Friday, September 28, 2012

Sahara field workers want Sebi to be 'rational'

Sahara field workers want Sebi to be 'rational'


Sahara field workers want Sebi to be 'rational'

Posted: 28 Sep 2012 05:29 PM PDT

Sahara India Pariwar field workers have urged stock market regulator Sebi to adopt a rational approach while dealing with the issue of accepting documents relating to three crore investors.


Son rise complete at TVS as Sudarshan Venu rides in

Posted: 28 Sep 2012 05:26 PM PDT

Everything was similar this Friday.The head of R&D was present, the CEO of the company made a sweet welcome address, the president marketing details the reason for launch of the product.And the audience waited to see it.


Rupee may hit 50 a dollar in few months

Posted: 28 Sep 2012 05:22 PM PDT

The government on Friday said it expects the rupee to appreciate to around 50 against the dollar over the next three-four months on higher foreign inflows, a development that will help rein in subsidies and also check inflation.


CAG can’t audit KG performance: Reliance Industries

Posted: 28 Sep 2012 05:16 PM PDT

Mukesh Ambani's Reliance Industries (RIL) has put its foot down on the government's move to get the performance of its showcase Andhra offshore gas field scrutinized by the federal auditor.


Core sector growth in August falls to 2.1%

Posted: 28 Sep 2012 07:42 AM PDT

The output of eight core industries grew 2.1 percent in August, compared to the 3.8 per cent growth during the same month in the previous year, official data released on Friday showed.


No service tax on train tickets purchased before Oct 1

Posted: 28 Sep 2012 07:05 AM PDT

Service tax on AC class train fare will not be realised on tickets purchased before October 1 as railways modified its earlier decision on it.

Rupee rises to 5-month high

Posted: 28 Sep 2012 06:08 AM PDT

The rupee on Friday rose to over five-month high of 52.49 against the dollar on strong capital inflows, advances in stock markets and hopes of more policy reforms.


Sensex up 183 pts; ends at 15-month high

Posted: 28 Sep 2012 04:17 AM PDT

The BSE benchmark Sensex on Friday jumped by 183 points to end at a 15-month high on buying in auto, FMCG and metal stocks amid strong global cues and a surging rupee.


Nifty near 15-month closing high

Posted: 28 Sep 2012 03:40 AM PDT

India's 50-share index rose on Friday to mark its highest close since July 7, 2011, sparked by optimism that economic reform and budget plans unveiled by Spain will help manage its debt imbalances, while auto shares like Tata Motors also rose ahead of September sales data due Monday.


Gold falls for third day, down Rs 50

Posted: 28 Sep 2012 03:07 AM PDT

Falling for the third day in a row, gold shed Rs 50 to Rs 31,800 per 10 grams in the bullion market here today on sluggish demand at existing high levels.


Core sector growth slows to 2.1% in August

Posted: 28 Sep 2012 12:32 AM PDT

Eight core industries grew at a slower pace of 2.1% in August, as against 3.8% in the same month last year due to negative growth in crude oil, natural gas, fertiliser and cement.


Kingfisher Airlines shares tank 5%

Posted: 27 Sep 2012 11:37 PM PDT

Shares of Kingfisher Airlines today plunged 5% after the SBI-led consortium of lenders turned down the company's Rs 200 crore working loan request.


Sensex rallies 269pts on global cues

Posted: 27 Sep 2012 11:05 PM PDT

The BSE sensex was trading 269 points up this morning on all-round buying triggered by firm cues from global equity markets, with persistent capital inflows from foreign funds.


Indian vaccine market to climb to $871m by 2016

Posted: 27 Sep 2012 10:35 PM PDT

India's vaccine production sector is likely to expand dramatically to an estimated size of $871 million by 2016, says a report.


Re zooms 36 paise to near 5-month high

Posted: 27 Sep 2012 09:27 PM PDT

The rupee gained 36 paise to trade at nearly five-month high of 52.66 against the dollar in early trade today on continued selling of the American currency by exporters and banks.


Sensex rises 181 points in early trade

Posted: 27 Sep 2012 09:18 PM PDT

The BSE benchmark sensex recovered by over 181 points in early trade today after two sessions of losses, on fresh spell of buying amid a firming trend in the global markets.


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