Monday, November 28, 2011

Rupee up by 4 paise against US dollar

Rupee up by 4 paise against US dollar


Rupee up by 4 paise against US dollar

Posted: 28 Nov 2011 08:36 PM PST

The Indian rupee moved up marginally by 4 paise to Rs 51.91 per US dollar in morning trade on the Interbank Foreign Exchange today, tracking gains registered by the euro overseas against the American currency.


Sensex in red in morning trade

Posted: 28 Nov 2011 08:17 PM PST

A benchmark index for Indian equities started Tuesday in the red, having shot up 471 points in the previous session.


Vodafone contests CBI allegations

Posted: 28 Nov 2011 04:08 PM PST

Vodafone has responded to the CBI's charges on Saturday of revenue loss on account of excess spectrum, displaying its unwillingness to take the allegations lying down.


Gold up in India; metals, oil fall globally

Posted: 28 Nov 2011 04:04 PM PST

Gold rose marginally in the domestic market due to a depreciating rupee even as global crude and metal prices beat a retreat on fresh fears of a global slowdown with China warning of a recession.


Tata Sons offers 5:1 bonus, third under Tata leadership

Posted: 28 Nov 2011 03:47 PM PST

Tata Sons, the holding company of the $83-billion Tata Group, has proposed a bonus issue after 12 years on the back of a robust year when it doubled its profits.


Tight liquidity limits RBI role in forex market

Posted: 28 Nov 2011 03:33 PM PST

Market talk suggests that the Reserve Bank of India stepped into the foreign currency market on Monday to check a steep fall of the Indian currency, but it could not prevent it from closing at an all-time low.


Godbole returns to Morgan Stanley as India realty arm head

Posted: 28 Nov 2011 04:42 AM PST

Morgan Stanley has named Shirish Godbole as the head of its global real estate investment fund in India, the Wall Street bank said today.


Rupee racks up biggest gain in a month

Posted: 28 Nov 2011 04:36 AM PST

The rupee posted its biggest single-session rise in a month on Monday as a rally in local shares raised hopes foreign funds were returning, while traders expect the gains to be temporary on caution due to the euro zone debt crisis.


FDI in retail: Global retailers in wait & watch mode

Posted: 28 Nov 2011 03:51 AM PST

Global retail giants, including IKEA, Walmart and Carrefour, are studying the finer details of India's relaxed FDI norms for the sector as they look to tap opportunities in the country.


Global economic recovery petering out: OECD

Posted: 28 Nov 2011 03:50 AM PST

The global economic recovery is running out of steam, leaving the euro zone stuck in a mild recession and the United States at risk of following suit, the OECD said today, sharply cutting its forecasts.


Sensex rallies 472 pts, regains 16K level

Posted: 28 Nov 2011 03:19 AM PST

The Sensex, which touched two-year low last week under tremendous selling pressure, spurted 471.70 points, or 3.01 per cent to 16,167.13. The gauge had fallen below 16,000 level on November 21.


Gold, silver surge on seasonal demand

Posted: 28 Nov 2011 01:04 AM PST

While gold surged by Rs 240 to Rs 29,180 per 10 grams, silver rose by Rs 700 to Rs 55,900 per kg on pick-up in demand from jewellers and industrial units.


Rupee recovers by 35 paise vs dollar

Posted: 27 Nov 2011 10:16 PM PST

The rupee was up by 35 paise at Rs 51.90 per US dollar in early trade on Monday on fresh selling of the American currency by banks.


Sensex rallies by 301 points on firm Asian cues

Posted: 27 Nov 2011 09:57 PM PST

The BSE benchmark Sensex regained the 16,000 points level in early trade today, surging by 301 points on fresh buying in metal, realty, power, capital goods, FMCG and banking stocks in view of a firming trend in Asian markets.


Rupee gains 15 paise against US dollar

Posted: 27 Nov 2011 09:00 PM PST

The rupee strengthened by 15 paise to Rs 52.10 per US dollar in early trade on the Interbank Foreign Exchange on Monday.


Sensex climbs 232 pts on firm Asian cues

Posted: 27 Nov 2011 08:57 PM PST

The BSE sensex rose by nearly 232 points in opening trade, spurred by a firming trend in Asian markets following reports that IMF is working on a rescue plan for debt-stricken Italy.


Philippines beats India in call centre agents

Posted: 27 Nov 2011 01:56 PM PST

Philippines, a former US colony, has a large population of young people who speak lightly accented English and, unlike many Indians, are steeped in American culture.

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