Rupee down 4 paise against US dollar in early trade |
- Rupee down 4 paise against US dollar in early trade
- Sensex up 76 points in opening trade
- RBI's Iran move runs into trouble
- Nokia slips, G’Five pips Samsung to No. 2 slot
- Single-campus hiring sets new records
- UID No. to be used for mobile user verification
- Rising oil prices, EU debt woes may hurt growth
- Airtel to raise internet charges
- RBI tweaks forex hedging norms
- Ban on pulses export extended
- Vikram Pandit says Citi is ready for regulatory changes
- Pesky call bar only from Feb 1
- US consumer confidence survey weighs on stocks
- Rupee up 15 paise against US dollar
- Sensex ends flat in dull trade
| Rupee down 4 paise against US dollar in early trade Posted: 28 Dec 2010 08:44 PM PST The Indian rupee fell marginally by 4 paise to Rs 45.13 against the US dollar in early trade at the Interbank Foreign Exchange today amid sustained demand for the American currency from importers. 
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| Sensex up 76 points in opening trade Posted: 28 Dec 2010 08:33 PM PST The Sensex rose by over 76 points in opening trade today on the back of fresh buying by funds and covering-up of pending short positions ahead of monthly expiry in the derivatives segment tomorrow, which drove up stocks of certain companies. 
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| RBI's Iran move runs into trouble Posted: 28 Dec 2010 04:07 PM PST Oil cos find it tough to import crude after curbs on dollar-based trade 
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| Nokia slips, G’Five pips Samsung to No. 2 slot Posted: 28 Dec 2010 04:05 PM PST The churn in the Indian mobile handset industry continues unabated and if the latest industry figures are anything to go by, Finnish handset maker Nokia and Korean conglomerate Samsung have reasons to be worried. 
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| Single-campus hiring sets new records Posted: 28 Dec 2010 04:03 PM PST With the economy back on track and companies looking to expand, the fight for talent is getting intense. Companies are always looking at ways to optimize their hiring process, and taking in big numbers from a single campus is one such strategy. 
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| UID No. to be used for mobile user verification Posted: 28 Dec 2010 04:00 PM PST The Unique Identification (UID) number project, which is poised to use the 700 million-plus mobile subscriber database and distribution network, will in turn become the basis of issuing mobile connections in the future. The UID number will be the definitive proof for subscriber verification. 
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| Rising oil prices, EU debt woes may hurt growth Posted: 28 Dec 2010 03:58 PM PST The Indian economy is cruising along at a healthy clip of over 8.5% and policymakers expect the growth could be close to 9% in the 2010/11 fiscal, but two factors-rising oil prices and any sudden deterioration in the Eurozone debt problem-may hurt the country's growth prospects. 
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| Airtel to raise internet charges Posted: 28 Dec 2010 03:55 PM PST Indian mobile internet users who have become accustomed to falling charges might need to brace upto a new reality. 
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| RBI tweaks forex hedging norms Posted: 28 Dec 2010 03:54 PM PST The RBI on Tuesday allowed Indian companies to hedge exchange rate risks associated with trade transactions and external borrowings through crosscurrency options. 
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| Posted: 28 Dec 2010 03:50 PM PST In an effort to ease the burden of rising food prices the government on Tuesday extended the ban on export of pulses for an indefinite period and released additional quota of wheat and rice for various states to be sold at subsidised rates through ration shops. 
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| Vikram Pandit says Citi is ready for regulatory changes Posted: 28 Dec 2010 01:15 PM PST Citigroup Inc is on track to exceed expected regulatory requirements and shrink its worst assets to less than 20 percent of its balance sheet, chief executive Vikram Pandit told employees in an end-of-year internal memo on Monday. 
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| Pesky call bar only from Feb 1 Posted: 28 Dec 2010 01:08 PM PST Consumers who were counting the days till January 1 to get a reprieve from unsolicited commercial calls will now have to wait another month, till February 1. 
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| US consumer confidence survey weighs on stocks Posted: 28 Dec 2010 08:03 AM PST An unexpected decline in a closely-watched gauge of U.S. consumer confidence weighed on stocks Tuesday even though it did little to dampen expectations that the U.S. economic recovery is picking up steam. 
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| Rupee up 15 paise against US dollar Posted: 28 Dec 2010 05:32 AM PST Fresh dollar selling by exporters strengthened the Indian rupee which appreciated by 15 paise against the Greenback to close at 45.09/10 amid sluggish demand for the US currency. 
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| Sensex ends flat in dull trade Posted: 28 Dec 2010 03:35 AM PST Stock markets grappled with year-end fatigue, with benchmark Sensex ending flat in a lacklustre trade amid low participation from foreign institutional investors. 
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