Metal firm Sterlite Industries STRL
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Metal firm Sterlite Industries (STRL.BO) dropped 4.9percent to 491.95 rupees as investors took profits after thestock jumped 13.8 percent on Thursday. In the broader section, gainers marginally led losers 1,275to 1,271 on relatively heavy volume of 515.7 million shares The 50-share NSE indexfell 1.7 percent to3,620.70. MAIN TOP 3 BY VOLUME * Ispat Industries (ISPT.BO) on 30.8 million shares * Reliance Natural Resources (RENR.BO) on 14.4 millionshares * Suzlon Energy (SUZL.BO) on 13.7 million shares STOCKS THAT MOVED * Deep Industries Ltd (DEIN.BO) rose 8.6 percent to 62.60rupees after it won an order worth 229.95 million rupees fromOil and Natural Gas Corp (ONGC.BO) for natural gas compressors. * Bharati Shipyard (BHAR.BO) gained 12.7 percent to 107.40rupees after it said on Thursday it bought 14.9 percent ofGreat Offshore (GOFS.BO) through two units at 315 rupees each. FACTORS TO WATCH * For technical analysis double click on * Indian rupee weakens as shares extend losses [INR/] * Indian bond yields up; auction outcome awaited[IN/] * Dollar down, less bleak U.S. jobs view spurs risk[FRX/] * Oil rises above $57 on economic hopes[O/R] * Shares up as markets seek positive jobs surprise [MKTS/GLOB] * Futures point to US shares rising; jobs data eyed [.N]* For closing rates of Indian ADRs INADR(Editing by Ranjit Gangadharan).
MILAN (Reuters) - Italy's biggest utility Enel and German renewable energy company SoWiTec have agreed to jointly develop wind power projects in Chile of up to 850 megawatts, Enel said on Friday. Brazil | ItalyEnel Green Power, Enel's renewable energy unit, will get exclusive rights for wind projects which SoWiTec develops in Chile and will have the right to buy these projects once they are approved by local authorities, Enel said in a statement.The projects, with preliminary installed capacity of between 60 MW and 150 MW would boost Enel's presence on Chile's growing renewable energy market where the Italian group already has 90 MW of wind capacity and various geothermal concessions, it said.Last year, Enel and SoWiTech joined forces to develop wind power projects in Brazil worth up to 1,000 MW.(Reporting by Svetlana Kovalyova) Brazil Italy. OSLO (Reuters) - The Norwegian government presented on Friday a development plan for the Goliat field in the Barents Sea, seen costing above 28 billion Norwegian crown ($4.34 billion, giving Italian energy group ENI a go ahead. JAKARTA (Reuters) - Indonesia's palm-based biodiesel firms, which have mostly stopped operations, are awaiting a fair price formula and government subsidies to survive as they feel the pinch of surging palm oil prices, an industry official said. DUBLIN--(Business Wire)--Research and Markets( http://) hasannounced the addition of the "Hypogonadism Therapy Area Pipeline Report" reportto their offering. Life Science Analytics, Hypogonadism Therapy Area Pipeline Report containsdetailed information on the hypogonadism drug pipeline.
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