Tuesday, November 30, 2010

Sensex up 94 points in opening trade

Sensex up 94 points in opening trade

Sensex up 94 points in opening trade

Posted: 30 Nov 2010 08:19 PM PST

The BSE benchmark Sensex rose by nearly 94 points in the opening trade today on sustained buying by funds and retail investors, buoyed by improved domestic economic growth.

Rupee gains 20 paise against dollar

Posted: 30 Nov 2010 08:45 PM PST

The Indian Rupee strengthened by 20 paise to Rs 45.68 a dollar at the Interbank Foreign Exchange market in the morning trade today, tracking gains in other Asian currencies.

RIL's K-G fields see 15% output dip

Posted: 30 Nov 2010 04:33 PM PST

RIL's prolific D-1 and D-3 gas fields off the east coast have seen a 15% drop in production to about 45-46 million cubic meters per day because of reservoir complexities .

China to crack whip on piracy

Posted: 30 Nov 2010 04:29 PM PST

China's government announced a new crackdown on Tuesday on rampant illegal copying of products from software to music that is adding to the tensions with Washington and other governments over trade and currency complaints.

Google close to buying Groupon for $6 billion

Posted: 30 Nov 2010 04:25 PM PST

Google is nearing a deal to acquire Groupon, the pioneering online discounter, for as much as $6 billion, people with direct knowledge of the matter said.

Trai set to unveil norms to bar pesky calls

Posted: 30 Nov 2010 04:11 PM PST

The Telecom Regulatory Authority of India (Trai) is set to announce a new mechanism to effectively arrest pesky commercial calls on Wednesday .

Obama in tax face-off at White House

Posted: 30 Nov 2010 09:06 AM PST

President Barack Obama and Republican congressional leaders took their battle over taxes into a face-to-face meeting on Tuesday with no breakthrough expected and Republicans showing no sign of compromise.

Global firms prefer India-plus-one model

Posted: 30 Nov 2010 04:02 PM PST

The Mumbai terror attacks of 2008 created a term that is increasingly coming into the lexicon of IT outsourcing—' India plus one' .

GDP rises 8.9% in Jul-Sep

Posted: 30 Nov 2010 11:32 AM PST

The Indian economy grew by 8.9% in the quarter-ended September, driven by a sharp rebound in farm output on the back of abundant monsoon rain.

Sensex 136 points up on GDP figures

Posted: 30 Nov 2010 04:02 AM PST

Buoyed by impressive economic growth data for the second quarter this fiscal, BSE barometer Sensex pared early losses to settle with a gain of 116 points, mainly on the bounce-back in realty stocks led by DLF.

GDP growth of 8.9% in Q2 exceeds expectations

Posted: 30 Nov 2010 01:29 AM PST

Belying expectations of a slowdown, the Indian economy expanded at better than expected pace of 8.9 per cent in the second quarter of this fiscal, prompting experts to peg the growth rate for the current financial year at 9 per cent.

Rupee edges up on strong GDP data

Posted: 30 Nov 2010 05:43 AM PST

The Indian rupee seesawed on Tuesday before closing marginally stronger as positive sentiment due to a better-than-hoped economic expansion in the September quarter was offset by sharp losses in the euro.

Rupee gains 20 paise against dollar in early trade

Posted: 30 Nov 2010 08:45 PM PST

The Indian Rupee strengthened by 20 paise to Rs 45.68 a dollar at the Interbank Foreign Exchange market in the morning trade today, tracking gains in other Asian currencies.

China to crack whip on piracy

Posted: 30 Nov 2010 04:29 PM PST

China's government announced a new crackdown on Tuesday on rampant illegal copying of products from software to music that is adding to the tensions with Washington and other governments over trade and currency complaints.
Posted by Harshad at 10:12 PM

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