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Popular Articles

M&M gets into Aerospace, acquires two Aussie firms
This will enable the firm to tap the defence offset market.

Acid content in dam water affects Neepco unit
The ‘unscientific’ coal mining in Jantia Hills of Meghalaya is severely affecting power generation at North Eastern Electric Power Corporation’s (Neepco) Kopoli hydro project in Assam due to rise in acid content of water in the reservoir. The high acidic nature of reservoir water has led to unprecedented rise in wear-and-tear and breakdown of machines and parts of the power plant.

News of the day

Gold imports fall by 50% to 12 tonnes in June
Gold imports fell by 50 per cent in June compared to the same period last year due to slowing demand amids a rise in prices.
Corporate

Markets likely to open on a flat note

The markets are likely to open on a flat note amid mixed cues from the global markets. As mentioned in the weekly report, the Sensex expectedly took support around 16,940. Today, again 16,940 could act as an immediate support level, below which the index may slip to 16,840. The bears will have the upper hand longer the index stays below 16,925-16,940 levels.


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