Tuesday, January 1, 2013

Rupee rises 37 paise against dollar

Rupee rises 37 paise against dollar


Rupee rises 37 paise against dollar

Posted: 01 Jan 2013 08:29 PM PST

A higher opening in the domestic equity market and the euro's strength against the dollar overseas also supported the rupee


Sensex gains 144pts in early trade

Posted: 01 Jan 2013 08:20 PM PST

The BSE benchmark sensex today gained nearly 144 points in early trade on sustained buying by funds amid a firming Asian trend.


Low Dec sales indicate bumpy road for auto cos

Posted: 01 Jan 2013 04:13 PM PST

Year-end discounts and freebies did not work wonders for carmakers as demand remained weak in December, signaling that things will continue to remain difficult in the new year as well.


India Inc’s Q3 profits to grow 26%

Posted: 01 Jan 2013 04:00 PM PST

After battling slowing growth for nearly two years, companies listed on the BSE and NSE are likely to post an increase in profit after tax (PAT) of 25.9% year-on-year (y-o-y) for the third quarter (October-December ) of the current financial year.

Sensex hits 20-month high on hope of US deal

Posted: 01 Jan 2013 03:49 PM PST

A Senate deal to avert the looming US budget crisis , popularly fiscal cliff, pushed sensex up 154 points at 19,581 on the first day of 2013, after taking the index to a 20-month high in intra-day trades.


Link oil & gas pacts to output: Rangarajan

Posted: 01 Jan 2013 03:38 PM PST

A committee under the PM's Economic Advisory Council chairman C Rangarajan has recommended a production-linked regime for sharing profit with operators and increasing the exploration period from seven to 10 years.

Up to 35% cars on Indian roads without insurance

Posted: 01 Jan 2013 01:02 PM PST

Almost a third of cars and more than two-thirds of two-wheelers on Indian roads do not have even the mandatory third-party liability insurance, according to an analysis by insurance companies.

Rupee gains on first day in 2013; more upside seen

Posted: 01 Jan 2013 03:54 AM PST

Rupee started 2013 on a positive note tracking gains in local shares after U.S. lawmakers agreed on a deal which would help avert the "fiscal cliff" but weak domestic data limited a sharper rise.


Mercedes-Benz to hike car prices by up to 3% in Jan

Posted: 01 Jan 2013 03:36 AM PST

Mercedes-Benz on Tuesday said it will increase prices of all its models in the domestic market by up to three per cent effective January 14.

Sensex gains 154 points

Posted: 01 Jan 2013 03:05 AM PST

The BSE benchmark Sensex today ended 154 points higher in the first session of 2013 led by rally in realty and metal stocks on increased buying activity after the US averted the looming fiscal cliff.


Honda cars sales rise four-fold in December

Posted: 01 Jan 2013 02:58 AM PST

Honda Cars India Ltd (HCIL) today reported nearly four-fold increase in total sales for December 2012 at 4,242 units.


Mahindra posts 6% jump in Dec sales

Posted: 01 Jan 2013 02:18 AM PST

Automaker Mahindra & Mahindra today reported 5.92% increase in sales at 45,294 units in December.


REI Agro case: Sebi slaps Rs 1.25cr penalty

Posted: 01 Jan 2013 01:08 AM PST

Market regulator Sebi has imposed a total penalty of Rs 1.25 crore on 11 entities including three promoters of REI Agro for alleged fraudulent trading in the company's shares during 2004-2005.


Rupee stabilizes further against dollar, up 24 paise

Posted: 31 Dec 2012 10:25 PM PST

The Indian rupee stabilized further against the American currency in the late morning trade by surging 24 paise to 54.75 per dollar on persistent selling of dollar by banks and exporters on the back of sustained capital inflows despite firm dollar overseas.


Sensex surges by 152 points

Posted: 31 Dec 2012 09:58 PM PST

The BSE benchmark sensex surged by 152 points on the first trading session of 2013 on the back of buying after US policymakers reached an agreement to avert the imminent fiscal cliff of wide-reaching tax hikes and deep spending cuts in the world's biggest economy.


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