TCS bids $500 mn for 80% stake in Lufthansa IT Systems

	Dated:September 05,2011

Market Round-up SENSEX 16713.33 -108.13 NIFTY 5017.20 -22.80 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Shree Ashtavinayak Cine V 5.90 + 20.41 J Kumar Infraprojects Ltd 109.15 + 19.88 Sharyans Resources Ltd. 57.25 + 18.04 BF Utilities Ltd. 515.10 + 17.09 Satyam Computer Services 76.10 + 15.65 NSE Losers Scrip Price(Rs.) %Change Brooks Laboratories Ltd. 61.50 -38.50 Hind Syntex Ltd. 2.75 -23.61 Everonn Education Ltd. 280.55 -19.99 Sambhaav Media Ltd. 1.20 -17.24 Nahar Poly Films Ltd. 22.40 -11.46 Top Headlines Banks like UBI, Kotak and PNB look attractive as rate cycle nears end Bank stocks have turned attractive, with rate tightening cycle nearing its end and banks passing on a large part of rate increases to customers. TCS bids $500 mn for 80% stake in Lufthansa IT Systems Lufthansa is looking to sell close to 80% stake in the captive unit while employees and management of the company are likely to retain remaining stake. Justice Soumitra Sen escapes impeachment The proceedings were dropped by taking sense of the House after Law Minister Salman Khurshid informed the Lok Sabha about Justice Sen's resignation. Most Read Story Singapore's new immigration policy makes work permits tougher for Indian workers with middle-level skills Recent policy announcements by PM, have made work permits tougher for Indian workers with middle-level skills. Most E-mailed Story Singapore's new immigration policy makes work permits tougher for Indian workers with middle-level skills Recent policy announcements by PM, have made work permits tougher for Indian workers with middle-level skills. Most Commented Story Jan Lokpal campaign trying to 'dictate' terms to Parliament: Aruna Roy 'The bill does not address corruption as a whole as it leaves out this malady in politics, party, corporate and religious institutions.' Latest Updates Rupee down on broad dollar gains, US woes 'Textiles, clothing exports to touch $32.35 bn' HP PC unit spinoff 'best value': PC divsion head Toyota to halt Camry exports to North America