Monday, March 4, 2013

Business:3/5/2013 7:45:27 AM



Mahindra launches new Maxximo model

Auto major Mahindra & Mahindra today launched a new version of its light commercial vehicle Maxximo.






Hyundai launches special edition i10

The special edition will have features like rear-view parking camera and electro-chromic function on cabin rear view mirror and steering-mounted blue-tooth device.






Rupee hits near 2-month low, ends marginally stronger

The rupee hit the lowest level in nearly two months on Monday before closing marginally stronger with exporter and corporate dollar sales aiding the recovery, though sentiment continues to remain bearish in the near term.






Sensex closes 40 points down on profit-booking

The BSE benchmark sensex today closed 40 points down on emergence of profit-booking by funds mainly in metal and realty sector stocks amid a weak global trend.






Indian women prefer more flexibility at work: Survey

Majority of working women in the country prefer greater flexibility at workplace and they define professional success as the right balance between work and personal life, says a survey.








'British companies looking for opportunities in India'

British companies are looking for opportunities in India, especially in the infrastructure space that is expected to see investments worth USD 1 trillion in five years, according to global consultancy Deloitte.






Financial inclusion must for new bank licence: RBI

The Reserve Bank on Monday said financial inclusion plan will be an important criteria for getting new bank licences in the private sector.






Budget positive for ratings: Moody's

India's fiscal consolidation plans could pave the way for monetary easing, thus helping revive economic growth, Moody's added.






Budget positive for ratings: Moody's

India's fiscal consolidation plans could pave the way for monetary easing, thus helping revive economic growth, Moody's added.








Budget positive for ratings: Moody's

India's fiscal consolidation plans could pave the way for monetary easing, thus helping revive economic growth, Moody's added.






Rupee hits near two-month low

The rupee today weakened by 16 paise to trade at nearly two-month low of 55.05 against the dollar in early trade at the Interbank Foreign Exchange market due to increased demand for the US currency from oil importers.






Rupee hits near two-month low

The rupee today weakened by 16 paise to trade at nearly two-month low of 55.05 against the dollar in early trade at the Interbank Foreign Exchange market due to increased demand for the US currency from oil importers.






Sensex tumbles by 126 points

The BSE benchmark Sensex tumbled by 126 points to 18,792.94 in the late morning deals due to heavy selling pressure from operators mainly in metal, realty, FMCG, consumer goods, power and PSU sectors, triggered by weak Asian cues.






Sensex down 59 points on profit-booking

The BSE benchmark Sensex today fell by over 59 points to 18,859.06 in early trade as funds and retail investors booked profits after recovery in the previous session amid a mixed trend in the Asian region.




Sensex tumbles by 126 points

The BSE benchmark Sensex tumbled by 126 points to 18,792.94 in the late morning deals due to heavy selling pressure from operators mainly in metal, realty, FMCG, consumer goods, power and PSU sectors, triggered by weak Asian cues.






Centre's spending cut to hit state finances

Modi, who also heads the empowered group of state finance ministers, blamed the UPA for splurging ahead of the last general elections (in 2008-09 and 2009-10) and "creating a mess" now.






Centre's spending cut to hit state finances

Modi, who also heads the empowered group of state finance ministers, blamed the UPA for splurging ahead of the last general elections (in 2008-09 and 2009-10) and "creating a mess" now.








IT dept's intel unit to track evaders

In no mood for showing leniency to tax dodgers, the government has activated a business intelligence unit at the income tax department's Vaishali office in Ghaziabad.




IT dept's intel unit to track evaders

In no mood for showing leniency to tax dodgers, the government has activated a business intelligence unit at the income tax department's Vaishali office in Ghaziabad.






Buddies build bonds, leadership skills at companies

When Moin Shaikh was chosen to become a buddy to assist new recruits at Lupin's Tarapur plant in November 2011, he did not expect the experience will help him imbibe key leadership traits.




Buddies build bonds, leadership skills at companies

When Moin Shaikh was chosen to become a buddy to assist new recruits at Lupin's Tarapur plant in November 2011, he did not expect the experience will help him imbibe key leadership traits.








Cut in US spend may trip FII flows

The US law which cuts the federal government's spending limit by $85 billion each fiscal is expected to have only a limited impact in the near term.




Cut in US spend may trip FII flows

The US law which cuts the federal government's spending limit by $85 billion each fiscal is expected to have only a limited impact in the near term.






5-6 % growth not enough: D Subbarao

Reserve Bank governor D Subbarao said on Sunday that India's growth story is still intact, with the potential to grow at double digit rates, provided some issues are addressed.




5-6 % growth not enough: D Subbarao

Reserve Bank governor D Subbarao said on Sunday that India's growth story is still intact, with the potential to grow at double digit rates, provided some issues are addressed.






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