Business

February 3, 2013 1:01 PM

Centre grants Maharatna status to BHEL

The Bharat Heavy Electricals Ltd has got the Maharatna status from the Central Government. This was announced in a press statement released by BHEL Communications and Public Relations Senior Deputy manager AV George at Tiruchirapalli in Tamil Nadu on Sunday. The Statement said, consistent high perfo...

February 1, 2013 4:57 PM

Sensex down 114 pts to close at 19,781

The Sensex at the Bombay Stock Exchange lost 114 points, or 0.6 percent, to close at 19,781, on profit-booking by investors, today. The Nifty at the National Stock Exchange fell 36 points, or 0.6 percent, to 5,999.But stock markets in Japan, China, Hong Kong, South Korea and Singapore ended largely ...

February 1, 2013 4:57 PM

Gold tumbles by Rs 225

Gold tumbled 225 rupees, to 30,820 rupees per ten grams at Delhi's bullion market today, on selling by stockists, triggered by a weak global trend. Silver dropped 230 rupees, to 58,750 per kilo.Oversaeas, gold fell 0.2 percent, to 1,660 dollars an ounce. Silver lost 0.2 per cent to 31.40 do...

February 1, 2013 3:36 PM

India,Mauritius sign MoUs to strengthen Textile sector collaboration

India and Mauritius have signed a number of MoUs to strengthen collaboration in textiles sector.The MoUs include one between Apparel Export Promotion Council and Enterprise Mauritius to establish cooperation in standards compliance and enhancing competitiveness of the apparel industry. An official r...

February 1, 2013 2:12 PM

Sensex drops 51pts in afternoon trade; Rupee weakens 7p to 53.29 against dollar

Erasing all its initial gains, the Sensex at the Bombay Stock Exchange declined 51 points, or 0.3 percent, to 19,844, in afternoon deals, a short while ago. Earlier in the morning, however, the Sensex had opened with a gain of 42 points, or 0.2 per cent, at 19,937, on modest buying by investors, ami...

February 1, 2013 1:04 PM

Sensex trading down 45 points in afternoon deals

The Sensex at the Bombay Stock Exchange was trading 45 points down at 19,850 points in afternoon deals today.It gained 42 points in early trade today, on buying in stocks of consumer durables, oil and gas and capital goods, amid a firming Asian trend. The 30-share barometer had lost 110 points in th...

February 1, 2013 11:56 AM

Sensex up by two points at 19,901 in late trade

The Sensex at the Bombay Stock Exchange was trading 6 points up at 19,901 points in late morning deals today.It gained 42 points in early trade today, on buying in stocks of consumer durables, oil and gas and capital goods, amid a firming Asian trend.The 30-share barometer had lost 110 points in the...

February 1, 2013 11:46 AM

Rupee declines by seven paise against dollar in late morning trade

The rupee declined by seven paise to 53.29 in late morning trade today on mild dollar demand from banks and importers despite weakness in the US currency overseas amid higher crude oil prices.The Indian rupee resumed lower at 53.25 per dollar as against yesterday's closing level of 53.22 at...

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