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Dalmia in control at GHCL
GHCL promoter Sanjay Dalmia appears to be in control of the country’s largest soda ash maker, and is believed to have increased his shareholding significantly above the 18.5 per cent he held till recently when a battle for control of the company raged.

Axis Bank to raise Rs 940 cr from promoters
The country"s third-largest private sector lender, Axis Bank, today said it expects to raise about Rs 940 crore through preferential allotment of 1.08 crore shares to its promoters, including LIC, by September 24.

News of the day

Personal care products lead TV advertising pack
Guess what were the advertisements you saw most on television in November. Not sure? Well, personal care products, primarily toilet soaps, were the most advertised products on TV last month, data from TAM Adex, a unit of TAM Media Research, which tracks advertising across media show. The share of toilet soaps was 5 per cent, similar to that of October.
Public Relations

Asian markets up 4th day in a row

The Asian markets have advanced for the fourth day on reports that the Chinese factory output jumped to a 19-month high in October. - Asian markets end positive - Asian markets end in green; Hang Seng surges - Asian markets end positive; Hang Seng up 2% - Asian markets end negative; Seoul Composite sheds 2% - Asian markets extend gains - Asian markets end in red; Hang Seng down 2% The Hang Seng has advanced 153 points to 22,421. The Nikkei is up marginally at 9,876. The Shanghai Composite Index is down 17 points at 3,161. The Taiwan Weighted Index has increased 75 points at 7,668. The Straits Times and the Seoul Composite indices are flat 2,711 and 1,588, respectively. _______________________________________ (Updated at 0814hrs) The Asian markets have opened on a flat note this morning. The Hang Seng has advanced 175 points to 22,443. The Nikkei is up 22 points at 9,892. The Shanghai Composite Index is flat at 3,177. The Straits Times and the Taiwan Weighted Index are marginally up at 2,713 and 7,596, respectively. The Seoul Composite on the other hand is marginally down at 1,578.


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