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India plans to establish diamond bourses
The government is mulling over setting up diamond bourses to make the country a global trading hub.

Aditi Phadnis: Back to the future
Aditi Phadnis / New Delhi December 26, 2009, 0:04 IST

News of the day

Canon India expects to clock 20 per cent growth
Canon India, leading photographic and digital imaging company, expects to clock a 20 per cent growth this year. It earned a revenue of Rs 665 crore in 2008, registering a 20 per cent growth in the first eight months of 2009.
Management

US markets end flat

US markets ended flat on Tuesday. The Dow dropped two points to 10,545 while the Nasdaq slipped three points to 2,288. - Fortis gains on Rs 250cr investment plans - Gammon India slumps on Kota mishap - UTV, Sun erase gains, end flat - Markets near day"s high - Lacklustre trade continues - Sensex lacklustre; Sun Pharma down 2% Indian ADRs were also flat. Among them, Patni Computers surged 2% to $20.54. However, Dr Reddy"s shed 3.5% at $24.37. HDFC Bank, Wipro and Sterlite were down around 1% each.


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