Rupee ends lower by 18 paise against dollar |
- Rupee ends lower by 18 paise against dollar
- Sensex rises 111 points
- Private airlines owe Rs 14,573 crore to PSU banks
- Sensex rises 100 points
- Kingfisher shares at new record low
- Maruti Suzuki to invest Rs 2000 crore in Haryana
- TCS shares surge on upbeat earnings
- Asian Paints to expand Haryana plant capacity
- Sensex gains 70 points in early trade
- SBI rate cut may trigger war in car loan segment
- Gold no more a bet, just a hedging tool
| Rupee ends lower by 18 paise against dollar Posted: 24 Apr 2012 06:32 AM PDT The rupee on Tuesday recovered from near-53 levels but still ended down by 18 paise at 52.68/69 due to sustained dollar demand from banks. 
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| Posted: 24 Apr 2012 04:51 AM PDT Snapping its two-day losing streak, the BSE benchmark Sensex closed nearly 111 points higher at 17,207.29 on Tuesday. 
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| Private airlines owe Rs 14,573 crore to PSU banks Posted: 24 Apr 2012 02:51 AM PDT Private airlines owe a total of Rs 14,573 crore to state-run banks, with loss making air carriers Kingfisher Airlines and Jet Airways together accounting for almost 80% of the outstanding as on the second quarter of 2011-12. 
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| Posted: 24 Apr 2012 01:16 AM PDT Sensex, the benchmark index for equities markets, was trading 100 points higher in the afternoon session on Tuesday. 
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| Kingfisher shares at new record low Posted: 24 Apr 2012 01:12 AM PDT Kingfisher Airlines hit a new record low of 14.25 rupees, as it heads for a fifth consecutive losing session, on waning hopes the government will allow foreign carriers to invest in the domestic sector anytime soon. 
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| Maruti Suzuki to invest Rs 2000 crore in Haryana Posted: 24 Apr 2012 12:48 AM PDT Maruti Suzuki has decided to scale up its research and development (R&D) infrastructure in India. 
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| TCS shares surge on upbeat earnings Posted: 23 Apr 2012 11:13 PM PDT Shares in India's biggest outsourcing firm Tata Consultancy Services jumped more than 10 percent in early trade on Tuesday after it reported better-than-expected quarterly earnings. 
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| Asian Paints to expand Haryana plant capacity Posted: 23 Apr 2012 10:38 PM PDT Asian Paints, India's largest paint maker, will increase capacity at its plant in the northern state of Haryana by 50,000 kilo litres per annum, the company said. 
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| Sensex gains 70 points in early trade Posted: 23 Apr 2012 09:22 PM PDT Sensex on Tuesday rose by over 70 points in early trade, as surging IT stocks led to the recovery in buying by funds and retailers after country's largest software exporter TCS posted better-than- expected Q4 earnings. 
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| SBI rate cut may trigger war in car loan segment Posted: 23 Apr 2012 05:10 PM PDT The country's largest bank, State Bank of India, has slashed auto loan rates and deposit rates while many others including Kotak Mahindra Bank, Bank of Baroda and Deutsche Bank have cut their benchmark base rates. 
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| Gold no more a bet, just a hedging tool Posted: 23 Apr 2012 05:05 PM PDT Reserve Bank of India governor D Subbarao has gone all out to discourage gold investments as record imports of the yellow metal are adding pressure to the rupee. 
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