Thursday, January 10, 2013

Rupee up by 15 paise

Rupee up by 15 paise

Rupee up by 15 paise

Posted: 10 Jan 2013 08:38 PM PST

Extending gains for the fourth straight session, the rupee today rose by 15 paise to 54.42 against the dollar at the Interbank Foreign Exchange market on continued selling of the US currency by exporters and banks.

Sensex up 176 points; Infosys surges 12%

Posted: 10 Jan 2013 08:30 PM PST

The BSE benchmark Sensex today rose by 176 points in early trade, mainly on the back of a rally in IT-sector stocks after Infosys posted "better-than-expected" third quarter earnings.

Infosys Q3 net profit flat

Posted: 10 Jan 2013 08:05 PM PST

Infosys posted a net profit of Rs 2,369 crore for the quarter ending December, which remained unchanged from the September quarter.

India is fourth largest revenue earner for Sony

Posted: 10 Jan 2013 05:12 PM PST

India has emerged as the fourth-largest revenue earner for Sony Corp — after the US, China and Japan — raking in over Rs 6,000 crore during April-December 2011, the company announced on Tuesday.

FDI flows to shift from China to India, Asean: HSBC

Posted: 10 Jan 2013 05:10 PM PST

HSBC has said in a research report that it expects a shift in FDI flows from China to India and Asean countries, driven by higher wage costs and currency appreciation in China.

Dual diesel price regime to hit state oil companies

Posted: 10 Jan 2013 05:04 PM PST

The oil ministry's proposal for a dual pricing regime for diesel — having a market price for bulk consumers and subsidized rate at pumps — would work to the disadvantage of state-run fuel retailers and spark diversion.

KFA will fly again by summer: Mallya

Posted: 10 Jan 2013 04:56 PM PST

It took a threat from employees to seek legal help in selling grounded Kingfisher's assets and get their salary dues for promoter Vijay Mallya to finally break his silence .

Crisil predicts GDP growth at 6.7%

Posted: 10 Jan 2013 04:48 AM PST

CRISIL Research predicts that India's GDP will grow at a higher rate of 6.7% in 2013-14 in comparison to 5.5% estimated for the current fiscal due to a revival in consumption.

Citigroup downgrades India to 'underweight'

Posted: 10 Jan 2013 04:16 AM PST

Citigroup downgrades India to "underweight" from "neutral", as part of its emerging markets review, saying a rebound in economic growth, corporate risk appetite and the investment cycle may not be as strong as current expectations.

Rupee gains for third session on inflows

Posted: 10 Jan 2013 04:10 AM PST

The rupee rose for a third session on Thursday, its biggest winning streak in over a month, as continued capital inflows helped absorb steady dollar demand from oil refiners.

Sensex ends flat; ONGC gains

Posted: 10 Jan 2013 03:12 AM PST

The Sensex ended flat on Thursday as Infosys(INFY.NS) and other software services exporters fell ahead of their upcoming earnings results, while cement maker fell on near-term outlook concerns.

Sensex falls 3 points ahead of IIP data

Posted: 10 Jan 2013 03:12 AM PST

The BSE benchmark Sensex today closed three points down as investors refrained from creating fresh positions ahead of the release of factory output data and quarterly earnings season led by Infosys tomorrow.

Rupee up by 15 paise

Posted: 09 Jan 2013 09:45 PM PST

The rupee today gained 15 paise to 54.60 against the US dollar in early trade at the Interbank Foreign Exchange market on the back of increased capital inflows.

Sensex recovers 103 points

Posted: 09 Jan 2013 09:43 PM PST

The BSE benchmark Sensex today gained nearly 103 points in early trade, mainly led by a rally in stocks of oil companies on hopes of a hike in fuel prices amid firm global cues.
Posted by Harshad at 9:39 PM

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