2008-10-13 10:47:32
The Bombay Stock Exchange benchmark Sensex moved up by 495 points and regained the 11k level at 1015 hrs today following revival of buying by funds as well as retail investors after Finance Minister P Chidambaram said that more measures are expected
2008-10-13 07:31:31
Battered by rumours that cast doubts about its financial health, ICICI Bank yesterday approached the police alleging that certain brokers with a Mumbai-based brokerage house
2008-10-13 07:28:39
While the world is reeling from a financial crisis, Iraq's doing just fine
2008-10-12 13:01:14
In a bid to cash-in on the ongoing festive season, India's largest car maker Maruti Suzuki India has increased production of its 'hotcake' models by about 6,000 units in September after continuously reducing in the previous four months.
2008-10-12 12:30:47
Tata Motors make,'Nano' is likely to be rolled out around the time Ratan Tata celebrates his 71st birthday on December 28, just as the 'Indica' was launched a decade ago when he turned 61.
2008-10-12 12:24:15
Tata Business Support Systems (TBSS), a Tata group subsidiary engaged in the business of providing back-end support to the group companies, is planning to recruit around 5,000 persons for its rural BPOs in the next 5 years.
2008-10-12 11:29:48
After slashing the requirement for banks to keep cash with the central bank (CRR) by 150 basis points, the Reserve Bank may now go for a cut in short term lending rate (repo) by 25-50 basis points to infuse further liquidity in the system, bankers sa
2008-10-12 11:21:10
World's largest mobile phone maker Nokia has filed a patent application in India for its networking solution which allows a user group to share multimedia contents during a group communication.
2008-10-11 10:58:41
Warren Buffett has overtaken Bill Gates to become the richest American in the Forbes 400 list. A recalculated list will be published later this month.
2008-10-10 18:13:21
With meltdown in stock markets driving investors towards bullion, gold prices are likely to touch Rs 15,000 per 10 gram by Diwali, say analysts.
2008-10-10 17:49:39
After tanking over 1,000 points in minutes after opening, the benchmark Sensex staged a moderate recovery but still closed lower by more than 800 points at 10,527.80, the lowest in more than two years, on sell-off spree which mirrored the panic among
2008-10-10 15:55:15
The benchmark Sensex by midsession partially recovered to trade at 10,726.06 points, still lower by over 600 points, after suffering massive losses in early trade on reports of inflation declining and the Finance Minister P Chidambaram's soothing com
2008-10-10 14:24:15
The Reserve Bank of India today fixed the Reference rate for the US currency at Rs 48.72 per dollar and the single European unit at Rs 65.90 per euro from Rs 48.74 per dollar and Rs 66.12 per Euro respectively on October 8.
2008-10-10 14:22:40
Mumbai-based Hindustan Construction Company today said it has started talking to global players as part of its strategy to get into infrastructure business like airport modernisation and hydro-electric power projects.
2008-10-10 14:13:30
Inflation fell marginally to 11.80% for the week ended September 27 on account of declining prices of food items, including cereals and pulses.
2008-10-10 12:01:07
Hit by a credit crunch and crash in the stock markets, Finance Minister P Chidambaram today said that main problem is liquidity and government would do everything to tackle it.
2008-10-10 10:45:13
The Bombay Stock Exchange benchmark Sensex today tumbled by nearly 10 per cent to 10,239.76 in opening trade as foreign funds dumped heavy-weight stocks owing to spreading global financial crisis amid the depreciating Indian rupee.
2008-10-10 10:42:43
Infosys today said it would not raise the bid price of 600 pence a share for UK-based Axon, a move which rules it out from the race to acquire the SAP firm.
2008-10-10 10:03:53
The Indian rupee today fell to more than six-year low of 49.07 against the US dollar at 0940 hrs owing to deepening global financial crisis amid weak Asian stock markets.
2008-10-10 07:38:38
The US National Debt Clock was installed in Manhattan by late real estate developer Seymour Durst in 1989 to highlight what was then a $2.7 trillion debt.