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Selloff boon Govt richer by Rs 50k cr in 1 session (07 November 12:49) |
| In just one session on Friday, Dalal Street made North Block richer by over Rs 50,000 crore, before government sold even one share in its portfolio of companies. |
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Tatas trim holdings in group cos (07 November 12:41) |
| The uptick in stock prices has helped several promoters monetise a portion of their holdings in the July-September quarter. In the process, some vanguards of desi businesses, including Tatas... |
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Birlas to foray into hotel industry (07 November 12:35) |
| For the first time in their close to 100-year history, the Birlas are entering the hospitality arena. The Birla Group - a part of corporate folklore in the country, along with the Tatas - is... |
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Air India to slash routes in bid to cut costs (07 November 12:35) |
| Centre has categorically told the AI-IA combine to drastically prune all loss-making routes, which could include the airline’s prestigious daily non-stop flights to New York from Delhi and... |
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BSNL-MTNL losing share in mobile market (07 November 12:32) |
| Even as India's mobile telephony sector has been able to buck the slowdown, the performance of government-owned BSNL and MTNL has been deteriorating, despite having a one-year lead in the la... |
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Dockers wears itself out in india (07 November 12:13) |
| The historic S-fit, in particular, had ITwallahs ushering in "business casuals" by fitting in mobiles, palmtops, USB ports, digital diaries and sunglasses in trousers lined with anti-radiati... |
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SBI extends 8 home loan scheme to March 2010 (06 November 07:51) |
| India's largest lender State Bank of India has extended its special home loan scheme at 8% interest rate by over four months to March 31, 2010, a move which would provide relief to small hom... |
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Markets remain buoyant Sensex up 94 pts (06 November 06:52) |
| Extending gains for the third day in succession, the Bombay Stock Exchange bellwether Sensex on Friday closed higher by 94 points even though it lost a big chunk of gains posted in early tra... |
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India hopes to complete EU trade talks in 2010 PM Manmohan Singh (06 November 05:16) |
| India hopes to conclude talks for a free-trade agreement with the EU within a year and work closely with the bloc to reform international financial institutions, PM Manmohan Singh said. |
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Sensex ends 068 up after volatile trade (06 November 05:12) |
| A benchmark Indian equity index shut shop on Friday 0.68% up after a highly volatile trading day.
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Sensex volatile realty metals lend support (06 November 02:48) |
| At 2:13 pm, Bombay Stock Exchange's Sensex was at 16154.56, up 90.66 points or 0.56%. The index touched an intra-day high of 16283.86 and low of 16075.19. |
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Jet Kingfisher hike fuel surcharge SpiceJet too may follow (06 November 01:29) |
| Domestic private air-carriers, Jet Airways and Kingfisher Airlines, today raised their fuel surcharges by up to Rs 200 on domestic flights.
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Rupee strengthens to over one-week high (06 November 10:23) |
| At 9:30 am, the partially convertible rupee was at 46.78/79 per dollar, off an early high of 46.7650, its strongest since October 27 and half a per cent above its previous close of 47.0150/0... |
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Sensex surges 208 points in opening trade (06 November 10:16) |
| The 30-share BSE index shot up by 208.47 points to 16,272.37 in opening trade as all the sectoral indices were trading in positive zone with gains up to 3.22%. |
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Govt okays up to 10 selloff in all PSUs making profit (06 November 01:13) |
| Faced with a growing fiscal deficit, the Union Cabinet on Thursday gave its approval to divest stakes of up to 10% in all profitable central public sector enterprises (PSEs), including those... |
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Panel reviews Indias broadband woes (06 November 12:33) |
| The DoT has confessed to abysmal performance in broadband and Internet penetration to the newly appointed Parliamentary Standing Committee on Information Technology in a recent meeting. |
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India in recovery phase US Europe to take longer Ratan Tata (06 November 12:32) |
| The Tata Group chairman said on Thursday that he felt that India was on the way to recover from the economic slowdown, though it may take more time for the US and UK to achieve the same.
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Sensex regains 16k mark (06 November 12:29) |
| A sudden spurt of buying towards the fag end of trading pushed the benchmark sensex up by more than 150 points to regain the 16,000-level after three days. |
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Ram Jethmalanis 3 o clock factor (06 November 12:27) |
| When the clock approaches 3 pm every day, there is a sense of expectation among lawyers as they expect RNRL's counsel Ram Jethmalani to interrupt RIL's counsel Harish Salve. |
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Cant violate PSC RIL to SC (06 November 12:24) |
| Mukesh Ambani's RIL on Thursday told the Supreme Court that breach of PSC could result in cancellation of gas exploration contract. |
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Two crucial meets to decide fate of AI airlines (06 November 12:23) |
| Many Indian carriers, led by Vijay Mallya's Kingfisher, have long been demanding that foreign airlines be allowed to invest in fund-starved Indian airlines. |
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GVK buys Zurich Airports stake in BIAL (06 November 12:21) |
| GVK Airport Developers, a wholly-owned subsidiary of GVK Group, has acquired a 12% stake in Bangalore International Airport Ltd at a cost of Rs 484.6 crore. |
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Its official Food prices biting buyers (06 November 12:19) |
| Even as the overall inflation rate remains at around 1.5%, prices of food articles have gone up by 13.4% in the last one year. Prices of potatoes have doubled, onions are 50% costlier, and p... |
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Sudha Murty sells Rs 430cr Infy shares (06 November 12:19) |
| The wife of Infosys Technologies chairman and chief mentor, N R Narayana Murthy, on Thursday sold 20 lakh Infosys shares worth Rs 430 crore.
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Wipro buys part of Yardley biz (06 November 12:18) |
| Wipro's consumer care division has acquired personal care brand Yardley's business in Asia, Middle East, Australia and north and west Africa for $45.5 million (about Rs 215 crore). |
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TCS hires 300 associates for its US Software Delivery Center (05 November 09:02) |
| Tata Consultancy Services on Thursday said it has hired 300 associates for its North America Domestic Delivery Center, TCS Seven Hills Park.
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Rupee up at 470203 against dollar
(05 November 08:00) |
| The rupee recovered its early losses and ended marginally up at 47.02/03 against the US dollar on expectations of more capital inflows into equity and dollar selling by exporters.
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Northern region largest contributor to GDP CII Report (05 November 07:41) |
| Northern Region continued to be the largest contributor to the GDP at 27.5% in 2007-08 although the economic growth in the region has underperformed the national average, says a CII report. ... |
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Sensex up 152 pts after a day of lows and highs (05 November 05:39) |
| A sudden spurt of buying towards the fag end of trading, sparked by the govt's decision to divest 10% in all listed companies, pushed the Sensex up by more than 150 points to regain the 16,0... |
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Gold inches towards Rs 17000 level (05 November 04:53) |
| Gold rallied for the third consecutive day nearing the Rs 17,000-level in the bullion market here on increased demand, influenced by India's purchase of the metal from the International Mone... |
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Government to list all unlisted non-loss making PSUs (05 November 02:15) |
| The govt announced that all listed central public sector undertakings (CPSUs) would increase the public holding to minimum 10% and all unlisted profitable state-owned entities would go publi... |
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Annual food price inflation up over 13 (05 November 02:12) |
| Inflation of food items shot up by 13.39% during the week ended October 24 driven mainly by soaring prices of potato and onion.
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Sensex plunges 347 pts on funds selling weak Asian cues (05 November 01:36) |
| Sensex dropped by over 347 points at midsession on Thursday on emergence of selling by funds at existing higher levels driven by a weakening Asian trend. |
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Primary inflation declines 01 new monthly index next week (05 November 01:12) |
| The government today introduced a new mechanism for monitoring the wholesale price movement under which the inflation for primary articles, including foodgrain, pulses and vegetables, declin... |
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Maytas Infra bags project worth Rs 790cr from ITNL (05 November 10:48) |
| Infrastructure development firm Maytas Infra today said it has bagged an order worth Rs 790 crore from IL&FS Transportation Networks Ltd (ITNL) for road construction work. |
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Sensex down 184 pts in opening trade on Asian cues (05 November 10:42) |
| The Bombay Stock Exchange benchmark Sensex today fell by over 184 points as funds and retail investors preferred to book profits amid weak Asian markets. |
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Rupee drops on weak regional shares
(05 November 09:17) |
| At 9:10 am the partially convertible rupee was at 47.13/14 per dollar, slightly weaker from 47.05/06 at close on Wednesday. |
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20 efficieny to save Rs 120000 cr investment Shinde (05 November 03:53) |
| An 20% improvement in energy efficiency will be equal to adding around 30,000 mw and in turn will save investments worth Rs 120,000 crore, power minister Sushilkumar Shinde said. |
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Rise in food prices hyped up Montek (05 November 03:33) |
| Planning Commission deputy chairman Montek Singh Ahluwalia on Wednesday maintained that soaring food inflation was not a matter of concern. |
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Pawar admits rise in food prices a worry (05 November 03:31) |
| Agriculture minister Sharad Pawar admitted inflation in food prices was worrying and that there was a clear demand-supply gap in commodities like rice which has been worst hit by this year's... |
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Sensex bounces back up 507 (05 November 02:03) |
| A strong relief rally in markets around the globe helped the BSE sensex reverse its six-session losing streak on Wednesday with a 507 points gain at 15,912. |
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Exports to revive in Jan-Mar qtr (05 November 02:02) |
| India's exports, which fell for 12 consecutive months since October 2008, may see a revival in the January-March quarter, commerce and industry minister Anand Sharma said. |
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NHAI projects face further delay (05 November 02:01) |
| The government on Wednesday said that meeting the deadline to award 12,000 km highway projects by March 2010 will be delayed by at least three more months. |
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Sensex up 111 points in opening trade (26 August 10:27) |
| Extending its winning streak for the fifth session in a row, the Bombay Stock Exchange benchmark Sensex on Wednesday rose by over 111 points. |
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Rupee down 20 paise at 4881 a dollar (25 August 09:31) |
| The Indian rupee on Tuesday fell by 20 paise against the US currency in early trade on expectation of heavy capital outflows and increased dollar demand from importers. |
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Sensex falls over 200 points on profit-booking (19 August 11:54) |
| Paring its early gains, the Bombay Stock Exchange benchmark Sensex fell by over 200 points at 11:15am on Wednesday on profit-booking at existing high levels.
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Sensex rises 61 points in opening trade (19 August 10:20) |
| Sensex rose by 61 points in opening trade on Wednesday on selective buying by funds as well as retail investors in line with overnight gains in the US market.
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Stick to quality beat volatility (19 August 01:10) |
| Looking for investment cues from Dalal Street? Well, that is the last place you should be looking to for long-term directions, say investment experts.
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Only 4 new operators in 3G spectrum bid (19 August 01:08) |
| A move to limit 3G spectrum auctions to just four blocks of 5 MHz each in the 2.1 GHz band is gaining ground within the government.
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LT Fin to raise Rs 1k cr via bonds (19 August 01:07) |
| L&T Finance, a subsidiary of engineering major L&T, will raise Rs 1,000 crore through public issue of bonds to fund its financing activities, including lending and investments.
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