Sunday, January 15, 2012

Gold seen extending gains; copper down

Gold seen extending gains; copper down


Gold seen extending gains; copper down

Posted: 15 Jan 2012 08:18 PM PST

Gold futures in India on Monday are likely to extend previous session's gains following the overseas markets, and a weaker Indian rupee, analysts said.


Sensex down 65pts in opening trade

Posted: 15 Jan 2012 08:11 PM PST

The BSE benchmark sensex declined by nearly 65 points in early trade today on funds' selling triggered by a weakening trend on other Asian bourses after Standard and Poor's cut the rating of nine European nations.


Rupee seen down on risk-averse sentiment

Posted: 15 Jan 2012 07:50 PM PST

Rupee is expected to weaken on Monday on risk-averse sentiment.


BMW recalls 89,000 Minis: US safety agency

Posted: 15 Jan 2012 04:49 PM PST

German automaker BMW is recalling nearly 89,000 Mini Coopers, the US traffic safety agency announced, citing the threat of a smoldering circuit board that could set the cars on fire.


IL&FS buys 9% in Indiabulls’s Mumbai project

Posted: 15 Jan 2012 11:59 AM PST

Infrastructure financing major IL&FS is investing Rs 200 crore in a project by Indiabulls Real Estate that is coming up in the upmarket Worli area in the city.


Now, Team India’s TV ratings go for a toss

Posted: 15 Jan 2012 11:50 AM PST

The misery continues for Team India on field, off the field and in television ratings that cricket has been generating of late.


Zohra Chatterji may be named CIL acting chairman

Posted: 15 Jan 2012 11:45 AM PST

Zohra Chatterji, additional secretary in the coal ministry, is likely to become the next chief of Coal India, the country's biggest miner.


EU ratings cut unlikely to hit India

Posted: 15 Jan 2012 11:40 AM PST

The government expects little impact of Standard & Poor's decision to downgrade the credit ratings of nine European countries on the Indian economy, although market players are predicting some nervousness when stock and currency markets resume trading on Monday.


Gold jewellery demand my rise in 2012

Posted: 15 Jan 2012 09:37 AM PST

Gold jewellery demand in India, a major global market, is estimated to have risen 5 to 7 per cent in 2011 and is set to grow a further 10 to 15 per cent this year with bullion prices falling back after recent gains, the head of Gitanjali Gems, India's biggest jewellery retailer said on Sunday.


Rel Media to separate businesses

Posted: 15 Jan 2012 06:54 AM PST

Reliance MediaWorks, a film and entertainment company, said its board had approved separating its exhibition and film and media services businesses into subsidiaries.


Sarkozy to bet on growth reforms as AAA slips

Posted: 15 Jan 2012 06:32 AM PST

he loss of France's much-prized triple-A credit rating three months from elections that will likely hinge on the handling of the economy is a bitter blow for French President.


Europe biggest economic threat: JP Morgan CEO

Posted: 15 Jan 2012 06:23 AM PST

Europe is the biggest threat to the global economy, JP Morgan's chief executive Jamie Dimon told German newspaper Die Welt in its Sunday edition.


Kingfisher's ATF move is bad economics: Oil firms

Posted: 14 Jan 2012 11:43 PM PST

As the government mulls allowing Kingfisher Airlines to import ATF directly, oil companies have opposed the move saying the proposal was "bad economics" for the beleaguered airline in view of high taxes and handling cost.


'Top B-school grads prefer profile of choice to package'

Posted: 14 Jan 2012 11:04 PM PST

Majority of graduates surveyed from top management institutes like IIMs prefer a job profile of their choice to hefty pay packages, a study by industry body Assocham said.


AI debt row: Bankers outweigh credit rating

Posted: 14 Jan 2012 11:02 PM PST

The consortium of lenders that has rejected the RBI-approved debt recast for Air India (AI) is more worried about their credit ratings and image in global markets than the nearly Rs 10,000-crore provisioning they will have to set aside under the plan, say leading bankers.


Infy record losses, 8 others add Rs 47,292 cr in m-cap

Posted: 14 Jan 2012 10:58 PM PST

Eight of the country's top 10 valued companies added Rs 47,292 crore to their combined market capitalisation last week, whereas IT majors TCS and Infosys recorded sharp fall in their value.


No comments:

Post a Comment