Business

October 23, 2012 9:40 AM

Sensex marginally up in opening trade

The BSE benchmark Sensex rose marginally by 10 points in the opening trade in on selective buying by funds and retailers.The 30-share barometer, which had gained 111.13 points in the previous session, rose by 10.41 points, or 0.05 per cent, to 18,804.Similarly, the wide-based National Stock Exchange...

October 23, 2012 8:22 AM

SEBI seeks special courts for speedy trials in market frauds<br/>

Worried over delays in prosecution of those found to be involved in frauds and other offences, Securities and Exchange Board of India SEBI has asked the government to set up special courts to fast-track the process of bringing the guilty to book.SEBI Chairman U K Sinha told this to reporters in Mumb...

October 22, 2012 8:57 PM

RBI may treat part of SLR as liquidity under Basel III

RBI Deputy Governor Anand Sinha on Monday said the central bank is looking at a move under which a part of banks&apos; statutory liquidity ratio (SLR) holdings can be treated in a way that it complies with liquidity norms under the Basel III capital requirements. Sinha said this at an event orga...

October 22, 2012 8:15 PM

Sensex gains 111 points to close at 18,793

Rebounding from initial losses, the Sensex at the Bombay Stock Exchange closed with a gain of 111 points, or 0.6 percent, at 18,793, as investors were enthused by some strong corporate earnings, and largely positive European markets, on Monday. The Nifty at the National Stock Exchange rose 33 points...

October 22, 2012 6:44 PM

TRAI allows service providers to offer Combo vouchers

Telecom regulator, TRAI on Monday allowed operators to provide new kind of recharge coupons for pre-paid connections that will provide dual benefit to consumers. The new Combo vouchers will enable mobile phone subscribers to add monetary value to their prepaid balance, as well as get benefit of spec...

October 22, 2012 5:40 PM

Sensex up by 111 points

Rebounding from initial losses, the Sensex at the Bombay Stock Exchange closed with a gain of 111 points, or 0.6 percent, at 18,793, as investors were enthused by some strong corporate earnings, and largely positive European markets, on Monday. The Nifty at the National Stock Exchange rose 33 points...

October 22, 2012 1:29 PM

Sensex gains 83 pts in noon trade

Recovering from early losses, the Sensex at the Bombay Stock Exchange stood 83 points, or 0.5 per cent in positive territory, at 18,765 in afternoon trade, a short while ago. Earlier in the morning, however, the Sensex had opened 81 points, or 0.4 per cent in the red, at 18,601, on profit-booking by...

October 22, 2012 1:06 PM

Rupee up 9 paise against dollar

The rupee today appreciated by 9 paise to 53.75 against the US dollar in early trade at the Interbank Foreign Exchange on selling of the American currency by exporters and banks. Besides, a lower opening in the equity market and strengthening of the euro against the dollar overseas also supported th...

October 22, 2012 12:51 PM

Japan posts worst Sept trade figures in over three decades

Japan has posted its worst September trade figures in more than three decades, with the global slowdown and a territorial dispute with China biting into overseas shipments. Japan and China are at loggerheads over a group of uninhabited islands in the East China Sea which are controlled by Tokyo.Sinc...

October 22, 2012 11:59 AM

Sensex gains 97 pts in noon trade

The BSE benchmark Sensex gains 97 points to 18,779.96 in noon trade today. Earlier Sensex fell by over 81.43 points in the opening trade on emergence of profit-booking at higher levels amid weakening Asian trend.Similarly, the wide-based National Stock Exchange Nifty Index 24 points up, or 0.43 per ...

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