Tuesday, March 1, 2011

Hospitality trade rues extra cost

Hospitality trade rues extra cost


Hospitality trade rues extra cost

Posted: 01 Mar 2011 06:13 PM PST

If you are checking into a hotel, watch out, your bill could be higher than what you paid for the same room last time.


All medicines to cost more

Posted: 01 Mar 2011 06:02 PM PST

You will need to pay more for getting that flu shot, or to ease pain during surgery. Prices of vaccines, anaesthetics and intravenous fluids (IV fluids) are expected to go up with the imposition of excise levy.


SEC charges Rajat Gupta with insider trading

Posted: 01 Mar 2011 05:51 PM PST

Federal regulators have charged a former Goldman Sachs board member with insider trading, saying he provided confidential information to the central figure in a major hedge fund probe.


Sensex smashes post-Budget record with 623 point rise

Posted: 01 Mar 2011 01:25 PM PST

What the sensex couldn`t achieve in terms of a record-breaking performance on Monday, it achieved on Tuesday.


Sensex smashes post-Budget record with 623 point rise

Posted: 01 Mar 2011 01:25 PM PST

What the sensex couldn`t achieve in terms of a record-breaking performance on Monday, it achieved on Tuesday.


'March 2012 outer limit for cash transfer'

Posted: 01 Mar 2011 11:59 AM PST

Finance secretary Sushma Nath is the country's first woman finance secretary but the Madhya Pradesh-cadre IAS officer says she does not see her elevation to the top post in North Block through the prism of gender.

IOC gets new boss after one year

Posted: 01 Mar 2011 11:58 AM PST

After a year under caretaker heads, IndianOil Corporation got a full-time boss. ONGC Videsh MD Ranbir Singh Butola took over the reins of India's biggest oil refiner-marketer on Monday.

Mutiny brews against Air India boss

Posted: 01 Mar 2011 11:57 AM PST

The removal of Air India's three new expensive hires, including two COOs, is proving to be the Maharaja's Egyptian uprising that's triggering other revolts against the management.

New tax on LLPs may hit RIL group entities

Posted: 01 Mar 2011 11:55 AM PST

The Budget unveiled has some bad news for Limited Liability Partnership (LLP) firms and the move could, among others, affect some entities within the Mukesh Ambani group.

Pranab knocks down luxury carmakers

Posted: 01 Mar 2011 11:51 AM PST

Playing a party-pooper to the country's growing clout in the luxury car segment, a new provision in the Budget could well lead to a hefty hike

Mutiny brews against AI boss, pilots threaten strike in a week

Posted: 01 Mar 2011 11:04 AM PST

The removal of Air India's three new expensive hires, including two chief operating officers (COOs), is proving to be the Maharaja's Egyptian uprising that's triggering other revolts against the management.


US stocks fall as Bernanke warns about oil prices

Posted: 01 Mar 2011 08:11 AM PST

Stocks fell Tuesday after construction spending dropped to its lowest level in nearly a decade and Federal Reserve Chairman Ben Bernanke said rising oil prices could hurt the economy.


We have to create world class institutions with a soul: Mukesh Ambani

Posted: 01 Mar 2011 07:22 AM PST

The RIL chief was talking about making it mandatory for companies to spend at least 2% of profit on corporate social responsibility activities.


Tata to invest Rs3000cr in affordable housing

Posted: 01 Mar 2011 05:37 AM PST

Tata Housing Development Company on Tuesday said it would invest up to Rs 3,000 crore next fiscal to develop affordable homes across the country.

Tata Housing to invest about Rs 3,000cr on afforable houses

Posted: 01 Mar 2011 05:37 AM PST

Tata Housing Development Company on Tuesday said it would invest up to Rs 3,000 crore next fiscal to develop affordable homes across the country.


Michelin hikes tyre prices by up to 12%

Posted: 01 Mar 2011 02:56 AM PST

Tyre maker Michelin today said it will raise the prices of its entire range of products in the country by up to 12% with effect from April 1, 2011, on account of high input costs.


Mkts up by 581pts ahead of closing bell

Posted: 01 Mar 2011 12:07 AM PST

The BSE benchmark sensex was up by over 581 points ahead of the close of trade on Tueday as investors cheered the government's pledge to trim its Budget shortfall and boost spending on projects needed to sustain growth and contain inflation.


Sensex extends gains to over 450 pts

Posted: 01 Mar 2011 12:07 AM PST

Indian equities continued to rule strong on Tuesday a day after the presentation of the Union Budget as investor sentiment was boosted by the measures to attract foreign investors, including overseas funds, to mutual funds.


Rupee gains 15 paise against US dollar in early trade

Posted: 28 Feb 2011 08:56 PM PST

The Indian rupee gained 15 paise to Rs 45.12 per dollar at the Interbank Foreign Exchange on Tuesday on the back of dollar weakness against other currency rivals.


Sensex up by 209 pts on Budget cues

Posted: 28 Feb 2011 08:52 PM PST

The 30-share index of the Bombay Stock Exchange, which gained nearly 200 points in the previous two trading sessions, added another 208.83 points to 18,032.23 points in opening trade on Tuesday.


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