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Sensex at new peak, FII inflows hit Rs 1L crore in 2014

Jun-10-2014 | 0 Comments

Sensex at new peak, FII inflows hit Rs 1L crore in 2014 MUMBAI: The sensex and the nifty on Monday touched new all-time peaks buoyed by optimism over reforms-oriented decisions by the Modi government, which is attracting strong foreign fund flows. The sensex closed 184 points higher at 25,580 while the nifty was up 71 points at 7,655. This was the first time the n... Read Full Story »

Rupee down 3 paise against dollar

Apr-16-2014 | 0 Comments

Rupee down 3 paise against dollar MUMBAI: The rupee declined by three paise to 60.26 against the US currency in morning trade on persistent dollar demand from banks and importers on the back of higher dollar in the overseas market.

The rupee resumed lower at 60.30 per dollar as against the last closing level of 60.23 at the In... Read Full Story »

ITC Q3 net profit up 21%, beats forecast

Jan-18-2013 | 0 Comments

ITC Q3 net profit up 21%, beats forecast MUMBAI: India's biggest cigarette maker, ITC Ltd, beat estimates with a 21 percent rise in quarterly profit as cigarette volumes improved after four quarters of stagnant growth, aided by the launch of low-cost products during the quarter.

The company's net profit rose to 20.5 billion rupees ($3... Read Full Story »

Rupee up 6 paise vs dollar in late morning deals

Jan-11-2013 | 0 Comments

Rupee up 6 paise vs dollar in late morning deals MUMBAI: The rupee was trading up by 6 paise to 54.51 in late morning deals today on steady dollar selling by banks and exporters amid firm equities and weak US currency overseas.

Earlier, the rupee resumed sharply higher at 54.40 a dollar at the Interbank Foreign Exchange (Forex) Market.
Read Full Story »

Sensex up 176 points; Infosys surges 12%

Jan-11-2013 | 0 Comments

Sensex up 176 points; Infosys surges 12% MUMBAI: 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.

Besides, a firming trend in the global markets also buoyed the trading sentiment here.... Read Full Story »

Jet Airways shares jump on Etihad deal hopes

Dec-17-2012 | 0 Comments

Jet Airways shares jump on Etihad deal hopes MUMBAI: Shares of Jet Airways rose as much as 4.7 percent on Monday to a near two-year high, and were headed for a fifth straight session of gains, on growing expectations that Abu Dhabi's Etihad Airways will buy a stake in the carrier.

A newspaper reported on Monday, Etihad may decide as early... Read Full Story »

Sensex down by 33 points in early trade

Dec-17-2012 | 0 Comments

Sensex down by 33 points in early trade MUMBAI: The BSE benchmark Sensex declined by over 33 points in early trade on Monday as investors preferred to book profits ahead of the RBI's mid-quarter monetary policy review on Tuesday.
Besides, a mixed trend on Asian bourses also dampened the trading sentiments here.
The 30-share barometer,... Read Full Story »

India Inc to get 9-9.4% salary hike: Report

Dec-05-2012 | 0 Comments

India Inc to get 9-9.4% salary hike: Report MUMBAI: Chief executives and other senior executives across Indian companies are likely to get an average increment of 9% and 9.4% respectively in the coming year, a dip from the double-digit growth witnessed in previous years, said a report from consulting firm Hay group released on Tuesday.

... Read Full Story »

Rupee up 20 paise against dollar in early trade

Dec-05-2012 | 0 Comments

Rupee up 20 paise against dollar in early trade MUMBAI: The rupee on Wednesday rose by 20 paise to 54.48 against the dollar in early trade at the Interbank Foreign Exchange market on continued selling of the US currency by exporters and banks.

Besides, a higher opening in the domestic equity market and strengthening of euro, which hovered at... Read Full Story »

Spotlight on Indovation amid financial crisis

Dec-05-2012 | 0 Comments

Spotlight on Indovation amid financial crisis MUMBAI: Tata Nano cars, GE's portable ECG device, Pureit water filters and Micromax phones are just a few of the visible innovations from India as several more ideas have gained prominence globally. Even as major parts of the developed world grappled with a financial crisis during this period, Indian companie... Read Full Story »

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