New Delhi: The Corporate Affairs Ministry has made announcement that before investing funds, the capitalists must consult them to obtain information about promoters’ track record, compliance positi

In an important move, Government has allowed all trusts to invest in securities, including shares and bonds of listed companies.

The stock markets are expected to open with an upward gap. The Indian stock markets closed weak during the last week. The weekend was good for global markets. US markets closed higher.

PSL Limited has announced that the company has won a contract worth Rs 125 crore for the supply of coated line pipes and long radius bends for the 200 km Dullajan Numaligarh Pipeline in Assam.

The order consists of supply of primarily 16-inch Outer Diameter API 5L (X65 Grade) bare/coated line pipes.  These pipes have to be supplied by mid-2008, and PSL shall supply these pipes in entirety from its Varsana pipe mills in Kandla, Gujarat.