Wednesday, March 23, 2011

Bid to arm RBI with sweeping powers

Bid to arm RBI with sweeping powers

Bid to arm RBI with sweeping powers

Posted: 23 Mar 2011 06:21 PM PDT

The government has sought Parliamentary nod to give sweeping powers to the Reserve Bank of India to inspect books of all associate enterprises of a bank, including its holding company.

Sebi asks market participants to restrict info flow

Posted: 23 Mar 2011 06:07 PM PDT

Market regulator Sebi on Wednesday advised market intermediaries, including stock exchanges, brokers and depositories to have restricted access to internet forums like emails, blogs and chat platforms to stop the spread of unsubstantiated news, which could distort normal functioning and stock prices, is not circulated by employees of these entities.

Coca-Cola set to take plunge in juice pool

Posted: 23 Mar 2011 12:37 PM PDT

Coca-Cola India is readying itself for a big summer push as it enters the pure juices market dominated by arch-rival PepsiCo's Tropicana and Dabur's Real.

Life's about planting trees for others: Warren Buffett

Posted: 23 Mar 2011 12:13 PM PDT

In an exclusive interview with TOI, Warren Buffett said: "We are encouraging people to enjoy giving and do it their own way."

Banks to have extended working hours on March 30, 31: RBI

Posted: 23 Mar 2011 07:17 AM PDT

The Reserve Bank of India asked banks to have extended working hours on March 30 and 31, 2011, to facilitate receipt of government revenue from members of public even at late hours.

Rupee rises to over 2-month high against dollar

Posted: 23 Mar 2011 07:05 AM PDT

The rupee today gained 11 paise to close at over two-and-a-half-month high of 44.85/86 against the US currency, largely driven by a smart rally in local equities amid expectations of increase in capital inflows.

HDFC is Asian Banker's 'Best Retail Bank in India'

Posted: 23 Mar 2011 05:07 AM PDT

Country's second largest private lender HDFC bank has won the Asian Banker's 'Best Retail Bank in India' award this year.

Sensex up 218 pts; blue chips lead rally

Posted: 23 Mar 2011 04:25 AM PDT

The BSE sensex was up for the second day in a row and closed at 18,206, up 218 points, led by blue-chips like ICICI, Infosys and RIL.

Sensex up 281 pts; blue chips lead rally

Posted: 23 Mar 2011 04:25 AM PDT

The BSE Sensex was up for the second day in a row and closed at 18,206, up 218 points, led by blue-chips like ICICI, Infosys and RIL.

Hyundai launches upgraded Accent

Posted: 23 Mar 2011 01:12 AM PDT

Country's second largest car manufacturer Hyundai Motor today announced the launch of its upgraded midsize sedan "Accent Executive 2011 edition".

Rupee falls by 5 paise against US dollar

Posted: 22 Mar 2011 09:32 PM PDT

The Indian rupee fell by 5 paise to 45.01 per US dollar in early trade at the Interbank Foreign Exchange on Wednesday, weighed down by dollar gains against the euro and other currencies overseas.

Goldman Sachs cuts RCOM's price target

Posted: 22 Mar 2011 09:32 PM PDT

Goldman Sachs cut its 12-month target price on India's Reliance Communications by 26 percent to 115 rupees, citing reduction in the company's core business value.

Sensex opens 16 points lower

Posted: 22 Mar 2011 09:12 PM PDT

The Bombay Stock Exchange benchmark Sensex fell by over 16 points in opening trade on Wednesdsy as investors booked profits recorded during the previous session amid a weak trend on other Asian bourses.

Car-makers face challenge from Japan crisis

Posted: 22 Mar 2011 09:06 PM PDT

Faced with surging raw material costs, Indian car-makers now face three additional serious challenges, including a shortage of key components, which could impact their performance this year.
Posted by Harshad at 9:14 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)