Gold dips to 6-mth lows on weak euro ahead of G20Gold fell to a six-month low on Friday, breaking through technical support near $1,630 an ounce, as the euro weakened against the dollar ahead of a G20 meeting, which should give more clues on currencies.
Tata Motors to launch new products in UV segmentTata Motors is plotting a fightback in the utility vehicle segment against homegrown rival Mahindra, with plans to launch a slew of products, which could even incorporate technology from JLR.
Sensex declines 29 points; Dr Reddy loses 3.55%The BSE benchmark Sensex today closed 29 points down on selling by funds mainly in oil & gas and IT sector stocks amid dismal earnings by some bluechip companies.
India will soon grow at over 8%: PranabIndia would halt the decelerating economic growth and revert to the eight percent-plus growth levels soon, President Pranab Mukheree said Friday.
No communication from banks on recoveries: KFAWith banks planning to monetise Kingfisher Airlines' securities to recover a debt of about Rs 7,000 crore, the grounded carrier on Friday said it was continuing discussions with its lenders and had not received any formal communication from them on the matter.
Mahindra Satyam acquires SAP firm in BrazilThe acquisition will focus on developing solutions for the rapidly expanding enterprise solutions market in Brazil.
Rupee up 6 paise vs dollarThe rupee today gained six paise to 53.86 against the dollar in early trade at the Interbank Foreign Exchange on fresh selling of the US currency by exporters.
Sensex down 39 points in early tradeThe BSE benchmark sensex today fell over 39 points in early trade as selling by funds and retail investors amid a weak trend in global markets.
SBI net up 4% on bad loan provisionsThe country's largest lender SBI on Thursday announced a net profit of Rs 3,396 crore for the quarter ended December 2012, an increase of 4% over the corresponding period last year as provisions for bad loans continued to be a drag on earnings.
KFA lenders seek legal view on Mallya's assetsLenders to Kingfisher Airlines are now seeking legal opinion on whether they can exercise any lien on promoter Vijay Mallya's liquor assets.
Ketchup on Warren Buffett's plate as he buys HeinzWarren Buffett's Berkshire Hathaway and Jorge Paulo Lemann's 3G Capital agreed to buy HJ Heinz in a deal for about $23 billion as the billionaires increased their bets on consumer products.
American, US Airways seal $11bn mergerรง , and US Airways announced an $11-billion merger on Thursday to create the world's largest airline whose fleet will be close to 1,000 planes and carry some 166 million passengers annually.
Inflation eases to 3-yr low of 6.62%Inflation eased to a three-year low of 6.62% in January, bringing relief for policymakers and boosting prospects for an interest rate cut to support growth.
TCS overtakes RIL, becomes most valued companyTCS today surpassed Reliance Industries to become the country's most valued company as the IT major's market capitalisation soared to over Rs 2.83 lakh crore on the back of a spurt in its share price.
Fuel retailers to raise diesel, petrol prices by Feb 16State fuel retailers may marginally raise petrol and diesel prices on Friday or Saturday, the chairman of Bharat Petroleum Corp said on Thursday.
Gold demand falls in 2012 for first time in 3 yrsGlobal gold demand fell last year for the first time since 2009 as jewellery buying abated in the key Indian and Chinese markets and US and European coin and bar investment dropped, the World Gold Council said on Thursday.
Tata Motors Q3 profit halvesHit by falling margins and rising capital expenditure, roaring Jaguar Land Rover (JLR) may be heading for a speed trap.
Sensex falls 111 pointsAfter a better start at 19639.83, the Sensex tumbled by 110.90 points, or 0.57 per cent to 19,497.18 as investors adopted a cautious stance, wiping a major portion of the 147 point gained in past two days.
Finmeccanica SpA appoints new CEOScandal-hit Finmeccanica SpA, Italy's biggest defense contractor, has appointed Alessandro Pansa as the new CEO to succeed Giuseppe Orsi.
SBI Q3 net profit rises by 4% to Rs 3396 croreCountry's largest lender SBI on Thursday reported a marginal 4.08 per cent increase in net profit at Rs 3,396 crore for the third quarter ended December 31, 2012.
Wipro, Siemens to be excluded from Nifty from April 1Shares in software service exporter Wipro Ltd fell as much as 2.2% while power equipment maker Siemens Ltd retreated on Thursday after India Index Services & Products Ltd said both companies would be removed from the Nifty on April 1.
Inflation eases to 6.62% in JanuaryIndia's annual wholesale price inflation eased more than expected to 6.62 percent in January, government data showed on Thursday.
Inflation eases to 6.62% in JanuaryDeclining for the fourth straight month, WPI inflation fell to 6.62% in January despite rise in prices of food items like vegetables, onions and rice.
Rupee down 12 paise against dollarThe rupee declined by 12 paise to 53.94 against the dollar at the Interbank Foreign Exchange market in early trade today on fresh demand for the American currency from banks.
Sensex gains 20 points in early tradeThe BSE benchmark sensex gained nearly 20 points in early trade today on selective buying by funds and retailers amid a firming Asian trend.
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