Friday, February 3, 2012

Five IAS officers join race for Coal India chief’s post

Five IAS officers join race for Coal India chief’s post


Five IAS officers join race for Coal India chief’s post

Posted: 03 Feb 2012 11:54 AM PST

Five senior bureaucrats, who have served or are serving powerful political establishments, are among 15 candidates in race for the post of chairman of the world's biggest coalminer, state-run Coal India Ltd .


RIL to return some KG fields to govt

Posted: 03 Feb 2012 11:50 AM PST

Top Reliance Industries Ltd (RIL) officials told Parliament's public accounts committee (PAC) that the company will return offshore areas at Krishna-Godavari gas fields to the government this year.


FIIs take Re, sensex to 3-month highs

Posted: 03 Feb 2012 11:29 AM PST

The rally in the stock market continued for the fifth consecutive week on the back of strong foreign fund buying, and the sensex closed 173 points higher at 17,605 — its highest close in over three months.


Telenor may exit, Sistema to move SC

Posted: 03 Feb 2012 11:26 AM PST

Within 24 hours of the Supreme Court (SC) order cancelling 121 telecom licences awarded by A Raja in 2008, the affected companies seem to be getting their act together.


Forex reserves up $673m to $294bn

Posted: 03 Feb 2012 06:55 AM PST

The foreign exchange reserves rose for the second consecutive week, increasing by $673.4 million to $293.93 billion on account of jump in foreign currency reserves.


Silver recovers on industrial offtake

Posted: 03 Feb 2012 06:47 AM PST

Silver prices recovered modestly at the bullion market Friday on fresh industrial as well as speculative demand, despite higher global cues.


US unemployment rate falls to 8.3% as jobs surge

Posted: 03 Feb 2012 05:51 AM PST

The US unemployment rate fell to 8.3 percent in January, its lowest level in more than two years, thanks to an unexpected surge in hiring, government data showed Friday.

Maruti plans to roll out SUVs and MPVs

Posted: 03 Feb 2012 05:06 AM PST

With diesel variants now accounting for over a fourth of the country's passenger car sales, the auto major is currently looking at further ramping up production of the diesel versions.


Rupee rises for fifth straight week

Posted: 03 Feb 2012 04:41 AM PST

The rupee posted its fifth straight weekly gain on Friday, aided by a gush of foreign funds as investors bet on a monetary easing to boost growth in Asia's third-largest economy.


Sensex up 173 points; RIL gains

Posted: 03 Feb 2012 03:43 AM PST

Extending gains for the fourth day in a row, the BSE benchmark Sensex today rose by 173 points on sustained buying driven by expectations of a cut in interest rates by the Reserve Bank.


Sensex soars past 17,600 points

Posted: 03 Feb 2012 03:31 AM PST

Main indices of Indian equities markets rallied for the fifth straight week, with benchmark Sensex rising above 17,600 points on the back of continued buying support from overseas investors.


Sensex witnesses choppy trade

Posted: 03 Feb 2012 03:01 AM PST

A benchmark index for Indian equities witnessed choppy trade Friday afternoon, moving in a narrow range of less than 100 points even as Bharti Airtel rose sharply for the second day after the Supreme Court order cancel 122 licences of eight telecom firms.


Rupee at new 3-month high

Posted: 03 Feb 2012 01:53 AM PST

At 3:02pm (0932 GMT), the rupee was at 48.73/74 to the dollar, close to the day's high of 48.72, a level not seen since Oct 31. It at 49.15/16 on Thursday.


Sensex snaps 3-day gains, Airtel rises

Posted: 02 Feb 2012 11:27 PM PST

The BSE Sensex was subdued on Friday as some profit-taking emerged after the index rose more than 3 percent in the last three sessions, and as weak Asian markets ahead of key US jobs data dented investor sentiment.


Economic crisis in Europe to hit India: IMF

Posted: 02 Feb 2012 10:06 PM PST

Having already seen its effects on private investment, any further deterioration in the economic situation of Europe has the potential to hit the Indian economy, including a drop in exports, an International Monetary Fund (IMF) official has said.


Rupee gains 6 paise against dollar

Posted: 02 Feb 2012 09:22 PM PST

The rupee rose marginally by 6 paise to trade at a fresh three-month high of Rs 49.09 per a dollar on the Interbank Foreign Exchange market in early trade on Friday.


No comments:

Post a Comment