Rupee gains as global risk aversion wanes |
- Rupee gains as global risk aversion wanes
- Jindal to drop $2.1bn Bolivia plan
- Direct taxes should be 12% of GDP: Pranab
- Travel cover premium likely to rise
- RIL's new plan to develop D-6 block
- Pilots' strike: Air India board to meet on Monday
- FIIs pull out Rs 435 crore from stocks in May so far
- Airtel enters mobile advertising segment
- Lalit Hotel to invest Rs 1,200 crore in next 3 years
- New-gen banks gain market share on higher rates
- 'Govt, pvt websites under hacker threat'
- Top 6 firms gain over Rs 21k cr in m-cap
- Top 6 firms gain over Rs 21K cr in m-cap
- Audi eyes over 45% sales growth in India
| Rupee gains as global risk aversion wanes Posted: 27 May 2012 08:35 PM PDT The rupee strengthened in opening trade on Monday, adding to gains in the two previous sessions, as global risk assets stabilized. 
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| Jindal to drop $2.1bn Bolivia plan Posted: 27 May 2012 12:40 PM PDT Naveen Jindal-led Jindal Steel and Power's (JSPL) ambitious $2.1-billion investment plan in Bolivia is all but over as the company has said it is "not hopeful of continuing" with the project, which was touted as the biggest foreign investment plan in the Latin American country. 
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| Direct taxes should be 12% of GDP: Pranab Posted: 27 May 2012 12:34 PM PDT Union finance minister Pranab Mukherjee on Sunday said that he wants to see a larger share of direct tax revenue in the national gross domestic product (GDP) pie. It should be 12% of the country's GDP, he said. 
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| Travel cover premium likely to rise Posted: 27 May 2012 12:29 PM PDT The rupee's fall has put pressure on the travel insurance portfolios of leading general insurance players and they are likely to go to sector regulator — Insurance Regulatory Development Authority (Irda) — to refile and restructure the premium charges of their products soon. 
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| RIL's new plan to develop D-6 block Posted: 27 May 2012 12:26 PM PDT Having slapped an arbitration notice on the government for not allowing it to recover $1.5 billion of investments in the Krishna-Godavrai (KG) basin, Reliance Industries (RIL) has proposed to submit a new plan that envisages an integrated development approach for the entire D-6 block. 
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| Pilots' strike: Air India board to meet on Monday Posted: 27 May 2012 06:52 AM PDT Airline sources said the board is likely to consider the next steps to be taken to deal with the strike, spearheaded by the now derecognised Indian Pilots Guild 
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| FIIs pull out Rs 435 crore from stocks in May so far Posted: 27 May 2012 05:34 AM PDT After pulling out over Rs 1,100 crore from the Indian equity market in last month, overseas investors have withdrawn funds to the tune of Rs 435 crore in May so far. 
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| Airtel enters mobile advertising segment Posted: 27 May 2012 05:26 AM PDT Airtel will equip advertisers to connect with their potential customers in a targeted and personalised fashion via their mobile phones, the company said in a statement. 
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| Lalit Hotel to invest Rs 1,200 crore in next 3 years Posted: 27 May 2012 04:33 AM PDT Luxury hotel chain The Lalit will invest Rs 1,200 crore to expand its business in the next three years, which also includes entering the mid-level segment. 
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| New-gen banks gain market share on higher rates Posted: 26 May 2012 11:50 PM PDT A higher interest rate of up to 7 per cent on savings bank deposits seems to be helping small new-generation banks like Yes Bank, IndusInd Bank and Kotak Mahindra Bank expand their market share at the cost of the old public sector banks. 
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| 'Govt, pvt websites under hacker threat' Posted: 26 May 2012 11:43 PM PDT Computer security analysts have issued an alert for Internet users and operators against hackers attempting to target websites of "reputed" government and private organisations. 
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| Top 6 firms gain over Rs 21k cr in m-cap Posted: 26 May 2012 10:00 PM PDT Six of the top 10 BSE Sensex companies added Rs 21,339 crore to their market capitalisation (m-cap) last week, led by ONGC which alone gained over Rs 7,000 crore in value. 
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| Top 6 firms gain over Rs 21K cr in m-cap Posted: 26 May 2012 10:00 PM PDT Six of the top 10 BSE Sensex companies added Rs 21,339 crore to their market capitalisation (m-cap) last week, led by ONGC which alone gained over Rs 7,000 crore in value. 
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| Audi eyes over 45% sales growth in India Posted: 26 May 2012 09:57 PM PDT German luxury car maker Audi on Sunday said it is looking at over 45 per cent sales growth this year in India and is introducing its global customer-oriented programme, Audi CarLife-Advance as part of the plan. 
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