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August 10, 2012 9:51 AM
The Company Law Board, CLB has stopped auction of Telenor-controlled joint venture Uninor. CLB said it was a complete breach of shareholding agreement by the Norwegian telecom giant with its minority partner Unitech.Uninor had on Ist August invited potential bidders to express interest by August 6 t...
August 10, 2012 9:43 AM
The Reserve Bank has signed a memorandum of understanding (MoU) with the Central Bank of the Russian Federation. RBI in a statement said that the Reserve Bank of India and the Central Bank of theRussian Federation concluded a Memorandum of Understanding (MoU) to promote greater co-operation and shar...
August 9, 2012 8:55 PM
The Centre on Thursday moved the Supreme Court seeking an additional four-month extension of the court's August 31 deadline to complete the process of fresh auctioning of 2G spectrum licences.An application submitted to the apex court by the Ministry of Telecom said it needed time till Nove...
August 9, 2012 8:36 PM
A Parliamentary panel has recommended a thorough probe by independent scientists and environmentalists into the entire Bt Brinjal issue, from approval stage to imposition of moratorium on its commercial cultivation.It has also suggested expeditious evaluation of research reports on Bt Brinjal by a p...
August 9, 2012 5:34 PM
The Sensex at the Bombay Stock Exchange fell 40 points, or 0.2 percent, to close at 17, 561, on Thursday. The Nifty of the National Stock Exchange shed 15 points, or 0.3 percent, to 5,323.In other Asian markets, Japan, China, Hong Kong and South Korea gained between 0.6 percent and 2 percent.
August 9, 2012 5:34 PM
Gold gained 120 rupees, to 30,200 rupees per ten grams, at Delhi's bullion market on Thursday, on fresh buying by stockists and jewellers for the festive season amid a firm global trend. Silver rose 300 rupees to 53,800 rupees per kilo.Gold in London edged up 0.2 per cent to 1,615 dollars a...
August 9, 2012 2:15 PM
The Sensex at the Bombay Stock Exchange was trading 20 points higher at 17,621, in the afternoon trade, a short while ago. But, the Nifty of the National Stock Exchange shed 9 points, to 5,329.Stock markets in Japan, China, Hong Kong and South Korea were trading higher between 0.6 percent and 2 perc...
August 9, 2012 1:01 PM
The industrial production has declined by 1.8 per cent in June mainly due to poor show by manufacturing and capital goods sectors, reports news agencies.Industrial output in the April-June quarter too contracted by 0.1 per cent this fiscal, according to the official data released today.Growth in fac...
August 9, 2012 9:54 AM
The rupee today appreciated by 32 paise to 55.10 against the US dollar in early trade on the Interbank Foreign Exchange, as the American unit weakened against euro overseas.Forex dealers said dollar selling by exporters and a higher opening in the equity market also supported the rupee. The rupee ha...
August 9, 2012 9:49 AM
The BSE benchmark Sensex today recovered by nearly 99 points in early trade on fresh buying by funds and retailers ahead of industrial output data, amid a firming trend in other Asian bourses.The 30-share barometer, which shed 1.22 points yesterday, rose by 98.96 points, or 0.56 per cent, to 17,699....
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