Friday, February 4, 2011

Audi drives in new A8 at Rs 89L

Audi drives in new A8 at Rs 89L

Audi drives in new A8 at Rs 89L

Posted: 04 Feb 2011 04:28 PM PST

Luxury carmaker Audi drove in its new A8 sedan in India, priced at Rs 89 lakh (Delhi ex-showroom), and said it expects full-year sales to top over 4,500 units, showing a 50% growth.

Oil minister sidelines ONGC on Vedanta deal

Posted: 04 Feb 2011 04:13 PM PST

The oil ministry has not called flagship explorer ONGC for a meeting it will have with top executives of Scottish explorer Cairn Energy Plc and NRI metals tycoon Anil Agarwal's London-listed Vedanta Resources on their near-$10 billion M&A deal, the largest in the Indian oil sector.

'Business is still managing US govt'

Posted: 04 Feb 2011 03:57 PM PST

Eminent economist and director Earth Institute at Columbia University, Jeffrey Sachs, is optimistic that economies would continue to grow globally as long as risks like hot money, bubbles and corruption are not allowed to spoil the party.

Trai extends deadline on SMS restrictions to March 1

Posted: 04 Feb 2011 03:53 PM PST

There might be some respite from the annoying text messages that clog your phone inbox, asking you to buy land or the latest brand of laptops for a steal, with the Telecom Regulatory Authority of India (Trai) instructing service providers not to provide packages that allow more than 100 SMSes per day from March 1, 2011.

'Governance, inflation hit FDI flow'

Posted: 04 Feb 2011 03:44 PM PST

Governance and inflation have emerged as key risks for India. These factors are denting investor confidence and foreign direct investment flows which have slowed in recent months and are unlikely to bounce back unless more sectors are opened up and policies streamlined, a report showed on Friday.

Sensex closes 441 points lower

Posted: 04 Feb 2011 03:25 AM PST

After two-day upward movement, the BSE benchmark sensex dipped again today to 5-month low by losing 441 points to close at 18,008.15 as high inflation and rising interest rate fears gripped investors.

CSS Corp to recruit 1,500 technical staff next financial year

Posted: 04 Feb 2011 01:16 AM PST

The US-headquartered company currently has around 5,000 employees, serving at various locations.

Sensex down 291pts at mid-session

Posted: 04 Feb 2011 12:04 AM PST

The Bombay Stock Exchange benchmark Sensex was down by over 291 points at 1300 hours today, dragged down by profit-booking in realty and IT stocks.

Inflation 'serious threat' to growth: PM

Posted: 03 Feb 2011 10:43 PM PST

Addressing chief secretaries of states, Manmohan Singh said that though the economy has been on a high growth trajectory for the past few years, inflation posed a "serious threat to the growth momentum".

Rupee down by 4 paise against dollar

Posted: 03 Feb 2011 09:46 PM PST

The rupee fell by 4 paise to Rs 45.65 against the US dollar in early trade at the Interbank Foreign Exchange today, weighed down by gains registered by the greenback against other currency rivals.
Posted by Harshad at 9:30 PM

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