Black money

	Dated:July 24,2011

Top Headlines Black money: Indians may have much more than $2.5 bn in Swiss banks The figure of $2.5 bn in Swiss banks may be a gross understatement of the total wealth directly and indirectly held there by entities from India. Companies find innovation as killer tool to fight competition: E&Y Domestic cos are innovating in an unprecedented manner to beat competition and remain relevant to target customer base in changing marketplace. Four construction PSUs likely to be merged Four major construction PSUs, of which two are sick, may be merged to achieve greater synergy between companies like NBCC and HSCL. Market Round-up SENSEX 18722.30 286.11 NIFTY 5633.95 92.35 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Gujarat Lease Financing L 4.95 + 20.73 Sita Shree Food Products 8.90 + 20.27 Amrutanjan Health Care Lt 883.60 + 16.91 Praj Industries Ltd. 93.65 + 15.97 Venus Remedies Ltd. 254.35 + 15.61 NSE Losers Scrip Price(Rs.) %Change JCT Electronics Ltd. 1.20 -22.58 Shree Ganesh Jewellery Ho 174.60 -20.00 Bharat Rasayan Ltd. 100.20 -9.64 Global Vectra Helicorp Lt 22.95 -8.01 Kothari Petrochemicals Lt 8.20 -6.28 Most Read Story Mahindra Satyam defers salary hike, incites fears of lay-off The company intends to send out letters communicating the revised salaries by September and give the increments effective October 1. Most E-mailed Story How NRIs can buy property in India Buying property undeniably ranks as one of the greatest Indian dreams. It doesn/t matter which part of the world you live in; a home in India is simply a must. Most Commented Story Sachin Tendulkar closer to get Bharat Ratna? Sachin Tendulkar is a step closer to getting India's top award as home ministry has recommended sports be made a category for Bharat Ratna consideration. Latest Updates Nifty likely to come out of the trading range 'RBI likely to raise policy rates' Low internet literacy even in urban India: Report Deutsche Bank board set to confirm Jain as co-CEO