Thursday, December 6, 2012

Sensex rises 75 pts ahead of FDI vote

Sensex rises 75 pts ahead of FDI vote

Sensex rises 75 pts ahead of FDI vote

Posted: 06 Dec 2012 08:29 PM PST

The BSE benchmark Sensex gained 75 points in early trade today on optimism that the government set to pass through FDI vote in the Rajya Sabha after ruling party ally BSP agreed to extend support.

RBI governor hints at rate cut

Posted: 06 Dec 2012 04:16 PM PST

Reserve Bank Governor D Subbarao on Thursday hinted at easy monetary regime in the coming days, citing steep moderation in growth and expressing optimism that inflation will cool off from the next quarter.

HSBC may pay $1.8bn in fine for laundering

Posted: 06 Dec 2012 04:15 PM PST

HSBC Holdings Plc may pay a fine of $1.8 billion as part of a settlement with US law-enforcement agencies over money-laundering lapses.

Maxis won’t exit, eyes Sistema JV

Posted: 06 Dec 2012 04:14 PM PST

Malaysian tycoon T Ananda Krishnan will remain a sizeable minority investor in the Indian mobile telephony company Aircel Communications as he discusses an investment deal with Russia's Sistema JFSC.

Car makers threaten price hikes to clear inventories

Posted: 06 Dec 2012 03:30 PM PST

Car companies are at it again.Battling a slowdown , carmakers engaged in their annual price hike threat to get customers to showrooms and clear inventories.

Only 3% of Rs 2.5L Cr tax dues recoverable: Govt

Posted: 06 Dec 2012 03:13 PM PST

The unimpressed standing committee sought an explanation from the government as to "how such an irretrievable situation arose in the first instance leading to thousands of crores of tax dues remaining unrealizable".

Oil cos told not to fund new pumps

Posted: 06 Dec 2012 02:38 PM PST

The oil ministry has ordered state-run fuel retailers to stop spending money on new petrol pumps and directed that prospective dealers would have to pick up the tab for equipment and other infrastructure.

European Central Bank slashes EU growth forecasts

Posted: 06 Dec 2012 09:04 AM PST

The European Central Bank slashed its forecasts for the eurozone economy on Thursday, showing a contraction next year was very likely before a return to growth in 2014.

ArcelorMittal pulls French bid for EU steel project

Posted: 06 Dec 2012 08:38 AM PST

A politically charged deal between the French government and ArcelorMittal to preserve jobs at an ailing steelworks looked at risk of unravelling on Thursday after the global steel giant ditched a bid to run an EU-funded project there.

Gold sheds Rs 340 in Delhi on weak global cues

Posted: 06 Dec 2012 07:26 AM PST

Continuing its downward trend for the third consecutive day, gold prices today fell by Rs 340 to Rs 31,340 per ten grams in the national capital on account of weak global trend and rupee appreciation.

Rupee at 1-month high, up 40 paise vs dollar

Posted: 06 Dec 2012 05:03 AM PST

The rupee today rose by 40 paise to touch a one-month high of 54.14 against the US dollar on hopes of strong fund flows, after BSP chief Mayawati decided to lend her party's support to government on FDI issue in the Rajya Sabha.

Sensex closes 95 points up

Posted: 06 Dec 2012 04:31 AM PST

The BSE benchmark sensex today wiped out early losses to close with a 95-point gain, extending its winning run to the third day, on late buying triggered by BSP throwing its weight behind government on FDI issue in Rajya Sabha.

Jeep to run on Indian roads in 2013

Posted: 06 Dec 2012 01:49 AM PST

The iconic Jeep brand will make an entry into the Indian market next year as Italian parent Fiat looks at reviving sagging fortunes with the rollout of new products.
Posted by Harshad at 9:45 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)