There is a need to delink Nasdaq and Indian stocks
The Rs 166 crore Mastek Limited has been in the software business long before it became fashionable or markets started favouring infotech stocks. Ranked among the top 20 software exporters, the company now plans to list on an American stock exchange.



SEBI curbs on bears, Sensex bounces back
With bear operators pulling down the market for eight days in a row, market regulator SEBI has decided to intervene by imposing an additional five per cent margin on the daily net sale position across stocks.



Intel to invest $ 49 mn in Hinduja co
Intel has decided to invest $ 49 million (Rs 210 crore) in Hinduja group company IndusInd Media & Communications (IMC) Limited.



Other headlines
UTI to launch specific fund for VRS optees
Sinha hints at changes in budget proposals
UTI chief predicts market revival
Madras Fertilisers plans to set up captive power plant
NTPC to buy 26% stake in the Gujarat Pipapav Liquified Natural Gas
HC issues closure notices to four industrial units
Govt may step into Essar Oil imbroglio
HLL identifies 9 business initiatives
Sterlite sets 1 to 1 share swap ratio
Kirloskars announce split
Janus acquires 5.64% stake in Reliance