Monday, October 31, 2011

Renault plans India-specific small car

Renault plans India-specific small car

Renault plans India-specific small car

Posted: 31 Oct 2011 12:27 PM PDT

French carmaker Renault is planning to follow the footsteps of rivals like Hyundai, Toyota, Suzuki and Honda to develop an all-new car platform solely for India.

Wipro profit flat on wage hike

Posted: 31 Oct 2011 12:26 PM PDT

IT major Wipro's IT services revenue in the quarter ended September 2011 stood at Rs 6,829 crore, a 7% increase sequentially and a 19% growth over the previous year.

ICICI Bank Q2 net rises 22% to 1,503 cr

Posted: 31 Oct 2011 12:26 PM PDT

ICICI Bank, the largest private sector bank in India, said on Monday that its net profit for the quarter ended September 2011 (Q2FY12) rose 21.6% to Rs 1,503 crore, compared to Rs 1,240 crore during the quarter ended September 2010.

Nita Ambani, Manoj Modi join EIH board

Posted: 31 Oct 2011 12:25 PM PDT

Nita Ambani, educationist and owner of the IPL team, Mumbai Indians-who turns 49 on Tuesday-is now expected to play a larger role in the world of business.

Inflation to ease soon: Pranab

Posted: 31 Oct 2011 09:47 AM PDT

Finance minister Pranab Mukherjee today said inflation will start easing soon as the government's efforts to remove supply-side bottlenecks have started yielding results.

US firms to charge smokers more for healthcare

Posted: 31 Oct 2011 07:27 AM PDT

In recent years, a growing number of companies have been encouraging workers to voluntarily improve their health to control escalating insurance costs.

HSBC, Nokia, Barclays plan huge job cuts

Posted: 31 Oct 2011 07:17 AM PDT

As companies battle the economic slowdown, the employees at large companies in the US and Europe seem to be facing the axe in a major way.

US stock futures slip after yen intervention

Posted: 31 Oct 2011 07:05 AM PDT

US stock index futures fell today following four weeks of market gains, as a spike in the US dollar weighed on commodity prices and dried up bids on other risky assets.

Rupee at 5-week high against dollar

Posted: 31 Oct 2011 06:52 AM PDT

Recovering from its early losses, the rupee today closed at more-than five-week high of 48.69/70 against the US dollar, higher by 7 paise.

Qantas Airways resumes flights

Posted: 31 Oct 2011 06:24 AM PDT

Australia's Qantas Airways returned to the air today after grounding its entire global fleet over the weekend in a bold tactic to force the government to intervene in the nation's worst labour dispute in a decade.

Panasonic sees $5.5bn annual loss

Posted: 31 Oct 2011 06:02 AM PDT

Japanese electronics maker Panasonic Corp forecast an annual net loss of 420 billion yen ($5.5 billion), its biggest in a decade.

'Britain faces 1-in-3 chance of recession'

Posted: 31 Oct 2011 05:45 AM PDT

Britain faces a one-in-three chance of entering recession in the next 12 months and at best it faces several quarters of feeble economic growth, feels economists.

Sensex ends down by 100 pts

Posted: 31 Oct 2011 05:38 AM PDT

Snapping four straight sessions of gains, the BSE benchmark Sensex today declined by almost 100 points to close at 17,705.01 on profit-booking.

Sensex ends down by 100 pts

Posted: 31 Oct 2011 05:38 AM PDT

Snapping four straight sessions of gains, the BSE benchmark Sensex today declined by almost 100 points to close at 17,705.01 on profit-booking.

Greenply Q2 net profit surges to Rs 10.10cr

Posted: 31 Oct 2011 03:14 AM PDT

Greenply Industries today reported over six fold increase in net profit to Rs 10.10 crore for the second quarter ended September 30, 2011, over the same period previous fiscal.

Sensex down 68 points on profit-booking

Posted: 30 Oct 2011 10:00 PM PDT

The BSE benchmark Sensex fell by over 68 points in opening trade today as realty, banking and oil and gas stocks succumbed to profit-booking in the wake of Friday's rally.
Posted by Harshad at 9:09 PM

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