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Fetched: January 31st, 2008, 11:53pm EST
The rupee ended almost flat, largely ignoring a hefty US rate cut, as exporters sold dollars while outflows relating to a recent share offering largely checked gains.
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Fetched: January 31st, 2008, 11:53pm EST
HDFC, the leader in the home finance business, has decided to cut interest rates on floating rate home loans for all its existing customers by 25 basis points.
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Fetched: January 31st, 2008, 11:53pm EST
Real estate player with business interests in garment exports, Ritesh Properties and Industries Ltd has announced its entry into retail sector.
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Fetched: January 31st, 2008, 11:53pm EST
The bearish sentiment in the secondary market is taking its toll on the primary market in a major way.
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Fetched: January 31st, 2008, 11:53pm EST
Industry estimates peg HDFC's market share in the home loan market at about 35-37%.
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Fetched: January 31st, 2008, 11:53pm EST
The rupture of the international undersea cable has impacted the work-flow of IT and ITES firms. Several firms have reported bandwidth declines upto 50%.
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Fetched: January 31st, 2008, 11:53pm EST
There are fears that some manufacturers of oral progesterone - the hormone administered to support high-risk pregnancy - are promoting the drug as a "tonic" even for normal pregnancy.
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Fetched: January 31st, 2008, 11:53pm EST
Strong showing in the Indian market has powered profits of Japanese auto major Suzuki Motor Corp.
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Fetched: January 31st, 2008, 11:53pm EST
The government revised upwards the GDP growth rate for 2006-07 to 9.6% - the highest in 18 years - from 9.4% according to its previous estimate.
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Fetched: January 31st, 2008, 11:53pm EST
Internet communication links for millions across the world were disrupted after an anchoring ship off Egypt's Alexandria coast damaged two submarine cables Sea-Me-We-4 and Flag.
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Fetched: January 29th, 2008, 11:11pm EST
RBI has kept key rates unchanged but it has given a clear message to banks, asking them to move to a softer interest rate regime.
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Fetched: January 29th, 2008, 11:11pm EST
India Inc has made a brazen admission about being more open to office romances, if a survey has to be believed.
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Fetched: January 29th, 2008, 11:11pm EST
Maruti Suzuki reported a 24.1% rise in net profit for the quarter ending December 31, 2007, at Rs 467 crore against Rs 376.4 crore in the same period last financial year.
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Fetched: January 29th, 2008, 11:11pm EST
Asia's largest software services firm and India's largest private sector employer Tata Consultancy Services is cutting salary packages of its employees.
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Fetched: January 29th, 2008, 11:11pm EST
Banking and realty stocks bore the brunt of the Reserve Bank's decision to keep its key interest rates unchanged.
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Fetched: January 29th, 2008, 11:11pm EST
The Reserve Bank of India didn't do a US Fed, as was widely expected. The banking regulator has left its key policy rates untouched in its policy review.
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Fetched: January 29th, 2008, 11:11pm EST
India's BPO industry could grow five-fold to be worth $50 billion in the next five years, says a Nasscom study.
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Fetched: January 29th, 2008, 11:11pm EST
Surat and Ahmedabad are the first and third fastest growing city regions in the country in terms of economic prosperity, says a study.
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Fetched: January 29th, 2008, 11:11pm EST
In a bid to keep inflation under control the Reserve Bank of India (RBI) left its key interest rates unchanged in its credit policy review.
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Fetched: January 29th, 2008, 11:11pm EST
A decision by India's central bank to leave interest rates unchanged at a review marked a "standstill" policy that could change later to meet global developments, the finance minister said.
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Fetched: January 27th, 2008, 8:36pm EST
According to market veterans, investors who are not accustomed to the vagaries of the market should stay away from all derivatives trading for now and return only when volatility comes down.
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Fetched: January 27th, 2008, 2:57pm EST
Analysis reveals that the telecom ministry has committed more spectrum than it holds, which has severe implications both for government and industry, particularly new applicants.
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Fetched: January 27th, 2008, 2:57pm EST
In a letter to Trai, government has asked the telecom regulator not to comment on sub-judice matters like spectrum allocation.
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Fetched: January 27th, 2008, 2:57pm EST
The Tata group plans to buy a stake in a high-tech unit of Germany's Deutsche Telekom which would see thousands of jobs moving to India.
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Fetched: January 27th, 2008, 2:57pm EST
The government is set to amend Foreign Trade Act to check inflow of items which can hit domestic firms.
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Fetched: January 27th, 2008, 2:57pm EST
Investors who had become used to a gravity-defying stockmarket are still wondering whether there's more turbulence ahead.
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Fetched: January 27th, 2008, 2:57pm EST
After tasting success with Chinese, Indian and Bengali cuisine, Anjan Chatterjee-promoted Speciality Restaurants is keen to serve Italian, Continental and Mediterranean dishes in Indian cities.
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Fetched: January 27th, 2008, 2:57pm EST
When the US economy goes slow, world markets go into a tailspin. Last week's chaos on the bourses was a pointer. Should India Inc be worried?
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Fetched: January 27th, 2008, 2:57pm EST
As Harley Davidson gears up to launch its bikes in India, another iconic brand - UK's Triumph - is finalising plan to burn its rubber on the Indian roads.
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Fetched: January 27th, 2008, 2:57pm EST
The latest approval for SBI's new branch from the US Federal Reserve has come close on the heels of ICICI Bank getting an approval for its first ever branch in the US.
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Fetched: January 27th, 2008, 2:57pm EST
India's Northeast, so far clouded by insurgency, is bracing for an economic and employment boom with some of the country's top IT and BPO companies making a foray into the region.
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Fetched: January 25th, 2008, 3:43pm EST
There were no new trading terminals activated on account of the bank employees strike, so volumes were substantially lower, making it easier to move the market on buying in few stocks.
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Fetched: January 25th, 2008, 3:43pm EST
L N Mittal on Friday allayed fears of a job loss as his company Arcelor Mittal’s planned to shut down its Gandrange plant in eastern France.
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Fetched: January 25th, 2008, 3:43pm EST
The sensex has made a strong recovery. But mid-and-small-cap stocks are still struggling to reach the levels they were at during last weekend.
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Fetched: January 25th, 2008, 3:43pm EST
What a week it was. Undoubtedly the most volatile in the market's history.
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Fetched: January 25th, 2008, 3:43pm EST
It may be breathing down the neck of General Motors' for the position of world's top slot, but In India Toyota is still a small player.
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Fetched: January 25th, 2008, 3:43pm EST
PM Manmohan Singh on Friday asked the US to take steps to check the subprime crisis, which was having an impact on the global economy.
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Fetched: January 25th, 2008, 3:43pm EST
Though mutual funds have seen a dip in the net asset value (NAVs) in the last one week due to turmoil in the market, experts said investors should not panic and take a short-term view.
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Fetched: January 25th, 2008, 3:43pm EST
The UB group's beer business is likely to see a change in ownership.
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Fetched: January 25th, 2008, 3:43pm EST
It was a sort of thriller week for investors, as the sensex seemed to lose all sense of logic and direction.
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Fetched: January 25th, 2008, 12:11pm EST
The rupee appreciated for a second day in a row on Friday to end at 39.3650/3700, up by nine paise over its previous close, against the US dollar.
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Fetched: January 25th, 2008, 12:11pm EST
Seven promoters of Anil Ambani group's Reliance Energy, including the billionaire businessman himself, have raised their stake in the company by 2.37 per cent to 35.66 per cent.
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Fetched: January 25th, 2008, 12:11pm EST
Markets ended strong as bulls were back in action on Friday after a day's pause following a rally across global markets.
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Fetched: January 25th, 2008, 12:11pm EST
The merger of SBI's seven associate banks with itself was the main trigger for Friday's strike. The union also plans to go on strike on February 25 and 26 if its demands are not met.
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Fetched: January 25th, 2008, 12:11pm EST
State-run MMTC, the country's leading international trading company has invited global bids for import of 30,000 tonnes low ash metallurgical coke.
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Fetched: January 25th, 2008, 12:11pm EST
Indices were firm as the rally in Asian markets cheered investors and a gap-up opening in Europe further boosted sentiment.
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Fetched: January 25th, 2008, 12:11pm EST
In Video: Sensex makes a strong comeback
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Fetched: January 25th, 2008, 12:11pm EST
Inflation rose to 3.83 per cent for the week ended January 12, against 3.79 per cent in the previous week mainly due to rise in prices of manufactured items and some food articles.
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Fetched: January 25th, 2008, 12:11pm EST
Equities gained more ground as investor optimism increased looking at the advances in global markets.
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Fetched: January 25th, 2008, 12:11pm EST
The rupee may edge up tracking gains in Asian currencies, but traders may wait to see if foreigners extend a six-day run of stock selling before making any aggressive moves.
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Fetched: January 22nd, 2008, 2:01am EST
The market recovered some of its initial losses after reopening trade at 10:55 am. Real Estate, power and energy stocks still posted losses over 10 per cent.
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Fetched: January 22nd, 2008, 2:01am EST
This loss of Rs 6,54,887.85 crore comes on top of over Rs 11 trillion loss suffered by investors on the Dalal Street in the last six days.
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Fetched: January 22nd, 2008, 2:01am EST
Finance Minister Palaniappan Chidambaram said that investors should stay calm in the face of sharp stock market falls as the fundamentals of the economy are strong.
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Fetched: January 22nd, 2008, 2:01am EST
Equities plummeted at the open pulling the benchmarks down over 10 per cent to break the lower circuit. The market will be shut for 1 hour and will open at 10:55 am.
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Fetched: January 22nd, 2008, 12:23am EST
Leading brokers and mutual fund managers say a good investor should be looking for stocks to buy, now that share prices have fallen substantially in the last few days.
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Fetched: January 22nd, 2008, 12:23am EST
Till Monday, the steepest fall in the history of the Sensex had been 826 points. A fall of over 2,000 points in the space of five hours was like the forces of gravity going into devilish overdrive.
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Fetched: January 22nd, 2008, 12:23am EST
The railways are in the process of redesigning sleeper and AC-3 coaches which will have separate cabin boxes to keep luggage on top like aircraft.
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Fetched: January 22nd, 2008, 12:23am EST
Indian railways is likely to benefit from the experience of its Chinese counterpart in many ways.
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Fetched: January 22nd, 2008, 12:23am EST
IndianOil Corp and Hindustan Unilever Ltd (HUL) signed an MoU for setting up Kwality Walls Kiosks at select IndianOil petrol stations across the country.
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Fetched: January 22nd, 2008, 12:23am EST
Market players say for any upturn from the current levels, there will need to be significant buying by foreign investors or domestic institutions, which could be a few weeks away.
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Fetched: January 22nd, 2008, 12:23am EST
Satyam Computer Services has entered into a definitive agreement to acquire the Chicago-based management consulting firm Bridge Strategy Group.
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Fetched: January 22nd, 2008, 12:23am EST
The NYSE-listed Satyam Computer Services has recorded 433.63 crore profit for the quarter ended December 2007.
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Fetched: January 22nd, 2008, 12:23am EST
The bustling Ahmedabad grey market reacted with shock to the widespread bloodbath in the stock markets on Monday.
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Fetched: January 22nd, 2008, 12:23am EST
The steepest ever fall in senses on Monday has made many stocks attractive in the market.
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Fetched: January 21st, 2008, 5:28am EST
The blood-letting was far from over as selling pressure intensified, pulling the Sensex down over 1600 pts.
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Fetched: January 21st, 2008, 5:28am EST
Selling pressure intensified pulling the Sensex down over 2000 points, making India the worst performing markets in the Asian region.
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Fetched: January 21st, 2008, 5:28am EST
Unwinding of long positions in large volumes, possibly by large operators on account of global uncertainties, was the main cause for the crash.
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Fetched: January 21st, 2008, 5:28am EST
British PM Gordon Brown asked the World Bank, IMF and the rich nations' G-8 club to revamp their structure to reflect India's rising prowess in the global economy.
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Fetched: January 21st, 2008, 5:28am EST
Selling pressure intensified pulling the Sensex down over 1400 points, making India the worst performing markets in the Asian region.
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Fetched: January 21st, 2008, 5:28am EST
Trade Minister Kamal Nath said that high global food prices posed a challenge to economies around the world, and nations needed to work together to tackle the problem.
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Fetched: January 21st, 2008, 5:28am EST
IT major Satyam Computer Services Ltd posted an increase of 28.58 per cent in its net profit at Rs 433.63 crore for the third quarter ended December 31, 2007.
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Fetched: January 21st, 2008, 5:28am EST
Vodafones CEO Arun Sarin also announced that the company would be launching a range of new services in India, but he declined to elaborate on these new offerings.
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Fetched: January 21st, 2008, 5:28am EST
As per the Reserve Bank data, the country's overseas sales of textile, apparel and handicrafts have declined during the first five months of this financial year.
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Fetched: January 21st, 2008, 5:28am EST
Pharmaceutical and biotechnology major Wockhardt is considering a proposal to demerge its research & development business into a separate entity.
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Fetched: January 17th, 2008, 1:54am EST
Trai had set up the National-Do-Not-Call (NDNC) Registry in October last year. So far, 75 lakh phone users have registered for NDNC.
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Fetched: January 17th, 2008, 1:54am EST
The TRAI has proposed to revise the penalty on registered telemarketers to Rs 500 for the first unsolicited call and Rs 1,000 for second or any subsequent call.
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Fetched: January 17th, 2008, 1:54am EST
C Rangarajan, the head of Indian Prime Minister Manmohan Singh’s Economic Advisory Council, asked for a reduction in some indirect taxes in the budget for next year.
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Fetched: January 17th, 2008, 1:54am EST
While the Indian outsourcing industry is coping with sub-prime crisis and an escalating rupee, Infosys BPO is chalking out new ways to stay ahead.
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Fetched: January 17th, 2008, 1:54am EST
Wadias-promoted GoAir has been approached by various private equity players for acquisition of a minority stake.
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Fetched: January 17th, 2008, 1:54am EST
The second day of the Reliance Power IPO saw a huge rush of retail investors committing funds to the mega-issue.
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Fetched: January 17th, 2008, 1:54am EST
It seems the infotech sector is managing the impact of rising rupee well.
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Fetched: January 17th, 2008, 1:54am EST
State-owned Container Corporation of India (Concor) has lashed out at competition.
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Fetched: January 17th, 2008, 1:54am EST
Over the last one year, Reliance Entertainment, a company promoted by the Anil Dhirubhai Ambani Group, has acquired 250 cinema houses in the US.
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Fetched: January 17th, 2008, 1:54am EST
Trai has warned the telecom ministry of cherry picking parts of its recommendations, which it says is "unfair and misleading".
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Fetched: January 17th, 2008, 1:54am EST
State-owned Container Corporation of India (Concor) has lashed out at competition.
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Fetched: January 16th, 2008, 3:39am EST
In Video: Vodafone cuts call charges
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Fetched: January 16th, 2008, 3:39am EST
The stock markets have tumbled further during morning trading on sustained selling, triggered by investors appetite for the Reliance Power IPO.
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Fetched: January 16th, 2008, 3:39am EST
The rupee eased as weaker Asian stock markets and concerns about a US recession stoked concerns that overseas funds may cut holdings in local assets.
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Fetched: January 16th, 2008, 3:39am EST
The BSE-30 index, which had lost over 477 points in previous day trade, fell further by 346.52 points to 19,904.57 in the first five minutes.
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Fetched: January 16th, 2008, 3:39am EST
when bidding closed for Day 1, investors had committed Rs 1.09 lakh crore to Reliance Power - roughly $25 billion.
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Fetched: January 16th, 2008, 3:39am EST
Reliance Money has latched on to a marketing innovation by roping in the Six Sigma perfected dabbawalas to get an edge in their run-up to the Reliance Power IPO.
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Fetched: January 16th, 2008, 3:39am EST
While the cheapest notebook begins at around Rs 20,000, HCL's new laptop breaks the price barrier and makes it easy for the average man to own a laptop.
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Fetched: January 16th, 2008, 3:39am EST
Vedanta, which is the holding company of Sterlite Industries, has proposed to form a company - Sterlite Iron and Steel Company - for the project.
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Fetched: January 16th, 2008, 3:39am EST
Following Renault and Nissan's its pull-out from the project, the new SUV would now be manufactured at Mahindra's plant in Maharashtra.
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Fetched: January 16th, 2008, 3:39am EST
If the stock eventually lists on the exchanges at this price, and all other things remain the same, there is a good chance that Anil Ambani will finally overtake older brother Mukesh as the richest Indian.
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Fetched: January 14th, 2008, 10:10pm EST
Nineteen percent of Delhi's total urban area has been earmarked for greens and recreational purposes, of which DDA has the largest role to play with over 4,587 hectare.
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Fetched: January 14th, 2008, 10:10pm EST
State-owned power equipment manufacturer Bhel is poised to meet accelerating demand from new power projects.
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Fetched: January 14th, 2008, 10:10pm EST
The reason for the low discount on the rights share of SBI is that the bank wants more to raise funds than reward existing shareholders.
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Fetched: January 14th, 2008, 10:10pm EST
Mukesh Ambani-controlled Reliance Industries Ltd has come across gas in an exploration acreage off the Andhra coast.
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Fetched: January 14th, 2008, 10:10pm EST
Sports-utility vehicles, once confined to the off-roaders club, are gradually making in-roads into the Indian pysche and look set to bulldoze, quite literally, a new path for themselves.
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Fetched: January 14th, 2008, 10:10pm EST
Czech carmaker Skoda makes an attempt at the volume-laden compact car segment in India with the launch of the 'Fabia' that it hopes will help it get a foothold in the mass market.
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Fetched: January 14th, 2008, 10:10pm EST
Carmaker Ford India today said it was looking at multiple platforms, including its existing models in Europe, to foray into Indian small car market.
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Fetched: January 14th, 2008, 10:10pm EST
Hero Ultra, the joint venture between the Hero Group and the UK-based Ultra Motor Co, will invest close to Rs 50 crore in capacity expansion at its facility in Ludhiana.
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Fetched: January 14th, 2008, 10:10pm EST
The State Bank of India board has decided that the country's largest state-owned bank will raise Rs 16,736 crore through a rights issue.
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Fetched: January 14th, 2008, 10:10pm EST
Government may sell $10 billion stake in telecom firm BSNL.
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Fetched: January 14th, 2008, 12:33pm EST
ICICI Prudential Asset Management Company has announced two new schemes, including the country's first equity-linked fixed maturity plan.
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Fetched: January 14th, 2008, 12:33pm EST
The rupee ended marginally better at 39.28/29 against the greenback in anticipation of strong capital inflows through IPO route.
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Fetched: January 14th, 2008, 12:33pm EST
Mahindra & Mahindra said it has launched its Sports Utility Vehicle Scorpio in Egypt in association with Bavarian Auto Group.
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Fetched: January 14th, 2008, 12:33pm EST
India will begin construction on strategic crude oil storages this year as insurance against disruptions during wars and other emergencies.
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Fetched: January 14th, 2008, 12:33pm EST
Sensex ended at a provisional 20,701.38, down 0.61 per cent or 126 points. The index swung between a range of 20,985.62 and 20,661.90.
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Fetched: January 14th, 2008, 12:33pm EST
In Video: Jet keen to start China flights
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Fetched: January 14th, 2008, 12:33pm EST
Key indices remained choppy, but were confined to a narrow range. Oil & gas, real estate and banking shares posted gains, while technology shares under performed.
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Fetched: January 14th, 2008, 12:33pm EST
On January 17, Group of Ministers will meet under the chairmanship of Pranab Mukherjee in Delhi and take a decision on fuel price hike, Petroleum Minister Murli Deora said.
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Fetched: January 14th, 2008, 12:33pm EST
CPI leader Gurudas Dasgupta has asked the government to reduce the tax burden on petroleum products and clubbed their consumption in the country.
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Fetched: January 14th, 2008, 12:33pm EST
Chairman of Ford, Europe said in an interview that the likely sale of the two brands to Tata was in the best interest of the brands and their employees.
