Monday, January 30, 2012

Rupee gains 20 paise against dollar

Rupee gains 20 paise against dollar


Rupee gains 20 paise against dollar

Posted: 30 Jan 2012 08:46 PM PST

The rupee strengthened by 20 paise to Rs 49.59 a dollar in early trade on the Interbank Foreign Exchange market today on increased foreign capital inflows.


Sensex up 183 points in early trade

Posted: 30 Jan 2012 08:42 PM PST

The BSE benchmark Sensex recovered by over 183 points in early trade today on buying by funds and retail investors which took cues from firming global trends.


Gold heads for almost 11% rise this month

Posted: 30 Jan 2012 08:21 PM PST

Gold ticked up on Tuesday after the euro recouped some losses, while bullion prices headed for their biggest monthly rise since August as lingering concerns about growth in the United States prompted buying from investors.


Rupee up on capital inflow hopes

Posted: 30 Jan 2012 07:45 PM PST

Rupee opened stronger on Tuesday as improved risk appetite across Asian equities fuelled expectations for capital inflows, but demand for dollars from oil importers will be a key factor later in the day.


Apple’s iPad dominates online buzz in India

Posted: 30 Jan 2012 07:39 PM PST

The study conducted across all online mediums said Apple's iPad captured 55% of all online buzz in the tablet category during July-December 2011.


Last-ditch move to push EU FTA?

Posted: 30 Jan 2012 04:46 PM PST

Prime Minister Manmohan Singh has convened a meeting of external affairs minister S M Krishna and commerce and industry minister Anand Sharma this week ahead of the India-EU Summit on February 10.


Govt will infuse Rs 7,900cr into SBI

Posted: 30 Jan 2012 04:39 PM PST

In a move that will help country's largest lender State Bank of India to improve its creditworthiness and lend more, the government has agreed to infuse Rs 7,900 crore into the bank through a preferential issue.

Govt will infuse 7,900cr into SBI

Posted: 30 Jan 2012 04:39 PM PST

In a move that will help country's largest lender State Bank of India to improve its creditworthiness and lend more, the government has agreed to infuse Rs 7,900 crore into the bank through a preferential issue.


Govt makes another bid to save AI from NPA tag

Posted: 30 Jan 2012 04:30 PM PST

The government is making last-ditch efforts to save Air India (AI) from the non-performing asset (NPA) tag.


Coal India shaves coal prices

Posted: 30 Jan 2012 04:20 PM PST

The Coal India board met here till late in the evening under orders from coal minister Sriprakash Jaiswal to re-examine its pricing structure.


Coal India shaves coal prices

Posted: 30 Jan 2012 04:20 PM PST

The Coal India board met here till late in the evening under orders from coal minister Sriprakash Jaiswal to re-examine its pricing structure.


Radio Mirchi’s net profit grows 42% in 3rd quarter

Posted: 30 Jan 2012 04:18 PM PST

The company's earnings before interest, tax, depreciation and amortization (EBITDA ) stood at Rs 33.5 crore, up 15.2%.


Pranab rebuffs US on Iran, outsourcing

Posted: 30 Jan 2012 04:02 PM PST

India's seniormost cabinet minister pushed back against the United States on Sunday, rejecting pressure from Washington to curtail oil imports from Iran and disapproving American political rants against outsourcing of jobs.


Core sector growth slows to 3.1% in Dec

Posted: 30 Jan 2012 03:59 PM PST

The country's key infrastructure sector rose 3.1% in December, much slower than the previous month's revised 6.7% expansion, pointing to sluggishness in the industrial sector.


LIC Housing Finance Q3 profit up 43%

Posted: 30 Jan 2012 07:00 AM PST

LIC Housing Finance today reported 43 per cent growth in net profit at Rs 305.69 crore for the third quarter ended December 31, 2011.


Dollar sharply dearer against rupee

Posted: 30 Jan 2012 04:40 AM PST

The US dollar was sharply dearer against the rupee at Rs 49.79/80 per dollar on Monday.


Sensex tanks 371 pts on profit booking

Posted: 30 Jan 2012 03:39 AM PST

Snapping a six-day rally, the BSE benchmark Sensex tumbled by 371 points on profit booking at existing higher levels amid a weakening global trend.


Rationalise duties for new steel making technologies: ASSOCHAM

Posted: 30 Jan 2012 12:11 AM PST

Industry chamber Assocham has called for rationalisation of duty structure to provide a level-playing field for new-generation iron and steel making technologies like corex at par with conventional blast furnace technology.


Philips will look for growth outside Europe: CEO

Posted: 29 Jan 2012 10:47 PM PST

Philips Electronics will look for growth outside Europe and is confident of closing its TV deal in the first quarter.


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