Thursday, November 4, 2010

Silver sizzles in a year of stocks, gold

Silver sizzles in a year of stocks, gold

Silver sizzles in a year of stocks, gold

Posted: 04 Nov 2010 05:14 PM PDT

The stock markets ended Samvat 2066 close to their all-time peaks but it is silver that has come on top beating popular investment avenues such as equities and gold handsomely during the year.

Retail investors strike gold in coal

Posted: 04 Nov 2010 05:10 PM PDT

On Thursday, the CIL shares which were offered at Rs 233 to retail investors and employees of the company, and at Rs 245 to other investors, listed at Rs 287 on the BSE, registering gains of 23% and 17%, respectively.

Top cos evaded Rs 27,000cr in taxes?

Posted: 04 Nov 2010 05:17 PM PDT

The finance ministry has asked the CBTD to reopen the income tax returns of some blue chip firms that have been found to have allegedly evaded taxes worth over Rs 27,000 crore by wrongly claiming derivative losses.

Videocon set to reorganize its businesses

Posted: 04 Nov 2010 05:20 PM PDT

Videocon, the $5-billion electronics-to-energy group, is undertaking a major reorganisation exercise for its various businesses.

Sensex rises to highest since Jan 2008

Posted: 04 Nov 2010 02:52 AM PDT

Sensex on Thursday rose to its highest level since January 2008, as sentiment was upbeat after a stellar listing for Coal India, the country's largest-ever share offering, alongside firmer world markets.

Food inflation drops further to 12.85%

Posted: 04 Nov 2010 01:09 AM PDT

India's annual food inflation fell to 12.85% for the week ended Oct 23 from 13.75% in the previous week, providing some relief to consumers during the festive season.

Gold rises on festival buying, global cues

Posted: 04 Nov 2010 04:34 AM PDT

Gold prices on the eve of Diwali rose by Rs 110 to Rs 19,850 per ten gram in the bullion market here on fresh buying by retailers and jewellers amid a firming trend in global markets.

Coal India shares leap 40% on debut

Posted: 04 Nov 2010 12:38 AM PDT

Shares in state-run Coal India soared nearly 40% on their first day of trading on the Mumbai stock market Thursday as investors scrambled to invest in the world's biggest coal miner.

Philippines to turn call centre capital of world

Posted: 03 Nov 2010 10:10 PM PDT

The Philippines is set to overtake India as the world's back office for voice-based customer support and sales this year, as firms such as Cisco, HSBC, T-Mobile and BT Plc shift work to the nation to avoid India's high staff turnover, and build an alternate support hub.

Rupee gains 19 paise against dollar

Posted: 04 Nov 2010 12:53 AM PDT

The rupee gained 19 paise to trade at 44.16 against the US currency in morning trade on fresh selling of dollars by banks and exporters due to weakness of dollar in overseas markets.

Sensex opens up 188 points up

Posted: 03 Nov 2010 09:30 PM PDT

Led by a rally in metal and oil & gas stocks, the Bombay Stock Exchange benchmark Sensex climbed nearly 188 points in early trade today on heavy capital inflows by foreign funds and firm Asian markets.

Videocon set to reorganize its businesses

Posted: 04 Nov 2010 05:20 PM PDT

Videocon, the $5-billion electronics-to-energy group, is undertaking a major reorganisation exercise for its various businesses.

Federal Reserve lines up $600bn booster

Posted: 04 Nov 2010 04:50 PM PDT

The Federal Reserve, getting ahead of the battles that will dominate national politics over the next two years, moved on Wednesday to push the economy into recovery mode with a bold but risky plan to pump $600 billion into the banking system.
Posted by Harshad at 9:04 PM

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