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FIIs net sellers Rs 278cr in F&O on Wednesday
The Foreign Institutional Investors (FIIs) were net sellers of Rs 278.37 crore in futures and options segments on Wednesday.

Woman power
Piramal Healthcare director Swati Piramal has made history by becoming the first woman chief of a national chamber of commerce. As the newly-elected president of Assocham, she’s doing her bit for woman-power. All chairpersons of around 100 working groups in Assocham are now women, and the co-chairs are all men.

News of the day

United Spirits: Little to cheer about
Poor performance from Whyte and Mackay and adverse foreign exchange movements pulled down United Spirits’ consolidated numbers for 2008-09. The liquor firm reported a loss of Rs 410 crore.
Online Business

Plan panel forms group

The Planning Commission has constituted a 20-member expert group to look at low carbon growth strategies for India. The group will be headed by Planning Commission member Kirit Parekh, senior sources disclosed late this evening. - Petronet LNG eyes 53% growth in top line - Stimulus should not be withdrawn: Ratan Tata - Plan panel to begin Budget discussions in 2-3 weeks - India doesn"t stand out as an overspender: Montek - Montek to meet ministries on Plan outlay in 2-3 weeks - Food inflation to ease next month: Montek Nitin Desai, who has been involved with the climate change negotiations and Jamshed Irani, director Tata Sons limited, are said to be some of the other members of this multi-sectoral group. This group will have representation from varied sectors such as industry, transport, agriculture, building, energy and forestry, sources said. However, a likely member of the group said: “Nothing has been finalised as yet and the group is in the process of being formed. I have not started work as yet. Though it was mentioned to me that such a group is being formed, the matter is still under discussion”.


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