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Sreelatha Menon: In praise of opium
Sreelatha Menon / New Delhi November 1, 2009, 1:04 IST

Two power plants proposed near Kanpur
The Union coal ministry and National Thermal Power Corporation (NTPC) have proposed to set up one power plant each near Kanpur.

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BofA securities sale raises $19.3 billion
Bank of America Corp, the largest US lender, raised $19.3 billion selling securities at $15 apiece in the biggest sale of stock or preferred shares by a US public company since at least 2000.
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Markets volatile, recover from red

The markets have recover after slipping into negative terrain for the second time since morning trades. The NSE Nifty is now at 4,535, up eight points. Ambuja Cement has declined over 3% to Rs 94. - Mahindra Satyam tops value, volume chart for second day - Markets sideways; Nifty up 22pts - Markets slip into red, rebounds - Markets open with positive gap - Key Levels: More upside above 15,350 - FIIs raise stake in Nifty firms to 43% Sensex pares gains; Hindalco up 4% Loan prepayment does not violate competition laws:Banks SRK stands by his IPL remarks, says India a welcoming place Obama proposes substantial jump in aid to Pak Oil rises on bullish US manufacturing data The market breadth is fairly positive - out of 2,470 stocks, 1,389 have advanced and 990 have declined so far.


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