Heavy buying was seen in oil & gas, power, metal, capital goods, auto, consumer durables and realty stocks. All BSE sectoral indices were trading in green. The broader markets too witnessed smart rally in today?s trade. BSE Smallcap index was up 2.2%.
Nifty up 83.95 points or 1.70% at 5015.10. About 2164 shares advanced while 713 shares declined on the BSE. Nearly 418 shares were unchanged.
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He stands all day, bent over noisy machines, cutting giant sheets of steel and feeding them into monster-sized presses so powerful the concrete floor rumbles beneath his size-16 feet.
In this photo taken May 12, 2010, Flint Mayor Dayne Walling is shown in Flint, Mich. These days, he...
This is how Steve Prucnell builds cars. In 22 years, the parts haven't changed much. A car's a car.
By SHARON COHEN(AP)– 1 hour ago WARREN, Mich. — He stands all day, bent over noisy machines, cutting giant sheets of steel and feeding them into monster-sized presses so powerful the concrete floor rumbles beneath his size-16 feet.
This is how Steve Prucnell builds cars. In 22 years, the parts haven't changed much. A car's a car.
After decades of building hundreds of cars — everything from Corvettes to Saturns to Silverados — Prucnell took a giant leap into the future, joining the team that built test models of the Chevy Volt, General Motors' new electric car. It's a high-risk, high-profile venture and Prucnell is understandably nervous.
May 21 (Bloomberg) -- The U.S. Treasury Department, majority owner of General Motors Co., selected Lazard Ltd. for advice on selling its investment, according to an agreement made public today by the federal agency.
The agreement signals the Treasury Department is making progress on plans to sell the assets after providing GM with about $50 billion. GM Chief Financial Officer Chris Liddell said May 18 the automaker’s $865 million first-quarter net profit, the first since 2007, was a “good, useful step” on the way to an initial public offering that may come this year.
Lazard, the biggest non-bank merger adviser, was picked over firms including Greenhill & Co. and Perella Weinberg Partners, which also had been in talks with the Treasury, a person with direct knowledge of the matter said this month.
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