Rupee up 19 paise to Rs 45.56 in early trade |
- Rupee up 19 paise to Rs 45.56 in early trade
- Sensex gains 220 points in opening trade
- Change at Infosys to keep up with times
- IT moving to co-creation with customers: Som Mittal
- Aegis bags $2b deal from Saudi Telecom
- Titan plans to rebrand as a lifestyle firm
- Siemens to hike stake in Indian arm
- 'RIL natural buyer for Atlas assets'
- Egypt unrest: Little impact on oil supply
- Changing gear: Car sales moderate in new year
- Maybach starts 2nd innings with 4 crore tag
- Sensex hits 5-mth low in FII selloff
- Deccan, Taj and Business Jets join hands to launch Powerfly
- HDFC ups lending rates by 25 bps
- Rupee recovers 15 paise against dollar
- Dabur shuts Egypt plant, Emami cagey over unrest
- India's exports rise 36.4%in December
- Mercedes drives in new Maybach at Rs5.1cr
- Afcon Infra bags Chennai Metro project
- 3 more banks raise deposit, lending rates by 50bps
- Sensex tanks over 300 pts
- Sensex dips below 18k level on heavy fund outflows
- Sensex reacts to profit-booking, down 161 points
- Rupee up by 6 paise against dollar in early trade
| Rupee up 19 paise to Rs 45.56 in early trade Posted: 01 Feb 2011 08:33 PM PST The rupee gained 19 paise to Rs 45.56 against the US dollar in early trade at the Interbank Foreign Exchange on Wednesday. 
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| Sensex gains 220 points in opening trade Posted: 01 Feb 2011 08:23 PM PST The 30-share index of the Bombay Stock Exchange surged by 219.18 points, or 1.21 per cent, to 18,241.40 within the first few minutes of trade. 
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| Change at Infosys to keep up with times Posted: 01 Feb 2011 04:55 PM PST Infosys Technologies seems all set for a rejig. The changes are designed to better respond to the changing market. Wipro recently installed a new CEO, while at MindTree, founder-chairman, Ashok Soota, has quit. 
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| IT moving to co-creation with customers: Som Mittal Posted: 01 Feb 2011 04:51 PM PST Indian IT's move from outsourcing to co-creation with customers and with other countries will be a major point of discussion at the Nasscom Leadership Summit scheduled to be held in Mumbai between February 8 and 10. 
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| Aegis bags $2b deal from Saudi Telecom Posted: 01 Feb 2011 04:48 PM PST Essar Group firm Aegis on Tuesday said it has bagged a contract worth $2 billion from Saudi Telecom, under which the BPO major will manage the entire customer care operations of the telecom firm. 
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| Titan plans to rebrand as a lifestyle firm Posted: 01 Feb 2011 04:39 PM PST The country's largest watch manufacturer Titan is undergoing a rebranding exercise. 
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| Siemens to hike stake in Indian arm Posted: 01 Feb 2011 04:13 PM PST The German industrial group Siemens said on Monday that it planned to raise its stake in its Indian-listed subsidiary from 55% to 75% at a cost of around 1 billion ($1.36 billion). 
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| 'RIL natural buyer for Atlas assets' Posted: 01 Feb 2011 04:10 PM PST Mukesh Ambani-led RIL has offered to buy American shale gas company Atlas Energy's assets in the US, rivaling a bid by Chevron Corporation. 
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| Egypt unrest: Little impact on oil supply Posted: 01 Feb 2011 11:25 AM PST The turmoil in Egypt will have little impact on oil supplies to India. The pressure on domestic fuel pricing too will not aggravate since benchmark crude broke its rally on the New York Mercantile Exchange on strong Opec signal against supply shortfall and fear of reduced demand on China manufacturing growth slowing in January. 
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| Changing gear: Car sales moderate in new year Posted: 01 Feb 2011 11:20 AM PST Car sales appeared to be taking a breather in the new year as high sales in December and rapidly-rising interest rates seem to have affected the demand. 
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| Maybach starts 2nd innings with 4 crore tag Posted: 01 Feb 2011 11:16 AM PST Maybach, the luxury saloon from Mercedes Benz, re-entered the Indian market with a price upwards of Rs 4 crore, joining the fat list of Rs 1 crore-plus cars that are making a beeline for the fast-expanding Indian millionaires and billionaires. 
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| Sensex hits 5-mth low in FII selloff Posted: 01 Feb 2011 11:14 AM PST Mumbai: The slide in the markets continued for the fifth consecutive session on Tuesday with the sensex losing another 306 points to close at 18,022,... 
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| Deccan, Taj and Business Jets join hands to launch Powerfly Posted: 01 Feb 2011 08:13 AM PST Air charter services provider Deccan Charters, Taj Air - the executive charter service of IHCL, and Business Jets India Pvt Ltd joined hands to launch Powerfly, which will offer services on demand. 
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| HDFC ups lending rates by 25 bps Posted: 01 Feb 2011 06:28 AM PST Housing mortgage lender HDFC today increased the retail prime lending rate for both existing and new customers by 25 basis points (bps) with effect from today. 
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| Rupee recovers 15 paise against dollar Posted: 01 Feb 2011 06:20 AM PST Snapping its two-day long loosing streak, the rupee today closed 15 paise up against the US currency on the back of fresh sales of dollars by exporters even as equity markets witnessed sharp losses. 
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| Dabur shuts Egypt plant, Emami cagey over unrest Posted: 01 Feb 2011 04:24 AM PST Leading Indian FMCG firms, including Dabur and Emami, today said their businesses in Egypt might get an impact due to the ongoing political unrest in the African nation. 
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| India's exports rise 36.4%in December Posted: 01 Feb 2011 04:22 AM PST India's exports jumped 36.4% to $22.5 billion in December, the highest level in nearly three years, while imports declined 11.1% to $25.13 billion, according to official data released Tuesday. 
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| Mercedes drives in new Maybach at Rs5.1cr Posted: 01 Feb 2011 04:04 AM PST Offering more choices to growing Indian millionaires, premium carmaker Mercedes-Benz re-introduced its super-luxury sedan Maybach in the country, the prices of which will go up to Rs5.10cr (ex-showroom Delhi). 
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| Afcon Infra bags Chennai Metro project Posted: 01 Feb 2011 03:58 AM PST Afcons Infrastruture today said it has bagged a contract worth Rs 2,598 crore for execution of the Chennai Metro Project. 
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| 3 more banks raise deposit, lending rates by 50bps Posted: 01 Feb 2011 02:50 AM PST Three more state-owned banks, including Oriental Bank of Commerce and Indian Bank today raised their deposit and lending rates by 50 basis points. 
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| Posted: 01 Feb 2011 02:26 AM PST After recording its worst monthly show in January in two years, the BSE benchmark Sensex today tanked another 305 points to close at 5-month low of 18,022.22 on heavy fund outflows over concerns that rising input costs, inflation and hike in interest rates will trim corporate earnings. 
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| Sensex dips below 18k level on heavy fund outflows Posted: 01 Feb 2011 02:26 AM PST The Sensex nosedived by over 330 points to below the 18,000-mark today on frantic selling by investors over concerns that rising input costs and a hike in interest rates will trim corporate earnings. 
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| Sensex reacts to profit-booking, down 161 points Posted: 31 Jan 2011 10:30 PM PST The Sensex, which had gained nearly 125 points at the onset of trade, was down 161.74 points at 18,166.02 at 10.30am, with auto, realty, IT and oil and gas stocks leading the fall. 
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| Rupee up by 6 paise against dollar in early trade Posted: 31 Jan 2011 08:50 PM PST The rupee strengthened by 6 paise to Rs 45.84 against the US dollar in early trade at the Interbank Foreign Exchange on Tuesday. 
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