Sunday, February 19, 2012

Gold advances on Greece optimism, China easing

Gold advances on Greece optimism, China easing

Gold advances on Greece optimism, China easing

Posted: 19 Feb 2012 08:49 PM PST

Gold prices climbed more than half a percent on Monday, as investors buoyed by easing moves by China's central bank and hopes for Greece to seal a bailout deal at a meeting with euro zone officials later in the day.

Govt mulls airline package

Posted: 19 Feb 2012 04:04 PM PST

With all scheduled airlines, except low-cost carrier (LCC) IndiGo, deep in red, the government is planning to work out a package for this ailing sector. The aviation ministry recently asked all airlines to submit their financial position on issues like debt and working capital requirements .

Telenor hunts for JV partner

Posted: 19 Feb 2012 04:03 PM PST

Telenor's future in India will depend on the rules laid down by the government for re-auction of 2G spectrum and a long-term , favourable regulatory environment, said a senior executive from the Nordic telecom firm.

SBI likely to usher in lower rate regime

Posted: 19 Feb 2012 03:59 PM PST

The country's largest lender State Bank of India is set to announce a reduction in some rates when the bank's asset-liability committee meets on Tuesday . SBI chairman Pratip Chaudhuri has already announced the bank's intent to revisit interest rates on education loans.

Gaana.com is now an FB Timeline application

Posted: 19 Feb 2012 03:57 PM PST

Gaana.com has become one of the first Indian applications to be integrated into Facebook's new Timeline.

NALCO to invest Rs 900 cr in nuclear power business

Posted: 19 Feb 2012 05:39 AM PST

State-owned aluminium major NALCO plans to spend Rs 900 crore by next fiscal on nuclear power ventures, for which it had signed a joint-venture agreement with Nuclear Power Corporation of India Ltd in November.

NALCO to invest Rs 900 cr in nuclear power business by 2012-13

Posted: 19 Feb 2012 05:39 AM PST

State-owned aluminium major NALCO plans to spend Rs 900 crore by next fiscal on nuclear power ventures, for which it had signed a joint-venture agreement with Nuclear Power Corporation of India Ltd in November.

Investors still have confidence in telecom sector: Sibal

Posted: 19 Feb 2012 05:30 AM PST

More than a fortnight after the Supreme Court quashed 122 mobile telephone licences, telecom minister Kapil Sibal today said foreign investors have not lost confidence in the sector and will participate in the auction of the airwaves freed by the court judgement.

Private jet market soars in India

Posted: 18 Feb 2012 11:58 PM PST

Even as Indian commercial carriers are facing a tough time sustaining operations, aircraft manufacturers feel the demand for private jets in the country is set to soar with economic growth and a rising number of high net-worth individuals.

Gold stays strong despite volatility

Posted: 18 Feb 2012 09:35 PM PST

Notwithstanding fluctuating prices and a volatile year for gold in 2011, the demand for the precious metal has remained stronger than ever, with India, China and Europe being pre-eminent markets.

Gold stays strong despite volatility

Posted: 18 Feb 2012 09:35 PM PST

Notwithstanding fluctuating prices and a volatile year for gold in 2011, the demand for the precious metal has remained stronger than ever, with India, China and Europe being pre-eminent markets.
Posted by Harshad at 9:34 PM

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