Monday, August 29, 2011

SpiceJet buys 30 Q400 aircraft

SpiceJet buys 30 Q400 aircraft


SpiceJet buys 30 Q400 aircraft

Posted: 29 Aug 2011 01:17 PM PDT

SpiceJet has acquired the new fleet of Q400 aircraft from Bombardier as it expands its network to connect more Tier II and Tier III cities, including Bhopal, Indore, Mangalore and Tirupati.


Labour troubles stop work at Maruti's Manesar plant

Posted: 29 Aug 2011 01:09 PM PDT

Production came to a halt at Maruti Suzuki's troubled Manesar plant on Monday as the company management forced a 'good conduct' undertaking on workers to check constant labour problems and ensure orderly production.


JNPT terminal project runs into rough weather

Posted: 29 Aug 2011 12:56 PM PDT

The Rs 8,000-crore container terminal expansion plan of the Jawaharlal Nehru Port Trust (JNPT) has run into difficulty after the port's board raised doubts about the consortium that won the bid to undertake the country's largest terminal project.


Scared of economic jargon? Try Arthapedia

Posted: 29 Aug 2011 12:52 PM PDT

Now, a new government website that demystifies economic jargon has made its debut, aiming at ushering in transparency and spreading awareness about economic policy concepts.


RBI lays pitch for corp bank entry

Posted: 29 Aug 2011 12:33 PM PDT

For the first time since bank nationalization in 1969, the ground has been cleared for corporate houses to own banks.


Sensex up 568 pts on hope of US recovery

Posted: 29 Aug 2011 12:29 PM PDT

The BSE sensex rose 3.6% on Monday, its biggest single-session gain in over two years, as Dalal Street investors lapped up software stocks on hopes of a revival in the US.


Tighter capital norms for NBFCs

Posted: 29 Aug 2011 12:23 PM PDT

The Reserve Bank of India has tightened capital norms for non-banking finance companies, particularly those lending to sensitive sectors such as real estate and capital markets.


Magicbricks.com launches PropIndex

Posted: 29 Aug 2011 12:12 PM PDT

PropIndex has been able to address the two key challenges to setting up of an Index in the real estate space - availability of sufficient sample data at a locality level and its authenticity.


Rupee ends at 46.06 vs dollar

Posted: 29 Aug 2011 06:43 AM PDT

At the Interbank Foreign Exchange (Forex) market, the domestic unit opened strong at 45.95/96 a dollar from last close of 46.15/16.


Markets rally, Sensex surges 567 points

Posted: 29 Aug 2011 06:25 AM PDT

The Sensex saw its biggest single day gain in nearly 6 months on buying at bargain levels across sectors led by IT and blue chips such as RIL and Infosys.

RBI panel for tough regulatory norms for NBFCs

Posted: 29 Aug 2011 03:17 AM PDT

Reserve Bank of India panel has advocated tough new norms for non-banking financial companies (NBFCs).


Sensex up 578pts in afternoon trade

Posted: 29 Aug 2011 03:13 AM PDT

A benchmark index for Indian equities markets, the BSE Sensex, on Monday continued to soar in afternoon trade and at one time put on a 600 point gain.


Sensex up 432 points around noon

Posted: 28 Aug 2011 11:38 PM PDT

A benchmark index for Indian equities markets was trading 432 points higher a little before noon Monday, as a relief rally swept the markets on positive global cues and some bargain buying after last week's sell-off.


RIL overtakes ONGC becomes most-valued company

Posted: 28 Aug 2011 11:32 PM PDT

Reliance Industries today reclaimed the numero-uno position in the domestic market capitalisation charts, racing past State-run ONGC to emerge as the country's most-valued company yet again.


Rupee rises on sharp share gains; peers

Posted: 28 Aug 2011 10:01 PM PDT

The rupee strengthened on Monday on the back of sharp gains in domestic shares and gains in other Asian peers.


Sensex regains 16k level, up 326 pts

Posted: 28 Aug 2011 09:31 PM PDT

The sensex regained the crucial 16,000-point level in opening trade on the Bombay Stock Exchange today, surging by over 326 points on fresh buying triggered by a firming trend in other Asian markets.


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