Tuesday, November 23, 2010

Sensex gains 68 points in opening trade

Sensex gains 68 points in opening trade

Sensex gains 68 points in opening trade

Posted: 23 Nov 2010 08:17 PM PST

The 30-share index of the Bombay Stock Exchange, which had plummetted by 265.75 points in yesterday's trading, rose by 68.29 points or 0.35 per cent to 19,760.13 points in the morning trade.

SAP to pay Oracle $1.3 billion

Posted: 23 Nov 2010 06:30 PM PST

SAP AG must pay Oracle Corp $1.3 billion for software theft, a jury decided, awarding damages that could be the largest-ever for copyright infringement.

Rupee opens 7 paise down against dollar

Posted: 23 Nov 2010 08:39 PM PST

The Indian rupee fell by 7 paise to over two-month low of Rs 45.64 against the US dollar in early trade at the Interbank Foreign Exchange on Wedensday, tracking losses in other Asian currencies.

M&M seals Ssangyong deal for $463m

Posted: 23 Nov 2010 12:23 PM PST

Homegrown utility vehicle major Mahindra & Mahindra (M&M) moved closer to acquire Korean SUV maker Ssangyong and signed a definitive agreement to buy the company for $463 million (around Rs 2,100 crore).

IRDA norms for new life schemes

Posted: 23 Nov 2010 12:20 PM PST

Insurance regulator IRDA on Tuesday said that all universal life products, a new kind of insurance which entered India recently and gives greater flexibility to customers, will not have any unit-linked component in them.

Chaebol subsidiaries unmoved by shelling

Posted: 23 Nov 2010 12:04 PM PST

Even as tremors of the artillery shelling by North Korea on South Korean territory were felt by the Indian markets on Tuesday, chaebol subsidiaries in the country, such as Hyundai and Samsung, said business was as usual.

Shell-shocked sensex dives on Korea clash

Posted: 23 Nov 2010 11:51 AM PST

Dalal Street on Tuesday was jolted by the news that North Korea had fired several artillery shells at a South Korean island, raising concerns that it could flare up tension between the two hostile neighbours, and lead to a contagion effect in world markets.

Gold at Rs 20,600 on wedding demand

Posted: 23 Nov 2010 02:46 AM PST

Gold prices surged by Rs 170 to regain its record level of Rs 20,600 per 10 gram in the national capital today, as stockists and jewellers increased their holdings for the wedding seasion, amid a firm global trend.

Sensex sinks on Korea tension, closes 265pts down

Posted: 23 Nov 2010 03:26 AM PST

The BSE's 30-share Sensex registered its sharpest decline since August 17, 2009, by tanking 615 points in today's trade amid geo-political tension in East Asia and the domestic political crisis.

After 101 Mercedes, Aurangabad goes for 101 BMWs

Posted: 22 Nov 2010 11:40 PM PST

Close on the heels of creating a record with a single transaction for 150 Mercedes-Benz cars worth Rs 65 crore, Aurangabad has done it again.

Gems, jewellery exports up by 31% in Oct

Posted: 23 Nov 2010 02:24 AM PST

Gems and jewellery exports grew by 31 per cent in October to Rs 12,979.19 crore (USD 2922.58 million) as compared to the corresponding period last year, as per data from an industry body.

News Corp to acquire 90% in Wireless Generation

Posted: 23 Nov 2010 02:41 AM PST

Media giant News Corporation will acquire 90 per cent stake in Brooklyn-based Wireless Generation, a privately-held education technology company for about $360 million in an all-cash deal.

Qantas to resume A380 flights

Posted: 22 Nov 2010 09:16 PM PST

Qantas will resume flying the Airbus A380 superjumbo this week on a limited basis, indicating it will take several more weeks to resolve engine problems that crippled a jet carrying 466 people this month.

Rupee opens 7 paise down against dollar

Posted: 23 Nov 2010 08:39 PM PST

The Indian rupee fell by 7 paise to over two-month low of Rs 45.64 against the US dollar in early trade at the Interbank Foreign Exchange on Wedensday, tracking losses in other Asian currencies.

SAP to pay Oracle $1.3 billion in landmark decision

Posted: 23 Nov 2010 06:30 PM PST

SAP AG must pay Oracle Corp $1.3 billion for software theft, a jury decided, awarding damages that could be the largest-ever for copyright infringement.
Posted by Harshad at 9:43 PM

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