Business

January 27, 2012 10:10 AM

Sensex jumps 176 pts in early morning deals

The BSE benchmark Sensex today shot up by 176 points in early trade, extending gains for the fourth straight session on continued buying by funds and retailers amid a firming trend in Asian markets. The 30-share index rose further by 176.39 points to 17,253.57. It had gained over 338 points in the p...

January 26, 2012 8:53 PM

IRFC tax-free bonds issue to open on Friday<br/>

Indian Railway Finance Corporation Limited (IRFC), the financing arm of the Indian Railways, is proposing to issue Tax Free, Secured, Redeemable, Non-Convertible Bonds of face value of RS 1,000 each in the nature of Debentures.They will have benefits under the Income Tax Act, 1961 and aggregate to R...

January 26, 2012 8:44 PM

Centre ready to give assistance to debt stressed states: Pranab

Union Finance Minister, Pranab Mukherjee has said, the Centre is ready to give assistance to debt stressed states including Punjab, provided clean, transparent and accountable governments are there. Addressing the media in Chandigarh he said that 13th Finance Commission had recommended such package ...

January 25, 2012 5:24 PM

Sensex up by 81 points

The Sensex at the Bombay Stock Exchange rose 81 points, or 0.5 percent, to close above the 17,000-level after ten weeks, at 17,077, on Wednesday, on positive investor sentiment after the Reserve Bank shifted focus to economic growth, and on firm Asian markets. The Nifty at the National Stock Exchang...

January 25, 2012 2:26 PM

India, Thailand look to strengthen business ties

India and Thailand have invited the captains of Industry to invest in each other&apos;s country.Addressing Captains of Industry in New Delhi this morning, the Commerce, Industry and Textiles Minister, Mr. Anand Sharma said that India offers limitless opportunity for bilateral trade and investmen...

January 25, 2012 2:10 PM

Sensex in green zone with 118 pts gain at 17,114

The Sensex at the Bombay Stock Exchange rose 82 points, or 0.5 per cent, to cross the 17,000 mark, at 17,078, in early trade, today, on sustained buying by funds and retail investors, following the Reserve Bank&apos;s decision to cut the Cash Reserve Ratio, and on firm Asian bourses. Later, the ...

January 25, 2012 1:07 PM

Sensex in green zone with 98 pts gain at 17,094

The Sensex at the Bombay Stock Exchange, which rose by 82 points in early trade today, stood at 98 points in the positive territory at 17,094 in afternoon trade, when reports last came in.The Sensex had gained 244 points in the previous session yesterday.The wide-based National Stock Exchange Nifty ...

January 25, 2012 12:00 PM

Sensex in green zone with 63 pts gain at 17,059

The BSE Sensex, which rose by 82 points in early trade today, stood at 63 points in the positive territory at 17,059 in late morning deals, when reports last came in. The Sensex had gained 244 points in the previous session yesterday.The wide-based National Stock Exchange Nifty was trading up by 16 ...

January 25, 2012 11:27 AM

Oil prices rise in Asian trade

Oil prices were higher in Asian trade today, on expectations of firm US economic growth and rising tensions between the West and Iran. New York&apos;s main contract crude for delivery in March, gained 33 cents to 99.28 dollar a barrel in morning trade.Brent North Sea crude for March delivery was...

January 25, 2012 11:06 AM

Rupee 50.04 against Dollar

The rupee rose marginally by 5 paise to 50 rupees 4 paise per dollar in early trade on the Interbank Foreign Exchange today on increased foreign capital inflows and euro gains against the American currency overseas. The rupee had closed flat at 50.09 against the US dollar yesterday on alternate bout...

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