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 Derivatives expiry, higher food inflation and lower earnings also weigh on indices. - Steep hike in power tariff - Satyam rebounds, ends up 3% - Sensex ends down 381pts - FII-TO-FII TRADES: PNB traded at 7% premium - Sensex recovers, rises 68 points to 17,198 - A year after, hotel stocks back in flavour Indian stock indices tumbled as investors booked profit in banks, FMCG and real estate stocks today, the expiry day for November derivatives. The Bombay Stock Exchange (BSE) Sensitive Index, or Sensex, had a flat start at 17,199.05 on the back of weak global cues. The index exhibited lacklustre movement till late-morning trades. Then, taking cues from Asian markets, which were battered badly, the index began to extend losses. The Shanghai Composite Index slumped 3.62 per cent on fear of government intervention to arrest surging asset prices while the Jakarta Composite Index slipped 2.76 per cent.
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Indian stocks trading on American bourses witnessed an erosion of $2 billion (around Rs 9,300 crore) in their cumulative market capitalisation last week. - US markets fall on GDP, growth worries - Indian ADRs gain $10 bn in a week - US markets drop on energy shares - US markets gain on strong data, growth forecast - US markets end off day"s high - US markets mixed, Tata Communications tank For the week ended November 27, Indian entities listed on the two US bourses - the New York Stock Exchange and Nasdaq- lost $2.02 billion from their total market cap with ICICI Bank alone shedding $1.37 billion to touch $20.27 billion in just four trading sessions. The US markets were closed on Thursday on the occasion of Thanksgiving Day. 
The US financial crisis and the resultant economic downturn pushed many a top honchos out of their corner rooms in 2009, but Citigroup’s India-born chief, Vikram Pandit, continues to steer the once financial colossus out of its biggest crisis. - CEOs eased out left and right in US; Pandit stays at Citi - US Treasury receives $45 bn from Wells Fargo, Citigroup - Allegation that FBI working on co"s case false: Citi - TARP repayments don"t hurt bank lendings: Geithner - US Treasury stops plan to sell Citi shares: report - Wall Street fat cats see frugal compensation diet in "09 The flood of Uncle Sam’s dollars not only shored up the fortunes of ailing companies but also washed away many of once flamboyant CEOs, including General Motor’s Rick Wagoner. Weathering the storm of disgruntled investors, dissatisfied regulators and bifurcation, India-born Pandit still remains to tell the tale of Citi. 
The first 600 Mw unit of Rajiv Gandhi Thermal Power Project at Khedar in Hissar district, which will supply power to Haryana, was synchronised with the grid today by Chief Minister of Haryana Bhupinder Singh Hooda. - Hry power project to be synchronised with grid - Sasan project on track, says govt - NTPC, CIL to form JV for developing coal mines - PSEB to issue LoI for Rajpura Project - BGR Energy gets Rs 1,634 cr order - BHEL bags Rs 2,600 cr order for Orissa power plant The CM said the unit has achieved synchronisation on oil and the work on unit-2 is also progressing as per schedule and shall be commissioned before March 2010. Haryana Power Minister Mahender Pratap Singh said the the first unit after achieving synchronisation on coal in the next 15 days will generate up to 150 to 200 Mw and achieve its full load capacity of 600 Mw by the end of January 2010.