Friday, September 23, 2011

3M establishes Rs 100-cr R&D centre

3M establishes Rs 100-cr R&D centre


3M establishes Rs 100-cr R&D centre

Posted: 23 Sep 2011 07:30 PM PDT

3M on Friday launched a new R&D centre in Bangalore with the objective of accelerating its development of products for India.


HP names ex-eBay chief as CEO

Posted: 23 Sep 2011 05:15 PM PDT

Hewlett-Packard named former eBay Inc chief executive Meg Whitman its president and CEO, replacing the harshly criticized Leo Apotheker in a bid to restore investor confidence in the iconic Silicon Valley company.


Global CEOs head for India

Posted: 23 Sep 2011 12:12 PM PDT

India's significance as an emerging market is growing steadily with more global CEOs flying into the country to review operations and look at growth opportunities.


HPCL-Mittal JV plans 2k cr IPO

Posted: 23 Sep 2011 12:11 PM PDT

HPCl-Mittal Energy (HMEL), a joint venture between state-owned HPCL and Mittal Energy, executing 9 mmtpa refinery in Bhatinda plans to tap the capital markets to raise Rs 2,000 crore.


World stocks slide, investors spooked

Posted: 23 Sep 2011 05:07 AM PDT

Most of the Asian bourses slumped in the range of 1-6 per cent, ending the day with lesser losses than seen yesterday, which was mainly on account of value buying at lower levels.


Sensex falls 200 pts on global cues, rupee

Posted: 23 Sep 2011 04:58 AM PDT

The BSE Sensex fell nearly 200 points as sell-off in equities continued globally amid grim growth outlook in the US and debt troubles in Europe.


Rupee sliding: RBI says no intervention required

Posted: 23 Sep 2011 02:43 AM PDT

The RBI on on Friday said its intervention in the forex market, if any, would be limited to curbing volatility, but as of now, the situation does not call for any action even though the rupee has fallen to its weakest level in 28 months.


Sensex pares initial losses, down 115 pts

Posted: 22 Sep 2011 11:17 PM PDT

The Bombay Stock Exchange benchmark sensex was down by 115 points at 10.15am on Friday amid persistent selling pressure.


Rupee down by 33 paise against dollar

Posted: 22 Sep 2011 11:15 PM PDT

The rupee was down by 33 paise to Rs 49.90 per US dollar in early trade on Friday on persistent demand for the American currency from banks and importers.


Sensex opens lower in early trade

Posted: 22 Sep 2011 09:10 PM PDT

After the rout in the previous session, equities markets opened on a weak note Friday as benchmark index sensex fell 169 points soon after the opening bell.


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