Why Gurgaon is the first choice for entrepreneurs, RIL's cash pile: Big acquisitions ahead & other stories from ET

THE ECONOMIC TIMES Sun, May 12, 2013 | 05:51 PM IST Daily Newsletter

Jet-Etihad Deal: Has govt tweaked national policy to pave way for it? With the Jet-Etihad deal receiving a policy lift in flying rights, foreign airlines that buy into Indian carriers might demand similar sweeteners. RIL's Rs 83K cr cash pile: A hint of impending big-bang acquisitions? Reliance has parked almost two-thirds of its cash in bank FDs, most of it for a short tenure, almost in readiness to make a large acquisition.

Story of The Day Gurgaon a hub for entrepreneurs: Meet six professionals who gave up jobs to set up biz Instances of young professionals giving up cushy jobs to set up niche businesses in Haryana’s second largest city are becoming increasingly common. read more

Popular Stories Professor Lord Bhattacharyya: Meet the man who helped Ratan Tata find his successor ATM Heist: Breach likely at Pune-based ElectraCard Services Will Mukesh Ambani's defence aerospace gambit pay off for RIL? The flip-side of Bansal: Thriving black market of government jobs Ladakh incursion: China scores bloodless victory over India, more intrusions may come India outsourcing under scanner after $45-mn global ATM heist

Market Watch 12 May | 05:51PM SENSEX 20122.32↑39.70 NIFTY 6107.25↑12.50 USD/INR 54.80↑0.56 GOLD (Rs/10g.) 26987.00↑144.00

Latest Updates India's DLF to launch $345 mn share sale on May 14 Indian real estate company DLF Ltd will raise up to 18.9 billion rupees ($345.6 million) through a share sale to institutional investors on May 14. Top five trading strategies for the coming week Traders should note that the Nifty is trading near 6112 resistance levels. Here is a list of top five trading strategies for the coming week. Punjab announces 40% subsidy on solar pumps Chief Minister Parkash Singh Badal has sanctioned Rs 5 crore for providing this subsidy to farmers, a spokesperson said. PMO convenes CPSEs meet tomorrow The PMO has convened a meeting of heads of central public sector enterprises tomorrow to take stock of their capacity expansion. IT watchdog investigating breach in ATM heist The Indian govt's cyber watchdog is looking into how the computer systems of two companies were breached in a sophisticated global ATM heist. For banks in cyber heist, how to get the money back? The 2 Middle East banks hit in a $45 mn ATM heist face an uncertain path in trying to recover their losses, financial, and legal experts say

Gainers Losers 12 May, 2013, 05:51PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Indo Thai Securities Ltd. 13.95 19.95 19843 13.95 12.00 Indus Fila Ltd. 8.75 19.86 5 8.75 8.75 Mindvision Capital Ltd. 11.60 19.83 50 11.60 11.60 Salora International Ltd. 18.00 19.21 1 18.00 18.00 Super Tannery Ltd. 2.12 19.10 260 2.13 1.66

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