Thursday, September 29, 2011

IPOs postponed at record pace globally

IPOs postponed at record pace globally

IPOs postponed at record pace globally

Posted: 29 Sep 2011 05:56 PM PDT

Companies cancelled or postponed $8.9 billion in initial public offerings in the third quarter as stocks plunged, putting the market on pace to set a record for pulled deals.

Food inflation inches up to 9.13%

Posted: 29 Sep 2011 05:50 PM PDT

Rising prices of essential kitchen items like potato and pulses pushed food inflation closer to the double-digit mark at 9.13% for the week ended September 17.

Govt to borrow 53k crore more

Posted: 29 Sep 2011 05:26 PM PDT

In the first indication of the government's budget calculations going awry, the finance ministry on Thursday said it will borrow nearly Rs 53,000 crore more than the budgeted level, a move which will further restrict fund-raising by the private sector.

Axis offers fixed rate home loans

Posted: 29 Sep 2011 05:16 PM PDT

Axis Bank has become the first lender to come out with a mortgage scheme where the interest is fixed for the entire loan term. The bank will charge interest at 11.75%.

Govt to provide capital to PSU banks

Posted: 29 Sep 2011 12:56 PM PDT

With the government ruling out stake dilution below 51%, the finance ministry is assessing the capital requirement of state-run lenders over the next decade.

IGL may hike CNG price this week

Posted: 29 Sep 2011 09:30 AM PDT

After petrol, prices of compressed natural gas (CNG) sold to automobiles in the national capital are likely to be hiked by a steep Rs 2 per kg this week.

Rupee down 21 paise against dollar

Posted: 29 Sep 2011 05:58 AM PDT

Snapping two days of gains, the rupee ended down by 21 paise at 48.96/97 against US currency on fresh month-end dollar demand from importers amid a weak dollar overseas.

Sensex closes 252 pts up on global cues

Posted: 29 Sep 2011 04:51 AM PDT

Ignoring surge in food inflation, the BSE benchmark Sensex on Thursday shot up 252 points as funds bought stocks on firm global cues and covering of positions during this month's settlement in the derivative contracts.

Sensex closes 252 pts up on global cues

Posted: 29 Sep 2011 04:51 AM PDT

Ignoring surge in food inflation, the BSE benchmark Sensex on Thursday shot up 252 points as funds bought stocks on firm global cues and covering of positions during this month's settlement in the derivative contracts.

Gold down Rs 500, silver sheds Rs 1700

Posted: 29 Sep 2011 03:04 AM PDT

While gold plunged by Rs 500 to Rs 26,440 per 10 grams, silver lost Rs 1,700 to Rs 53,500 per kg on sluggish demand.

Gold down Rs 500, silver sheds Rs 1700

Posted: 29 Sep 2011 03:04 AM PDT

While gold plunged by Rs 500 to Rs 26,440 per 10 grams, silver lost Rs 1,700 to Rs 53,500 per kg on sluggish demand.

Food inflation inches up to 9.13%, Pranab worried

Posted: 29 Sep 2011 03:02 AM PDT

Finance minister Pranab Mukherjee termed the rise in food inflation as an area of "grave concern".

Sensex rises 139 points in afternoon trade

Posted: 29 Sep 2011 02:49 AM PDT

The 30-scrip sensitive index (Sensex) of the BSE on Thursday opened at 16,387.91 points, and was ruling at 16,585.44 points, up 139.42 points.

M&M to prowl the world with Cheetah-syle XUV

Posted: 29 Sep 2011 12:32 AM PDT

The crossover vehicle styled on the Cheetah and sporting contemporary design and futuristic technology, is the most ambitious and boldest vehicle yet from the Mahindra stable.

M&M to prowl the world with Cheetah-syle XUV

Posted: 29 Sep 2011 12:32 AM PDT

The crossover vehicle styled on the Cheetah and sporting contemporary design and futuristic technology, is the most ambitious and boldest vehicle yet from the Mahindra stable.

Sensex down 98 pts on selling pressure

Posted: 28 Sep 2011 11:02 PM PDT

The BSE benchmark Sensex was down by 98 points in early trade on Thursday, the last session before current month expiry in the derivatives segment.
Posted by Harshad at 9:09 PM

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