Friday, August 26, 2011

Hotel tariffs touch Rs40,000 a night on F1 rush

Hotel tariffs touch Rs40,000 a night on F1 rush


Hotel tariffs touch Rs40,000 a night on F1 rush

Posted: 26 Aug 2011 11:59 AM PDT

The traditionally low occupancy Diwali time has become a mega money spinner for hotels in Noida and Delhi this year. The first ever Formula 1 Airtel Indian Grand Prix at Greater Noida slated for the festive weekend has led to all nearby five-star hotels getting sold out.


Banks, UIDAI to deploy 14L micro-ATMs

Posted: 26 Aug 2011 11:55 AM PDT

The Unique Identification Authority of India is working with the Indian Banks' Association to create a network of 14 lakh micro ATMs across the country.


Returns from gold ETFs near post-crisis highs

Posted: 26 Aug 2011 11:49 AM PDT

Despite the decline in the last two days, the recent run-up in the prices of gold has enabled gold exchange traded funds (ETFs) to nearly match the performance achieved in the aftermath of the global financial crisis.


ADAG stocks plunge on 2G probe rumours

Posted: 26 Aug 2011 11:47 AM PDT

Stocks from the Reliance ADA group of companies fell sharply in Friday's weak market amidst fresh rumours about the group's current troubles relating to the ongoing 2G telecom spectrum scam investigations by the CBI.


After 4 years, ONGC again most valued co

Posted: 26 Aug 2011 11:45 AM PDT

State-owned oil explorer ONGC regained its prized crown of being India's most valued firm by market capitalization (M-cap) on Friday, overtaking its private sector peer Reliance Industries (RIL) as a regular game of musical chairs for the top slot continued in the stock market.


Sensex ends below 16k, down 297 pts

Posted: 26 Aug 2011 04:21 AM PDT

Bombay Stock Exchange benchmark Sensex on Friday closed below the 16,000 level for the first time in 18 months as it lost over 297 points on weak global trend.


Gold drops further by Rs 700

Posted: 26 Aug 2011 03:39 AM PDT

Gold and silver registered their biggest single-day decline in 18 months in the bullion market here today on frantic selling by stockists, triggered by a meltdown in global markets.


Gold drops further by Rs 700

Posted: 26 Aug 2011 03:39 AM PDT

Gold and silver registered their biggest single-day decline in 18 months in the bullion market here today on frantic selling by stockists, triggered by a meltdown in global markets.


Sensex flat in early trade

Posted: 25 Aug 2011 09:25 PM PDT

Sensex on Friday was ruling flat in early trade amid dull cues from other Asian markets.


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