3i Infotech erases gains, ends down 2%

The stock erased all its gains and slipped into the negative terrain to touch a low of Rs 90. The scrip finally ended at Rs 91, down 2% from its previous close. The counter clocked volumes of 3.71 million shares as compared to the two-week daily average traded volumes of 1.11 million shares on the BSE. ______________________________________

Nilanjana S Roy: Living on through Economics

Paul Samuelson had a Nobel Prize in economics to his credit, a large and faithful following who venerated him for his resurrection of Keynesian economic theory, the ear of several US Presidents and a tradition of fruitful, running battles with the likes of Milton Friedman and Alan Greenspan. But when he died this Sunday, at the age of 94, the legacy he left behind him was to be found in college classrooms across the world.

Tension grips Telangana

Tension gripped the Telangana region of Andhra Pradesh raising fears of violence as the ongoing agitation for a separate statehood to the area intensified on Tuesday with the worsening health condition of the Telangana Rashtra Samithi president, K Chandrasekhara Rao.

Turning over a new leaf

Private equity: The private equity industry was challenged in 2009. Deal flow remained slow, portfolio companies struggled and investors in buyout funds scrambled to meet their cash commitments. Rebounding bond and equity markets helped some firms in the second half. But the rally was too late for others. As the industry enters a new decade, expect the divide between the sheep and goats of the buyout world to widen.

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