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Ministry wants to bring warehouses under FMC
The Union Ministry of Consumer Affairs has proposed to the prime minister that the Forward Markets Commission, the regulator for commodity futures, also be the regulator for all warehouses.

Delhi HC rejects Man's plea challenging GAIL's re-tending
The Delhi High court today dismissed a petition filed by Mumbai-based Man Industries challenging GAIL"s decision to re-bid for the Dahej-Vijaipur gas pipeline project.

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ONGC-Hinduja JV loses rights to dev Iran's oilfield to China
In a major setback to India"s oil diplomacy, the ONGC-Hinduja Group alliance has lost the rights to develop Iran"s South Azadegan oilfield to CNPC of China.
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Sensex jumps over 17K, up 200pts

The Sensex after rebounding into positive zone has surged singificantly mainly on account of fresh buying in index heavyweights. The index has now re-gained the 17,000-mark, and is now up 224 points at 17,010. The Nifty is up 58 points at 5,047. Cox & Kings Q3 net jumps 88% to Rs 19 cr UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit All the sectoral indices are trading flat now. Bharti Airtel and Reliance Infrastructure have slipped 3% each to Rs 284 and Rs 1,073, respectively. Wipro and ICICI Bank have declined 2% each to Rs 631 and Rs 868, respectively. Mahindra & Mahindra, Tata Steel, SBI and Sterlite have declined 1% each. ACC has advanced around 3% each to Rs 752. HDFC and Hindalco has added 1.5% each at Rs 2,793 and Rs 131, respectively. The market breadth is negative, out of 2,653 shares traded, 1,499 have declined and 1,063 have advanced so far on the BSE.


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