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Chandra takes over DNA's mgmt responsibility
Media baron Subhash Chandra has taken over the management responsibility of Daily News and Analysis (DNA), a broadsheet newspaper headquartered in Mumbai.

No decision yet on PSB merger: Pranab
Finance Minister Pranab Mukherjee today said the government has not yet taken a decision on consolidation of public sector banks (PSBs).

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PSU stocks gain as Sensex logs first weekly gain in three weeks
The BSE Sensex climbed 0.6 per cent on Friday, posting its first weekly rise in the past three weeks, with banks leading the rebound as investors picked bargains after last month’s fall. Gains in global stocks after the US labour department said initial claims for state unemployment benefit had dropped to their lowest level since early January also underpinned the market.
International Business

Luminous Power Tech appoints Arun Nagpal as CEO

Power and energy storage company Luminous Power Technologies today announced the appointment of Arun Nagpal as Chief Executive Officer of the company. - Shobhana Subramanian: The margins can wait">Shobhana Subramanian: The margins can wait - Hindustan Unilever gains on defensive buying - Markets recover from day"s lows - Liril woos the family - HUL to sell 7 residential properties in Gurgaon, Mumbai - Chinese, made in India Prior to the appointment, Nagpal was working as the Chief Executive Officer of auto components firm Minda Auto Care, Luminous Power Technologies said in a statement. "Nagpal brings to us rich, diversified and well rounded 25 years experience in the industry. This would help drive the company"s growth through the next expansion phase...," the company said. Nagpal has earlier worked with Hewlett Packard, Oriflame Nitco tiles and Hindustan Unilever amongst others.


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