Top nine Sensex cos add Rs 53,751.86 crore in market valuation

New Delhi - The combined market valuation of top nine Sensex companies surged by Rs 53,751.86 crore last week with TCS and HDFC emerging as the biggest gainers.

Barring RIL, rest of the nine companies, including ONGC, ITC, CIL, SBI and HDFC Bank saw rise in their market capitalisation (m-cap).

TCS' m-cap soared by Rs 12,800.28 crore to Rs 5,03,559.58 crore, the most among the top 10 most valued Indian firms.

HDFC added Rs 9,078.62 crore to Rs 1,84,213.31 crore in its valuation and that of Infosys surged by Rs 7,246.86 crore to Rs 2,31,239.16 crore.

FinMin to use Facebook, Twitter to push disinvestment

New Delhi - Government is looking at using the social media platforms, including Facebook and Twitter, in a big-way to generate interest in its disinvestment programme among investors, high networth individuals and opinion makers.

The Department of Disinvestment in the Finance Ministry will hire an advertising or public relation agency for the purpose.

DoD said the agency will carry out advertising/PR work for sale of government holdings in state-owned firms through market instruments like, Initial Public Offers (IPOs), Further Public Offers (FPOs) and Offer for Sale (OFSs).

Affordable housing scheme for EPFO subscribers in the works

New Delhi - The Labour Ministry is preparing a mega housing scheme to offer affordable houses to over 5 crore subscribers of retirement fund body EPFO in the backdrop of the government's mission 'Housing for all by 2022'.

The Ministry intends to collaborate with PSU banks, housing finance companies, state-owned construction firms like NBCC and authorities like DDA, PUDA, HUDA to build houses at a price to be fixed by the government.

Murray bags Abu Dhabi title as 'sick' Djokovic pulls out of final

Andy MurrayLondon, Jan 04 - British number one Andy Murray started the year on a winning note as he bagged his first title of 2015 after world number one Novak Djokovic pulled out of the Mubadala World Tennis Championship final showdown in Abu Dhabi on account of illness .

Djokovic, who defeated Stanislas Wawrinka 6-1, 6-2 in the semifinals, said that he had been sick then with a fever and he was not fit to play, the BBC reported.

Murray, who swept aside Rafael Nadal 6-2, 6-0 in the semifinals, revealed that he felt pain in his shoulder but confirmed that it was fine, adding that there weren't any tears instead just soreness.

Lorde reminisces about 'amazing' 2014 on Tumblr

Wellington, Jan 4 - Lorde recently looked back on amazing experiences in 2014 in a post on Tumblr

Sangakkara reaches 12,000 Test runs landmark as Sri Lanka fight back

Kumar SangakkaraLondon, Jan 04 - Sri Lanka batsman Kumar Sangakkara has become the fastest player to score 12,000 runs in Test cricket, thus also becoming the fifth player in the history of cricket to reach the milestone.

The veteran batsman has joined an elite club of players, which comprises of stalwarts that includes Sachin Tendulkar and Rahul Dravid of India, Ricky Ponting of Sri Lanka, Jacques Kallis of South Africa.

Sangakkara, who surpassed the mark in 224th Test innings, began his innings on 11,995 runs during his side's second Test against New Zealand and was given a standing ovation when he became the fastest batsman to reach the milestone , the BBC reported.

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