Business

December 4, 2012 1:56 PM

Sensex down 13pts at 19,292 in noon trade

After gaining in the previous two sessions, the BSE Benchmark Sensex lost 13 points to 19,292.43 a short while ago. Earlier the Sensex fell by over 31 points in the opening trade today as investors preferred to adopt a cautious approach ahead of the vote on FDI inParliament and trimmed their positio...

December 4, 2012 1:19 PM

Crude falls in Asia on disappointing US manufacturing data

Crude prices fell in Asia today after data showed US manufacturing activity contracted last month. New York's main contract, light sweet crude for January delivery fell 18 cents to 88.91 dollar a barrel and Brent North Sea crude for January shed 14 cents to 110.78 dollar. On the energy mark...

December 4, 2012 12:56 PM

Sensex in the green; trading 31pts up at 19,337

The BSE benchmark Sensex was trading 31 points in green at 19,337 in afternoon trade a short while ago. Earlier, Sensex recovered by 23 points after showing initial losses in the late morning trade on the back of fresh buying mainly in realty, refinery, power and healthcare sectors in view of persis...

December 4, 2012 12:12 PM

Rupee still quoting 6paise lower at 54.83 against the dollar

The Indian rupee trimmed its earlier losses against the American currency, but was quoted still lower by 6 paise to 54.83 rupees per dollar on mild dollar demand from banks and importers despite weak dollar overseas. The rupee resumed slightly lower at 54.78 rupees per dollar as against the yesterda...

December 4, 2012 11:49 AM

Sahara Group seeks time from SC on investor refund

Sahara Group has sought more time from Supreme Court to make a statement on refunding 27,000 crore rupees to its investors.The apex court has deffered the hearing on Sahara Group's plea till tomorrow

December 4, 2012 11:48 AM

Sensex recovers; quoting at 19,328, up 23pts

The BSE benchmark Sensex recoveredby 23 points after showing initial losses in the late morning trade on the back of fresh buying mainly in realty, refinery, power and healthcare sectors in view of persistent capitalinflows from foreign funds despite weak Asian cues.The Sensex resumed lower at 19,27...

December 4, 2012 11:19 AM

FIPB clearance must for FI in existing domestic pharma companies

The government has decided to allow foreign investments in the existing domestic pharma companies only after clearance by the Foreign Investment Promotion Board (FIPB). The decision taken at a high-level meeting chaired by Prime Minister Manmohan Singh yesterday comes in the wake of mounting concern...

December 4, 2012 10:59 AM

Crude falls in Asia on disappointing US mfrg. data

Crude prices fell in Asia today after data showed US manufacturing activity contracted last month. New York's main contract, light sweet crude for January delivery fell 18 cents to 88.91 dollar a barrel and Brent North Sea crude for January shed 14 cents to 110.78 dollar. On the energy mark...

December 4, 2012 10:58 AM

Rupee falls 15 paise to 54.92 against dollar in early trade

The rupee fell by 15 paise to 54.92against the dollar in early trade today at the Interbank Foreign Exchange on increased demand for the American currencyfrom oil importers and some banks.Besides, euro's weakness against the US dollar overseas,a lower opening in the domestic equity market a...

December 4, 2012 10:58 AM

Sensex down 31pts at 19,274 in opening trade

The BSE benchmark Sensex fell by over31 points in the opening trade today as investors preferred to adopt a cautious approach ahead of the vote on FDI inParliament and trimmed their positions.The 30-share index, which had lost 34.58 points in the previous session, fell by 31.29 points, or 0.16 per c...

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