Thursday, January 26, 2012

Re rises early on capital inflow hopes

Re rises early on capital inflow hopes

Re rises early on capital inflow hopes

Posted: 26 Jan 2012 08:05 PM PST

The rupee strengthened early on Friday on expectations Greece will reach an agreement on restructuring its debt, which is likely to spur demand for risky assets.

Sensex rises 1% early; Reliance Industries lead

Posted: 26 Jan 2012 08:03 PM PST

The BSE sensex rose 1% early on Friday, extending gains to a sixth consecutive session, on rising foreign fund investments.

Fed unlikely to raise rates till 2014

Posted: 26 Jan 2012 02:24 PM PST

The Federal Reserve went further than ever Wednesday to assure US consumers and businesses that they'll be able to borrow cheaply well into the future.

R-Power ropes in German utility for mining

Posted: 26 Jan 2012 02:14 PM PST

Anil Ambani's R-Power has roped in RWE Power International of Germany to help the company with extracting coal from its captive mines of the Tilaiya ultra-mega power project, the third such plant that the government has mandated the company to set up.

Japanese cos seek reciprocal status

Posted: 26 Jan 2012 02:10 PM PST

Japanese carmakers, one of the earliest entrants to the Indian car industry, are up in arms against any move by the Indian government to slash import duty on cars from the EU as part of the proposed India-EU FTA (Free Trade Agreement).

Dr Reddy’s Lab in trouble with regulator

Posted: 26 Jan 2012 01:25 PM PST

Dr Reddy's Laboratories (DRL) has run into trouble with the US health authorities again, this time for not highlighting important risk information on a promotional website for injectable generic fondaprinux sodium, a drug that it launched in the US recently.

'3G bidding has taken sheen off telecom industry'

Posted: 26 Jan 2012 05:45 AM PST

Bharti Airtel Chairman Sunil Mittal has said that bidding for 3G spectrum in "crazy numbers" has taken the sheen off the Indian telecom industry.

'Discrepancies' found in Rel Infra backed discoms

Posted: 26 Jan 2012 05:37 AM PST

Delhi's power regulator DERC has found certain "discrepancies" in the audit report of Reliance Infrastructure-backed discoms BRPL and BYPL between April and December 2011 and observed that the financial condition of the companies appeared not as bad as it has been made out to be.

Russia should focus on inflation: IMF

Posted: 26 Jan 2012 05:28 AM PST

Russia should orient its monetary policy more strongly toward fighting consumer price inflation, the International Monetary Fund (IMF) said Thursday.

HCL to create 10K jobs in US, Europe

Posted: 26 Jan 2012 05:06 AM PST

In one of the biggest announcements related to job creation here at the World Economic Forum, Indian IT major HCL Technologies today said the company will create 10,000 local jobs in Europe and the US over the next five years.

HCL to create 10K jobs in US, Europe

Posted: 26 Jan 2012 05:06 AM PST

In one of the biggest announcements related to job creation here at the World Economic Forum, Indian IT major HCL Technologies today said the company will create 10,000 local jobs in Europe and the US over the next five years.

Britain's debt reaches one trillion pounds

Posted: 25 Jan 2012 09:02 PM PST

Britain's debt mountain has risen to one trillion pounds (over $1.5 trillion) for the first time, The Sun reported Wednesday.
Posted by Harshad at 9:09 PM

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