Sunday, May 1, 2011

Dollar rises on reports Osama bin Laden is dead

Dollar rises on reports Osama bin Laden is dead


Dollar rises on reports Osama bin Laden is dead

Posted: 01 May 2011 09:14 PM PDT

The US dollar rose against the euro and the yen after reports on Monday that al-Qaida leader Osama bin Laden had been killed nearly 10 years after the September 11 attacks.


Stocks rise after Bin Laden report; oil slides

Posted: 01 May 2011 09:12 PM PDT

Asian stocks rose on Monday and US stock index futures extended gains on the back of media reports that Osama bin Laden was dead.


Sensex in negative zone

Posted: 01 May 2011 09:07 PM PDT

The Bombay Stock Exchange benchmark Sensex recovered by over 60 points in opening trade on Monday on emergence of buying in fundamentally strong shares at attractive low levels.


'I'm execution-focused & result-oriented'

Posted: 01 May 2011 03:40 PM PDT

S D Shibulal is the man in the hot seat at Infosys.


Siesta, sitcoms on Murthy's mind

Posted: 01 May 2011 03:39 PM PDT

A day after N R Narayana Murthy announced that he would be succeeded by veteran banker K V Kamath at the helm of Infosys, the man looked absolutely relaxed.

RIL gas output may fall further: DGH

Posted: 01 May 2011 03:39 PM PDT

Output from Reliance Industries' D1 and D3 showcase gas fields off the Andhra coast-which have seen a sharp fall in recent months-is expected to drop further in 2012-13, the government's regulatory arm for exploration activities has said.

You can't run a company as a democracy: Kamath

Posted: 01 May 2011 01:31 PM PDT

KV Kamath, while scaling ICICI into the country's largest private bank, built a reputation for coming up with ideas which at that time seemed audacious for their sheer scale and ambition. TOI speaks to Infosys new chairman Kamath about the future of India's leading IT company.


China firm to invest $380m in Maharashtra plant

Posted: 01 May 2011 08:36 AM PDT

In a rare case of a Chinese company investing directly in India instead of relying on exports, a leading truck manufacturer has inked an investment deal with the Maharashtra government.


Rolls-Royce secures foreign management rule change

Posted: 01 May 2011 05:53 AM PDT

British aerospace and defence group Rolls-Royce will be able to appoint a foreign chairman or chief executive for the first time in its history under plans to be voted on at its annual meeting this week.


RBI policy meet, Q4 results to decided market mood this week

Posted: 30 Apr 2011 11:44 PM PDT

The stock market may undergo a phase of consolidation this week in light of the RBI's policy meet on Tuesday and the announcement of the quarterly results of various companies, including Hero Honda Motors and Bharti Airtel.


SBI Life to invest Rs 9,600cr in mkt

Posted: 30 Apr 2011 11:14 PM PDT

Country's leading life insurer SBI Life will invest up to Rs 9,600 crore in Indian equity market this fiscal, taking its capital market exposure to over Rs 34,000 crore, a senior company official said today.


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