Thursday, August 16, 2012

Foreign investors halve Indian private equity exposure

Foreign investors halve Indian private equity exposure


Foreign investors halve Indian private equity exposure

Posted: 16 Aug 2012 04:33 PM PDT

Global risk investors allocated 50% less capital for private equity investments in India to chase opportunities in other emerging markets during the first six months of 2012.


Punjab to get world's first all-veg Subway outlet

Posted: 16 Aug 2012 04:28 PM PDT

Subway, the sandwich giant and world's biggest restaurant chain with 37,000 outlets across the globe, is now ready to roll out its first all-vegetarian outlet.


India seeks access to Chinese market

Posted: 16 Aug 2012 04:14 PM PDT

India will present a roadmap for its companies, seeking access in China for information technology and pharmaceutical products during a crucial meeting of a Joint Economic Group on August 27.


Jet, Air India try to emerge as West-Saarc bridge

Posted: 16 Aug 2012 04:08 PM PDT

Air India (international) says 1 lakh of its 30 lakh international travellers annually came from this segment and the airline has set a target of 1.25 lakh for this year.


Index to help track housing project status

Posted: 16 Aug 2012 04:07 PM PDT

The availability of housing stocks, status of residential projects under construction and real estate prices in 17 cities across the country will soon be click of a mouse away.


Rupee falls to 2-week low against US dollar

Posted: 16 Aug 2012 09:04 AM PDT

The rupee fell to a two-week low today, aligning with a surge in the global dollar, with losses pruned by dollar selling by large corporates at higher levels.


Sensex closes 78 points down

Posted: 16 Aug 2012 04:29 AM PDT

A benchmark index of Indian equities markets on Thursday closed almost 78 points down after FMCG, metal and consumer durables stocks came under selling pressure.


Gold sheds Rs 30, silver gains Rs 100

Posted: 16 Aug 2012 03:32 AM PDT

Gold prices declined by Rs 30 to Rs 30,370 per 10 grams in the bullion market in Delhi on Thursday due to sluggish demand, while silver rose by Rs 100 to Rs 54,000 on increased offtake.


Slowing IIP growth to weigh on banks' asset quality

Posted: 16 Aug 2012 03:10 AM PDT

The gross NPA for leading banks increased 14.6% quarter-on-quarter to around Rs. 79200 crore in April-June.


Rate cut will depend on inflation: RBI

Posted: 16 Aug 2012 02:51 AM PDT

The Reserve Bank said it will assess monetary policy if the declining trend in inflation is sustainable and accordingly take decision on reducing interest rate.


Rupee touches 56-level against dollar

Posted: 15 Aug 2012 11:13 PM PDT

The rupee dropped 35 paise to 56 per US dollar after a gap of two weeks on persistent demand for the American currency from banks and importers.


Gold demand hits lowest in 2 years

Posted: 15 Aug 2012 10:44 PM PDT

Gold demand fell to its lowest level in more than two years in the second quarter, the World Gold Council said on Thursday, as a drop in buying in major consumers India and China outweighed a record quarter for central bank purchases.


Jet fuel price increased by 3.2%

Posted: 15 Aug 2012 10:39 PM PDT

Jet fuel or ATF price was on Thursday hiked by over 3.2 per cent, the third straight increase since July, adding to the cost burden of cash-strapped airlines.


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