Sunday, 31 March 2013

The Economic Times Daily Newsletter

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Dated:March 31,2013
Top Headlines

AirAsia incorporates Indian venture; files all papers with MCA

The venture, AirAsia Pvt Ltd, was incorporated as an "Indian non-government company" with its registered office in Mumbai.


US may decide H1B visas through lottery this year

According to Congressional approved mandate, USCIS can reward max of 65,000 H-1B visas for FY14 beginning Oct 1, 2013.


Will China surpass US as the world's most inventive nation?

China can't outrun US, because it's not creative enough. It's authoritarian. Democracy is central to innovation, according to this comforting scenario.


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During an interaction with journalists on his way back from Durban on Thursday, the prime minister did not rule himself out of the race.
On Wall Street, numerous small-cap volatile marijuana stocks have been making moves that are being noticed by investors interested in profiting off this industry.
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Market Round-up
SENSEX 18835.77 131.24
NIFTY 5682.55 40.95
NASDAQ 3110.78 -6.72
DJIA 13534.89 27.57
RS/$ 54.81 -0.20
NSE Gainers
Scrip Price(Rs.) %Change
Punj Lloyd Ltd.
55.75 + 24.03
Gallantt Ispat Ltd.
74.50 + 19.97
IMP Powers Ltd.
27.45 + 19.87
Kavveri Telecom Products
78.85 + 19.65
Pochiraju Industries Ltd.
8.25 + 18.71
NSE Losers
Scrip Price(Rs.) %Change
Barak Valley Cements Ltd.
6.50 -15.58
Tricom India Ltd.
1.50 -14.29
Karur KCP Packkagings Ltd
19.60 -10.50
Peacock Industries Ltd.
2.70 -10.00
Hydro S & S Industries Lt
13.50 -9.70

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