SEBI cautions investors against Sahara's pressure<br/><br/>

Securities and Exchange Board of India, SEBI has advised investors against yielding to any pressure from Sahara or their agents for switching over their investments in two companies -- Sahara India Real Estate Corp Ltd, SIRECL and Sahara Housing Investment Corp Ltd, SHICL-- to other group companies....

Cotton production in Gujarat likely to fall by 20 lakh bales

Cotton production in Gujarat is likely to reduce by 20 lakh bales due to delayed monsoon this year.This was disclosed by the President of Saurashtra Ginners Association, Bharatbhai Vala at Rajkot on Friday.He said that Cotton production in the state is expected to be 70 to 80 lakh bales as compared ...

Sensex closes 133 points down<br/>

Sensex down over 100 points in afternoon trade

The Sensex at the Bombay Stock Exchange fell 75 points, or 0.4 per cent, to 18,684 in opening trade, today, on profit-booking by investors, amid weakness in the other Asian bourses. Later, the Sensex lost further ground, and stood 124 points, or 0.7 per cent in the red, at 18,634 in afternoon trade,...

Sensex down by 116 points

The BSE benchmark Sensex was trading 116 points down at 18,643 a shortwhile ago. It fell by over 75 points in opening trade with stocks of oil and gas, IT and banking sectors succumbing to profit-booking. The 30-share index had gained 48.61 points on Thursday.Similarly, the wide-based National Stock...

Sensex sheds 75 points in early trade

The BSE benchmark Sensex today fell by over 75 points in opening trade . The 30-share index, which had gained 48.61 point on Thursday, fell by 75.07 points, or 0.40 per cent, to 18,684, with stocks of oil and gas, IT and banking sectors succumbing to profit-booking.Similarly, the wide-based National...

King of Spain invites Indian businessmen to invest in his country

The King of Spain Juan Carlos I has invited Indian businessmen to invest in his country. Addressing a lunch meeting with business leaders in Mumbai today, King Juan Carlos I said that although Spain has strong economic relations with India, there is certainly room for improvement and growth. He assu...

S K Sahai asks ITDC to set up budget hotels<br/>

Tourism Minister Subodh Kant Sahai has asked the India Tourism Development Corporation (ITDC), to explore the possibilities of setting up budget hotels in the country for the benefit of common tourists. He was speaking to reporters at a function in New Delhi . Mr. Sahai said that there is a need for...

Kingfisher employees end strike, resumes work<br/>

The deadlock between employees and management of Kingfisher Airlines was resolved on Thursday with the management agreeing to pay four months salary dues by December end to the striking employees who have agreed to resume work immediately.Kingfisher airline CEO Sanjay Aggarwal told this to reporters...

Prime Minister&apos;s key economic advisor C Rangarajan has lowered the growth projection for the current fiscal to 6 per cent from 6.7 per cent estimated earlier.Talking to a news agency in New Delhi on Thursday, Prime Minister&apos;s Economic Advisory Council (PMEAC) Chairman C Rangarajan ...