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Pyramid Saimira shareholders okay fund raising
Pyramid Saimira Theatre, which is engaged in entertainment business, today said it will raise Rs 500 crore by offering securities to foreign investors, qualified institutional buyers and promoters.

V V: How to understand the global meltdown
“Consumer wants can have bizarre, frivolous, or even immoral origins, and an admirable case can still be made for a society that seeks to satisfy them. But the case cannot stand if it is the process of satisfying wants that creates the wants.”

News of the day

HC allows NDTV Imagine to beam 'Pati Patni Aur Woh'
The Delhi High Court today allowed entertainment channel NDTV Imagine to continue its reality TV show "Pati Patni Aur Woh," by staying the National Commission for Protection of Child Rights order to cease telecast.
Small Business

Gold futures fall on weak global cues

Gold futures prices fell by Rs 83 or 0.49 per cent at the Multi Commodity Exchange today as traders reduced their positions. - FCI to sell wheat on bourses, may boost capacity use by mills - Brokers make most of carbon credits - Govt to sell wheat in open market via e-trading platform - Gold futures rebound on firm global cues - "We stand revived, merger not on our mind" - MCX-SX approaches CCI on feeless currency futures trade by NSE Gold for far-month April contract fell by Rs 83 or 0.49 per cent to Rs 16,972 per ten gram with an open interest of 2,574 lots. The metal for delivery in February contract also declined by Rs 70 or 0.41 per cent to Rs 16,955 per ten gram in 16,901 lots. Marketmen said traders indulged in reducing their positions in line with a weakening global trend mainly led to fall in gold prices at futures market. Meanwhile, gold lost $9.10 to $1,117.60 an ounce in London.


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