Indian Oil, Bharat Petroleum and Hindustan Petroleum have halted proposals to allocate funds in sugarcane farms in Brazil for manufacturing ethanol in the wake of financial recession and resource crisis.

3i Group’s India Infrastructure Fund, global private equity firm has allocated nearly Rs.802.9 crore for a marginal stake in Krishnapatnam Port Company.

Reliance Money launched trading today in equities and commodities in all over mobile platforms, free of operators and device.

At present, Hindustan Zinc trades at Rs.319.35, which is high by 1 point from its earlier closing of Rs.318.35 on the Sensex.

Hindustan Zinc looks forward to register silver production of nearly 100 tonnes by the close of the present financial year.

21.32 lakh shares traded in the counter on Sensex. The stock saw a standard daily volume of 61.69 lakh shares in the last one quarter.

Presently, Development Credit Bank trades at Rs.17.30, which is low by 0.45 points from its earlier closing of Rs.17.75 on the Sensex.

Hindustan Oil Exploration Company Ltd has signed a loan pact with Eni Coordination Centre of Brussels for External Commercial Borrowings valued at $125 million to part fund its growth activities, comprising expansion of PY-1 field.

Markets have recovered after a gap down start due to small covering.

Life Insurance Corporation of India has increased its stake to 9.38% in the nation’s biggest private sector lender, ICICI Bank, after buying shares valued at Rs.145.62 crore through open market operation.