Ashwin Gada, dealer, Networth Stock Broking, said that on Friday, the stock market was flat, it closed down 25 points. It opened strongly but slipped into negative zone accompanying the imperfect Asian markets and also there were some rumours about promissory note that forced the market down. Volumes was very dry, there was not much buying seen at the stock exchange on Friday.

Mr. Gada anticipates the market to trade positive on Monday (Sept. 10). He is bullish on market persuasions and pointed out that, market may touch 16000 level by the closing of next week. He is optimistic on the pharmaceutical segment and commends Divis Laboratories for trading.

Bangalore: In order to support its rising customer base in the country, Tata Consultancy Services (TCS) has

Helsinki: Wartsila Corporation has planned to invest more than €5 mil

New Delhi: Maruti Udyog Ltd is ready to turn into big in the Indonesian small car market.

In the existing fiscal, the company has been capable of capturing around 60 per cent of the small car market in Indonesia with an export order worth 12,000 units, 1,000 units above what the company had told in June.

Mumbai: Planning to provide mobile telephony services from 21 centres, Essar Group has filed for a pan-India licence under BPL Mobile, which would permit it to offer up 2G services in the state.

The group has applied for the license through shippingstop.com, a wholly-owned subsidiary of BPL Mobile. BPL Mobile presently offers GSM services in Mumbai, and has more than 1.1 million subscribers.

Chennai: From India’s perspective, the seventh version of the Asia Cup Hockey Championship, starting on Friday, assumes much importance as they will be confronting a strong challenge from their Asian counterparts’ enroute to their title defence.