Corporate

Sensex opens soft

Sensex has opened at 16,926.. - up 14 points. The index has slipped and is now down 27 points at 16,886. The Nifty is down seven points at 5,035.


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Fund management fees rise with markets
Management fees to equity fund managers and investment advisors rose 42 per cent, or Rs 224 crore, in the first half of financial year 2009-10.

Bids for Rajpura plant to be opened next week
The fate of the 1,320 megawatt (Mw) thermal power plant at Rajpura (Punjab) will be decided by next week. According to sources, the financial bids (related to power tariff) for the proposed project would be opened next week and sent to the Punjab State Electricity Board (PSEB) for approval.

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