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Nathwani speaks on Ambanis' gas row; says he's linked to RIL
Declaring his association with Mukesh Ambani-led Reliance Industries (RIL), Rajya Sabha MP Parimal Nathwani today said the Ambani brothers" agreement provided for government approval of gas price and that RIL had not breached its terms.

Torrent Power cuts fuel surcharge by 1 paise
Torrent Power, the private sector power company that distributes power to Ahmedabad, Gandhinagar and Surat has reduced fuel surcharge by only 1 paise per unit. This means there will be no significant relief in power bills of consumers in the third quarter of 2009-10.

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Infosys to resume work on 2nd campus in April 2010
IT major Infosys Technologies would start construction work on its second campus in the city in April 2010.
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Sensex up 50pts; Wipro adds 4%

The Sensex is now stable and is now at 15,677, up 49 points. - Sensex rebounds, up 20pts - Hindustan Copper slips 2% on dip in Q4 net profit - Sensex near day"s low, down 132pts - Indraprastha up 2% on getting K-G gas supply - Sugar stocks fall as govt caps bulk supplies - Sensex down 80pts in early trades The NSE Nifty is at 4,656, down 14 points. Wipro has advanced 4% to Rs 545. Tata Motors has gained 3% at Rs 472. Reliance Communication, Grasim Industries and Larsen & Toubro have added 2% each to Rs 262, Rs 2,667 and Rs 1,580, respectively. BHEL has slipped 1.5% to Rs 2,309. SBI, Bharti Airtel and ONGC are down over 1% each at Rs 1,767, Rs 409 and Rs 1,182. The market breadth is positive, out of 1,647 shares traded, 1,526 have advanced and 1,046 have declined so far on the BSE.


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