Business

January 7, 2014 12:14 PM

Assam govt seeks 15 additional companies from Centre to deploy in Karbi Anglong

The Assam government has sought 15 additional companies from the Centre to deploy in violence hit Karbi Anglong district. Official sources in Guwahati said that additional forces are likely to depute at sensitive areas to maintain law and order situation. State PWD will undertake repairing works of ...

January 7, 2014 12:14 PM

Sensex falls 90 points in noon trade

Erasing initial gains, the Sensex at the Bombay Stock Exchange was trading 90 points in the negative territory to 20,697 in late morning trade, when reports last came in. The 30-share barometer, which lost 390 points in the previous four sessions, had recovered by 75 in opening trade today.The Nifty...

January 7, 2014 11:57 AM

Rupee drops 11 paise to 62.42 vs dollar

The rupee dropped 11 paise to 62.42 against the dollar today on demand for the US currency from banks and importers amid subdued local stocks.The rupee resumed lower than the previous close of 62.31 at the interbank foreign exchangemarket.In New York, the dollar fell against other majorcurrencies ye...

January 7, 2014 11:46 AM

Rupee falls by 5 paise to 62.36 vs dollar

The rupee fell by 5 paise to 62.36 per dollar in morning trade today at the Interbank Foreign Exchange market on increased demand for the US currency from oil importers. Increased demand from oil importers for the American currency also influenced the rupee, but a higher opening in the stock market ...

January 7, 2014 11:46 AM

Sensex gains nearly 76 points in morning trade

The benchmark BSE Sensex today recovered nearly 76 points in early trade, poised to snap its four-day losing streak, on emergence of buying by funds at existing lower levels.The 30-share barometer, which had lost 390 points in the previous four sessions, recovered by 75.73, or 0.36 per cent to 20,86...

January 6, 2014 8:44 PM

NSEL scam: Mumbai police EOW files 9,800-page chargesheet

The Economic Offences Wing - EOW of the Mumbai Police today filed a 9,800- page chargesheet in the National Spot Exchange Ltd (NSEL) scam. The chargesheet has been filed against the five arrested accused in the Rs 5,600 crore. The Mumbai Police has invoked Maharashtra Protection of Interest of Depos...

January 6, 2014 8:35 PM

RBI allows Indian companies to issue non-convertible debentures

RBI has allowed Indian companies to issue non-convertible or redeemable preference shares or debentures to non-resident shareholders as bonus. In a notification issued from Mumbai today, RBI has said that the facility will also encompass the depositories that act as trustees for the American Deposit...

January 6, 2014 8:03 PM

Brent crude oil futures cross USD 107 per barrel

Brent crude oil futures rose more than one dollar, to cross 107 dollars a barrel, today, rebounding after its biggest weekly fall in six months on news of the restart of a key Libyan oilfield. Crude supply from Libya is set to more than double after production at the El Sharara field resumed over th...

January 6, 2014 7:35 PM

Rupee closes at 5-week low of 62.31 against dollar

At the interbank foreign exchange market, the rupee fell 15 paise, to close at a five-week low of 62.31 against the dollar, today. The rupee fell amid weak local stocks, and importer demand for the US currency.

January 6, 2014 4:59 PM

Sensex dips 64 points on weak cues; Closes at 20,787

Falling for the fourth straight session, the Sensex at the Bombay Stock Exchange declined 64 points, or 0.3 percent, to close at 20,787, amid weak regional markets, today. The Sensex has now lost over 380 points in four trading sessions. The Nifty at the National Stock Exchange fell 20 points, or 0....

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