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Prime Focus up 3.1%
The stock gained 3.1 per cent to Rs 236.95 on reports that the company earned $4 million (approximately Rs 18 crore) by creating 200 of the 1,600-odd shots in James Cameron’s mega Hollywood movie Avatar. The film, with a reported budget of at least $300 million, is one of the most expensive films ever made. http://smallpersonalloans.org.uk

Let's all go home
It was past 7 pm in the Lok Sabha and Environment and Forest Minister Jairam Ramesh had already made clear India’s stand to be taken at Copenhagen. So, Parliamentary Affairs Minister V Narayanasamy, gauging the mood of the MPs, passed a chit to Ramesh: “All MPs are satisfied” (in other words, please stop your speech so that we can go home). Ramesh, known for his sense of humour, made the chit public, “Narayanasamyji is telling me that all MPs are satisfied. But the minister himself is not satisfied. I request Swamiji to give me more time.” As the House burst out in laughter and Narayanasamy looked embarrassed, Ramesh continued, “I must take swamiji’s permission because he is the real swami here.”

News of the day

Nordic region offers $10 billion opportunity for IT firms
The Nordic region (Norway, Denmark, Iceland, Finland and Sweden), which is now opening up to offshoring as a viable option to sustain its long-established competitiveness, offers an untapped $10 billion outsourced services opportunity for Indian IT companies, said a Nasscom-PricewaterhouseCoopers report.
Public Company

Colgate's Aurangabad factory hit by strike

FMCG player Colgate Palmolive today said production at its Aurangabad factory has been disrupted as workers have gone on strike since Saturday. - Telangana crisis: Five fasting students shifted to hospital - Pranab hopeful of resolution of Gorkhaland through talks - GJM announces fresh indefinite strike - Govt likely to issue statement on Telangana - Mohan Babu to file case against TRS chief K C Rao - Cong MP Rajagopal ends his hunger strike "The workmen in our Aurangabad toothpowder factory have gone on strike effective December 26, primarily on the ground that the management should reinstate the services of two workmen, who were dismissed on disciplinary grounds...," the company said in a filing to the Bombay Stock Exchange. Colgate Palmolive, which sells oral and personal care products under the Colgate brand, said the ongoing strike will not have any impact on its business as it has made alternate arrangements to tackle it. The disruption of work at the Aurangabad factory is unlikely to impact the company"s toothpowder business as it has enough stocks and an alternate arrangement has been made to augment production, it added. The company said the two workers were dismissed after following "due process of law and whose matters are now subjudice before High Court/Labour Court". It also said the management and the workers union were in advanced stage of negotiations over the workmen charter and were to reach an amicable settlement when the workers resorted to strike.


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