Tuesday, December 25, 2012

Sensex rises 66 points in early trade

Sensex rises 66 points in early trade

Sensex rises 66 points in early trade

Posted: 25 Dec 2012 08:18 PM PST

The 30-share barometer gained 66.32 points, or 0.34 per cent, to 19,321.41 with all the sectoral indices led by consumer durables rising up to one per cent.

Delhi with few farmers gobbles up huge share of agricultural loans

Posted: 25 Dec 2012 02:43 PM PST

Blame it on faulty government policy or asymmetrical deployment of resources: Delhi's 38,000 farmers drew agricultural loans worth Rs 24,000 crore in 2009 compared to Gujarat's 15 lakh farmers who had farm loan outstanding of Rs 18,000 crore in that year.

JLR China to recall cars for fixing brakes

Posted: 25 Dec 2012 02:41 PM PST

Jaguar Land Rover's Chinese subsidiary will recall 337 cars because of substandard fixings in their brakes and steering boxes, China's national product quality watchdog said on Tuesday.

3-wheeler sales turbo-charged

Posted: 25 Dec 2012 02:38 PM PST

Public transportation in satellite towns or the lack of it is driving three wheeler sales in the country. In October 2012, a record 85,814 units of three wheelers were produced in India, economic think tank CMIE's data revealed.

Royalty to parent companies earns investors' ire

Posted: 25 Dec 2012 02:34 PM PST

Huge royalty payouts by Indian subsidiaries are being termed an 'unfair' corporate practice, drawing increasing concern and attention from investors and shareholders.

Services sector FDI up 5% in April-Oct

Posted: 25 Dec 2012 02:27 PM PST

Foreign direct investment (FDI) inflows into the services sector increased by a mere 5% to $3.6 billion during the April-October period of this fiscal, according to the latest data of industry ministry. The financial and non-financial services sector had attracted FDI worth $3.4 billion during the same period last year.

Banks look to counter cash subsidy rush with ATMs

Posted: 25 Dec 2012 02:16 PM PST

Even as banks work overtime to meet the target of 'one account per household' in 51 districts by January 2013, another race is on to install close to 2,000 ATMs to meet the ensuing rush for withdrawals once the government moves to direct cash transfer of subsidies.

Federal Bank ups deposit rates by 0.50%

Posted: 25 Dec 2012 06:52 AM PST

Under the revised slabs, the bank will pay 9 per cent per annum for a deposit of over one year.

FDI in services sector up 5% in April-Oct

Posted: 25 Dec 2012 02:52 AM PST

India's foreign direct investment (FDI) inflows into the services sector increased by a mere 5 per cent to $3.6 billion during the April-October period of this fiscal.

Job generation fell 21% between Jan & mid Dec

Posted: 25 Dec 2012 01:07 AM PST

Job generation during 2012 saw a 21 per cent decline across various sectors of the economy between January and mid-December, according to an Assocham analysis.

Tata Motors goes back to drawing board at Pimpri unit

Posted: 24 Dec 2012 10:26 PM PST

Deep in Tata Motors' largest factory, engineers don 3D glasses to play with car designs and prototypes projected from a 10-metre wide computer screen. Their quest? The automaker's next blockbuster car model.

PSUs, insurance firms face tough time in 2012

Posted: 24 Dec 2012 09:41 PM PST

Insurance firms and PSUs had to face some tough time in 2012 from the consumer fora which pulled up these entities for causing a rise in frivolous litigation.
Posted by Harshad at 9:03 PM

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