Business

December 7, 2010 1:22 PM

Sensex slips further to 103 pts; trading at 19,877

The Bombay Stock Exchange benchmark Sensex fell by over 46 points in the opening trade today. It was trading at 19,877, down by over 103 points a short while ago. Analysts said the fall in sensex is due to profit-booking amid weak trend on the other Asian markets. Meanwhile, in other markets in Asia...

December 7, 2010 1:01 PM

Govt. asks Steel sector to come up with research based projects for large scale

Government today asked the steel sector to come up with more research based projects for large scale plants to make them energy efficient. Addressing a conference on Energy efficiency in secondary steel sector in New Delhi today the Union Steel Minister Virbhadra Singh said an amount of 118 crore ru...

December 7, 2010 12:18 PM

SBI ATM in a hut in Gujarat

In Gujarat, the State Bank of India today launched an ATM in a hut at Dhordo village of Kutch district. The Chief General Manager of SBI Gujarat P.Nandakumaran told AIR Bhuj correspondent that this ATM will cater to the need of 150 bordering villages. He said a special thumb impression device has be...

December 7, 2010 11:56 AM

Sensex in red, slips 94 pts; trading at 19,886

The Bombay Stock Exchange benchmark Sensex fell by over 46 points in the opening trade today. It was trading at 19,886, down by over 94 points a short while ago. Analysts said the fall in sensex is due to profit-booking amid weak trend on the other Asian markets. Meanwhile, in other markets in Asia,...

December 7, 2010 11:46 AM

Oil prices fall in Asian trade

Oil prices fell below 89 dollars in Asian trade today . New York's , light sweet crude lost 50 cents to 88.88 dollars per barrel. Brent North Sea crude fell 44 cents to 91.01 dollars a barrel. Dealers said jitters over an expected interest rate hike by the Chinese central bank scared trader...

December 7, 2010 10:25 AM

Rupee appreciates against dollar

Indian Rupee today appreciated by 10 paise to 44.84 rupees against the US dollar in the morning trade.It had gained 16 paise to close at 44.94 rupees against the US currency yesterday. Dealers said sustained dollar selling by exporters and banks and mixed trend in other Asian currencies against the ...

December 7, 2010 10:24 AM

Market open in red with sensex slipping 46 pts

The Bombay Stock Exchange benchmark Sensex fell by over 46 points in the opening trade today.It was trading at 19,940, down by over 41 points a short while ago. Analysts said the fall in sensex is due to profit-booking amid weak trend on the other Asian markets. Meanwhile, in other markets in Asia, ...

December 7, 2010 8:23 AM

DGCA asks airlines to maintain transparency in tariffs

After airlines were asked to bring down tariffs to reasonable level, Directorate General of Civil Aviation on Monday asked all airlines to maintain transparency in tariffs across Network. The directions came after DGCA held second round of talks with top executives of Indian carriers. The airlines w...

December 6, 2010 7:41 PM

WAPCOS awarded first category mini Ratna status

Water Resources Minister Mr. Pawan Bansal on Monday awarded the first category Mini Ratna Status to Water And Power Consultancy Services (WAPCOS). WAPCOS is a Public sector Unit that deals in power and water management. Congratulating the WAPCOS on their achievemnt the minister said that the company...

December 6, 2010 7:40 PM

India-France sign 2 agreements to enhance business ties

Extending the purview of bilateral cooperation between the two countries, India and France signed a Letter of Intent in New Delhi on Monday, to encourage business and trade in the field of food processing and agriculture. Union Minister for Food Processing Industry Mr. Subodh Kant Sahai and the Fren...

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