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TCS bags 5-year IT project from Andhra
Country’s largest IT firm, Tata Consultancy Services (TCS), has won the country’s largest State Wide Area Network (SWAN) project from the government of Andhra Pradesh on a five year Build, Own, Operate, and Transfer (BOOT) model.

Geithner sells bonds at lowest yield
Less than a week after deflecting calls for his resignation, Timothy Geithner sold bonds on behalf of US taxpayers at the lowest yields on record in a show of confidence in the Treasury Secretary’s policies.

News of the day

Art and the man
Jai Arjun Singh / New Delhi October 10, 2009, 0:51 IST
Management

Markets end flat

The Sensex has ended (provisional) at 17,458, down 28 points. The NSE Nifty has ended (provisional) at 5,220, down five points. Cox & Kings Q3 net jumps 88% to Rs 19 cr UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit The Sensex is up eight points at 17,494. The Nifty is flat at 5,225. ____________________________________________________ (Updated at 1441 hrs) Markets have continued to display weakness. Earlier, the Sensex pared gains on weak cues from the Asian markets and dropped to a low of 17,425. The index has now recovered to 17,451 - down 35 point. The Nifty is down 16 points at 5,210. Jaiprakash Associates has shed 3% at Rs 155. ONGC has dropped 2.6% to Rs 1,166. DLF and Sterlite have declined nearly 2% each to Rs 373 and Rs 854, respectively. Wipro has slipped 1.5% to Rs 727 in spite of a strong Q3 performance. HDFC Bank, Sun Pharma and ACC are the other losers in the index now. On the other hand, Bharti Airtel has gained 3% at Rs 330. Tata Steel has added 2.3% to Rs 653. Hindalco is up 1% at rs 165. Maruti Suzuki and ICICI Bank has added 1-2% each. HDFC has moved up marginally following the announcement of its Q3 numbers. The BSE market breadth is negative. Out of 2,956 stocks traded, 1,746 have declined while 1,123 have advanced.


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