Monday, November 1, 2010

FIIs raise stake in 25 sensex companies

FIIs raise stake in 25 sensex companies

FIIs raise stake in 25 sensex companies

Posted: 01 Nov 2010 05:45 PM PDT

Foreign institutional investors (FIIs) have increased their stake in 25 out of the 30 sensex companies for the quarter ended September 2010 compared to the June quarter.

RBI may hike key rates to curb inflation

Posted: 01 Nov 2010 05:49 PM PDT

The Reserve Bank on Monday hinted at a hike in key rates in its mid-year policy review on Tuesday, saying that inflation is above the comfort level-an issue which finance minister Pranab Mukherjee has taken up with the central bank.

Android is No. 2 on smartphone OS mkt

Posted: 01 Nov 2010 05:50 PM PDT

Google's Android software platform rose to No. 2 spot globally on the booming smartphone market in the third quarter, research firm Canalys said on Monday .

ONGC seeks stock-split ahead of FPO

Posted: 01 Nov 2010 05:54 PM PDT

State-owned Oil and Natural Gas Corporation (ONGC) on Monday said it has suggested to the government that the company's stock be split ahead of a planned follow-on public offering in March 2011.

Gold will outlive dollar

Posted: 31 Oct 2010 11:33 PM PDT

The world's monetary system is in the process of melting down. We have entered the endgame for the dollar as the dominant reserve currency, but most investors and policy makers are unaware of the implications.

Inflation a matter of concern: Pranab

Posted: 01 Nov 2010 04:41 AM PDT

Finance minister Pranab Mukherjee on Monday said inflation is a matter of concern, indicating that the Reserve Bank could take some steps to check rising prices at its mid-year monetary policy review on Tuesday.

Sensex closes 315 points higher

Posted: 01 Nov 2010 04:18 AM PDT

A benchmark index of Indian equities on Monday closed 315 points higher with heavyweight scrips ICICI Bank, HDFC and Bharti Airtel gaining the most.

Maruti sales jump 39% in October

Posted: 31 Oct 2010 11:17 PM PDT

The country's largest car maker Maruti Suzuki India on Monday reported its highest ever monthly sales at 1,18,908 units in October, registering a robust 39.21% jump over the year-ago period.

Exports increase by 23.2% in September

Posted: 01 Nov 2010 12:45 AM PDT

India's exports grew by 23.2% in September recording a two-year high of %18.02 billion, while faster import growth raised concerns over the country's widening trade gap.

Sensex 294 pts up on impressive Q2 earnings

Posted: 31 Oct 2010 09:41 PM PDT

The 30-share index rose by 294.07 points or 1.46% to 20,326.41 points. The Sensex had gained 91.30 points in the previous session.

A quarter of year's FII flow came in Oct

Posted: 31 Oct 2010 06:18 PM PDT

Foreign institutional investors (FIIs) infused $6.4 billion in October, accounting for nearly onefourth of the total inflows that have come into the stock market so far this year.

Steel cos cut prices on rupee rise

Posted: 01 Nov 2010 06:09 PM PDT

Leading steelmakers SAIL and JSW Steel on Monday slashed prices of their products by around Rs 700 a tonne amid a softening global trend and appreciation of the rupee against the US dollar.

Android is No. 2 on smartphone OS mkt

Posted: 01 Nov 2010 05:50 PM PDT

Google's Android software platform rose to No. 2 spot globally on the booming smartphone market in the third quarter, research firm Canalys said on Monday .
Posted by Harshad at 9:12 PM

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