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Rebound expected early next week
The two main indices—the Nifty and the Sensex—staged strong intraday rebound on Friday in choppy trades and extended gains for the second straight day. The Nifty bounced back from an intraday low of 4,766 to close at 4,882 on short-covering in interest rate-sensitive sectors such as auto, banks and realty.

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'Healthcare opportunities not fully explored'
Indian healthcare providers have not fully explored the opportunities in indigenisation of medical equipment and textiles, training of medical and paramedical staff and treatment of out-patients among others.

News of the day

Bank of India Q2 profit halves to Rs 323 cr; shares dip 9%
Public sector lender Bank of India today reported a decline of 57 per cent in net profit to Rs 323.34 crore for the second quarter of current fiscal, over the same period a year earlier.
International Business

Unity Infraprojects bags Rs 54.56 cr order

Construction company Unity Infraprojects today said it has received a contract worth Rs 54.56 crore from Amanora Park Town for construction related works. - Sadbhav Engineering bags Rs 477 cr orders - Unity Infraprojects gets shareholder nod for raising Rs 250 cr - City Corp launches second-hand flats biz in Pune - L&T bags repeat orders for four generators from NPCIL - Unity Infraprojects bags orders worth Rs 620.76 cr - Radhe Developers India to raise Rs 500 cr The scope of work include construction of six towers among others, Unity Infraprojects said in a filing to the Bombay Stock Exchange. The project is scheduled to be completed in 29 months. Shares of the company were trading at Rs 407.25, up 0.59 per cent on the BSE.


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