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February 26, 2012 2:17 PM
Confederation of Indian Industry, CII today asked Finance Minister Pranab Mukherjee to retain the current rates of excise and service tax in the Budget to boost investments. CII said in its pre-Budget memorandum that there is a strong need for retaining the current rates of excise and service tax to...
February 26, 2012 1:05 PM
The State Bank of India, SBI, has taken in-principle decision to slash interest on education loans by up to one percentage point. SBI Managing Director and Chief Finance Officer Diwakar Gupta said, the bank will issue the notification shortly. At present, interest rates on education loans range from...
February 26, 2012 12:50 PM
The State Bank of India, SBI, has taken in-principle decision to slash interest on education loans by up to one percentage point. SBI Managing Director and Chief Finance Officer Diwakar Gupta said, the bank will issue the notification shortly. Without giving details of quantum of rate cut, he said, ...
February 25, 2012 8:45 AM
The meeting of the Empowered Group of Ministers (EGoM) on gas remained inconclusive and decided to maintain a status quo on the allocation of gas.The EGoM, headed by Finance Minister Pranab Mukherjee, has decided that no allocation of domestic gas would be made to the captive power plant and non-Ure...
February 24, 2012 8:53 PM
Falling for the third straight session, the Sensex at the Bombay Stock Exchange dropped 155 points, or 0.9 percent, to close below the 18,000 level, at 17,924 on Friday, on continued profit-booking by investors. The Nifty at the National Stock Exchange declined 54 points, or 1 percent, to 5,429. But...
February 24, 2012 5:28 PM
Falling for the third straight session, the Sensex at the Bombay Stock Exchange dropped 155 points, or 0.9 percent, to close below the 18,000 level, at 17,924 on Friday, on continued profit-booking by investors. The Nifty at the National Stock Exchange declined 54 points, or 1 percent, to 5,429. But...
February 24, 2012 5:28 PM
Falling for the third straight session, the Sensex at the Bombay Stock Exchange dropped 155 points, or 0.9 percent, to close below the 18,000 level, at 17,924 on Friday, on continued profit-booking by investors. The Nifty at the National Stock Exchange declined 54 points, or 1 percent, to 5,429. But...
February 24, 2012 1:40 PM
The Sensex at the Bombay Stock Exchange rose 72 points, or 0.4 percent, to 18,151 in early trade, today. But the Sensex soon gave up all its initial gains, to slip below the 18,000 level. The 30-share index later stood 111 points, or 0.6 percent in the negative zone, at 17,968, on profit-booking by ...
February 24, 2012 1:26 PM
UAE telecoms operator Etisalat has filed civil case alleging fraud and misrepresentation by its Indian joint venture partners; DB reality in the Etisalat DB Telecom Limited. It said the company was induced into an investment without any disclosure of the matters in connection with the obtaining of 2...
February 24, 2012 1:16 PM
After recovering by over 72 points in early trade today, the BSE benchmark index Sensex was trading 130 points down at 17,949 points a shortwhile ago.In a similar fashion, wide-based index of the National Stock Exchange, Nifty was also trading 42 points down at 5,441 points.
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