Tuesday, May 15, 2012

Making moolah on low-key businesses

Making moolah on low-key businesses


Making moolah on low-key businesses

Posted: 15 May 2012 05:20 PM PDT

In business, it's often more profitable to be boring than sexy. Many of India's corporate conglomerates have both glamorous and low-key businesses-and no brownie points for guessing which of them gets the media's adrenaline going.


Auto industry against inclusion in India-EU FTA

Posted: 15 May 2012 05:04 PM PDT

With the proposed India-EU free trade agreement (FTA) in its final leg, the domestic auto industry has raised alarm bells against including the sector in the trade agreement.


DTC bill in monsoon session: Pranab Mukherjee

Posted: 15 May 2012 05:02 PM PDT

Finance minister Pranab Mukherjee on Tuesday said he intends to introduce the revised Direct Taxes Code (DTC) Bill, which seeks to overhaul the 50 yearold income tax laws, in the monsoon session of Parliament.


Luxury sports car makers focus on India, China

Posted: 15 May 2012 05:01 PM PDT

Demand squeeze across key markets in Europe as well as the US is prompting luxury sports car makers turn to emerging markets like India and China to target the bulging millionaire club.


'Indians wary of investing in property'

Posted: 15 May 2012 06:27 AM PDT

Due to lack of confidence in the new launches, buyers are preferring ready-to-move properties, real estate market tracking news portal Track2Realty's survey titled 'Home Buyer's Satisfaction Index' said.


RBI's 'massive' intervention sparks rupee gains

Posted: 15 May 2012 06:02 AM PDT

The rupee strengthened on Tuesday from a near record low against the dollar after the RBI stepped in with what various dealers described as "massive" intervention, signalling an intent to defend the beleaguered domestic currency.


Sensex snaps 5-day losing streak

Posted: 15 May 2012 04:16 AM PDT

Snapping a five-day losing streak, the BSE benchmark Sensex today bounced back from its 4-month lows and closed 112.41 points higher led by capital goods, metal and IT stocks after higher trends in European markets.


India decides to cut crude oil import

Posted: 15 May 2012 12:44 AM PDT

​Succumbing to US pressure, India has decided to cut crude oil import from Iran by over 11 per cent this fiscal to 15.5 million tons.


Moody's cuts 26 Italian banks' ratings

Posted: 14 May 2012 11:42 PM PDT

Moody's Investors Service cut the long-time credit ratings of 26 Italian banks on Monday, underlining the banking woes in both the country and the euro zone.


Rupee up 10 paise against dollar

Posted: 14 May 2012 11:40 PM PDT

The rupee was trading 10 paise up at 53.86 against the American currency in the mid-session after touching 54-level in the morning trade due to fresh selling of dollars by banks and exporters.


Honda launches mass segment bike 'Dream Yuga'

Posted: 14 May 2012 11:18 PM PDT

Japanese two-wheeler major Honda on Tuesday launched its second mass segment motorcycle 'Dream Yuga' in India priced at Rs 44,642 (ex-showroom Delhi).


Sensex recovers by 65 points

Posted: 14 May 2012 10:59 PM PDT

The BSE benchmark sensex recovered nearly 65 points in a mixed late morning trade after hitting 17-week lows in view of buying in capital goods, IT and banking counters despite selling in auto and realty counters.


Sensex recovers by 65 points

Posted: 14 May 2012 10:59 PM PDT

The BSE benchmark sensex recovered nearly 65 points in a mixed late morning trade after hitting 17-week lows in view of buying in capital goods, IT and banking counters despite selling in auto and realty counters.


Re recovers by 19 paise against dollar

Posted: 14 May 2012 09:43 PM PDT

The rupee on Tuesday recovered by 19 paise to 53.77 against the US dollar in early trade after dipping to 54.13 at the outset on the Interbank Foreign Exchange, largely on the back of selling of the American currency by some banks and exporters.


Sensex slips on selling by foreign funds

Posted: 14 May 2012 09:29 PM PDT

Continuing its slide for the sixth straight session, the BSE benchmark Sensex fell further by 93 points in opening trade on Tuesday on continued selling by foreign funds amid concerns over rising inflation.


Asian stocks fall amid Greek worries

Posted: 14 May 2012 09:25 PM PDT

Asian stock markets fell Tuesday, rattled by a political impasse in Greece that could lead the debt-stricken country to a disorderly and destabilising exit from the euro currency union.


No comments:

Post a Comment