Sensex closes flat in lacklustre trade
Mumbai, Sep 2 (IANS) A benchmark index for Indian equities Thursday closed on a dull note, though broader markets saw more buying activity. A weak opening in the European markets too weighed heavy on the index.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,215.28 points, closed at 18,238.31 points, 32.44 points or 0.18 percent up from its previous close at 18,205.87 points.

It had risen to 18,355.84 points ... Read More

CWG: Delhi to get 40 info-cafes for tourists
New Delhi, Sep 2 (IANS) About 40 info-cafes will be launched here Friday to provide information to the over 100,000 tourists who are expected to visit the capital during the Commonwealth Games.

The cafe will have a touchscreen through which tourists can gather information regarding Delhi - places for site-seeing, bus routes, shopping places, Metro routes, eateries and the like.

These cafes will also serve Indian delicacies like jalebis, samosas, chaat and other items. ... Read More

Tar balls spoiling Goa beaches may stay till October: Government
Panaji, Sep 2 (IANS) Goa's tourism season, which begins in October, could be in peril.

The state government has conceded that the tar ball phenomenon which has layered several beaches with ugly, acrid, black streaks of oil, may well continue right up to October, when millions of tourists visit the state.

"The appearance of tar balls along the west coast of India is an annual phenomenon with high likelihood in the months from May to ... Read More

Vedanta taps Gujarat for bauxite for Orissa refinery
By Jatindra Dash

Bhubaneswar, Sep 2 (IANS) Anil Agarwal-led Vedanta Resources has begun talks with the Gujarat government to ensure long-term supply of bauxite for its refinery in Orissa's Kalahandi district after its mining project in the Niyamgiri hills was refused permission by the central government on environmental grounds.

Mukesh Kumar, chief operating officer of Vedanta Aluminium Ltd, said the company is also prospecting the raw material in other states after the environment ministry rejected its mining ... Read More

IndiaFirst Life to expand distribution reach
Chennai, Sep 2 (IANS) IndiaFirst Life Insurance, a three-way joint venture of Andhra Bank, Bank of Baroda and British financial institution Legal and General, will open 12 new branches to sell its insurance plans.

"We have been selling policies only through the branches of our promoter banks - Bank of Baroda and Andhra Bank. We will be opening 12 branches by the end of this month," P. Nandagopal, managing director of the Mumbai-based company, told IANS. ... Read More

Reliance Broadcast Network soars on fund raising plans
Mumbai, Sep 2 (IANS) Reliance Broadcast Network Ltd (RBNL), part of the Anil Dhirubhai Ambani Group (ADAG), was trading at the upper circuit filter limit at Rs.116 on the Bombay Stock Exchange (BSE) Thursday.

The scrip had opened 4.98 percent higher than its previous close, a day after the company said it would raise over Rs.400 crore.

After the stock markets closed Monday, RBNL said its board had approved a proposal to raise over ... Read More