Tuesday, April 26, 2011

Petronet's net, volumes soar as RIL supply lags

Petronet's net, volumes soar as RIL supply lags

Petronet's net, volumes soar as RIL supply lags

Posted: 26 Apr 2011 06:52 PM PDT

Petronet LNG Ltd, a privately-registered firm promoted by state-run oil companies for importing gas in ships, on Tuesday saw its net profit more than doubling to Rs 206 crore in the quarter ended March 31.

State-run banks on a hiring spree

Posted: 26 Apr 2011 06:44 PM PDT

There is good news for those entering the job market and if your choice is financial services, the chances are that you may land a job with a state-run bank.

High input costs pinch India Inc

Posted: 26 Apr 2011 06:39 PM PDT

With prices of key inputs showing no signs of mellowing, India Inc's profitability is likely to take a hit. Sectors such as textiles, machinery and cement are likely to be impacted the most .

Fresh move to revive trade talks next month

Posted: 26 Apr 2011 03:24 PM PDT

Trade ministers from major countries will meet in Paris next month to give another shot to revive the sputtering Doha round of trade liberalization talks.

HDFC Life takes step to prevent 'mis-sale' of insurance policies

Posted: 26 Apr 2011 01:34 PM PDT

HDFC Life, a private sector Life insurance company, has introduced 'Most Important Document (MID),' a one-page questionnaire to ensure that customers do not end up buying policies, which they do not need.

RBI prods banks to lower margins

Posted: 26 Apr 2011 01:18 PM PDT

While describing the net interest margin (NIM) of banks as "usurious" and out of sync with international levels, the RBI stopped short of suggesting what banks should do.

M&M ready to make Logan for Renault

Posted: 26 Apr 2011 01:06 PM PDT

Mahindra & Mahindra has said it is open to contract manufacturing the Logan sedan for erstwhile JV partner Renault for its export requirements even as the model has now been rechristened as the 'Verito' with a Mahindra badge.

Sensex ends 39 points down

Posted: 26 Apr 2011 04:26 AM PDT

In volatile trading, the BSE sensex today fell 39 points as investors booked profits ahead of monthly settlement in the derivatives segments amid concerns that interest rates might go up.

No airport development fee for Delhi, Mumbai: Supreme Court

Posted: 26 Apr 2011 01:00 AM PDT

Taking domestic and international flights from the Delhi and Mumbai airports is likely to get cheaper, with the Supreme Court on Tuesday striking down the airport development fee being charged by private operators.

India gold, silver seen continue fall from record

Posted: 25 Apr 2011 11:23 PM PDT

India gold and silver futures are likely to extend a fall from their record highs on Tuesday as investors resort to profit-taking after the gains of the last few sessions, analysts said.

Honda to halve India production after tsunami

Posted: 25 Apr 2011 10:54 PM PDT

Honda's India unit is halving auto production because of a shortage of components following the March tsunami in Japan.

Food prices could push millions into poverty: ADB

Posted: 25 Apr 2011 10:52 PM PDT

Surging food prices could push millions of people in Asia into extreme poverty and threaten the durability of the region's world-leading economic recovery, the Asian Development Bank said on Tuesday.

Sensex recovers to end moderately lower

Posted: 25 Apr 2011 09:17 PM PDT

Indian equities markets closed on Tuesday on a dull note after a benchmark index managed to move up from its intra-days lows, having slipped substantially during the day.

Sensex off to a weak start

Posted: 25 Apr 2011 09:17 PM PDT

A benchmark index for Indian equities markets made a weak start on Tuesday morning. Broader markets were trading flat too.
Posted by Harshad at 9:36 PM

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