Wednesday, January 26, 2011

Sensex recovers 117 points in opening trade

Sensex recovers 117 points in opening trade

Sensex recovers 117 points in opening trade

Posted: 26 Jan 2011 08:15 PM PST

The BSE benchmark Sensex on Thursday recovered by over 117 points in the opening trade on emergence of buying by funds and retail investors at prevailing levels, amid better-than-estimated third quarter earnings by some corporates.

Binayak looms over session

Posted: 26 Jan 2011 04:42 PM PST

The Binayak Sen case cast its shadow on the 'India Insight' session on Wednesday, as NGOs and economists attacked the country's social indicators.

India can't have growth like China: Montek

Posted: 26 Jan 2011 04:42 PM PST

India will not have manufacturing growth like China because of exports. Infrastructure isn't good enough.

'Binayak Sen charged with same law as Gandhi’

Posted: 26 Jan 2011 04:42 PM PST

India will not have manufacturing growth like China because of exports. Infrastructure isn't good enough.

US recovery too weak to reduce joblessness: Federal Reserve

Posted: 26 Jan 2011 02:40 PM PST

US Federal Reserve policymakers unanimously agreed to keep crisis measures in place when they met Wednesday, rejecting fears their policies were stoking inflation.

SAIL to set up steel plant in Indonesia

Posted: 26 Jan 2011 01:27 PM PST

State-run Steel Authority of India (SAIL) will set up a 3 million tonne plant at Central Kalimantan province of Indonesia, entailing a likely investment of up to Rs 15,000 crore.

Montek pitches for labour law reforms

Posted: 26 Jan 2011 11:38 AM PST

Making a case for more flexible labour laws to boost industrial growth, Planning Commission deputy chairman Montek Singh Ahluwalia on Wednesday suggested that Indian trade unions learn from China.

Fridges, ACs and other goods may soon cost more

Posted: 26 Jan 2011 11:13 AM PST

"We are studying the trend of input costs. If the trend continues in the manner in which it is currently moving, then we do not rule out the possibility of another round of price hikes," a Samsung India official said.

Bric nations vie with each other to woo investors

Posted: 26 Jan 2011 07:58 AM PST

If India is trying to put up a strong show at this Swiss ski resort, its rivals China, Russia and Brazil can't be far behind.

Enough is enough, have to reform: Premji on governance deficit

Posted: 26 Jan 2011 07:15 AM PST

Wipro chairman Azim Premji, who was named for the Padma Vibhushan this year, said he is "extremely disappointed" about the performance of the government at the Centre.

Toyota to recall 1.7 million vehicles worldwide

Posted: 26 Jan 2011 04:01 AM PST

Japanese auto-maker Toyota Motor Corp said it will recall as many as 1.7 million vehicles worldwide over concerns about a possible fuel leakage problem.

BBC to axe 650 jobs after it closes 5 world services

Posted: 26 Jan 2011 01:08 AM PST

The BBC World is to axe up to 650 jobs, after it announced the closure of its five international services -- a move intended to save the corporation more than 46 million pounds a year.

BBC to axe 650 jobs after its closes five world services

Posted: 26 Jan 2011 01:08 AM PST

The BBC World is to axe up to 650 jobs, after it announced the closure of its five international services -- a move intended to save the corporation more than 46 million pounds a year.

Maruti crosses 1m sales mark in 10 mths

Posted: 26 Jan 2011 12:30 AM PST

The country's largest carmaker Maruti Suzuki India, which became the first company in India to sell one million units in a single year last fiscal, has already crossed the milestone in just ten months this financial year.

HUL net down 2% to Rs 638 crore

Posted: 25 Jan 2011 05:22 PM PST

High input cost inflation and an enhanced brand investment dragged down the net profit of Hindustan Unilever (HUL) by about 2% to Rs 637.51 crore in the third quarter ended December 31, 2010 as compared to Rs 649.11 crore in the same quarter last year.
Posted by Harshad at 9:15 PM

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