Rupee loses 15 paise against US dollar |
- Rupee loses 15 paise against US dollar
- Sensex down on profit-booking
- SBI removes pre-payment penalty on home loans
- Food inflation eases to 9.01%
- It’s time for states to ensure FDI in multi-brand retail
- Lessor to take back 2 KF aircraft
- Relief for AI, RBI okays restructuring of loan
- Retail joint ventures may see realignment
- Retail joint ventures may see realignment
- Govt paves way for class action suits, CSR levy
- Cabinet clears Companies Bill
- Sarkozy, Merkel, Monti begin debt talks
- Sensex recovers from 2-yr low
- Food inflation falls to 9.01%
- Tata group stocks subdued in weak market
- Rupee strengthens by 21 paise against dollar
| Rupee loses 15 paise against US dollar Posted: 24 Nov 2011 08:42 PM PST The Indian rupee lost 15 paise to Rs 52.21 per US dollar in early trade on the Interbank Foreign Exchange on Friday amid appreciation of the American currency against the euro and other rivals overseas and a weak opening in the domestic equity market. 
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| Posted: 24 Nov 2011 08:35 PM PST The BSE benchmark Sensex fell by over 151 points in opening trade on Friday as participants booked gains recorded in the previous session amid a weakening trend on other Asian bourses. 
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| SBI removes pre-payment penalty on home loans Posted: 24 Nov 2011 02:31 PM PST State Bank of India (SBI) has decided to abolish pre-payment charges on home loans, giving some succour to borrowers who want to foreclose their accounts. 
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| Posted: 24 Nov 2011 02:23 PM PST After hovering above double-digits for five consecutive weeks, food inflation eased in mid November prices of vegetables, fruits moderated much to the relief of policymakers. 
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| It’s time for states to ensure FDI in multi-brand retail Posted: 24 Nov 2011 02:20 PM PST Although the Cabinet approved the 51% FDI in multi-brand and 100% FDI in single-brand retail, at the ground level the decision will have to be taken by the states. 
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| Lessor to take back 2 KF aircraft Posted: 24 Nov 2011 02:14 PM PST Kingfisher Airlines said on Thursday lessor AerCap Holdings NV would take back two of its aircraft in coming months as both the companies could not agree on extension terms. 
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| Relief for AI, RBI okays restructuring of loan Posted: 24 Nov 2011 02:09 PM PST Reserve Bank of India (RBI) has approved the restructuring of the airline's working capital loan liability of Rs 22,000 crore. 
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| Retail joint ventures may see realignment Posted: 24 Nov 2011 01:53 PM PST The Union Cabinet's move to allow 51% and 100% FDI in multi-brand and single-brand retail, respectively, may bolster the interest of foreign retailers in India, even as many existing joint venture (JV) partnerships between Indian and foreign retailers could get realigned. 
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| Retail joint ventures may see realignment Posted: 24 Nov 2011 01:53 PM PST The Union Cabinet's move to allow 51% and 100% FDI in multi-brand and single-brand retail, respectively, may bolster the interest of foreign retailers in India, even as many existing joint venture (JV) partnerships between Indian and foreign retailers could get realigned. 
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| Govt paves way for class action suits, CSR levy Posted: 24 Nov 2011 01:48 PM PST After 55 years, India will finally have a new Companies Act with the Union Cabinet on Thursday approving a bill with new provisions such as allowing class action suits by stakeholders and proposing a minimum 2% spend towards corporate social responsibility. 
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| Posted: 24 Nov 2011 08:14 AM PST Cabinet today approved the Companies Bill, 2011, which aims to update corporate laws in the country and introduce modern concepts like mandatory CSR and class action suits. 
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| Sarkozy, Merkel, Monti begin debt talks Posted: 24 Nov 2011 06:13 AM PST The leaders of France, Germany and Italy began emergency talks on Thursday in the shadow of a failed German bond auction which took the debt crisis to the core of the eurozone. 
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| Posted: 24 Nov 2011 03:32 AM PST The Bombay Stock Exchange benchmark sensex on Thursday recovered from two-year low, gaining 158 points on fresh buying amid the settlement of monthly derivative contracts, easing food inflation and a firm trend in the European markets. 
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| Posted: 23 Nov 2011 10:51 PM PST Food inflation fell sharply to single digit at 9.01 per cent for the week ended November 12 even as prices of most agricultural items, barring potatoes, onions and wheat, continued to rise, on an annual basis. 
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| Tata group stocks subdued in weak market Posted: 23 Nov 2011 09:08 PM PST A number of Tata stocks opened on a strong note on Thursday-- a day after Cyrus Mistry was named as successor to Ratan Tata as the group head -- but could not sustain the gains in a weak market. 
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| Rupee strengthens by 21 paise against dollar Posted: 23 Nov 2011 09:08 PM PST The rupee strengthened by 21 paise to 52.14 against the US dollar in early trade on Thursday. 
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