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September 27, 2013 6:30 PM
The Sensex at the Bombay Stock Exchange declined 167 points, to close at a 3-week low of 19,727, today, on concerns about further interest rate hikes. The Nifty at the National Stock Exchange fell 49 points, to 5,833.
September 27, 2013 2:48 PM
The Egyptian Iron and Steel Company has signed a contract with UK-based Tata Steel Consulting, a subsidiary of Tata Steel, to boost its production levels. In a statement, the Egyptian Iron and Steel Company said that Tata Steel will provide a plan to increase production potential to reach 1.2 millio...
September 27, 2013 1:42 PM
Giving up all its initial gains, the Sensex at the Bombay Stock Exchange had lost 98 points, or 0.5 percent, to stand at 19,796 in afternoon trade, a short while ago. But earlier in the morning, the Sensex had gained 88 points, or 0.4 per cent, to 19,982, on renewed buying by investors. Stock market...
September 27, 2013 12:59 PM
The rupee strengthened by 24 paise to 61.83 against the American currency in the late morning trade on persistent selling of dollars by banks and exporters. Sustained capital inflows from foreign funds into equity market also boosted the rupee sentiment. The rupee had resumed higher at 61.90 per dol...
September 27, 2013 12:32 PM
Erasing some of its initial gains, the BSE benchmark Sensex was down by 53 points, to 19,840 in late morning deals today. Earlier, it gained 88 points in early trade. The wide-based National Stock Exchange index Nifty lost 10 points to trade higher at 5,871.
September 27, 2013 11:41 AM
In a relief to cable subscribers in 38 cities across the country, broadcast regulator TRAI has extended the deadline for collection of Consumer Application Forms, CAF by Multi System Operators, MSOs to the 15th of November from the previous deadline of the 20th of September. The TRAI felt there is c...
September 27, 2013 11:40 AM
The General Anti Avoidance Rules, GAAR, which seeks to check tax avoidance by investors routing their funds through tax havens, will come into effect from April 1, 2016. A government notification said, the GAAR will apply to entities availing tax benefit of at least 3 crore rupees. It will apply to ...
September 27, 2013 10:25 AM
The BSE benchmark Sensex rose by 88 points to trade at 19,982 in early trade today on the back of increased buying by participants amid a mixed trend on other Asian bourses. The wide-based National Stock Exchange index Nifty rose 23 points to trade higher at 5,906. In Asia, Hong Kong's Hang...
September 27, 2013 10:12 AM
Rupee strengthened by 21 paise to 61.86 against the dollar in early trade today at the Interbank Foreign Exchange market on increased selling of the US currency by banks. Forex dealers said, besides selling of the American currency by banks and exporters, easing of norms by Reserve Bank for providin...
September 26, 2013 8:27 PM
Finance Minister P Chidambaram today said CBI, the Ministry of Corporate Affairs and the Forward Markets Commission will take action against the National Spot Exchange Ltd (NSEL), which was an unregulated entity and violated norms from day one. The panel headed by Economic Affairs Secretary Arvind M...
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