Thursday, July 19, 2012

Sensex down in on profit-booking

Sensex down in on profit-booking


Sensex down in on profit-booking

Posted: 19 Jul 2012 09:11 PM PDT

Snapping a three-day gaining streak, the BSE benchmark Sensex declined by over 27 points in early trade on Friday on emergence of profit-booking amid a mixed trend at Asian markets.


Government looks to mobilize Rs 10,000cr

Posted: 19 Jul 2012 12:35 PM PDT

The government on Thursday set the stage for mopping up nearly Rs 10,000 crore from disinvestment in SAIL and demerger of surplus land with VSNL, a company it had sold nearly a decade ago.


Anil Kumar gets 2 years probation in insider case

Posted: 19 Jul 2012 12:33 PM PDT

An Indian-American former Mckinsey partner, who helped convict Wall Street tycoons Raj Rajaratnam and Rajat Gupta for insider trading, was on Thursday sentenced to two years probation on securities fraud charges and ordered to forfeit $2.26 million, avoiding a jail term in the case.


Rs 16-17k cr reserve price for spectrum?

Posted: 19 Jul 2012 12:32 PM PDT

The ministerial panel on spectrum may settle for a reserve price on Friday that is marginally short of the telecom regulator's suggestion, amid indications that a decision on issues that are not directly related to the Supreme Court judgment cancelling 122 licences will be taken up later.


Don’t single out PM for economic woes: Ratan Tata

Posted: 19 Jul 2012 12:26 PM PDT

Tata Group chairman Ratan Tata has come out in strong defence of Prime Minister Manmohan Singh, saying the architect of 1991 reforms should not be singled out for the country's current economic woes.


More British Gas jobs to be sent to India

Posted: 19 Jul 2012 08:41 AM PDT

Energy major British Gas, which has already moved several jobs to India in recent years, is likely to move more jobs there after shortly carrying out redundancies in its office jobs in Leicestershire.


Chevron buys Reliance's 80% stake in Kurd blocks

Posted: 19 Jul 2012 06:17 AM PDT

US oil behemoth Chevron Corp today said it has bought Reliance Industries' 80 per cent stake in two oil blocks in Kurdistan region of Iraq for an undisclosed amount.


Rupee closes at 55.12 against dollar

Posted: 19 Jul 2012 05:48 AM PDT

The rupee today gained 36 paise to close at 55.12 against the US dollar on sustained capital inflows amid exporters selling the US currency.


Shares rise to 1-week high

Posted: 19 Jul 2012 05:05 AM PDT

India's BSE index rose on Thursday to its highest close in a week as Reliance Industries gained a day before its quarterly earnings, while Infosys rallied after healthy U.S. earnings improved confidence in global IT spending.


Sensex rises 94 points on reform hopes

Posted: 19 Jul 2012 04:29 AM PDT

The BSE benchmark index, which had gained over 81 points in last two sessions, rose by 93.84 points, or 0.55 per cent, to 17,278.85 as 22 scrips out of 30-share index gained.


Sensex closes 87 points up

Posted: 19 Jul 2012 04:03 AM PDT

A benchmark index of Indian equities markets closed 87 points higher Thursday on firm global cues and good buying in IT, consumer durables, and oil and gas.


File your tax returns over a cup of coffee

Posted: 19 Jul 2012 03:18 AM PDT

Taxsmile.com ties up with Cafe Coffee Day by setting up Automated Tax Filing (ATF) machines in Coffee Day joints pan India. This alliance is an initiative towards rolling out 50 ATFs across the country.


Now, file your tax returns over a cup of coffee

Posted: 19 Jul 2012 03:18 AM PDT

Taxsmile.com ties up with Cafe Coffee Day by setting up Automated Tax Filing (ATF) machines in Coffee Day joints pan India. This alliance is an initiative towards rolling out 50 ATFs across the country.


Maruti Suzuki shares tumbles over 8%

Posted: 18 Jul 2012 11:17 PM PDT

Shares of Maruti Suzuki India tumbled more than eight per cent in morning trade on the bourses after production at its Manesar plant got affected following a scuffle between workers and management employees.


Sensex extends gains, up 129 points

Posted: 18 Jul 2012 09:42 PM PDT

Continuing its gaining streak for the third straight day, the BSE benchmark Sensex rose by 129 points in early trade today on sustained buying by funds and retailers, tracking a firming trend in Asian region.


Rupee gains; Asian shares rise, euro steadies

Posted: 18 Jul 2012 09:20 PM PDT

Rupee rose on Thursday, buoyed by hopes of a strong stock opening in line with Asian peers and a steadier euro.


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