Monday, October 25, 2010

Exports at two-year high

Exports at two-year high

Exports at two-year high

Posted: 25 Oct 2010 04:57 PM PDT

India's exports in September rose at its fastest pace in two years, clocking a rise of 23% or some $18 billion.

Sebi doubles retail cap to Rs 2 lakh

Posted: 25 Oct 2010 05:29 PM PDT

Market regulator Sebi on Monday said that from now on all investors who apply in public offers for shares worth Rs 2 lakh or less will be treated as retail investors.This is double the current limit of Rs 1 lakh.

2nd password for online shopping must: RBI

Posted: 25 Oct 2010 05:11 PM PDT

Shopping online through foreign websites can come a cropper with the Reserve Bank insisting on an additional password for all kinds of online transactions.

Allow 100% FDI in retail: Walmart

Posted: 25 Oct 2010 05:21 PM PDT

Pitching for 100% FDI in the Indian retail sector, US retail giant Walmart on Monday said such a move will help contain inflation.

CIL offer priced at Rs 245

Posted: 25 Oct 2010 05:00 PM PDT

Retail investors in the Coal India IPO will get shares at Rs 233 apiece as they would avail of a 5% discount to the price of Rs 245 set by the government on Monday.

India to grow at 9%, says PM

Posted: 25 Oct 2010 07:51 AM PDT

Committing to carry out reforms to facilitate higher investment flows, Manmohan Singh on Monday expressed hope that the Indian economy will revert to high growth path of 9% from next fiscal.

Diwali gift: Retail investors allowed Rs 2 lakh IPO

Posted: 25 Oct 2010 05:13 AM PDT

Retail investors will get to double their bets on initial public offerings as the market regulator is set to raise the limit to Rs 2 lakh, the first revision in five years, as it attempts to keep pace with the eroding value of the rupee.

Sensex ends 137 points up

Posted: 25 Oct 2010 04:07 AM PDT

The Bombay Stock Exchange benchmark Sensex today shot up by over 137 points with funds buying in blue-chips, led by Reliance Industries, and heavy capital inflows on expectations of strong corporate earnings.

Bharti to launch 3G services by this year end

Posted: 25 Oct 2010 02:53 AM PDT

Bharti Airtel on Monday said it will launch the much-awaited 3G services before the end of this year, making it the third private operator in the country after Tata Teleservices and Vodafone to unveil plans for offering mobile broadband.

PM invites Japanese firms to invest in India

Posted: 24 Oct 2010 10:36 PM PDT

Observing that infrastructure deficit was posing a major constraint to India's growth, Prime Minister Manmohan Singh today said an outlay of over USD one trillion was envisaged for infrastructure projects during the next 5-year plan beginning 2012 and invited Japanese firms to play a greater role in this endeavour.

Trial in Satyam computers scam to begin from Nov 2

Posted: 25 Oct 2010 01:36 AM PDT

The trial in multi-crore Satyam Computers accounting fraud case would begin from November 2, nearly 22 months after B Ramalinga Raju, the disgraced founder of Satyam Computers admitted fudging of company accounts to the tune of Rs 7,200 crore in January last year.

Rupee gains 18 paise against dollar in early trade

Posted: 24 Oct 2010 09:30 PM PDT

The rupee strengthened by 18 paise to Rs 44.40 against the US currency at the Interbank Foreign Exchange market in the morning trade today tracking dollar's weakness against other major currencies.

Sebi doubles retail cap to Rs 2 lakh

Posted: 25 Oct 2010 05:29 PM PDT

Market regulator Sebi on Monday said that from now on all investors who apply in public offers for shares worth Rs 2 lakh or less will be treated as retail investors.This is double the current limit of Rs 1 lakh.

BP CEO Bob Dudley slams media, rivals for stoking spill fears

Posted: 25 Oct 2010 12:35 PM PDT

BP's new chief executive said its rivals and the media had helped cause a climate of fear during the summer when the oil giant's blown-out Gulf of Mexico well caused the worst ever oil spill in the United States.
Posted by Harshad at 9:10 PM

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