Sunday, August 1, 2010

Hefty gains for MFs in downturn

Hefty gains for MFs in downturn

Hefty gains for MFs in downturn

Posted: 01 Aug 2010 11:38 AM PDT

Buy when there is blood in the streets, even if the blood is your own.

UAE, Saudi Arabia to block BlackBerry

Posted: 01 Aug 2010 11:43 AM PDT

The UAE said on Sunday it will block key features on BlackBerry smart phones, citing national security concerns because the devices operate beyond the government's ability to monitor their use.

ICICI increases deposit rates by up to 75 bps

Posted: 01 Aug 2010 11:54 AM PDT

Soon after revising deposit rates by up to 75 basis points, ICICI Bank has said the lending rates are expected to go up after September, even as some leading public sector banks have already increased rates for their existing customers.

Rawat is new Bharti Infratel chief exec

Posted: 01 Aug 2010 11:51 AM PDT

Bharti Infratel, a subsidiary of Bharti Airtel, on Sunday announced the appointment of Devender Singh Rawat as its chief executive officer (CEO).

Economy moving fast towards $2tn mark

Posted: 31 Jul 2010 11:15 PM PDT

The Indian economy would grow to $1.72 trillion in 2011-12, moving closer towards the $2 trillion mark, according to an assessment by the Prime Minister's Economic Advisory Council (PMEAC).

5 of top 10 cos add over Rs 28k cr in m-cap

Posted: 01 Aug 2010 01:26 AM PDT

Five of top 10 companies added Rs 28,667.55 crore to their combined market value, with public sector trading major MMTC gaining the most last week, when the benchmark Sensex fell below physchological 18,000-level after scaling it for the first time in 30 months the previous week.

Tata Motors sales up 41% in July

Posted: 01 Aug 2010 01:33 AM PDT

Auto-maker Tata Motors today reported a 41% increase in vehicle sales to 67,799 units in July, 2010, compared to 48,054 units in the same month of the previous year.

Philips to revamp personal care biz in India

Posted: 01 Aug 2010 12:26 PM PDT

Dutch electronics firm Philips on Sunday said it is revamping its personal care appliances business, with plans to expand the product range as well as ramp up its distribution channels in India.

Tiger Air, Thai Air confirm joint budget airline

Posted: 01 Aug 2010 04:39 PM PDT

Flag carrier Thai Airways International Pcl and Singapore's Tiger Airways Holdings Ltd confirmed on Monday they planned to form a new low-fare airline.
Posted by Harshad at 9:01 PM

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