Business

February 28, 2012 9:03 AM

Loan agreements with ADB to aid MP,Guj, Assam projects

The government has signed three loan agreements amounting to 350 million US dollars with multilateral funding agency Asian Development Bank, ADB. A memorandum of Understanding was signed between Ministry of Finance and ADB in New Delhi yesterday. Under the first loan agreement, a 200 million US doll...

February 27, 2012 9:05 PM

Sensex drops 478 points to close at 17,446

Falling for the fourth straight session, the Sensex at the Bombay Stock Exchange plunged 478 points, or 2.7 percent, to 17,446, on Monday, on sustained profit-booking, and as falling global markets, and rising crude oil prices hurt investor sentiment. The 30-share Sensex had lost more than 500 point...

February 27, 2012 7:01 PM

Sensex plunges 478 points to close at 17,446

Falling for the fourth straight session, the Sensex at the Bombay Stock Exchange plunged 478 points, or 2.7 percent, to 17,446, on Monday, on sustained profit-booking, and as falling global markets, and rising crude oil prices hurt investor sentiment. The 30-share Sensex had lost more than 500 point...

February 27, 2012 5:28 PM

Sensex plunges by 478 points

Falling for the fourth straight session, the Sensex at the Bombay Stock Exchange plunged 478 points, or 2.7 percent, to 17,446, on Monday, on sustained profit-booking, and as falling global markets, and rising crude oil prices hurt investor sentiment. The 30-share Sensex had lost more than 500 point...

February 27, 2012 2:16 PM

Corporate India expect to see 9.4 percent rise in net profits

Corporate India is expected to see a 9.4 percent rise in net profits in fourth quarter of the current financial year, after suffering a steep fall for two consecutive quarters, Centre for Monitoring Indian Economy (CMIE) said in its monthly review.Indian corporates incurred huge forex losses in the ...

February 27, 2012 2:11 PM

Sensex loses about 70 points in afternoon trade

The Sensex at the Bombay Stock Exchange fell 70 points, or 0.4 per cent, to 17,853 in early trade, this morning, on continued profit-booking by investors, and largely weak Asian stock markets. Later, selling pressure intensified considerably, and the Sensex had lost a hefty 384 points, or 2.1 percen...

February 27, 2012 2:03 PM

Sensex loses about 300 points in afternoon trade

Maintaining the downward trend, the Sensex at the Bombay Stock Exchange was trading 326 points in the negative territory in afternoon trade at 17,597, when reports last came in. After losing over 500 points in the previous three sessions, the 30-share index fell by 70 points, or 0.39 per cent, to 17...

February 27, 2012 12:14 PM

BSE trading 221 points in negative territory

The BSE benchmark index Sensex, which fell by over 70 points in the early trade today, lost further ground in late morning deals and was trading 221 points in the negative territory at 17,703, when reports last came in. After losing over 500 points in the previous three sessions, the 30-share index ...

February 27, 2012 9:58 AM

Sensex falls over 70 points in early trade today

The BSE benchmark index Sensex fell by over 70 points in the early trade today, as participants engaged in profit-booking amid concerns over rising global crude prices. The 30-share barometer, which had lost over 500 points in the previous three sessions, moved further down by 70.30 points, or 0.39 ...

February 26, 2012 9:05 PM

ONGC to increase crude production

State-owned Oil and Natural Gas Commission is to increase crude production by up to 4 million tonnes per annum by 2013-14. Talking to reporters during a recent visit to Hyderabad ONGC Chairman and Managing DirectorSudhir Vasudeva said the Public Sector Undertakings is spending Rs 26,000 crore in dev...

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