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World Gold Council launches national gold festival
In order to cash in on the rising festive demand, the World Gold Council (WGC) today said it has tied up with leading retailers across five cities in India, to organise a gold festival named "The Great Indian Gold Rush" from September 19 to October 19.

SPV for hydrocarbon exploration on cards
CM asks APIIC to form a special purpose vehicle

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S Tel to launch mobile services in few circles by year-end
S Tel, a joint venture between the Siva group and Bahrain Telecom, today said it will launch mobile services in a few circles by this year-end and announced tying up funds to the tune of Rs 2,000 crore for the purpose.
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Sensex gyrates between zones

The Sensex is gyrating between zones and is now flat at 17,066, up 15 points.The Nifty is now at 5,067, up three points. Among the sectoral indices, IT and realty indices have advanced 1.5% each. US markets end in the green Wipro has topped the list of gainers, up 2% at Rs 654 and Tata Motors is up 1.5% at Rs 637, respectivelu. Infosys and TCS are margianlly higher by 1% at Rs 2,428 and Rs 685, respectively. Reliance Infrastructure has slipped 2% to Rs 1,165. Larsen & Toubro and Reliance are down 1% each at Rs 1,635 and Rs 2,109, respectively. The market breadth continues to be positive, out of 2,621 shares traded, 1,616 have advanced and 932 have declined so far on the BSE.


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