Business

February 9, 2011 8:40 PM

SEBI extends time to file complaints against entities to three years

Market regulator, Securities and Exchange Board of India SEBI today extended the time to three years for filing complaints against entities. A move which experts said will enable investors to study in greater details the issues involved in the cases to be contested.In an order, the Securities and Ex...

February 9, 2011 7:55 PM

The Environment Ministry today gave forest clearance to Steel Authority of India for mining iron ore from Chiria reserves at Saranda in Jharkhand. The approval has been granted with 13 specific conditions governing forest clearance As per the Conditions only mining and primary and secondary crushing...

February 9, 2011 6:30 PM

Farmers protest fall in onion prices

Falling onion prices are now making farmers angry. Farmers protesting fall in onion prices today blocked the busy Mumbai-Agra national highway between Pimpalgaon Baswant and Chandvad in Nashik for over two hours. Around 500 protesters, demanded that ban on onion export be lifted. Prices of the onion...

February 9, 2011 4:45 PM

Sensex closes lower

Continuing its losing spell, the Sensex at the Bombay Stock Exchange declined 183 points, or 1 percent, to close at 17,593, today. The Nifty at the National Stock Exchange lost 59 points, or 1.1 percent, to 5,254.

February 9, 2011 1:25 PM

Steel sector growing at rapid scale

Steel sector in the country is growing at rapid scale with a continuous rise in the production for last five years. During the period between April and November 2010, the crude steel production has risen by six percent. It is expected that the steel production capacity in the country would be around...

February 9, 2011 1:18 PM

Domestic car sales hit monthly high in January

Domestic car sales hit a new monthly high in January. However, the overall growth rate of vehicles sold in the country moderated to 18.69 per cent at nearly 13 lakh 23 thousand units during the period. The figures released by the Society of Indian Automobile Manufacturers (SIAM) today say, total veh...

February 9, 2011 10:17 AM

Rupee down by 3 paise against dollar

The Indian rupee fell by 3 paise to 45.33 per US dollar in early trade on the Interback Foreign Exchange on Wednesday. Dealers said the rupee weakness was due to a lower opening in the stock market and some demand for the American currency. However, dollar depreciation against other Asian currencies...

February 9, 2011 10:16 AM

Sensex falls 135 points in opening trade

The Bombay Stock Exchange benchmark Sensex lost 134 points in opening trade on Wednesday amid sustained foreign capital outflows and a mixed trend on other Asian bourses. The 30-share index, which fell by 261 points in Tuesday's session, lost 134 points, or 0.76 per cent, to 17,641 points i...

February 8, 2011 6:28 PM

Indian Railways total earnings up by 7.77%

The total approximate earnings of Indian Railways have gone up to 7.77 per cent during first ten months this fiscal as compared to last year during the same period. The total earnings were around 76187 crore rupees as compared to 70696 crore rupees during the same period in the last financial year. ...

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