Friday, November 30, 2012

No new cess on diesel cars: Govt

No new cess on diesel cars: Govt

No new cess on diesel cars: Govt

Posted: 30 Nov 2012 05:35 PM PST

The government Friday said it is not considering any additional cess on diesel cars, just days after the Supreme Court asked the Centre whether a green tax needs to be imposed.

Infosys shifts from Nasdaq to NYSE

Posted: 30 Nov 2012 05:28 PM PST

NYSE's trading market called NYSE Euronext will allow European investors to trade in Infosys's American shares through these European exchanges.

Bharti Infratel hopes to raise over Rs 4,500cr from IPO

Posted: 30 Nov 2012 05:25 PM PST

The issue price for retail investors has been fixed at discount of Rs 10 to the offer price, which will be finalized on the basis of bids received.

Sahara moves SC against SAT order

Posted: 30 Nov 2012 05:18 PM PST

Sahara's rush to the apex court was triggered by Sebi's decision to write to 88 banks seeking account details of the companies and writing to secretaries of two states inquiring about the firms' moveable and immoveable assets.

GDP growth slows to 5.3% in Q2

Posted: 30 Nov 2012 05:15 PM PST

The economy slowed in the July-September quarter due to sluggish farm sector performance and anaemic manufacturing growth, fuelling expectations of an interest rate cut and calls for implementing economic reforms to boost growth.

FMCG companies to gain little from lower input costs

Posted: 30 Nov 2012 05:13 PM PST

The FMCG industry grew in the range of 12-14%, according to industry estimates. Apart from other aspects of the growing consumption in rural India, product price increase has a role to play in this growth.

No word from Kingfisher yet: Banks

Posted: 30 Nov 2012 05:42 AM PST

Lenders to Kingfisher Airlines said they are yet to hear from the grounded airline even as the deadline set by the bankers to bring in fresh equity of one billion dollars ended on Friday.

Misleading food ads: Govt takes action

Posted: 30 Nov 2012 05:25 AM PST

The government has launched prosecution against the manufactures of 19 food items for allegedly making misleading claims in the advertisements for their products, the Lok Sabha was informed on Friday.

US dollar ends cheaper against rupee

Posted: 30 Nov 2012 04:58 AM PST

The US dollar ended cheaper against the rupee at 54.26/27 per dollar and the Pound Sterling also finished lower at 87.09/11 per pound at the close of the Interbank Foreign Exchange Market (Forex) on Friday.

Sensex jumps 169 points

Posted: 30 Nov 2012 03:15 AM PST

Rising for the fourth straight day, the BSE benchmark Sensex today gained around 169 points as the tepid second quarter GDP growth number fuelled hopes of RBI cutting interest rates sooner than expected.

Bharti Infratel sets price band for $825 million IPO

Posted: 30 Nov 2012 02:49 AM PST

Bharti Infratel Ltd, the telecommunications tower unit of top phone carrier Bharti Airtel Ltd, is set to raise up to $825 million next month.

Sahara group moves SC against tribunal's order

Posted: 29 Nov 2012 10:14 PM PST

Sahara Group moved the Supreme Court on Friday against the order of the Securities Appellate Tribunal (SAT) dismissing its appeal against market regulator SEBI.

Economic growth declines to 5.3%

Posted: 29 Nov 2012 09:46 PM PST

India's growth slowed to 5.3 percent in the quarter to September, hit by weaker manufacturing and an uncertain global economy, official data released on Friday showed.
Posted by Harshad at 9:41 PM

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