Rupee falls by 4 paise in early trade |
- Rupee falls by 4 paise in early trade
- Sensex opens 154pts up
- Will more family-run businesses take selloff route this year?
- Battered realty stocks may get respite
- Patni and iGate put deal on hold
- PNB plans insurance foray
- Tax saving secrets
- Banks play numerology with FD rates
- How relationship managers cheat you?
- Pranab hopes Budget Session will run smoothly
- Price rise matter of concern: Pranab
- Market expects bullish 2011 ahead
- Raise price of Jatropha bio-diesel: CII
- RBI mulls new ways for direct information flow
- MNC banks pay highest to staff, HDFC lowest
- Tata Steel, Nippon to ink Rs 2,400cr JV
- Tata Steel, Nippon to ink Rs 2,400-cr JV
| Rupee falls by 4 paise in early trade Posted: 02 Jan 2011 08:33 PM PST Rupee snapped its four-session gaining streak in the early trade today and depreciated by 4 paise to Rs 44.74 a dollar, as the US currency strengthened against major currencies. 
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| Posted: 02 Jan 2011 08:22 PM PST The Bombay Stock Exchange benchmark Sensex today opened almost 154 points up on continued buying by foreign funds and retail investors, tracking firming Asian bourses. 
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| Will more family-run businesses take selloff route this year? Posted: 02 Jan 2011 03:58 PM PST Four big deals in a year involving family business selloffs. And it's probably time to ask whether Indian family enterprises are now comfortable hanging 'for sale' boards? 
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| Battered realty stocks may get respite Posted: 02 Jan 2011 03:54 PM PST The fortunes of the real estate stocks moved in tandem with the broader markets during the pre-recessionary highs as well as the lows of the recession. However, now, when the Indian economy shows strong signs of recovery and the broader markets reflect this confidence, realty stocks seem to have been left out of the rally. 
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| Patni and iGate put deal on hold Posted: 02 Jan 2011 03:52 PM PST The long-drawn sale of Patni Computer Systems suffered another setback with preferred suitor iGate Corporation calling off a press meet scheduled for Monday in which the latter was expected to announce the acquisition. 
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| Posted: 02 Jan 2011 03:50 PM PST Punjab National Bank has said that it plans to enter the life and general insurance business and has appointed Boston Consulting Group its adviser. 
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| Posted: 02 Jan 2011 03:48 PM PST The Income Tax Act 1961 runs into over 1,000 pages. It can intimidate the most diligent law student and tax expert, leave alone ordinary taxpayers. But hidden away in the 300-odd sections and 14 schedules are clauses that can benefit you-provided you know how to claim them. Vivek Kaul and Khyati Dharamsi spoke to tax experts to glean information on little-known tax benefits you may be entitled to. 
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| Banks play numerology with FD rates Posted: 02 Jan 2011 03:40 PM PST At first, it seemed banks had caught the numerology bug. What else could explain the high interest rates on fixed deposits (FDs) with odd tenures? ICICI Bank is offering 8% interest on FDs for 390 days whereas one-year deposit earns 7.75% interest. 
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| How relationship managers cheat you? Posted: 02 Jan 2011 03:40 PM PST The Citibank relationship manager who cheated high profile clients with shocking ease, isn't an exception. As Kamya Jaiswal discovered in her interaction with relationship manager of a bank in Delhi, mis-selling of financial products is rampant. 
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| Pranab hopes Budget Session will run smoothly Posted: 02 Jan 2011 09:36 AM PST Finance minister Pranab Mukherjee Sunday hoped that the upcoming Budget Session of Parliament will run smoothly, but described as "unfortunate" the opposition parties' rejection of his suggestion for a special session to break the logjam on the 2G scam issue. 
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| Price rise matter of concern: Pranab Posted: 02 Jan 2011 09:23 AM PST Finance minister Pranab Mukherjee said price rise is a matter of concern and hoped that with steps being taken by the government, food inflation which has shot up to 14%, may come down to 6.5% by March end. 
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| Market expects bullish 2011 ahead Posted: 02 Jan 2011 07:19 AM PST Stock market is looking forward to a record-breaking year ahead in 2011 with hopes to push Sensex above 24,000 mark -- given economy keeps on roaring, foreign investors keep on pouring money and scamsters are kept at bay. 
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| Raise price of Jatropha bio-diesel: CII Posted: 01 Jan 2011 10:46 PM PST The government should increase the prices of Jatropha bio-diesel to Rs 36/litre to make the fuel sustainable and push the growth of the industry, industry body CII has said. 
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| RBI mulls new ways for direct information flow Posted: 01 Jan 2011 10:44 PM PST Amid a surge in bank scams including the recent Rs 400-crore Citibank fraud, RBI is considering putting in place a system that would allow it to directly monitor all transactions at various banks. 
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| MNC banks pay highest to staff, HDFC lowest Posted: 01 Jan 2011 10:43 PM PST A study of 21 large banks in the country has found that foreign banks, led by Citi India, have the highest employee cost and HDFC has the lowest with the state-run lenders getting sandwiched in the middle. 
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| Tata Steel, Nippon to ink Rs 2,400cr JV Posted: 01 Jan 2011 10:41 PM PST Tata Steel plans to ink an agreement with Japan-based Nippon Steel Corporation (NSC) by end-this month to set up a Rs 2,400-crore steel plant for producing auto-grade steel. 
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| Tata Steel, Nippon to ink Rs 2,400-cr JV Posted: 01 Jan 2011 10:41 PM PST Tata Steel plans to ink an agreement with Japan-based Nippon Steel Corporation (NSC) by end-this month to set up a Rs 2,400-crore steel plant for producing auto-grade steel. 
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