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Over 60 cos await Sebi nod for share sale worth Rs 50,000 cr
Finding the economy and markets back on the recovery path, more than 60 companies are looking to raise an estimated Rs 50,000 crore through sale of shares and awaiting the regulatory nod for the same.

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Rupee drops to two-week low
Rupee dropped, completing the biggest two-day loss in two months, as declines in local stocks spurred speculation capital inflows will slow.
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Telangana stir's unique impact

Originally, Andhra Pradesh was to be the recipient of the first unique identification (UID) number. However, political unrest in the state has taken its toll. Now, it appears that Nandan Nilekani’s project will be rolled out first in the state most ready for it — Karnataka. Pilot projects have already been done and the majority of Karanataka’s population will have UIDs by the end of 2011. The proactive state government has also set up an empowered committee on UIDs under the chief secretary. The state cabinet will, at its next meeting, decide who will be on the committee. The numbers will begin to be issued by February 2011.


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