Fresh weakness likely below 17,055

Rex Cano / Mumbai December 09, 2009, 9:22 IST The markets rallied smartly in the second half of the day backed by news of fresh government spending. The government yesterday announced that it planned an additional Rs 25,725 cr in public expenditure.

BSNL, MTNL not serious about Zain, says govt

State-run telecom majors BSNL and MTNL are not seriously considering to be a part of the consortium led by Delhi-based Vavasi Group to pick up a 46 per cent stake in Kuwait’s Zain Telecom.

In search of history

Meghnad Desai admits in the preface that it is an ambitious book. Written by “someone who cannot claim to be a professional historian”, the book is the author’s own and “somewhat opinionated” account of how India became a nation. In the process, it outlines a new premise based on which Indians should “rediscover” the new India.

No special favour given to Mahindra Satyam: Khurshid

The government today said it has shown "no favour" to Mahindra Satyam by extending the deadline for restating of accounts by six months to June 2010.

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