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No one cures Punjab's drug problem
Chandigarh: From leading politicians to the Chief Election Commissioner (CEC) to the mini-parliament of Sikh religion, Shiromani Gurdwara Parbandhak Committee (SGPC), everyone expresses concern about the growing menace of drug abuse in Punjab. But the cure doesn't seem to be on their minds. The state, which is the food bowl of the country as it contributes over 60 percent of grains (wheat and paddy)

Sensex up marginally amid cautious trades

After opening on a cautious note with a slightly negative bias, the market edged higher this morning with investors picking up key stocks from metal, automobile, capital goods and oil sectors.

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India Factoring and Financial plans Rs.5 bn equity infusion
India Factoring and Financial Solutions, a joint venture between Punjab National Bank (PNB) and Malta-based FIMBank, is planning to receive Rs.5 billion equity infusion from its promoters by March 2014.

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Sensex spurts in final hour, ends 123 points up at 5-month high

Hectic buying in the final hour, presumably by foreign institutional investors, lifted the market up sharply from the negative zone in which it was languishing for over five hours since trade

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Air India begins sounding LIC and mutual funds for bond sale

Government-owned Air India, which is to issue non-convertible debentures (NCDs) to raise funds for repaying its debt mountain, has begun informally sounding Life Insurance Corporation (LIC) of

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CRR cut puts bank stocks back on fund managers' radar

Banks are back on fund managers’ radar. With a 50 basis points (bps) cut in their Cash Reserve Ratio (CRR) and rising anticipation of reduction in key policy rates, mutual fund (MF) equity

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