Wednesday, November 24, 2010

Sensex opens 122 pts high in early trade

Sensex opens 122 pts high in early trade


Sensex opens 122 pts high in early trade

Posted: 24 Nov 2010 08:26 PM PST

Snapping a two-day losing streak, the Bombay Stock Exchange benchmark, Sensex, opened higher by 122 points on Thursday on fresh buying by funds amid firm global cues.

Cos create MNP 'switch-over' buzz

Posted: 24 Nov 2010 05:31 PM PST

Consumers may be in for some more goodies as telecom companies prepare to launch the much awaited mobile number portability (MNP) services from November 25 at Rohtak in Haryana.

Ford plans second plant in India

Posted: 24 Nov 2010 05:36 PM PST

With the Indian car market booming, Ford is planning to set up a second plant and has approached the Gujarat government for land.

Nitish victory fuels hopes of faster growth in Bihar

Posted: 24 Nov 2010 05:39 PM PST

Analysts said CM Nitish Kumar will have to undertake rapid reforms and build on the success achieved so far.

Sebi bars 2 Sahara cos from raising funds

Posted: 24 Nov 2010 05:30 PM PST

Market regulator Sebi on Wednesday barred two Sahara Group companies—Sahara Real Estate Corp and Sahara Housing Investment—from raising funds from the market and, in effect, delayed the launch of the IPO for Sahara Prime City, another group company.

Gold, silver hit all time highs on global cues

Posted: 24 Nov 2010 05:55 AM PST

Surpassing earlier records gold prices touched a new peak at the bullion market here today on frantic buying by stockists and speculators on the back of bullish trend in overseas market.

Vedanta to seek shareholder nod next month

Posted: 24 Nov 2010 06:51 AM PST

London-listed Vedanta Resources may next month seek shareholders' nod for buying majority stake in Cairn India for up to $9.6 billion.

Sensex closes 279 points lower

Posted: 24 Nov 2010 03:06 AM PST

Late selling pressure on Wednesday resulted in a benchmark index of Indian equities falling sharply in the last half hour of trade, and closing 279 points lower.

BMW to expand Indian operations

Posted: 24 Nov 2010 06:41 AM PST

German luxury car maker BMW will increase its investment in India to Rs.1.8 billion ($40 million) by the end of 2012 and start rolling out the X1-model from its plant near here by the end of this year, a top official said on Wednesday.

Sensex opens 122 points high in early trade

Posted: 24 Nov 2010 08:26 PM PST

Snapping a two-day losing streak, the Bombay Stock Exchange benchmark, Sensex, opened higher by 122 points on Thursday on fresh buying by funds amid firm global cues.

SAP ordered to pay $1.3bn to Oracle

Posted: 24 Nov 2010 05:43 PM PST

Oracle Corp's courtroom clash with archenemy SAP AG has paid off handsomely.

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