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New Delhi: According to a Rashtrapati Bhawan release that

After opening unenthusiastically at 15,066.71, the stock market is trading flat in the morning trades.

On the other hand, Asian markets also opened negatively as the US subprime lender Aegis Mortgage filed for bankruptcy, activating worries of credit situations of higher risk mortgages.

New Delhi: The power sector will require Rs 10,31,600 crore investment in 2007-12 to add up generation capacity, in addition to producing and advancing transmission and distribution networks.

In early trading (10:05 am), TVS Electronics is quoting at Rs 47.45, up Rs 2.25. The stock price touched an intraday high of Rs 47.45 and an intraday low of Rs 47.25.

The company’s board has also approved transfer of 35.85% stake in TVS Finance to holding co. TVS Investment for Rs 14.84 cr. They struck down preferential apportioning of 36 lakh warrants exchangeable into equity at RS 48.50/sh to TVS Investment.

Patna: Bihar Chief Minister Nitish Kumar said that former Indian President A P J Abdul Kalam has responded favorably to the proposal to don the post of visitor at the purposed Nalanda International University.

Mr. Nitish broadened the offer when he met Abdul Kalam in New Delhi on Sunday.

He added that Mr. Kalam has accepted the offer, and ready to guide the administration in setting up the university.

Tiruchirapalli: CPI, a supporter of the ruling Democratic Progressive Alliance in Tamil Nadu, alleged that it would stoutly resist