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CHESS #614
When reigning world champion Anatoly Karpov lost to Wolfgang Hartmann in Hanover in 1983, it created shock waves. The 27 year old Hartmann was a lowly 2290-rated player and no prodigy. By those standards, Anand’s last round defeat to Levon Aronyan at the Tal Memorial was mundane.

Life insurers go slow on expansion to check costs
Most private players see a decline in premium income.

News of the day

Birla Shloka Edutech FPO fixes price band of Rs 45-50
Birla Shloka Edutech Ltd, part of the Yash Birla Group, an education company offering IT and ITeS services has announced a price band between Rs 45 and Rs 50 per share per equity share of Rs 10 each for its further public offering (FPO) of Rs 34.77 crore. The Issue opens on January 11.
Small Business

Dadri setback drags Reliance Power

Reliance Power ended with a loss of 3.3% at Rs 145 on the BSE. A total of 1.55 million shares were traded on the BSE. Jan cement sales in high double-digit _______________________________________________________________________ (Updated at 1056 am) Reliance Power has shed weight after the Allahabad High Court quashed Anil Ambani"s Dadri land acquisition. The stock is trading at Rs 146, lower by Rs 4 or 2.7%, on the BSE. It had opened at Rs 145, and has touched a high of Rs 148 and a low of Rs 143 thus far. Reliance Power was planning to set up the largest gas-fired power project in a single location in the world at Dadri in Uttar Pradesh. The Allahabad High Court quashed the Uttar Pradesh government"s earlier notification allowing the use of emergency powers to buy land for the Dadri power project, side-stepping a provision inviting objections from land owners.


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