Business

January 4, 2013 12:52 PM

Rupee weakens by 33 paise to 54.83 paise against dollar

The rupee today weakened by 33 paise to 54 rupees 83 paise against the dollar in early trade due to increased demand for the US currency from importers amid firm global cues. The rupee had lost 15 paise to close at 54 rupees 50 paise against the US dollar yesterday.

January 4, 2013 12:46 PM

Sensex down 53 points in late morning trade

The Sensex at the Bombay Stock Exchange was down 53 points in late morning trade .The 30-share barometer, which fell by 43 points in its opening trade, moved down by 53 points to 19,712 when reports last came in.Similarly, the wide-based National Stock Exchange index Nifty, dipped below the 6,000-ma...

January 3, 2013 6:34 PM

Sensex up 51 pts to close at 19,765

Rising for the third straight session, the Sensex at the Bombay Stock Exchange gained 51 points, or 0.3 per cent, to 19,765, today. The Nifty at the National Stock Exchange rose 16 points, or 0.3 percent, to close above the psychologically important 6,000-level, at 6,010.Stock indices in Hong Kong, ...

January 3, 2013 6:29 PM

Etihad Airways likely to acquire 24% stakes in Jet Airways

The Abu Dhabi based Air Carrier, Etihad Airways is likely to acquire 24 per cent stakes in Jet Airways and the negotiations between the two sides are expected to sail through over the next 10 days. According to reports, the Etihad Airways seems set to inject a fresh capital around $ 280 million to $...

January 3, 2013 1:38 PM

US court dismisses claims against former directors of Satyam Computers

A US court has dismissed civil claims filed against former independent directors of Satyam Computer in a lawsuit over a one billion dollar accounting fraud.Hearing the petition, the US District Court Judge Barbara Jones of New York said there were insufficient allegations against the former independ...

January 3, 2013 1:37 PM

Sensex makes modest gains; up 27pts in noon trade

The Sensex at the Bombay Stock Exchange rose a modest 27 points, or 0.1 per cent, to 19,741 in early trade, today, on sustained buying by funds. Later, the Sensex trimmed some of its intital gains, to stand just 18 points in the green, at 19,732 in afternoon deals, a short while ago. The Sensex had ...

January 3, 2013 1:22 PM

Sensex trading 32pts up in noon trade

The BSE benchmark Sensex was trading 32 points up at 19,476 in afternoon trade today on sustained buying by funds amid a firm trend in the Asian region. Sensex rose for the third straight day by adding over 27 points to 19,741 in early trade this morning. The 30-share barometer had gained nearly 288...

January 3, 2013 12:13 PM

Sensex trading up 48 points at 19,762 in late morning deals

The BSE benchmark Sensex was trading 48 points up at 19,762 in late morning trade today on sustained buying by funds amid a firm trend in the Asian region. Sensex rose for the third straight day by adding over 27 points to 19,741 in early trade this morning. The 30-share barometer had gained nearly ...

January 3, 2013 12:04 PM

Rupee drops 13 paise to 54.48 against US dollar

The Indian rupee dropped by 13 paise to 54.48 against the American currency in the late morning trade on fresh dollar demand from banks and importers in viewof firm dollar overseas. The rupee resumed lower at 54.44 per dollar as against the last closing level of 54.35 per dollar at the Interbank For...

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