Popular Articles

Uttam Galva under MCA lens for alleged share price manipulation
For the second time in last one year, the government is likely to inspect financial books of Uttam Galva Steels for alleged manipulation of share prices, funds diversions and some other related matters.

Profit booking seen next week
The Nifty closed around 4,800 on Friday on short-covering by foreign institutional investors (FIIs) and strong global cues. However, the trading pattern on the F&O segment suggests that the index may face strong resistance above the 4,800 level. Technically, the Nifty has to cross its Friday high of 4,835 to keep its bullish momentum. If the index slips below its Friday low of 4,755, it may revisit the recent low next week. The SGX Nifty (November futures) closed at 4,767 as against its Friday close of 4,797 indicating weak opening on Monday.

News of the day

Swine-flu death due to hospital negligence: Maha CM
Terming the death of a swine-flu infected girl in Pune as "unfortunate", Maharashtra Chief Minister Ashok Chavan has said negligence on part of the private hospital which treated the 14-year-old was to blame for it.
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Labour dispute may have claimed Indian's life in Aus

An Indian man, whose partially-burnt body was found in Australia"s New South Wales (NSW) state last week, could be the victim of a labour dispute. - Small, green cars set to rule at Auto Fair - Yatra.Com-Yahoo! tie-up to promote portal - IOC wants 50,000 acres for biofuel cultivation in UP - A K Bhattacharya: Which way will he turn?">A K Bhattacharya: Which way will he turn? - India, Russia close to PACT on next generation fighter - Indian student flow to Australia may drop 50% There has been a rise in Indian students working as contract labourers in western NSW and there are reports of them being "ripped off", Australian Broadcasting Corporation quoted union organisers as saying. The 25-year-old victim"s body was found at the side of Wilga Road at Willbriggie, near Griffith, on Tuesday last. Police are yet to name the man, but they are in touch with his family in India to help with identification. Harry Goring of Australian Workers Union said he has heard of unpaid labourers taking matters into their own hands. "Over the last 12 months, there"s been two assaults around that area, people endeavouring to retrieve money for labour." "I"m not saying for a moment that it"s this with this man, but there have been a number of fracases in relation to Indian people pursuing certain individuals," he said. Goring said action is needed to ensure legal processes are followed by contractors. He urged farmers to ensure contractors are legitimate, saying he gets weekly complaints about wages being stolen. Goring said there has been a huge increase in contract labour, particularly Indian students, and many are being ripped off. "It"s a weekly occurrence. We don"t hear about the one and twos that are happening. It only becomes sensational when a large group gets ripped off," he said.


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