Business

January 11, 2011 9:29 PM

Year 2011 begins on a good note for merger & acquisitions<br/>

The year 2011 seems to have begun on a good note for merger and acquisition deals in India. In the first deal of the year, Patni Computer has been acquired by iGate for 1.22 billion US dollars or nearly 5,400 crore rupees. US-based iGate, along with Apax Partners, purchased 45.6 per cent equity held...

January 11, 2011 5:16 PM

Sensex loses 28 points to 19196

Posting its sixth straight day of losses, the Sensex at the Bombay Stock Exchange lost 28 points, or 0.1 percent, to 19,196 on Tuesday. The Nifty at the National Stock Exchange slipped 9 points, or 0.2 percent, to 5,754.

January 11, 2011 5:16 PM

Gold eases; Silver spurts 200 rupees

Gold declined 10 rupees, to 20,640 rupees per ten grams at Delhi&apos;s bullion market, on Tuesday. But silver ready rose 200 rupees, to 45,000 rupees per kilo, on rising demand from industrial units.

January 11, 2011 5:15 PM

Sensex loses 28 points to 19196

Posting its sixth straight day of losses, the Sensex at the Bombay Stock Exchange lost 28 points, or 0.1 percent, to 19,196 on Tuesday. The Nifty at the National Stock Exchange slipped 9 points, or 0.2 percent, to 5,754.

January 11, 2011 2:09 PM

Lionel Messi wins FIFA world player award

Lionel Messi of Argentina has been named as the world&apos;s best Football player of 2010. Messi won the FIFA award for a second straight year yesterday at a ceremony in Zurich. He finished ahead of Barcelona teammates Andres Iniesta and Xavi Hernandez.The 23-year-old Messi amassed 58 goals last...

January 11, 2011 2:07 PM

Sensex snaps five days of losses; gains 130 points in afternoon trade<br/>

Snapping five days of huge losses, the Sensex at the Bombay Stock Exchange climbed 185 points, or 1 per cent, to 19,409 in opening trade, this morning, on fresh buying by funds and retail investors, at existing lower levels. After paring some of its early gains, the Sensex stood 130 points, or 0.7 p...

January 11, 2011 11:37 AM

Sensex bounces 185 points in opening trade

The BSE benchmark Sensex today rebounded for the first time in six sessions by recovering 185 points in the opening trade. It was trading at 19,359, up by 135 points a short while ago. Analysts said the rise in Sensex is due to emergence of buying by funds and retail investors at prevailing lower le...

January 11, 2011 11:37 AM

Rupee up by 12 paise against dollar

The Indian rupee appreciated by 12 paise to 45.33 rupees against the US dollar in early trade at the Interbank Foreign Exchange today. It had closed at 45.45 rupees in the previous session. Forex dealers said besides dollar weakness against other Asian currencies and the euro overseas, a higher open...

January 11, 2011 10:06 AM

Sensex bounces 185 points in opening trade

The BSE benchmark Sensex today rebounded for the first time in six sessions by recovering 185 points in the opening trade. It was trading at 19,304, up by 76 points a short while ago. Analysts said the rise in Sensex is due to emergence of buying by funds and retail investors at prevailing lower lev...

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