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Bajaj Auto gains on product launch plans
The stock extended gains and touched a high of 1,517 - up 2%. The stock finally ended with a gain of 1% at Rs 1,506. Over 26,830 shares were traded on the BSE today.

SC issues notice to SET Satellite Singapore on tax issue
The Supreme Court has issued notice to Sony Entertainment Television Satellite (Singapore) Pvt Ltd on a petition seeking to tax profits of the Indian operations of the foreign entity through a dependent agent (SET India Pvt Ltd).

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SAIL Q3 sales grow 23% on construction demand
The country"s largest steel maker, Steel Authority of India (SAIL), today reported a 32 per cent growth in sales at 1.3 million tonnes in December 2009.
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Neil Harvey to head Credit Suisse's Asia asset mgmt biz

Swiss banking major Credit Suisse has said Neil Harvey will run its asset management business in Asia Pacific and emerging markets from February. - Indian stocks becoming less interesting: Credit Suisse - Credit Suisse names Ghosh, Mizuno as VCs - Credit Suisse, Cushman hit with 24 bn property lawsuit - Bharati Shipyard up 5% - "Challenges are more external than domestic" - Positive returns on the cards, but no sharp surge The bank named Harvey as the managing director and head of Asia Pacific and chief of emerging markets for asset management operations with effect from February 1, 2010, Credit Suisse said in a statement. He would be based in Hong Kong and would report to Robert Shafir, CEO asset management and Kai Nargolwala, CEO Asia Pacific. Harvey has rich experience in the Asia Pacific region, he has worked for 10 years in Hong Kong for Credit Suisse before quitting the firm in 2006 to open Bennelong Asset Management. Later, he joined the emerging market powerhouse Renaissance Group. While, Salman Shoaib, has been leading the Credit Suisse"s Asia Pacific asset management business in the last 18 months would become Credit Suisse Head of Corporate Development for the region. Commenting on the appointment Shafir said, "Developing the Asia Pacific region and building out our global emerging markets" offering and clients is core to asset management"s growth strategy across our division and businesses."


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