Thursday, July 5, 2012

Desi cos helping women back into career

Desi cos helping women back into career


Desi cos helping women back into career

Posted: 05 Jul 2012 02:26 PM PDT

Many women sacrifice their careers for someone or something close to their heart. It could be to move with the spouse to his new work location, to raise a family, or to take care of an ailing parent.


TCS, HCL set to lead growth again in Q1

Posted: 05 Jul 2012 02:16 PM PDT

Leading IT firms are expected to post sequential revenue growth of 8.5% to 9% in the June quarter, mostly on the back of a falling rupee. The growth would compare well with the negative to low single-digit growth rates in the last quarter.


‘Days of big bang reforms are over’

Posted: 05 Jul 2012 02:10 PM PDT

C Rangarajan, chairman of the Prime Minister's Economic Advisory Council, has been a dependable aide of Manmohan Singh for several years. He was RBI governor when Singh announced two rounds of rupee depreciation in July 1991. Now, with the PM taking charge of the finance ministry, Rangarajan is once again busy devising the revival of Asia's third largest economy. He sounds optimistic about growth prospects this year and says the government is taking steps to revive investor sentiment and growth.


Aditya Birla buys Canadian pulp co

Posted: 05 Jul 2012 01:51 PM PDT

Kumar Mangalam Birla-controlled Aditya Birla Group has acquired Canada's Terrace Bay Pulp Mill in North Western Ontario, in which the group will invest more than $250 million in a phased manner to convert the mill to produce dissolving grade pulp.


Brent crude rises more, US turns higher

Posted: 05 Jul 2012 08:30 AM PDT

Brent crude futures extended their gains and US crude turned higher on Thursday after the US Energy Information Administration's weekly inventory report showed a bigger-than expected drop in crude oil stocks in the United States last week.


Rupee weakens by 48 paise against dollar

Posted: 05 Jul 2012 06:18 AM PDT

Falling for the second straight day, the rupee today lost 48 paise to close at 54.97 against the US dollar on heightened demand of the US currency from importers despite robust fund flows into stocks.


China cuts key interest rates for 2nd time in a row

Posted: 05 Jul 2012 05:41 AM PDT

China's central bank cut interest rates for the second time in two months on Thursday to bolster an economy widely expected to record its sixth successive slide in growth in April-June.


Sensex up 76 points to 3-month high

Posted: 05 Jul 2012 04:20 AM PDT

A benchmark index of Indian equities markets closed 75 points higher Thursday with robust buying in FMCG, banking and capital goods.


'India's economic troubles self-inflicted'

Posted: 05 Jul 2012 01:57 AM PDT

India's economic troubles are mostly self-inflicted, resulting from policy paralysis and opposition to reforms -- a situation that is unlikely to change before the general elections in 2014, says a report.


Sensex up 20 points after initial losses

Posted: 04 Jul 2012 10:59 PM PDT

The BSE benchmark Sensex was up 20 points after opening lower on some buying in FMCG, Consumer Durables, Capital Goods and Power stocks and inflows from foreign funds.


Volkswagen finalizes Porsche takeover

Posted: 04 Jul 2012 09:58 PM PDT

German carmaker Volkswagen said it was on track to finalize the full takeover of sports car manufacturer Porsche by the end of the month.


Rupee down 56 paise vs dollar

Posted: 04 Jul 2012 09:25 PM PDT

The rupee today breached the 55-level again and fell sharply by 56 paise, or over 1 per cent, to 55.05 against the US dollar in early trade, due to increased demand for the American currency from banks and importers amid a weak opening in the equities.


Sensex down over 36 points on profit-booking

Posted: 04 Jul 2012 09:24 PM PDT

The BSE benchmark index Sensex today declined by over 36 points in early trade due to profit- booking by speculators after recent gains amid mixed trend at the Asian markets.


Renault kicks up SUV competition with Duster

Posted: 04 Jul 2012 02:23 PM PDT

French carmaker Renault fired new competition in the fast-growing SUV market in India, driving in its Duster off-roader at an aggressive Rs 7.19 lakh (petrol, ex-showroom Delhi).

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