Business

November 4, 2012 9:33 AM

Indian business delegation visiting Egypt to explore business opportunities

An Indian business delegation is visiting Egypt to explore business opportunities in the country and to enhance bilateral economic ties. The 11-member delegation from Confederation of Indian Industry, CII will hold a meeting with Egyptian Business Development Association and will also call on the Mi...

November 3, 2012 1:32 PM

Govt to procure 9 mn bales cotton to arrest price fall

In the wake of falling domestic prices, the government has said it will procure nine million bales of cotton this year to protect the interests of growers. Commerce and Textiles Minister Anand Sharma and Agriculture Minister Sharad Pawar discussed about early commencement of government's co...

November 2, 2012 4:55 PM

Sensex surges 194 pts to close at 18,755

Rising for the third straight session, the Sensex at the Bombay Stock Exchange surged 194 points, or 1 percent, to close at an over one-week high of 18,755, amid firm Asian markets, today. The Nifty at the National Stock Exchange jumped 53 points, or 0.9 percent, to 5,698.Key stock markets in Japan,...

November 2, 2012 4:39 PM

Ashishkumar Chauhan is MD & Chief Executive of BSE

Ashishkumar Chauhan appointed as the Managing Director and Chief Executive of Bombay Stock Exchange (BSE) today.The BSE statement released today said that market regulator Security Exchange Board of India (SEBI) has approved Chauhan's appointment.Chauhan joined the BSE as Deputy CEO in 2009...

November 2, 2012 3:02 PM

Australia recognises ASEAN's centrality in the region

Australia will elevate its engagement with the Association of Southeast Asian Nations, ASEAN, and seek to more closely align its foreign policy with that of the bloc. In an interview with the Australian Financial Review Foreign Minister Bob Carr said today Australia, which last weekend released a co...

November 2, 2012 3:01 PM

Scientists from India and Switzerland develope bio-fertilizer product

A group of scientists from India and Switzerland have developed a bio-fertilizer product that can enhance productivity and nutrition of agricultural crops. The product made from a combination of micro organisms can increase yield of wheat, rice and pulses by up to 30 per cent and improve nutrient in...

November 2, 2012 2:07 PM

BSE Sensex surges more than 200 points in afternoon trade

Building on early gains, the Sensex at the Bombay Stock Exchange stood 220 points, or 1.2 per cent in the green, at 18,782 in afternoon deals, a short while ago. Earlier in the morning, the Sensex had opened a good 161 points, or 0.9 per cent in positive territory, at 18,722, on sustained buying by ...

November 2, 2012 1:45 PM

Center stresses need to develop strong power transmission system

The Center has stressed the need to develop strong power transmission system between power house and bulk consumption centres to meet the growing requirement of electricity in the country. Joint Secretary in the Ministry of Heavy Industries and Public Enterprises, Ambuj Sharma said this while addres...

November 2, 2012 1:05 PM

BSE Sensex trading 221 points in positive at 18,783 a short while ago

The BSE benchmark index Sensex was trading 221 points up at 18,783 a short while ago. It gained nearly 161 points in early trade on sustained buying by funds and retailers amid a firming trend in the Asian region. The 30-share barometer had gained over 130 points in the previous two sessions.The wid...

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