Wednesday, November 23, 2011

Sensex extend losses, down 55 pts

Sensex extend losses, down 55 pts

Sensex extend losses, down 55 pts

Posted: 23 Nov 2011 08:37 PM PST

The BSE benchmark Sensex extended losses and fell by nearly 55 points in opening trade on Thursday to hit a two-year low of 15,645.22, as funds and retail investors offloaded their positions in the absence of any positive cue.

RBI steps in to boost dollar inflow

Posted: 23 Nov 2011 01:33 PM PST

Reserve Bank of India (RBI) took a series of measures to improve the dollar supply as the rupee continued to weaken as concerns over a crisis in Europe deepened.

Now, find your creditworth online for Rs 450

Posted: 23 Nov 2011 01:29 PM PST

For Rs 450, individuals can now get a copy of their credit history and credit score – the document which in recent years has become an important determinant of whether an individual is eligible for a loan on not.

Amid slowdown, highways goes in premium

Posted: 23 Nov 2011 01:27 PM PST

In the last one week, the NHAI opened bids for six projects and all of them have gone with premium, totalling Rs 369 crore against the government's projection of paying financial grant to make these projects viable.

Govt seeks investor inputs on reforms

Posted: 23 Nov 2011 01:24 PM PST

With retardation in industrial and export growth, commerce and industry minister Anand Sharma has scheduled a meeting with representatives from the manufacturing sector to seek their inputs to push for flexibilities with other ministries and RBI.

Honda stops production of City, Brio to be next

Posted: 23 Nov 2011 01:20 PM PST

Supply constraints due to floods in Thailand is wreaking havoc at Honda's Indian operations and has forced the company to shut down production of the City sedan and Brio compact.

Ratan Tata scripts an enviable legacy

Posted: 23 Nov 2011 09:00 AM PST

From fighting fiefdoms to catapulting Tata Group to an over $80 billion conglomerate, Ratan N Tata's legacy will be a hard task to emulate.

Vikram Akula quits SKS Microfinance

Posted: 23 Nov 2011 06:59 AM PST

Founder and chairman of the only listed microfinance institution SKS Microfinance Vikram Akula on Wednesday resigned from the board with immediate effect in the wake of huge losses suffered by the Hyderabad-based firm.

Petrol costlier in India than in Pak, Lanka, Nepal

Posted: 23 Nov 2011 06:42 AM PST

Petrol in India is not just costlier than in the neighbouring countries Pakistan and Nepal, but its price has also seen higher increase since April last year.

Savings Bank interest rates in RRBs deregulated

Posted: 23 Nov 2011 06:35 AM PST

The Reserve Bank of India on Wednesday deregulated interest rate on savings accounts in Regional Rural Banks, a move that will fetch better returns for its depositors.

Market crash due to FII pull-out: FM

Posted: 23 Nov 2011 05:32 AM PST

The government today asserted that India's growth and fundamentals are strong and attributed the bloodbath in the stock markets to global factors.

Sensex closes 365 points down

Posted: 23 Nov 2011 03:12 AM PST

The sensex had fallen 586 points in intra-day trade due to heavy selling with traders spooked by a weak rupee and global economic turmoil.
Posted by Harshad at 9:03 PM

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