Chief Minister Mamata Banerjee will lay the foundation stone for an IT park in Rajarhat which the West Bengal government plans to build on the lines of Silicon Valley in the US. The project, called Silicon Valley Asia, will be set up on 100 acres and aims to create infrastructure for technology companies.

The Bombay High Court will hear brokers' plea against the NSE's levy of STT on physical delivery of shares in the equity derivatives segment. Brokers say there is no such provision in the Finance Act.

Today is the last day for submission of revised bids for debt-ridden Bhushan Power and Steel. Last week, the National Company Law Appellate Tribunal allowed all three bidders -- Tata Steel, Liberty House and JSW to file their revised offers.

Congress president Rahul Gandhi will begin a two-day tour to Hyderabad. During the visit, he will take part in Telangana Pradesh Congress Committee's Praja Chaitanya bus yatra and address several meetings.

The petition filed by T Rowe Price International against the other UTI MF shareholders to allow the current managing director Leo Puri to continue for at least a year. Government-owned promoters of UTI MF — State Bank of India, Life Insurance Corporation of India, Bank of Baroda and Punjab National Bank — are not in favour of granting an extension to Puri even though a successor has not yet been identified. As per the petition, the board of UTI Trustees approved allowing Mr. Puri to continue for a further 12 months, but independent directors on the board of UTI AMC opposed the decision. Puri's tenure ends today.

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