HCL Technologies to float Rs 600-cr IPO
HCL Technologies is expected to float a mega IPO of over Rs 600 crore at a high premium soon.

Cabinet clears 5% rise in DA, to cost Centre Rs 1,979 cr
In an election bonanza, the Cabinet has decided to release additional instalment of dearness allowance for central government employees and pensioners, imposing a burden of Rs 1,979 crore per annum on the exchequer.

Continental nominee joins Apollo board
Global tyre major Continental's international business unit chief Robert Steinmetz has been inducted on the board of the Rs 1,150-crore Apollo Tyres.

CORPORATE
IOC to have new director for business development
DCA wants FI nominees to play stronger role

ECONOMY
Opec must be cautious on easing supply curbs
MSEB bought power from DPC at Rs 2.99 a unit in Aug -- Munde

EXPRESSIONS
Upstart Soni Infosys basks in the midst of a rally
Enter the infotech sector with a long-term perspective

MARKETS
Surge in RIL scrip cushions institution's holding
Birla Balance Fund targets Rs 100 crore

LEISURE
Bajaj plans to roll out new models; Prowler to hit roads in December
Kinetic Engineering to unveil mobike in Nov