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FII-TO-FII TRADES: PNB traded at 7% premium
Trades between FIIs generated a volume of Rs 63 crore on the BSE Tuesday-an increase of 357.01% from Rs 14 crore clocked on Monday. As many as six stocks witnessed trades of 12 lakh shares on Tuesday.

UniverCell plans 700 stores
Chennai-based mobile retail chain, UniverCell, will be opening 700 stores across the country in the next two years. Each outlet will entail an investment of Rs 28 lakh.

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Soren to take oath as Jharkhand CM tomorrow
JMM chief Shibu Soren is all set to take oath as chief minister heading a five-party coalition in Jharkhand tomorrow, which will be the seventh dispensation in nine years since it became a separate state.
Small Business

Indian spice delicacies find favour with China

Indian food delicacies with flavour and taste of spices are becoming a big hit in China, Spices Board sources said here. - Oman lifts ban on import of Indian poultry products - Imported fruit jostle for space with Indian varieties - NEWSALERT: "India extends ban on import of milk from China" - Leather exports post marginal growth in 2008-09 - Steel Min favours import duty removal on stainless steel scrap - UPDATE:US keen to have investment treaty with India More and more Chinese people travelling to different countries and the vast influx of overseas floating population into China has contributed to the trend, the sources said. During the SIAL China, an international exhibition for food and beverage trade held at Shanghai from May 19-21 this year, the board had received enquiries on whether India can supply curry powders of different Chinese specifications. Enquiries have also been received from countries like UAE and South Africa on Indian pepper and chilli. An Australian company was keen to know if India could supply spice powders in 30 gram packs in its brand name, the sources informed. Besides the spice industry from China, spices importers from UAE, Thailand, Vietnam, France, South Africa, Singapore, Hong Kong, Korea and Iran visited the Spices Board stall and enquired about spices like pepper, turmeric, ginger, chilli, cardamom and curry powder. China has been buying mint and mint products from India besides spice oils and oleoresins, chillies, black pepper, turmeric and curry powder.


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