Sunday, February 27, 2011

Sensex gains 114 points in opening trade ahead of Budget

Sensex gains 114 points in opening trade ahead of Budget

Sensex gains 114 points in opening trade ahead of Budget

Posted: 27 Feb 2011 08:10 PM PST

The BSE benchmark Sensex opened over 114 points higher in opening trade on Monday on the back of increased buying by foreign funds and retail investors ahead of Budget 2011-2012, which is slated to be announced later in the day.

A start-to-finish home loan guide

Posted: 27 Feb 2011 06:09 PM PST

Interest rates on home loans have gone up. Khyati Dharamsi, Nupur Anand and Vivek Kaul take you through the three stages of borrowing to help you get and repay on the best possible terms.

ONGC emerges on top of PSU profit list

Posted: 27 Feb 2011 05:56 PM PST

ONGC has retained top position on the coveted list of 10 profit-making PSUs, while Air India was the biggest lossmaking state firm on the list of worst performers during the 2009-10 fiscal,says a government survey.

Jam hits the Big Blue in India

Posted: 27 Feb 2011 05:52 PM PST

Over three days in the past week, close to 19,000 employees of IBM India participated in what the company calls a 'jam'.

9,000cr push to reform state discoms

Posted: 27 Feb 2011 03:13 PM PST

The Central government will provide Rs 9,219 crore as interest subsidy on Rs 25,000 crore that is to be loaned to distribution projects, including those in the private or joint sectors, in the two-year period to 2013.

Realty stocks hammered, banks shine

Posted: 27 Feb 2011 12:18 PM PST

In the current millennium, out of the 10 Budgets presented so far by four finance ministers, on six occasions the sensex had closed lower.

Oil companies' losses seen at Rs 105,000 cr

Posted: 27 Feb 2011 12:06 PM PST

Keeping retail prices of fuels low is estimated to jack up losses on motor and kitchen fuels sold by state-run oilmarketing companies to Rs 105,000 crore this fiscal, a tad higher than the Rs 103,000 crore in 2008-09 when international oil prices made history at $147 a barrel.

Oil companies' losses seen at 105,000 cr

Posted: 27 Feb 2011 12:06 PM PST

Keeping retail prices of fuels low is estimated to jack up losses on motor and kitchen fuels sold by state-run oilmarketing companies to Rs 105,000 crore this fiscal, a tad higher than the Rs 103,000 crore in 2008-09 when international oil prices made history at $147 a barrel.

Baring puts MphasiS on billing rates

Posted: 27 Feb 2011 11:20 AM PST

After being hammered on the bourses last Friday over issues of corporate governance, the pressure on Bangalore-based MphasiS has intensified.

End of the road for tax-saving MFs?

Posted: 27 Feb 2011 11:06 AM PST

Will it stay or go off the investment radar? Retail investors may have the answer to this Rs 24,500 crore question once the Union Budget is presented on Monday.

Bagra given charge of Nalco chairman

Posted: 27 Feb 2011 03:42 AM PST

Nalco finance director BL Bagra has been given additional charge of CMD, following suspension of AK Srivastava on graft charges, an official statement said on Sunday.

9% growth forecast difficult to achieve: Economists

Posted: 26 Feb 2011 11:29 PM PST

Even as the government remains bullish about economic growth next fiscal, leading economists aren't as confident as North Block mandarins about India's ability to even maintain the current growth rate given the many domestic and global headwind staring at the country.

Pranab may dole out tax sops to salaried class, farmers

Posted: 26 Feb 2011 09:33 PM PST

Pranab Mukherjee is likely to give tax concessions to the salaried class and offer incentives to farmers in his Budget 2011-12 on Monday.
Posted by Harshad at 9:35 PM

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