Sunday, January 29, 2012

Rupee loses 11 paise against dollar

Rupee loses 11 paise against dollar

Rupee loses 11 paise against dollar

Posted: 29 Jan 2012 08:47 PM PST

The rupee fell by 11 paise to Rs 49.42 per US dollar in early trade on the Interbank Foreign Exchange today, weighed down by dollar gains against other currency rivals.

Sensex falls 153 points on profit-booking

Posted: 29 Jan 2012 08:10 PM PST

The BSE Sensex fell by over 152 points in early trade on Monday as investors booked profits recorded during the benchmark index's six-day gaining streak amid a weakening Asian trend.

How to gear up for a good appraisal

Posted: 29 Jan 2012 04:23 PM PST

The dreaded annual performance review can be an opportunity to take stock of your career goals. Here's how you can navigate this tricky process.

India still a foreign investment hot spot: E&Y

Posted: 29 Jan 2012 04:06 PM PST

Foreign direct investment in India is set to swell in coming years as investors stomach a lack of transparency, poor infrastructure and policy paralysis.

Airport retail biz tops $1bn revenue

Posted: 29 Jan 2012 03:37 PM PST

Airport retail business in India topped $1 billion in revenues during 2011, on the back of robust growth in passenger traffic and more people shopping on the go, according to a boutique retail consultancy.

Govt to help smaller firms mount global takeovers

Posted: 29 Jan 2012 01:21 PM PST

The government is no longer fighting shy of Indian companies going for overseas acquisitions.

NTPC clinches $1.5bn power project in Bangladesh

Posted: 29 Jan 2012 05:12 AM PST

Bangladesh has signed a $1.5 billion deal with India's NTPC to build a 1,320 MW coal-fired power plant, the country's biggest, to help ease acute power shortages.

Iran says oil could reach $120 to $150 per barrel

Posted: 29 Jan 2012 04:47 AM PST

The head of Iran's state oil company today said that the price of crude will reach $120 to $150 per barrel, as officials in Tehran prepare to discuss a ban on crude sales to European Union countries in retaliation for an EU embargo.

India 4th largest steel maker in 2011

Posted: 29 Jan 2012 04:39 AM PST

India maintained its position as the fourth largest steel producer in 2011, despite 5.7 per cent output growth as against the world average of 6.8 per cent, the World Steel Association (WSA) said.

India emerges strong at WEF meet

Posted: 29 Jan 2012 04:34 AM PST

As the annual World Economic Forum summit heads for close today, the India story has emerged even stronger with the business world appreciating the country's fine balance between democratic processes and economic growth.

Markets may see profit-booking this week

Posted: 29 Jan 2012 04:24 AM PST

Stock markets may witness some corrections this week with investors booking profits in the wake of a substantial gain of 1,716.06 points registered so far this month, analysts said.

EU energy policy may bring 500,000 jobs

Posted: 29 Jan 2012 02:44 AM PST

The European Union may pass a triple whammy environment policy in the first half of this year that would bring a rapid jobs boost, cut energy bills and improve the environment by one simple measure: keeping Europe's buildings in good repair.

Business confidence has declined: CII survey

Posted: 28 Jan 2012 10:12 PM PST

CII's quarterly business outlook survey said today that the business confidence index for the third quarter of 2011-12, had declined 5% and stood at 48.6 from 53.6 in the previous quarter.

Facebook IPO coming next week

Posted: 28 Jan 2012 04:02 PM PST

Facebook could file as early as next week papers for its much-anticipated initial public offering, which will value the social networking site at up to $100 billion.
Posted by Harshad at 9:32 PM

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