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FII-TO-FII TRADES: PNB traded at 7% premium
Trades between FIIs generated a volume of Rs 146 crore on the BSE Thursday-an increase of 390.63% from Rs 30 crore clocked on Wednesday. As many as four stocks witnessed trades of 13 lakh shares on Thursday.

China asks some banks to limit lending
China has told some banks to limit lending and will restrict overall credit growth in the nation to 7.5 trillion yuan ($1.1 trillion) this year, banking regulator Liu Mingkang said.

News of the day

Anti-dumping probes rise with green shoots
Even as the economy is showing signs of revival, industry"s fears about dumping by other countries is on the rise, prompting the government to initiate as many as 20 fresh anti-dumping investigations since the beginning of current financial year, compared to 21 in all of 2008-09.
Business Opportunities

Karnataka Bank Q2 net dips 77.78%

Private sector Karnataka Bank said its net profit declined by 77.78 per cent to Rs 16.35 crore for the quarter ended September 30, 2009, over the same period last year. - Dhanalakshmi Q2 net drops 28.7% - India Infoline posts 44% rise in profit - PTC India net dips 6% to Rs 31 cr - Kirloskar Pneumatic net rises two fold to Rs 14 cr - Asian Paints: Colourful growth story">Asian Paints: Colourful growth story - Petronet LNG net up 17% to Rs 120 cr Total income rose to Rs 547.91 crore in the latest quarter, from Rs 513.85 crore in the same quarter of the previous financial year, Karnataka Bank said in a filing to the Bombay Stock Exchange.


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