Bangalore, Madras stock exchanges to mergeThe Bangalore Stock Exchange will be merged with the Madras Stock Exchange. The combined entity will become the single largest regional exchange in the country with over 1000 local companies listed exclusively on it.
Mercedes scales up India investment to Rs 850crLuxury car major Mercedes-Benz India has raised its investment to Rs 850 crore as part of the expansion plan of its factory at Pune, managing director and CEO Eberhard H Kern said.
UB Group hikes loan limit for KingfisherTo accommodate further lending to debt-laden Kingfisher Airlines, its group holding firm United Breweries (Holdings) today said it is hiking its loan limit for the ailing carrier from Rs 300 crore to Rs 750 crore.
Rupee gains on fund inflowsThe rupee came off one-month lows to end higher on Monday, as late inflows related to foreign funds selling dollars outweighed demand from oil importers and weak Asian currencies which were weighed down by continued worries about the potential for competitive devaluations.
Sensex closes 33 points upThe BSE benchmark sensex on Monday closed 33 points higher as investors indulged in selective buying mainly in realty and capital goods sectors ahead of the Union Budget.
Moily rules out fuel price hike rollbackOil minister M Veerappa Moily on Monday ruled out a rollback in the Rs 1.50 a litre hike in petrol and 45 paise per litre increase in diesel ratess.
Jet shares down 7% amid Ethihad deal revision reportsShares of Jet Airways today tanked more than seven per cent on bourses amid reports that the Abu Dhabi-based carrier Etihad is likely to revise its deal to buy a stake in the Indian carrier.
Unilever to invest 50 million euros for deodorant plantAnglo-Dutch consumer goods company Unilever Plc said it will invest 50 million euros ($66.71 million) to set up an aerosol deodorant manufacturing plant in Maharashtra.
Rupee trades at one-month low vs dollarThe Indian rupee dropped by 11 paise to one-month low against the American currency at 54.33 in late morning trade on sustained dollar demand from banks and importers on the back of a firm greenback in overseas markets.
India's current account deficit double of 2006: Moody'sMoody's has said that India's high current account deficit makes the country more vulnerable to volatility in global markets. Moody's, Atsi Sheth, BoP
India's current account deficit double of 2006: Moody'sMoody's has said that India's high current account deficit makes the country more vulnerable to volatility in global markets. Moody's, Atsi Sheth, BoP
Rupee down 14 paise against dollarThe rupee declined by 14 paise to Rs 54.36 per dollar in early trade on the Interbank Foreign Exchange market on Monday.
Sensex gains 32 points in early tradeThe BSE benchmark sensex gained over 32 points in early trade on Monday on selective buying by funds and retailers amid a mixed Asian trend.
Gold may get attractive on US recoveryAfter rising for several months, gold prices are likely to see a gradual decline in the short term on the back of strong global cues.
BPOs: taking on complexity to drive growthIn the coming fiscal, the sector is expected to grow faster than the IT sector.
India beats Belgium in rough diamond importSpeculative buying and the rising China threat have shot up the import of rough diamonds from India. In fact, Indian diamantaires imported more roughs than Belgium in 2012.
Rlys looks for ways to boost revenueThe railways is in a dilemma whether to raise passenger fares again as the last hike did not help the transporter improve its financial condition following an increase in diesel prices.
India to approve oil, gas projects in 30 days: SharmaAllaying fears of delay in clearances, India on Sunday promised foreign investors that it will approve oil and gas projects "in 30 days flat" as it invited Gulf businesses to take advantage of investment opportunities in the country.
India to approve oil, gas projects in 30 days: SharmaAllaying fears of delay in clearances, India on Sunday promised foreign investors that it will approve oil and gas projects "in 30 days flat" as it invited Gulf businesses to take advantage of investment opportunities in the country.
Nalco hikes aluminium prices by Rs 5,000 per tonneState-owned National Aluminium Company Ltd has increased prices of all its products by Rs 5,000 per tonne, a senior company official said on Sunday.
Nalco hikes aluminium prices by Rs 5,000 per tonneState-owned National Aluminium Company Ltd has increased prices of all its products by Rs 5,000 per tonne, a senior company official said on Sunday.
Need to revise deal wiith Jet: Etihad bossEtihad Airways needs to revise its deal to buy a stake in Jet Airways and it is too soon to say when a final agreement will be struck, the Abu Dhabi airline's chairman said today.
Need to revise deal wiith Jet: Etihad bossEtihad Airways needs to revise its deal to buy a stake in Jet Airways and it is too soon to say when a final agreement will be struck, the Abu Dhabi airline's chairman said today.
Etihad needs to revise Jet deal: ChairmanEtihad Airways needs to revise its deal to buy a stake in India's Jet Airways and it is too soon to say when a final agreement will be struck, the Abu Dhabi airline's chairman told Reuters on Sunday.
Etihad needs to revise Jet deal: ChairmanEtihad Airways needs to revise its deal to buy a stake in India's Jet Airways and it is too soon to say when a final agreement will be struck, the Abu Dhabi airline's chairman told Reuters on Sunday.
No comments:
Post a Comment