Retail, manufacturing employs 14L in Bihar |
- Retail, manufacturing employs 14L in Bihar
- Rupee gains 6 paise against US dollar
- Sensex sheds 45 points in opening trade
- Food inflation dips to 8%, a four-month low
- Pfizer fights back, to offer Lipitor below generic price
- Maruti sees flat sales, tough times ahead
- Rural growth cushions cos from price rise hit
- Bacardi bullish on buyouts to grow in India
- ONGC reports two discoveries
- Car sales improve but cos brace for tough ride
- Credit default swaps debut but with caveats
- Sensex up 360 pts on easing by central banks
- ‘Don’t let political rift hurt progress’
- S&P assigns stable tag to Indian banks
- Ranbaxy launches generic Lipitor
- HSBC launches fixed rate home loan
- Kingfisher asked to clear airport dues
- Sensex up 360 points to 2-week high
- Nissan mulls more exports from India due to Thai floods
- Food inflation rises to 8%
- Maruti Suzuki sales drop for the sixth month running
- India to see highest foreign remittances in 2011: WB
- Ranbaxy gains over 11% in morning trade on bourses
- Rupee gains 40 paise against dollar
| Retail, manufacturing employs 14L in Bihar Posted: 01 Dec 2011 08:56 PM PST The retail and manufacturing sectors have emerged as the largest job providers in Bihar, together giving employment to more than 14 lakh people. 
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| Rupee gains 6 paise against US dollar Posted: 01 Dec 2011 08:49 PM PST The rupee gained 6 paise to Rs 51.40 per US dollar in early trade on the Interbank Foreign Exchange on Friday on steady selling of the American currency by exporters. 
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| Sensex sheds 45 points in opening trade Posted: 01 Dec 2011 08:18 PM PST The BSE benchmark Sensex declined by nearly 45 points in opening trade on Friday as participants booked profits recorded during the previous two sessions amid a weakening Asian trend. 
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| Food inflation dips to 8%, a four-month low Posted: 01 Dec 2011 01:02 PM PST Food inflation dipped to a four-month low of 8% as on November 19, reflecting fall in prices of essential items like onions, potatoes and wheat giving relief to common-man, while rates for rice and vegetables increased at a moderate pace. 
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| Pfizer fights back, to offer Lipitor below generic price Posted: 01 Dec 2011 12:59 PM PST The world's largest drug manufacturer Pfizer is fighting back aggressively to protect its turf and to hang on to blockbuster Lipitor revenues as long as possible. 
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| Maruti sees flat sales, tough times ahead Posted: 01 Dec 2011 12:57 PM PST Strikes and competition will take the sheen off Maruti's sales as company chairman R C Bhargava said he does not see volumes to grow this fiscal. 
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| Rural growth cushions cos from price rise hit Posted: 01 Dec 2011 12:49 PM PST Despite high inflation hitting demand in urban areas, it's not an all-loss situation for FMCG, consumer durables and automobile companies. Most of the companies with significant presence in the semi-urban and rural India recorded decent growth in the second quarter ended September 30. 
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| Bacardi bullish on buyouts to grow in India Posted: 01 Dec 2011 12:46 PM PST The world's largest privately held spirits company Bacardi will look to boost India growth story through acquisitions, said its global chief executive officer Seamus McBride. 
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| Posted: 01 Dec 2011 12:44 PM PST Flagship explorer Oil and Natural Gas Corporation (ONGC) on Thursday announced two "significant oil discoveries", even as the government told Parliament that the state-run company is to spend Rs 25,000 crore in bringing about a dozen marginal fields into production by 2014. 
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| Car sales improve but cos brace for tough ride Posted: 01 Dec 2011 12:42 PM PST After witnessing their sharpest fall in over a decade in October, car sales improved in November as companies like Tata Motors, Hyundai, Toyota and Mahindra saw an increase in demand, but Maruti's volumes continued to decline. 
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| Credit default swaps debut but with caveats Posted: 01 Dec 2011 12:41 PM PST The much-delayed guidelines on credit default swaps (CDS)—derivative instruments that allow lenders to pass on the credit risk to others—became effective from December 1. 
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| Sensex up 360 pts on easing by central banks Posted: 01 Dec 2011 12:39 PM PST A global rally backed by a concerted move by several central banks to make it easier to supply cash to the struggling European banks had a positive impact on Dalal Street as well with the sensex rallying 360 points higher to 16,484 on Thursday, a two-week closing high. 
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| ‘Don’t let political rift hurt progress’ Posted: 01 Dec 2011 12:32 PM PST Political differences should not be allowed to come in the way of India's economic progress, Tata Group chairman Ratan Tata said, while expressing concerns over slowing down of the economy. 
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| S&P assigns stable tag to Indian banks Posted: 01 Dec 2011 12:18 PM PST International rating agency Standard & Poor's has assigned a stable outlook to leading Indian banks indicating that a downgrade is unlikely in the next 18-24 months. 
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| Ranbaxy launches generic Lipitor Posted: 01 Dec 2011 11:50 AM PST India's largest drug company, Ranbaxy, which had been chasing a dream for years to launch the first generic version of world's top-selling medicine Lipitor in the US, has finally succeeded—and, that too, as per schedule. 
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| HSBC launches fixed rate home loan Posted: 01 Dec 2011 07:35 AM PST The country's second largest foreign lender HSBC India on Thursday launched a fixed rate product for home loans and loans against property. 
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| Kingfisher asked to clear airport dues Posted: 01 Dec 2011 05:02 AM PST The development comes amidst reports that even the Airport Authority of India has threatened to put the airline on cash-and-carry mode. 
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| Sensex up 360 points to 2-week high Posted: 01 Dec 2011 03:44 AM PST Sensex, which gained 115 points on Wednesday, opened 590 points up. However, it witnessed some profit-booking and closed 359.99 points up at 16,483.45, the level last seen on November 17. 
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| Nissan mulls more exports from India due to Thai floods Posted: 30 Nov 2011 11:41 PM PST Japanese car giant Nissan is looking to utilise its Indian production facility to export vehicles to more markets like the Middle East as overseas sales from its Thailand manufacturing base have come to a standstill in the wake of devastating floods in the nation. 
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| Posted: 30 Nov 2011 11:19 PM PST Food price index rose 8 per cent, at its slowest pace in nearly 4 months, and the fuel price index climbed 15.53 per cent in the year to November 19, government data on Thursday showed. 
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| Maruti Suzuki sales drop for the sixth month running Posted: 30 Nov 2011 11:10 PM PST Automobile major Maruti Suzuki reported an 18.5 percent drop in November sales -- the sixth straight month of decline. 
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| India to see highest foreign remittances in 2011: WB Posted: 30 Nov 2011 10:16 PM PST Other large recipients include Pakistan, Bangladesh, Nigeria, Vietnam, Egypt and Lebanon, the report said. 
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| Ranbaxy gains over 11% in morning trade on bourses Posted: 30 Nov 2011 10:16 PM PST Shares of Ranbaxy Laboratories jumped by over 11 per cent in morning trade on the bourses on Thursday after the drug major launched its generic version of blockbuster cholesterol-lowering drug Lipitor in the US. 
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| Rupee gains 40 paise against dollar Posted: 30 Nov 2011 10:06 PM PST The Indian rupee gained 40 paise to Rs 51.80 per dollar in morning trade on the Interbank Foreign Exchange on Thursday, tracking gains registered by the euro and Asian peers against the U.S. dollar amid a strong opening in the domestic equity market. 
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