Sensex slips 334 points in early trade |
- Sensex slips 334 points in early trade
- Letter bomb sent to Ackermann
- Stressed airlines to be under DGCA lens
- Kingfisher, AI a/cs frozen over dues
- Kingfisher, AI a/cs frozen over dues
- RBI taking steps to maintain liquidity
- 'Be patient when you chase big deals in India'
- Vedanta completes Cairn India deal
- US dollar edges up against rupee
- Sensex slumps 389 points
- Gold futures rise on firm global cues
- Sensex closes 430 points down
- Singapore property price drop likely after new tax
- Fortis to start stand-alone dialysis centres
- Car sales post 7% jump in November
- Sensex down by nearly 390 points
- Food inflation falls to 6.6%
- Premium segment fuels tea, coffee growth
- Rupee sheds 20 paise per US dollar
| Sensex slips 334 points in early trade Posted: 08 Dec 2011 08:21 PM PST The BSE benchmark Sensex tumbled by over 334 points in opening trade today, extending Thursday's losses on concerns over slowing industrial growth and a weakening trend in the rest of Asia amid renewed worries about the euro zone debt crisis. 
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| Posted: 08 Dec 2011 11:44 AM PST A letter bomb sent to Deutsche Bank chief Josef Ackermann was "operational" and could have exploded, German state police said on Thursday after the envelope was intercepted by them. 
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| Stressed airlines to be under DGCA lens Posted: 08 Dec 2011 11:43 AM PST Aircraft of financially-strained airlines are set to come under the scanner to ensure that the crippling cash crunch does not lead to compromises with safety. 
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| Kingfisher, AI a/cs frozen over dues Posted: 08 Dec 2011 11:41 AM PST Both Air India and Kingfisher owed crores of rupees to the service tax department which was collected from passengers but not paid to the exchequer. 
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| Kingfisher, AI a/cs frozen over dues Posted: 08 Dec 2011 11:41 AM PST S K Solanki, commissioner of service tax (zone 1, Mumbai commissionerate) of the Central Board of Excise and Customs pointed out that Kingfisher's accounts were frozen for two days in November too and the order was reversed after the airline promised to deposit the dues in three instalments. 
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| RBI taking steps to maintain liquidity Posted: 08 Dec 2011 11:41 AM PST RBI governor D Subbarao on Thursday said the apex bank is concerned about the liquidity scenario in the economy. 
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| 'Be patient when you chase big deals in India' Posted: 08 Dec 2011 11:25 AM PST Vedanta has managed to finally seal the $8.7-billion deal to takeover Cairn India which was held up at various stages because of government approvals for almost 16 months. 
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| Vedanta completes Cairn India deal Posted: 08 Dec 2011 06:27 AM PST Vedanta Resources Plc completed its long-delayed $8.7 billion purchase of a majority stake in Cairn Energy Plc's Indian unit, more than a year after the deal was first announced, in a move that turns India-focused Vedanta into a diversified resources group. 
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| US dollar edges up against rupee Posted: 08 Dec 2011 04:53 AM PST The US dollar edged up against the rupee at Rs 51.75/76 per dollar. 
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| Posted: 08 Dec 2011 04:37 AM PST The BSE Sensex slumped 389 points to 16,488.24 on investor concerns about slowing growth and the government putting on hold its plan to open FDI in multi-brand retail, amid weak cues from Asian markets. 
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| Gold futures rise on firm global cues Posted: 08 Dec 2011 03:08 AM PST Gold prices rose by Rs 51 to Rs 29,600 per 10 grams in futures trade today as speculators created fresh positions driven by a firming global trend. 
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| Posted: 08 Dec 2011 03:03 AM PST The Sensex ended at 16447.66, down 429.40 points or 2.54 per cent. The 30-share index touched intraday low of 16421.55 high of 16847.82. 
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| Singapore property price drop likely after new tax Posted: 08 Dec 2011 01:12 AM PST Singapore property prices, which have soared to record highs this year, will likely drop in the coming months. 
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| Fortis to start stand-alone dialysis centres Posted: 08 Dec 2011 12:29 AM PST There is good news for patients of chronic renal failure who have to travel far and suffer for lack of quality dialysis. 
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| Car sales post 7% jump in November Posted: 07 Dec 2011 11:39 PM PST Domestic passenger car sales witnessed a turnaround in November after four consecutive months of contraction, on the back of a marginal revival in demand. 
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| Sensex down by nearly 390 points Posted: 07 Dec 2011 10:45 PM PST Sensex plunged by almost 390 points to below the 16,500-mark at 1130 hours on Thursday on widespread selling by funds and retail investors. 
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| Posted: 07 Dec 2011 10:40 PM PST India's food inflation fell sharply to 6.6 per cent for the week ended Novmber 26 as compared to 8 per cent in the previous week as onions, potatos and wheat became cheaper and the rise in the prices of other items moderated on the back of a good monsoon, official data showed Thursday. 
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| Premium segment fuels tea, coffee growth Posted: 07 Dec 2011 10:28 PM PST Like many other consumer goods categories, the premium segment is clearly driving the growth of the Indian tea and coffee market as well. 
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| Rupee sheds 20 paise per US dollar Posted: 07 Dec 2011 10:07 PM PST The domestic currency hovered in a range between Rs 51.70 and Rs 51.91 per dollar during morning deals. 
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