Thursday, February 23, 2012

Sensex recovers by 72 pts in early trade

Sensex recovers by 72 pts in early trade


Sensex recovers by 72 pts in early trade

Posted: 23 Feb 2012 08:04 PM PST

The BSE benchmark index Sensex recovered by over 72 points in early trade today on fresh buying activity amid a firming trend in global markets.


Sahara set to bag Rs 80K crore Bangladesh capital project

Posted: 23 Feb 2012 04:59 PM PST

Subrata Roy, managing worker and chairman Sahara India Parivar, who describes the airline business as his idea of a romantic girlfriend is still passionate about the sector but is equally letting his vision fly into distant lands in search of greener pastures.


Citi exits HDFC, pockets $2 billion

Posted: 23 Feb 2012 04:48 PM PST

The hunt for capital to meet new regulatory requirements has compelled Citi to sell it 10.92% stake in HDFC for an estimated $2 billion which makes it the largest equity offering ever.


Did govt force SBI to come clean on Kingfisher loan?

Posted: 23 Feb 2012 04:36 PM PST

Minutes before the SBI executives spoke, the finance ministry denied any knowledge of the development and said there was no move from the government to push any loan decision to a company.

Lenders, NHAI fight over Delhi-Gurgaon expressway

Posted: 23 Feb 2012 04:32 PM PST

In a letter addressed to NHAI, IDFC has said the lenders have received the termination notice from DGSCL, the concessionaire, instead of the highway authority.


Kingfisher won’t lose licence: Ajit Singh

Posted: 23 Feb 2012 04:29 PM PST

Thursday was the sixth straight day on which a large number of the airlines flights remained cancelled.


Etisalat sues Balwa, Goenka

Posted: 23 Feb 2012 04:25 PM PST

Emirates Telecommunications Corp (Etisalat) has filed a lawsuit against its local partner DB Realty, alleging fraud and misrepresentation of facts to induce Etisalat to invest in the joint venture Etisalat DB for providing mobile phone services in India.


Gold, silver surge on global cues

Posted: 23 Feb 2012 05:57 AM PST

Gold prices surged further at the bullion market here today on consistent demand from stockists and investors following rising international trend.


Rupee closes at 49.19/20 against dollar

Posted: 23 Feb 2012 05:11 AM PST

The rupee today closed the day flat at 49.19/20 as late dollar selling by exporters and some corporates helped the local currency recover early losses.


Sensex falls 67 points in choppy trade

Posted: 23 Feb 2012 03:24 AM PST

The BSE benchmark index Sensex today fell by 67 points in a choppy trade due to profit selling in realty, metal and auto stocks amid weak global trends.


Sensex down 140 points on profit booking

Posted: 23 Feb 2012 01:21 AM PST

Major losers of the index kitty were Hero MotoCorp, Larsen and Toubro, Maruti Suzuki, Mahindra and Mahindra, Sterlite Industries, Bajaj Auto and Bharti Airtel.


Kingfisher operates new flight schedule

Posted: 23 Feb 2012 01:18 AM PST

Kingfisher Airlines on Thursday started truncated operations in accordance with its new flight schedule, as aviation regulator DGCA examined its operational details


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