Tuesday, July 31, 2012

Rupee opens lower today

Rupee opens lower today

Rupee opens lower today

Posted: 31 Jul 2012 09:09 PM PDT

The rupee was lower in opening trades on Wednesday.

NDTV sues Nielsen for fraud, negligence

Posted: 31 Jul 2012 03:55 PM PDT

Global television rating agency Nielsen has been sued by Indian TV channel NDTV for $810 million for fraud and $580 million for negligence in a New York court.

Growth to dip in H1 of 2012-13: Basu

Posted: 31 Jul 2012 03:51 PM PDT

India will have to work towards bringing down corruption but stamping out the menace completely would not be possible, outgoing chief economic adviser Kaushik Basu said on Tuesday.

Atos’ Indian techies prop up London Olympics

Posted: 31 Jul 2012 03:39 PM PDT

The London Olympics is witness to a critical yet quiet, behind-the-scenes presence of an Indian contingent.

Premier drives in Rio diesel SUV at Rs 6.7 lakh

Posted: 31 Jul 2012 10:08 AM PDT

Weeks after French carmaker Renault kicked up competition in the compact SUV segment in India with the Duster, it is now the turn of domestic maker Premier Ltd., led by the Doshis of Maharashtra.

Rupee drops by 7 paise vs dollar

Posted: 31 Jul 2012 06:20 AM PDT

In volatile trade, the rupee today dropped by 7 paise to close at 55.65 against the US currency, notwithstanding RBI announcing easing of norms with regards to retention of foreign exchange earnings.

Deutsche Bank to slash 1,900 jobs

Posted: 31 Jul 2012 05:23 AM PDT

Deutsche Bank, Germany's biggest lender, said on Tuesday it planned to slash 1,900 jobs, mainly abroad, as part of a $3.7-billion cost-cutting programme.

Sensex closes 92 points up on global cues

Posted: 31 Jul 2012 04:25 AM PDT

Sensex today made a smart comeback and closed over 92 points higher led by oil&gas and IT stocks amid strong global trends even as RBI kept policy rates unchanged.

Sensex closes 92 points up on global cues

Posted: 31 Jul 2012 04:25 AM PDT

Sensex today made a smart comeback and closed over 92 points higher led by oil&gas and IT stocks amid strong global trends even as RBI kept policy rates unchanged.

Gold climbs Rs 220 on festive demand

Posted: 31 Jul 2012 03:16 AM PDT

Traders said sentiment turned bullish on buying by stockists and jewellers for the coming festival and marriage season.

Sensex down as RBI leaves rates unchanged

Posted: 31 Jul 2012 12:10 AM PDT

Erasing initial gains, the sensex was down by over 84 points after the Reserve Bank left the key interest rate unchanged on Tuesday to fight inflation.

Panasonic posts nearly seven-fold Q1 profit gain

Posted: 30 Jul 2012 11:55 PM PDT

Japan's Panasonic Corp posted a nearly seven-fold gain in first-quarter operating profit after cutting costs to offset losses.

Rupee pares initial gains, still up by 3 paise

Posted: 30 Jul 2012 11:13 PM PDT

The rupee pared its initial gains to trade higher marginally by 3 paise to 55.55 against the American currency in the late morning trade on fresh dollar selling by exporters and some banks amidst firm dollar overseas.

Sahara buys NY's Plaza Hotel for $570m

Posted: 30 Jul 2012 10:07 PM PDT

Sahara Group has agreed to buy a controlling stake in New York's landmark Plaza Hotel for $570 million, Elad Properties, an Israeli-owned real estate company said.

Rupee up 15 paise against dollar

Posted: 30 Jul 2012 09:23 PM PDT

The rupee gained 15 paise to 55.43 against the US dollar in early trade on Tuesday at the Interbank Foreign Exchange.

Sensex up marginally in early trade

Posted: 30 Jul 2012 09:18 PM PDT

The 30-share barometer, which had climbed almost 505 points in the previous two sessions, rose by another 55.26 points, or 0.32 per cent, to 17,198.94.

Rupee opens higher; RBI policy awaited

Posted: 30 Jul 2012 09:04 PM PDT

The rupee was higher in opening trade on Tuesday as gains in Asian shares and a stable euro boosted the local unit.
Posted by Harshad at 9:34 PM

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