Rupee down 4 paise vs dollar |
- Rupee down 4 paise vs dollar
- Sensex down 70 points in early trade
- Gold slips as Europe concerns linger
- 'Sesa Sterlite will generate $10bn revenue every year'
- Corporate travel to grow 10-15% this year
- HPCL to take 11% equity in new Kerala airport
- Nothing final on loans to Kingfisher: SBI
- Stock market may see profit booking this week
- ArcelorMittal secures land for Karnataka project
- Godrej Interio eyes USD 1 billion revenue
- Assam tea producers cry for survival
- China may cut rates to boost growth
| Posted: 26 Feb 2012 09:02 PM PST The rupee declined marginally by 4 paise to Rs 48.97 per dollar on the Interbank Foreign Exchange in early trade today on fresh demand from importers for the American currency. 
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| Sensex down 70 points in early trade Posted: 26 Feb 2012 08:30 PM PST The BSE benchmark index Sensex fell by over 70 points in the early trade today, as participants engaged in profit-booking amid concerns over rising global crude prices. 
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| Gold slips as Europe concerns linger Posted: 26 Feb 2012 08:21 PM PST Gold prices slipped on Monday, weighed by modest risk aversion across commodities as concerns about the euro zone remained, though high oil prices cushioned the slide. 
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| 'Sesa Sterlite will generate $10bn revenue every year' Posted: 26 Feb 2012 04:21 PM PST Anil Agarwal, the chairman of the London-based Vedanta Resources and the most successful emigrant from Bihar in modern times, is also one of the handful in the licence raj regime to have carved out a place for himself in the world of manufacturing 
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| Corporate travel to grow 10-15% this year Posted: 26 Feb 2012 04:15 PM PST The Indian outbound MICE market is estimated to be around $550-600 million and is expected to increase by 10%-15% this year. 
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| HPCL to take 11% equity in new Kerala airport Posted: 26 Feb 2012 04:11 PM PST The country's third-largest state-run fuel retailer Hindustan Petroleum is to take 11% stake in a special purpose vehicle formed with Kerala government participation for building a new international airport at Kannur in the state's northern part, top company executives said. 
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| Nothing final on loans to Kingfisher: SBI Posted: 26 Feb 2012 04:08 PM PST State Bank of India (SBI), the lead lender to Kingfisher Airlines, will not consider any fresh loans for the debt-laden carrier until it raises new equity itself, a senior executive of the state-owned bank said. 
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| Stock market may see profit booking this week Posted: 26 Feb 2012 04:27 AM PST Indian stock indices which posted their first weekly fall this year may see some more profit booking in the coming days on renewed worries over rising global oil prices, say analysts. 
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| ArcelorMittal secures land for Karnataka project Posted: 26 Feb 2012 04:23 AM PST World's largest steel producer ArcelorMittal has made some headway in India by getting possession of about 1,827 acres for the proposed 6 million tonne plant in Karnataka. 
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| Godrej Interio eyes USD 1 billion revenue Posted: 26 Feb 2012 04:15 AM PST Furniture major Godrej Interio is aiming an revenue target of USD 1 billion by FY'17. 
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| Assam tea producers cry for survival Posted: 26 Feb 2012 03:56 AM PST Three Assam tea producers' Associations have submitted a memorandum to the Parliamentary Standing Committee on Commerce urging it to take immediate measures to ensure the survival of Assam's tea industry. 
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| China may cut rates to boost growth Posted: 26 Feb 2012 12:28 AM PST China's monetary policy is likely to see an adjustment in the first half of this year as inflation pressure gradually eases. 
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