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No restriction on export of iron ore, says Minister
The government today said there would be no restriction on export of iron ore, as there is surplus of the mineral in the country even after its export.

US markets edge up on quarterly nos
US markets edged up on Friday as quarterly results were declared by Oracle and Research In Motion. The Nasdaq jumped 32 points (1.5%) to 2,212. The Dow added 21 points to 10,329.

News of the day

Govt no to ombudsman for telecom sector
Government today ruled out setting up an ombudsman to redress complaints of poor mobile telephony services like call drops saying state-run BSNL/MTNL were taking effective steps to upgrade technology.
Public Company

Sensex ends up 35pts

The Sensex has ended (provisional) at 16,393 - up 35 points. The Nifty ended (provisional) at 4,916 - up 34 points. ____________________________________________________ UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit Tata Motors has appreciated by 3.1% at Rs 716, M&M has added 2.8% to Rs 1,048 and Jaiprakash Associates has strengthened by 2.7% at Rs 141. Reliance Communication and Sun Pharma are the other prominent gainers. On the loser"s side, Hindustan Unilever is down 2.7% at Rs 237, Infosys has dropped 1.5% to Rs 2,437 and SBI has declined 1.5% at Rs 2026. The market breadth remains positive. Out of 2,853 stocks traded on the BSE, there are 2,164 advancing stocks as against 629 declines.


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