Saturday, May 21, 2011

SAIL expects $778m from share sale

SAIL expects $778m from share sale


SAIL expects $778m from share sale

Posted: 21 May 2011 07:11 PM PDT

State-run Steel Authority of India expects to raise around 35 billion rupees ($778 million) from a share sale, its chairman said on Saturday, adding he expected steel production and sales during the current quarter to be higher than a year earlier.


Sales of ACs, refrigerators pick up

Posted: 21 May 2011 07:05 AM PDT

After starting slow, sales of air-conditioners and refrigerators have picked up in the market as temperature rises across the country.


$150m Infosys campus in Shanghai

Posted: 21 May 2011 05:35 AM PDT

Narayana Murthy said the new campus built on 15 acres of land will be the largest software development centre of Infosys outside India.


Inflationary pressures to continue: Pranab

Posted: 21 May 2011 05:02 AM PDT

India will continue to see inflationary pressures due to high global commodity prices, India's finance minister said on Saturday.

Inflation pressure stays due to commodity prices

Posted: 21 May 2011 05:02 AM PDT

India will continue to see inflationary pressures due to high global commodity prices, India's finance minister said on Saturday.


'Inflation pressure stays due to commodity prices'

Posted: 21 May 2011 05:02 AM PDT

India will continue to see inflationary pressures due to high global commodity prices, India's finance minister said on Saturday.

Sensex down by 205 pts despite fag-end recovery

Posted: 21 May 2011 04:20 AM PDT

Despite hectic short-coverings on the last day of the week ahead of the expiry of May contract coupled with strong results from Larsen and Toubro, the benchmark Sensex fell by 205 points to finish at 18,326.09.


Gold surges, silver recovers

Posted: 21 May 2011 03:58 AM PDT

Gold prices rose smartly at the domestic bullion market here on Saturday on hectic buying by stockists as well as marriage season demand on the back of firm overseas cues.


EgyptAir to double its operations from Mumbai

Posted: 21 May 2011 12:56 AM PDT

EgyptAir is planning to normalise its operations from Mumbai to Cairo by the year end as the country is returning to normalcy.


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