Business

November 13, 2010 6:02 PM

Orissa hopes Posco will not shift its proposed steel plant from the State

The Orissa Government today hoped Posco India will not shift its proposed 12 million tonne steel plant from Orissa. Amidst news of the South Korean steel major planning to shift its proposed project from Orissa to Karnataka for inordinated delays and unending protests, Orissa's Industries, ...

November 13, 2010 5:57 PM

India to contribute Rs 15K crore to IMF<br/>

India will contribute upto Rs. 15,000 crore to the International Monetary Fund following the decision of the Fund to double its quota.While doubling its quota, the IMF Board has also decided to shift 6 per cent shares in voting rights to emerging economies as part of governance reforms.

November 13, 2010 1:35 PM

Cochin Airport profit at Rs 77 cr

The Cochin International Airport Ltd [CIAL] has made a net profit of Rs 77 crore during the last fiscal, as against Rs 59 crore in the previous year. The company declared a dividend of 12 per cent to its shareholders.Announcing this at the 16th Annual General Meeting in Kochi today, the CIAL Chairma...

November 12, 2010 6:06 PM

Crude oil falls in Asian trade

Crude oil fell in Asian trade, today, as a firmer dollar discouraged investors from buying oil futures. New York&apos;s main contract, light sweet crude for December delivery fell 96 cents, to 86.85 dollars a barrel. Brent North Sea crude for December delivery dropped 69 cents, to 88.12 dollars ...

November 12, 2010 5:32 PM

Sensex plunges 432 pts closes at 20,157<br/>

Falling for the third straight session, the Sensex at the Bombay Stock Exchange plunged 432 points, or 2.1 percent, to 20,157, today, on poor industrial growth data, and weak global markets. The Nifty at the National Stock Exchange slid 123 points, or 2 percent, to 6,072.Stock markets in Japan, Chin...

November 12, 2010 2:18 PM

BSE Sensex down by 313 points a short while ago

Continuing to fall for the third straight session, the Sensex at the Bombay Stock Exchange lost 113 points, to 20,476 in opening trade, today, on sustained selling pressure, triggered by weak Asian markets. Selling pressure later intensified after the release of disappointing industrial output data ...

November 12, 2010 2:14 PM

Industrial growth slips to 4.4 per cent in September

Industrial growth almost halved to 4.4 per cent in September against 8.2 per cent a year ago, pulled down by slow-down across segments.However, Industrial growth in the first half of this fiscal, as measured by the Index of Industrial Production or IIP, stood at 10.2 per cent against 6.3 per cent a ...

November 12, 2010 2:03 PM

Task force set up by CII and India-Bangladesh Chamber of Commerce and Industry

A task force has been set up by the Confederation of Indian Industry and the India-Bangladesh Chamber of Commerce and Industry to study investment prospects in India and Bangladesh and to increase trade between the two countries.CII principal advisor Sushanta Sen said that a 10-member task force wou...

November 12, 2010 1:07 PM

Industrial growth almost halved to 4.4 per cent in September

Industrial growth almost halved to 4.4 per cent in September against 8.2 per cent a year ago, pulled down by slow-down across segments.However, Industrial growth in the first half of this fiscal, as measured by the Index of Industrial Production or IIP, stood at 10.2 per cent against 6.3 per cent a ...

November 12, 2010 1:06 PM

Industrial growth almost halved to 4.4 per cent in September

Industrial growth almost halved to 4.4 per cent in September against 8.2 per cent a year ago, pulled down by slow-down across segments.However, Industrial growth in the first half of this fiscal, as measured by the Index of Industrial Production or IIP, stood at 10.2 per cent against 6.3 per cent a ...

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