Business

June 14, 2013 2:32 PM

Airbus rival to Boeing's Dreamliner set for maiden flight in France

The latest aircraft from European manufacturer Airbus will shortly carry out the maiden flight of its A350 aircraft. Six crew members will be onboard the plane when it takes off from the French city of Toulouse. Airbus says the A350 will set new standards in terms of efficiency and environmental per...

June 14, 2013 1:48 PM

Sensex makes hefty gains; up 296 points in afternoon trade <br/>

The Sensex at the Bombay Stock Exchange gained a hefty 296 points, or 1.6 percent, to stand at 19,123 in afternoon trade, a short while ago. Earlier in the morning, the Sensex had opened with a gain of 196 points, or 1 percent, to trade above the 19,000 level, at 19,023, on fresh buying by funds and...

June 14, 2013 12:53 PM

Sensex gains 261 points in afternoon trade

BSE Sensex firmed up by 261 points in afternoon trade on good buying inquiries mainly in realty, consumer durable, auto, refinery and capital goods sectors. The 30 share index snapped its three-day losing streak by rising 196 points in opening trade today, before quoting at 19081 points a short whil...

June 14, 2013 11:54 AM

Rupee up 18 paise at 57.80 against dollar

Trimming its early gains, the rupee was up by 18 paise to 57 rupees 80 paise against the dollar on selling of the US currency by banks and exporters in view of its lower value in overseas market. The rupee resumed higher at 57 rupees 75 paise per dollar as against the last closing level of 57 rupees...

June 14, 2013 11:52 AM

Sensex gains 230 points in late morning deals

The BSE Sensex gained 230 points to 19,057 in late morning deals today. Earlier, the Sensex snapped its three-day losing streak by rising 196 points to trade above the 19,000 level in opening trade today.In a similar manner, the National Stock Exchange Nifty was up by 74 points to 5,773 a short whil...

June 14, 2013 11:05 AM

Rupee strengthens by 35 paise to 57.63 vs dollar

The rupee today strengthened by 35 paise to 57.63 against the dollar in early trade on the Interbank Foreign Exchange market on the back of banks and exporters selling the US currency amid strong local equities. Forex dealers said, dollar&apos;s weakness against some Asian currencies also suppor...

June 14, 2013 10:50 AM

Rupee strengthens; up 35 paise at 57.63 vs dollar<br/>

The rupee today strengthened by 35 paise to 57.63 against the dollar in early trade on the Interbank Foreign Exchange market on the back of banks and exporters selling the US currency amid strong local equities. Forex dealers said, dollar&apos;s weakness against some Asian currencies also suppor...

June 14, 2013 10:48 AM

Sensex snaps losing streak; up 196 points in early trade

Snapping its three-session losing streak, the BSE benchmark Sensex rose by 196 points to trade above the 19,000 level in early trade today.The 30-share barometer rose by 196 points to 19,023 with stocks of realty, consumer durables, metal, capital goods, banking and sectors leading recovery. Buying ...

June 14, 2013 9:51 AM

France travel chaos: Rail strikes after protesting ATCs ground flights

France suffered another day of travel chaos on thursday as striking workers shut down more than half the country&apos;s rail-lines after an air traffic controllers&apos; strike grounded thousands of flights this week. Only about 40 per cent of trains were running on the high-speed TGV and re...

June 14, 2013 9:50 AM

Crude slips on dollar fall

Crude oil futures slipped to 103 dollars a barrel,thursday, as a subdued outlook for global demand outweighed disruptions on the supply side and the U.S. dollar falling to a near 4-month low against a basket of currencies. The World Bank cut its outlook for global growth, saying the economy should e...

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