Sunday, December 4, 2011

Sensex down 76 pts on profit-booking

Sensex down 76 pts on profit-booking


Sensex down 76 pts on profit-booking

Posted: 04 Dec 2011 08:14 PM PST

The BSE benchmark Sensex fell by over 76 points in opening trade on Monday as funds and retail investors booked gains recorded in the previous three sessions despite a firming trend on other Asian bourses.


Sensex opens with negative bias

Posted: 04 Dec 2011 08:01 PM PST

A benchmark index for Indian equities on Monday was ruling weak in opening trade after the robust rally in the previous week.


Jhunjhunwala puts Aptech on block

Posted: 04 Dec 2011 05:06 PM PST

Billionaire investor Rakesh Jhunjhunwala has started the process to sell his promoter stake in Aptech, which defined computer education in India, said sources directly briefed on the matter.


English football clubs cash in on Indian fans

Posted: 04 Dec 2011 04:58 PM PST

Football fans in India can literally wear their club loyalty on their sleeves. Several English football clubs are entering into licensing arrangements with Indian partners to deliver a complete football lifestyle experience.


Kolaveri Di song an example of viral marketing: IIMs

Posted: 04 Dec 2011 04:55 PM PST

The soup song has become an anthem for the future managers of the country. The Indian Institutes of Management (IIMs) are treating the popular song Kolaveri Di from an upcoming Tamil film '3' as a classic example of viral marketing.

‘RBI to use all tools if rupee fall escalates’

Posted: 04 Dec 2011 04:53 PM PST

RBI will use all available tools to stem a fall in the rupee if the currency's downward spiral escalates and will take steps to keep liquidity in the country's markets at comfortable levels, a deputy governor said on Saturday.


BoI to buy 51% in Bharti AXA MF

Posted: 04 Dec 2011 04:51 PM PST

Bharti AXA Investment Managers is the asset management arm to Bharti AXA Mutual Fund, which is owned by telecom major Bharti Airtel and French financial services giant AXA Group.


Households hold $950bn gold in India

Posted: 04 Dec 2011 04:49 PM PST

India's innate fascination with gold continues as Indian households hold gold worth over $950 billion which in turn is around 50% of the country's GDP in dollar terms, says a report.


Can tweaking your SIP give you the edge?

Posted: 04 Dec 2011 04:45 PM PST

Fund houses have come up with flexible SIP options, wherein you can decide when and how much to invest. However, not all such schemes may be beneficial.


How to reduce your air fare

Posted: 04 Dec 2011 04:39 PM PST

Open jaw, a little known travel strategy, can help you pare down your air fares this season. Find out how.


Stamp duty on commodities opposed

Posted: 04 Dec 2011 04:28 PM PST

The consumer affairs department, commodity exchanges and industry chambers have joined hands in an attempt to resist the revenue department's move to impose uniform stamp duty on commodity futures transactions.


FMC set to tighten regulations

Posted: 04 Dec 2011 02:32 PM PST

Forward Markets Commission (FMC), the commodity futures regulator, is set to tighten norms to curb speculation and misuse of client information in a bid to make the market foolproof.


FICCI to open office in Nepal

Posted: 04 Dec 2011 02:17 AM PST

FICCI will open an office in Kathmandu and set up an India-Nepal strategy forum to boost economic ties between the two countries.


Indian migration remains high despite economic crisis

Posted: 03 Dec 2011 10:47 PM PST

India not just continues to rank first in terms of remittances from its diaspora, just short of $60 billion in 2010, but has also seen a huge jump in migration of its workers to North America, Europe and the Gulf despite economic turmoil there, says a World Bank expert.


FDI in retail will lead to 'substantial' job creation

Posted: 03 Dec 2011 09:32 PM PST

Foreign direct investment in fast-growing retail sector will "significantly" boost hiring activities and has the potential to create about 80 lakh jobs in the country, feel experts.


RBI may slash CRR by 25 basis points soon: Experts

Posted: 03 Dec 2011 09:23 PM PST

Bankers and analysts believe the RBI intervention may come anytime during the week as the payment of advance tax by companies will be due on December 15.


No comments:

Post a Comment