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Unitech to invest Rs 600 cr for 5,000 affordable houses
Enthused by the robust demand for its affordable housing projects, realty major Unitech today said it would invest Rs 600 crore to develop 5,000 such units in seven cities across India.

Go slow on themes
I have been a regular investor in mutual funds for the past 3-4 years. I have accumulated many funds in my portfolio which were at some time or the other very good funds, but not all are rated 4- or 5-stars today. Should I exit funds as soon as they go below the top ratings? I think this will mean too much of churning in my portfolio.

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PTC Q1 net up 77% at Rs 33 cr
PTC India Ltd, the country’s largest power trading firm, has posted a 76.8 per cent rise in net profit for the quarter ended June 2009 owing to increased trading volume and higher treasury income.
Public Relations

Markets slip into red

Markets have erased all its gains and slipped into the red. The Sensex is now up four points at 17,234. The Nifty is flat at 5,145. BHEL and Reliance Communications have advanced over 1% each. NTPC has slipped 1%.


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