Business

September 13, 2011 2:28 PM

Sensex gains 180 pts

The Sensex at the Bombay Stock Exchange gained 180 points, or 1.1 per cent, to 16,682 within the first five minutes of trade, on Tuesday morning, on fresh buying by investors, triggered by positive regional markets, amid easing concerns about the euro zone debt crisis. But later, after rising more t...

September 13, 2011 1:10 PM

Sensex up by 178 pts

The Sensex at the Bombay Stock Exchange was trading 178 points in the positive territory at 16,680 a short while ago. The 30-share index, which lost almost 665 points in the previous two sessions, rose by 180 points, or 1.09 per cent, to 16,682 points in the first five minutes of trade this morning....

September 13, 2011 12:09 PM

Rupee appreciates by 27 paise

The Indian rupee appreciated by 27 paise to 46 Rupees 95 paise against the US dollar in early trade today on fresh selling of the American currency by banks and exporters amid a firming trend in the equity market. On Monday, the local currency had tumbled 66 paise to close at nearly a 14-month low o...

September 13, 2011 12:08 PM

Sensex up by 241 points

The Sensex at the Bombay Stock Exchange was trading 241 points in the positive territory at 16,742 a short while ago. The 30-share index, which lost almost 665 points in the previous two sessions, rose by 180 points, or 1.09 per cent, to 16,682 points in the first five minutes of trade this morning....

September 13, 2011 11:24 AM

Bank of America to slash 30,000 jobs

Bank of America will cut 30,000 jobs over the next few years as part of a cost-cutting programme. The cuts represent about 10 per cent of the company's workforce. Bank of America wants to save about 5 billion dollars a year as it slims down the bank that was hit hard by the sub-prime mortga...

September 13, 2011 11:13 AM

Rupee appreciates by 13 paise

The Indian rupee appreciated by 13 paise to 47 Rupees 09 paise against the US dollar in early trade on the Interbank Foreign Exchange today. on Monday, the local currency had tumbled 66 paise to close at nearly a 14-month low of 47 Rupees 22 paise against the US currency amid a steep fall in the sto...

September 13, 2011 9:58 AM

Sensex gains 180 pts in opening trade

The Bombay Stock Exchange benchmark Sensex gained over 180 points in opening trade today. The 30-share BSE index, which has lost almost 665 points over the previous two sessions, rose by 180.04 points, or 1.09 per cent, to 16,681.78 in the first five minutes of trade this morning.In a similar fashio...

September 12, 2011 8:40 PM

Industrial growth falls to 3.3%

The Industrial growth in July this year fell to 3.3 percent compared to 9.9 percent in the corresponding month last year. According to the data released by the Ministry of Statistics and Programme Implementation, the marginal growth was mainly on account of poor performance in capital goods, manufac...

September 12, 2011 5:38 PM

Sensex sheds 365 pts on poor industrial growth data

The Sensex at the Bombay Stock Exchange dropped 365 points, or 2.2 percent, to 16,502, on poor industrial growth data, and plunging global markets, Monday. The Sensex had tumbled 474 points at the day's low, and fallen 199 points at the day's high. The Nifty at the National Stock E...

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