Sliding Infy, weak rupee pull Sensex down 53 pts to 4207 pts
Led by Infosys and Sterlite, the markets lost some ground on Thursday. At the final count, the Sensex was down 53 points to 4207.63. Infotech stocks were the major losers after the Infy ADRs on the Nasdaq market on Wednesday closed almost $15 down over its previous close.

Rhone Poulenc is a value buy at present
Parentage does matter, especially if you are a pharmaceutical company. Rhone Poulenc India is a subsidiary of the French pharmaceutical and chemical giant Rhone Poulenc group. The parent is ranked as one amongst the world's seven largest companies.

Oceana Software plans Rs 10crIPO at a premium of Rs 10
Chennai-based Oceana Software Solutions Ltd, a five-year-old IT company, is entering the capital market on August 10. The company is offering 50 lakh equity shares of Rs 10 each at a premium of Rs 10 per share, aggregating Rs 10 crore.