Sunday, October 28, 2012

Sensex up 85 points ahead of RBI policy

Sensex up 85 points ahead of RBI policy


Sensex up 85 points ahead of RBI policy

Posted: 28 Oct 2012 09:16 PM PDT

The BSE benchmark Sensex recovered by over 85 points in early trade on Monday on buying by funds and retailers ahead of RBI policy review amid a mixed Asian trend.


Unilever boosts ad, R&D spend on EMs

Posted: 28 Oct 2012 06:02 PM PDT

Since its inception 125 years ago, Unilever has had a single global leadership training centre, in the UK.


Mixed bag of Q2 results, net up 27%

Posted: 28 Oct 2012 06:02 PM PDT

There is a clear divide among the various sectors in the economy in terms of their performance during the July-September quarter.


AAI writes to Kingfisher to vacate two hangars

Posted: 28 Oct 2012 06:01 PM PDT

State-run Airports Authority of India (AAI), which claims that Kingfisher Airlines (KFA) owes it Rs 293 crore, has stepped up pressure on the grounded carrier.


Mahindra bids Rs 260cr for Chennai property

Posted: 28 Oct 2012 06:01 PM PDT

Mahindra Life Spaces, part of the $15-billion Mahindra & Mahindra Group, has emerged as the highest bidder for a 4.85 acre plot of Madras Race Club in Guindy with a bid in excess of Rs 260 crore.


Decision on 33 coal mines in November

Posted: 28 Oct 2012 07:53 AM PDT

The inter-ministerial group (IMG) on coal blocks is now likely to meet early next month instead of October-end to decide the fate of 33 coal blocks allocated to public sector firms which have been issued notices for delay in production.


Value of top 5 companies down by Rs 23,009 cr

Posted: 28 Oct 2012 07:48 AM PDT

Dragged down by ITC and SBI, the combined market capitalization of top five sensex companies declined by Rs 23,009 crore last week.


RBI must focus on growth: Bankers

Posted: 28 Oct 2012 07:42 AM PDT

Ahead of the Reserve Bank's monetary policy review on Tuesday, bankers on Sunday said the central bank should focus more on growth as the country cannot afford economic expansion of below 5 per cent.


Reliance Life to hire 1k new employees

Posted: 28 Oct 2012 01:32 AM PDT

Leading private sector insurer Reliance Life Insurance Company plans to hire about 1,000 employees for its new distribution channel Life Plaza by March, 2013.


RBI Q2 earnings key to stock market this week

Posted: 27 Oct 2012 10:54 PM PDT

The Reserve Bank of India's monetary policy review, next set of corporate earnings and the outcome of reshuffle of the Union Council of Ministers will dictate the trend on the bourses this week, say analysts.


RINL to raise up to Rs 6k cr in 3 yrs

Posted: 27 Oct 2012 10:50 PM PDT

State-owned steelmaker Rashtriya Ispat Nigam Ltd (RINL) plans to raise about Rs 5,000-6,000 crore in the next three years from the markets to meet its capital expenditure requirements.


Sahara case: Sebi to hire investigating agencies

Posted: 27 Oct 2012 10:42 PM PDT

Market regulator Sebi plans to hire professional investigating agencies to help it probe matters relating to Sahara group for implementation of a Supreme Court order about refund of money collected from 3 crore investors.


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