Sensex down 163 points in afternoon trade

The Bombay Stock Exchange benchmark Sensex, which recovered by 60 points in opening trade later plunged 163 points down in late afternoon deals to 18972. The Sensex had lost 466 points in the previous five sessions. Similarly, the wide-based National Stock Exchange Nifty index was trading 55 points ...

Sensex recovers 60 points in opening trade

The Bombay Stock Exchange benchmark Sensex, which has lost 466 points in the previous five sessions, recovered by 60 points, or 0.32 per cent, to 19,196 points in the first five minutes of trading.Similarly, the wide-based National Stock Exchange Nifty index also moved up by 8 points, or 0.15 per ce...

Sensex recovers 60 points in opening trade

The Bombay Stock Exchange benchmark Sensex, which has lost 466 points in the previous five sessions, recovered by 60 points, or 0.32 per cent, to 19,196 points in the first five minutes of trading.Similarly, the wide-based National Stock Exchange Nifty index also moved up by 8 points, or 0.15 per ce...

Household saving rates declined 45 pc in last six yrs

Household saving rate of an average employee in metro cities in the country has come down by 45 per cent in last six years due to an exorbitant increase in prices of essential commodities, fuel and education. According to a survey done by the Associated Chambers of Commerce and Industry- ASSOCHAM, t...

Rupee falls by 13 paise against US dollar

The Indian rupee shed 13 paise to Rs 44.35 against the US dollar in early trade. The rupee had closed 21 paise higher at Rs 44.22 against the dollar in Friday's trade. Forex dealers said weakness in major currencies against the dollar overseas mainly put pressure on the rupee sentiment.

Sensex losses 466 points in opening trade

The Bombay Stock Exchange benchmark Sensex, which has lost 466 points in the previous five sessions, recovered by 60 points, or 0.32 per cent, to 19,196 points in the first five minutes oftrading.Similarly, the wide-based National Stock Exchange Nifty index also moved up by 8 points, or 0.15 per cen...

Sebi wants IPO bankers to disclose past record

Security and Exchange Board of India- Sebi has asked the merchant bankers to prominently disclose their track records to the investors . The market watch dog has issued these directives to avoid over pricing and over hyping of IPOs by merchant bankers.Sebi also wants merchant bankers devising their ...

K V Kamath to be new Chairman of Infosys

Infosys has announced the appointment of veteran banker K V Kamath as its Chairman in place of founder N R Narayana Murthy. It also named current CEO S Gopalakrishnan as Co-Chairman. The INFOSYS Board appointed Murthy as Chairman Emeritus for life.The appointments come in to effect from August 21 th...

Labour and Employment Minister Mallik Arjun Kharge has said that hire and fire will not be allowed. In an exclusive interview to All India Radio Kharge said that that hire and fire policy, will create disturbance in industry and ultimately result in hampering production . He said that there is a nee...

Labour and Employment Minister Mr Mallik Arjun Kharge has said that hire and fire policy in the manufacturing units will not be allowed. In an exclusive interview to All India Radio, Kharge said that that hire and fire policy will create disturbance in industry and ultimately result in hampering pro...