Thursday, December 2, 2010

Sensex dips 40 points on profit booking

Sensex dips 40 points on profit booking


Sensex dips 40 points on profit booking

Posted: 02 Dec 2010 08:23 PM PST

The Sensex, which had gained 713.39 in the last four sessions, fell back by 40.27 points or 0.20% to 19,952.43 level in the first ten minutes of trading.

Rupee 13 paise up against dollar in early trade

Posted: 02 Dec 2010 09:02 PM PST

The Indian Rupee appreciated by 13 paise to trade at Rs 45.15 a dollar at the Interbank Foreign Exchange market in the morning trade on Friday, following dollar selling by exporters.

IIT placements start with a bang

Posted: 02 Dec 2010 12:11 PM PST

Campus placements across the seven older Indian Institutes of Technology got off to a colourful start on Wednesday.

Godrej buys Genteel, Swastik Shikakai

Posted: 02 Dec 2010 04:32 PM PST

The Godrej group is said to have acquired two iconic consumer product brands, Genteel and Swastik Shikakai, from Mumbai-based Priya Kothari family, which is now said to be keen on focusing on its engineering business.

Capgemini has more staff in India than at HQ

Posted: 02 Dec 2010 04:37 PM PST

The employee strength of many global technology companies in India is the largest outside their home country. Capgemini, the French IT consulting, services and business process outsourcing major, however, has reversed the equation by hiring more employees in India than in its home country.

High fares smack of a cartel: Praful

Posted: 02 Dec 2010 02:19 PM PST

The aviation ministry has refused to accept the astronomically high maximum fares submitted by airlines on Wednesday in the price ranges given for domestic flights of different distances.

PepsiCo to take $3.8bn sip in Russia

Posted: 02 Dec 2010 04:54 PM PST

Could it be a little détente over drinks? Even as WikiLeaks has tattled on American diplomats who described Russia as a "virtual mafia state" , the beverage businesses of the two countries just got a little closer.

Commerce minister moves to denotify SEZs in Goa

Posted: 02 Dec 2010 02:40 PM PST

Union commerce minister Anand Sharma on Thursday asked officials in his ministry to initiate the process to denotify the three Special Economic Zones (SEZ) that were notified in Goa, thus putting a stop to the mega proposals.

Sensex closes 143 points up

Posted: 02 Dec 2010 03:24 AM PST

A rally for the fourth day today pushed up the BSE benchmark Sensex to a two-week high as it added another 143 points on positive news of food inflation easing and a firming global trend.

Govt hikes natural gas price by 10%

Posted: 02 Dec 2010 03:37 AM PST

The government has approved a 10 per cent hike in price of natural gas that state-owned firms like Oil and Natural Gas Corp (ONGC) sell to consumers in non-priority sectors such as steel and petrochemicals.

India converted 'brain drain' into 'brain gain': PM

Posted: 02 Dec 2010 06:20 AM PST

Prime Minister Manmohan Singh said India has overcome the problem of 'brain drain' and is drawing on the global 'brain bank' of people of Indian origin.

Rupee ends up by 10 paise against dollar

Posted: 02 Dec 2010 05:34 AM PST

The Indian rupee surged by 10 paise to 45.28/29 against the US dollar today in tandem with the sustained rally in domestic equity markets and dollar selling by exporters and banks

A380 engines may have manufacturing defect

Posted: 01 Dec 2010 10:20 PM PST

Australia's transport safety officials probing the engine failure of a Qantas flight over Indonesia last month, have issued a fresh warning over Airbus A380 engines after discovering a manufacturing defect.

Food inflation falls to 4-month low at 8.6%

Posted: 01 Dec 2010 10:41 PM PST

Food inflation fell to four months' low at 8.60% for the week ended November 20, as prices of vegetables, wheat and pulses declined on increased output and arrival of kharif crop in the market.

Rupee 13 paise up against dollar in early trade

Posted: 02 Dec 2010 09:02 PM PST

The Indian Rupee appreciated by 13 paise to trade at Rs 45.15 a dollar at the Interbank Foreign Exchange market in the morning trade on Friday, following dollar selling by exporters.

PepsiCo to take $3.8bn sip in Russia

Posted: 02 Dec 2010 04:54 PM PST

Could it be a little détente over drinks? Even as WikiLeaks has tattled on American diplomats who described Russia as a "virtual mafia state" , the beverage businesses of the two countries just got a little closer.

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