minister Madhav Kumar Nepal has said such apprehensions are being taken seriously but made it clear that an extradition treaty would have to wait for political stability here.

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Maruti Suzuki to launch van to replace Versa
Maruti Suzuki India (MSI), the country"s largest car maker, today said it will launch a new van within this fiscal to replace its MPV Versa, whose production has been stopped.
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Markets in red in opening trades

The Sensex opened with a marginal positive gap of 23 points at 17,031. However, the index quickly slipped to a low of 16,907- down 102 points. The index has recovered somewhat and is now down 76 points at 16,932. - Hero Honda up 2% on good nos - Market ends volatile day with a 200-point loss - Sesa Goa: Realisations drop - Volatile markets end at day"s low - SAIL slips in spite of FPO plans - Radico Khaitan soars on Q2 net jump The Nifty is down 29 points at 5,034. Jaiprakash Associates has slumped 5% to Rs 243. Tata Motors has shed 3.5% at Rs 543. Larsen & Toubro is down 2.5% at Rs 1,631 ahead of its results. ICICI Bank, Reliance and ACC have dropped 1-2% each. Meanwhile, Infosys has gained 3% at Rs 2,230. Hero Honda, Sterlite, Bharti Airtel and ITC have added over 1% each.


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