Markets slip into red

Markets have erased all its gains and slipped into the red. The Sensex is now up four points at 17,234. The Nifty is flat at 5,145. BHEL and Reliance Communications have advanced over 1% each. NTPC has slipped 1%.

Russian gas exports over 37 per cent down in Jan-July 2009

Russian gas exports dropped by 37.7 per cent to 69.5 billion cubic meters in January-July 2009, as compared to the previous year, the Federal Customs Service has said.

NHPC-led JV to develop Rs 8,138-cr project

A joint venture led by NHPC, the country’s largest hydel power producer, will develop the 1,500-Mw Tipaimukh hydropower project in the north-eastern state of Manipur.

ICICI Bank raises $750 m from 5-yr bonds

ICICI Bank today said it has raised $750-million (around Rs 3,465 crore) by issuing five-year bonds at its Bahrain branch.

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