Infy buys consulting co for $350m |
- Infy buys consulting co for $350m
- ‘Indians worried about economic future’
- ITC picks up 1% in EIH, raises stake to 16%
- India hopes exports will bounce back by October
- India Inc mops up Rs 64k cr debt in Q1
- US dollar ends dearer against Rupee
- Sensex ends 17 points up
- Hiring activity slows down by 4% in August
- Gold hits fresh high of Rs 32,500
- Salaries of CAs' rise: CIMA
- Liquidity position comfortable: RBI
- BHEL to recruit 5,000 people in next five years
- Gold futures touch new high of Rs 32,400
- Car sales fall 19% in August
- Sensex up 61 points on funds buying
- Infosys to acquire Lodestone for $349 million
| Infy buys consulting co for $350m Posted: 10 Sep 2012 07:11 PM PDT Infosys on Monday announced two acquisitions that reversed some of the negative perceptions built in recent times on account of its lackluster performance in comparison to its peers, and its seemingly non-aggressive approach towards acquisitions. 
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| ‘Indians worried about economic future’ Posted: 10 Sep 2012 07:05 PM PDT Anation nurtured for over half a century on a rich diet of socialism is decidedly turning right. A new survey, conducted by Pew Research Center on its Global Attitudes Project, shows Indians embracing free-market capitalism and a strong work ethic at the expense of socially and culturally conservative mores. 
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| ITC picks up 1% in EIH, raises stake to 16% Posted: 10 Sep 2012 07:04 PM PDT In a block deal of 57.4 lakh shares on the BSE on Monday, the cigarettes-to-hotels major ITC picked up another 1% in hospitality major EIH. With this, ITC has increased its holding in EIH to 16% and narrowed its gap with private sector giant Reliance Industries (RIL), which holds 18.5%. 
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| India hopes exports will bounce back by October Posted: 10 Sep 2012 08:56 AM PDT Commerce and industry minister Anand Sharma today expressed hope that India's exports will rebound by October as steps taken by EU and the US are likely to yield results. 
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| India Inc mops up Rs 64k cr debt in Q1 Posted: 10 Sep 2012 08:48 AM PDT As bank credit remained costly given the high interest rate, corporates turned to private placement market to mobilize funds which jumped 29 per cent in the first quarter to Rs 64,250 crore. 
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| US dollar ends dearer against Rupee Posted: 10 Sep 2012 05:30 AM PDT The US dollar ended dearer against the Rupee at Rs.55.44/45 per dollar and the Pound Sterling also finished higher at Rs 88.62/64 per pound at the close of the Interbank Foreign Exchange Market (Forex) today. 
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| Posted: 10 Sep 2012 04:15 AM PDT The Sensex today closed 17 points up in lacklustre trade as investors adopted a cautious approach after recent gains and ahead of IIP and inflation data releases later this week. 
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| Hiring activity slows down by 4% in August Posted: 10 Sep 2012 03:50 AM PDT The hiring activity across sectors, functional areas and cities slowed down significantly last month, said a report by an online job portal. 
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| Gold hits fresh high of Rs 32,500 Posted: 10 Sep 2012 03:27 AM PDT Gold prices touched new all-time high of Rs 32,500 per 10 grams in the bullion market here today on seasonal demand amid strong global trend. 
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| Posted: 10 Sep 2012 03:26 AM PDT Average salaries vary across regions of India, with the highest salaries being paid in Bengaluru followed by Mumbai and Chennai. 
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| Liquidity position comfortable: RBI Posted: 10 Sep 2012 02:25 AM PDT Reserve Bank said the liquidity situation currently is comfortable and indicated that monetary policy action in the forthcoming mid-quarterly review next week would depend on latest developments in the money market. 
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| BHEL to recruit 5,000 people in next five years Posted: 10 Sep 2012 12:41 AM PDT Heavy engineering major BHEL plans to recruit 5,000 employees for posts ranging from artisans to plant engineers and management executives over the next five years, a senior company official has said. 
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| Gold futures touch new high of Rs 32,400 Posted: 09 Sep 2012 11:47 PM PDT Buoyed by a firming global trend, gold prices surpassed all previous records to trade at fresh record high of Rs 32,400 per 10 gram in futures trade today. 
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| Posted: 09 Sep 2012 10:10 PM PDT Car sales in India fell for the first time in 10 months in August, and motorcycle sales fell for the first time since January 2009, an industry body said, as high interest rates and slowing economic growth dragged down demand. 
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| Sensex up 61 points on funds buying Posted: 09 Sep 2012 09:34 PM PDT The BSE benchmark index Sensex gained over 61 points in early trade on Monday on sustained buying by funds and retailers amid a firming trend in Asian region. 
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| Infosys to acquire Lodestone for $349 million Posted: 09 Sep 2012 09:00 PM PDT Lodestone will add more than 200 clients across industries including manufacturing, automotive and life sciences, to the Infosys pool of over 700 clients. 
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