Samsung earns record profit |
- Samsung earns record profit
- Car financiers locked in battle over benefits
- Raise FDI limit in defence sector: Panel
- $1.25bn mop-up by SBI may open doors for banks
- US doublespeak on patent waiver bared
- Margin calls, rumours hit mid-caps
- Gold, silver rally on sustained demand, global trend
- Standard & Poor's lowers outlook on Tata Steel
- M&M launches new Verito; price starts at Rs 5.27L
- Rupee rallies, biggest gain in two weeks
- Sensex drops as banks hit
- Rupee snaps 4-day fall, up 64 paise vs dollar
- Sensex falls 206 points to six-week low
- Gold rises further, up Rs 150 on festive demand
- ITC Q1 net profit up 20%, misses forecast
- Sensex erases initial gains; down 29 points
- Maruti faces months of supply woes
- Sensex marginally up in early trade
- Rupee rebounds on higher euro, share gains
| Posted: 26 Jul 2012 05:40 PM PDT Samsung reported a record profit of $5.9 billion for the June quarter, as rampant sales of its Galaxy S mobile phone helped stretch its lead over Apple. 
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| Car financiers locked in battle over benefits Posted: 26 Jul 2012 03:40 PM PDT The auto industry is locked in a face-off between banks and NBFCs on the one side and captive financing firms owned by vehicle manufacturers on the other. 
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| Raise FDI limit in defence sector: Panel Posted: 26 Jul 2012 03:27 PM PDT Wading into the ongoing debate over FDI in various sectors, the Naresh Chandra Task Force on National Security has advised the government to increase FDI in defence sector from the present ceiling of 26%. 
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| $1.25bn mop-up by SBI may open doors for banks Posted: 26 Jul 2012 03:24 PM PDT The issue is seen as a success considering that the SBI has managed to raise funds at a relatively cheap rate."The SBI Bond has been priced at a very attractive level. 
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| US doublespeak on patent waiver bared Posted: 26 Jul 2012 03:21 PM PDT The United States, which is crying foul over a patent waiver for a cancer drug in India, has itself resorted to similar steps to "reduce disruptions" in supply of two medicines - and that too through an executive order. 
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| Margin calls, rumours hit mid-caps Posted: 26 Jul 2012 03:20 PM PDT Dealers said there is fear among speculators and traders that the recent sharp slide in the market could trigger margin calls from their brokers. 
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| Gold, silver rally on sustained demand, global trend Posted: 26 Jul 2012 07:07 AM PDT Gold continued its rally at the domestic bullion market today on sustained demand from stockists and investors amidst good jewellery off-take, triggered by bullish global trend. 
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| Standard & Poor's lowers outlook on Tata Steel Posted: 26 Jul 2012 07:03 AM PDT S&P warns that Tata Steel may be downgraded if operating performance does not recover in line with expectations. 
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| M&M launches new Verito; price starts at Rs 5.27L Posted: 26 Jul 2012 07:01 AM PDT Auto major Mahindra & Mahindra today launched a new version of its sedan Verito in both petrol and diesel options, priced between Rs 5.27 lakh and Rs 7.14 lakh (ex-showroom, Delhi). 
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| Rupee rallies, biggest gain in two weeks Posted: 26 Jul 2012 06:12 AM PDT The rupee rose on Thursday, posting its biggest gain in two weeks after a sharp recovery in the euro and hopes of more monetary easing by the Federal Reserve spurred dollar selling from companies with long positions. 
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| Posted: 26 Jul 2012 06:08 AM PDT The BSE Sensex dropped to its lowest close since early June despite broad gains in Asian shares as lenders were hit by expectations the Reserve Bank of India (RBI) will keep interest rates on hold next week, while earnings disappointment dented ITC and BHEL. 
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| Rupee snaps 4-day fall, up 64 paise vs dollar Posted: 26 Jul 2012 06:07 AM PDT The rupee bounced back by 64 paise to 55.52 on heavy dollar selling amid reports during the fag-end that ECB president Mario Draghi vowed to take all steps to protect the Eurozone from collapse. 
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| Sensex falls 206 points to six-week low Posted: 26 Jul 2012 04:56 AM PDT MUMBAIL The Sensex on Wednesday fell to a six-week low as it lost over 206 points after less-than-enthusing earnings of FMCG major ITC hit sentiment. 
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| Gold rises further, up Rs 150 on festive demand Posted: 26 Jul 2012 03:58 AM PDT Gold on Thursday rose for the sixth straight session and gained Rs 150 to Rs 30,310 per 10 grams on sustained buying ahead of the festive and marriage season amid a firming global trend. 
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| ITC Q1 net profit up 20%, misses forecast Posted: 26 Jul 2012 12:06 AM PDT ITC Ltd, India's largest cigarette maker, lagged market forecasts with a 20 percent jump in quarterly net profit. 
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| Sensex erases initial gains; down 29 points Posted: 25 Jul 2012 11:10 PM PDT The BSE benchmark Sensex erased initial gains, down 29 points due to sustained selling in capital goods, realty, PSU and teck sectors despite rise in Asian cues. 
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| Maruti faces months of supply woes Posted: 25 Jul 2012 10:54 PM PDT Investors have knocked $700 million off the value of India's largest car maker and shares in parent Suzuki Motor Corp are down over 10% since violence at Manesar plant. 
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| Sensex marginally up in early trade Posted: 25 Jul 2012 09:58 PM PDT In range-bound movements, the BSE benchmark Sensex rose marginally by almost 14 points in early trade today on selective buying by funds and retailers. 
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| Rupee rebounds on higher euro, share gains Posted: 25 Jul 2012 09:17 PM PDT The rupee opened higher on Thursday, snapping four sessions of losses as Asian stocks rose and the euro steadied as hopes grew for more U.S. stimulus and new European policy measures to keep the euro zone debt woes from deepening. 
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