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JSW Energy scouting for partners, acquisitions
JSW Energy is planning to become an integrated power company by bringing in a partner for its transmission business and in its proposed distribution business. The company has shortlisted three companies for the proposed partnership in transmission.

Nilanjana S Roy: From Dune to Cyberabad
Nilanjana S Roy / New Delhi December 8, 2009, 0:42 IST

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IndiaFirst to start ops by Dec-end, gets nod for 3 products
IndiaFirst Life Insurance has received regulatory approval to launch three products and expects to commence its operations by the month-end, a senior official said.
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Sensex extend losses, down 612pts

The Sensex finally ended (provisional) at 14,774 - down 638 points. The Nifty ended (provisional) down 192 points at 4,388. _________________________________________________ UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit The Nifty is at 4,394 - down 186 points. DLF has plunged 7.5% to Rs 365. Metal stocks Hindalco has tumbled 7.5% to Rs 100. Sterlite and Tata Steel have slipped 6.5% each to Rs 620 and Rs 440, respectively. Tata Motors has slumped 6.7% to Rs 435. Jaiprakash Associates and ACC have dropped 6.3% each to Rs 203 and Rs 778, respectively. Hero Honda, ITC, Reliance Communications, Reliance Infrastructure, ICICI Bank, Mahindra & Mahindra, SBI, Maruti Suzuki, ONGC, Reliance and Larsen & Toubro have shed 4-5% each. Bharti Airtel, Sun Pharma, Wipro, Infosys, Hindustan Unilever, HDFC, TCS and Grasim are the other losers. The market breadth is extremely negative. Out of 2,647 stocks traded 1,912 have declined while 649 have advanced.


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