Thursday, February 16, 2012

Sensex up 192pts in early trade

Sensex up 192pts in early trade

Sensex up 192pts in early trade

Posted: 16 Feb 2012 08:26 PM PST

The BSE benchmark index sensex shot up by over 192 points in early trade today on frenzied buying by funds and retail investors, triggered by a firming trend in global markets.

Rupee gains 3 paise against dollar in early trade

Posted: 16 Feb 2012 08:26 PM PST

The rupee gained 3 paise to trade at Rs 49.26 per dollar on the Interbank Foreign Exchange on increased foreign capital inflows.

Sensex rises 1% early, Larsen leads

Posted: 16 Feb 2012 08:08 PM PST

The BSE sensex rose 1 percent early on Friday, led by Larsen & Toubro, after indications euro zone officials would soon approve a long-awaited bailout for Greece boosted appetite for risky assets in global markets.

Attari border infrastructure needs revamp

Posted: 16 Feb 2012 02:07 PM PST

India wants to increase trade with Pakistan through the border route significantly but serious efforts would be needed to tone up the infrastructure at the Attari-Wagah border.

Kellogg to buy Pringles for $2.7bn

Posted: 16 Feb 2012 01:53 PM PST

Kellogg Co agreed to buy Pringles potato chips for $2.7 billion in a cash deal that makes the cereal company second only to PepsiCo Inc in the global snack food market.

Fema rules may change for FDI from Pak

Posted: 16 Feb 2012 01:37 PM PST

The government is examining a proposal to amend the Foreign Exchange Management Act (Fema) rules to pave the way for investment from Pakistan and a proposal has been moved to the finance ministry to look into the issue, senior officials said on Thursday.

We don't need FDI for Jet: Goyal

Posted: 16 Feb 2012 01:16 PM PST

Jet Airways does not need foreign direct investment but will back moves to open up the aviation sector to foreign airlines, its chairman Naresh Goyal said on Thursday.

US jobless claims drop to 4-year low

Posted: 16 Feb 2012 01:13 PM PST

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week to a near four-year low, suggesting the labour market recovery was gaining steam.

Over 1m unfilled jobs in Germany: Survey

Posted: 16 Feb 2012 08:15 AM PST

More than one million jobs in Germany are unfilled, a survey showed on Thursday, as unemployment in Europe's top economy stands at record lows and employers complain of a skills shortage.

GM records its highest profit ever

Posted: 16 Feb 2012 07:11 AM PST

General Motors earned its largest profit ever in 2011, two years after it nearly collapsed into financial ruin.

Sensex halts rally; RIL, Coal India fall

Posted: 16 Feb 2012 03:14 AM PST

The BSE Sensex fell 0.3 percent on Thursday as investors locked in gains after a three-day rally had sent the benchmark to its highest close in more than six months.

India's Oct-Dec gold imports slump 44%

Posted: 15 Feb 2012 10:22 PM PST

Gold imports to India, the world's top consumer, slumped 44% to 157 tonnes in the December quarter on a record high prices.

China's foreign direct investment falls in January

Posted: 15 Feb 2012 09:33 PM PST

Foreign direct investment in China fell in January for the third straight month as European investment plunged amid the deepening debt crisis, official data showed on Thursday.

Sensex down 59 points in early trade

Posted: 15 Feb 2012 08:57 PM PST

The BSE benchmark index sensex declined by 59 points in early trade today as funds and retail investors booked profits after recent gains amid weakening trend on other Asian bourses.

Kingfisher Q3 loss widens to Rs 444cr

Posted: 15 Feb 2012 07:38 PM PST

Kingfisher Airlines' net loss has widened to Rs 444.26 crore for the quarter ended December 31, 2011, due to high fuel costs and weaker rupee.
Posted by Harshad at 9:15 PM

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