Friday, December 28, 2012

Banks' gold plans fail to shine

Banks' gold plans fail to shine

Banks' gold plans fail to shine

Posted: 28 Dec 2012 11:27 AM PST

Even as the government is considering schemes like gold deposits to rein in the huge surge in gold imports, such initiatives haven't yielded much success in the past.

KFA should clear dues before restarting ops: AAI

Posted: 28 Dec 2012 11:10 AM PST

In a major blow to grounded Kingfisher's plans to restart operations, the Airports Authority of India (AAI) has refused to give its nod to the airline to do so without first recovering dues of Rs 300 crore.

RBI’s January rate cut under cloud

Posted: 28 Dec 2012 11:08 AM PST

A rate cut which looked imminent in January has now been called into question with the Reserve Bank of India (RBI) saying that it is worried that savers are shifting to non-financial assets like gold and real estate because of very low real returns on financial assets.

Cyrus Mistry takes charge of Tata Group

Posted: 28 Dec 2012 11:05 AM PST

Bombay House, the iconic headquarters of the $100-billion Tata Group, saw a quiet change of guard on Friday when 44-year-old Cyrus Pallonji Mistry, in a black trouser and a pale blue shirt, walked in at around 9.30 am to take over as the group's chairman.

Ratan Tata was brilliant: India Inc

Posted: 28 Dec 2012 04:42 AM PST

Describing Ratan Tata as a true Indian corporate leader, India Inc today said he led the Tata group brilliantly and attained global heights which showed it is possible to do business in an ethical way.

Rupee gains; current account deficit in focus

Posted: 28 Dec 2012 04:11 AM PST

The rupee rose on Friday to post a 0.6 percent gain for the week, helped by a strong month of foreign inflows, although sentiment remained cautious ahead of domestic current account data and the continuing negotiations over the U.S. "fiscal cliff."

Sensex surges 121 pts; RIL, ONGC among gainers

Posted: 28 Dec 2012 03:10 AM PST

The BSE benchmark Sensex on Friday closed 121 points higher on buying in energy stocks following reports of a gradual hike in fuel prices amid a firming global trend.

Indian employees optimistic about economic situation

Posted: 28 Dec 2012 02:59 AM PST

The Indian workforce is among the most optimistic about the economic situation in the country according to the latest findings of the Randstad Workmonitor Survey 2012 - Wave 4.

Corporates told to rectify any mistake in address

Posted: 28 Dec 2012 02:55 AM PST

The ministry of corporate affairs has asked corporates to rectify any mistake with regard to the address of their respective registered office by June next year.

Gold prices up by Rs 110 on global cues

Posted: 28 Dec 2012 01:53 AM PST

Gold prices recovered by Rs 110 to Rs 31,010 per 10 gm in the national capital on Friday on emergence of buying by stockists at existing lower levels

Change of guard at Tata Group

Posted: 28 Dec 2012 12:07 AM PST

The head of Tata Group, Ratan Tata, was quietly handing over the reins of the business empire on his 75th birthday on Friday as he basked in the plaudits for turning the organisation into a global power.

Rupee up 7 paise against dollar

Posted: 27 Dec 2012 08:45 PM PST

The rupee gained 7 paise to 54.87 against the dollar in early trade on Friday at the Interbank Foreign Exchange (Forex) market.
Posted by Harshad at 9:08 PM

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