Business

October 26, 2010 10:00 AM

Sensex falls by 55 points in early trade

The Bombay Stock Exchange benchmark Sensex fell by almost 55 points in the opening trade today. .The 30-share barometer, which had gained 137.26 points in the previous trading session, fell by 54.92 points or 0.27 per cent to 20,248.20 in the opening trade, with stocks of IT, banking, oil and gas, a...

October 25, 2010 7:52 PM

Coal India IPO priced at Rs 245 per share <br/>

The government today fixed Coal India&apos;s mega IPO issue price at 245 rupees per share. It will fetch over 15,000 crore rupees to the government by issuing 63.16 crore shares of Coal India at the fixed price. It will offer a discount of five per cent to retail investors. Coal Minster Sripraka...

October 25, 2010 6:37 PM

25% increase in REC Q2 profit <br/>

State-owned Rural Electrification Corporation on Monday reported 25 per cent increase in its second quarter net profit to over 618 crore rupees. It is up by 124 crore rupees in the same period last fiscal. REC&apos;s total income increased 2,082.12 crore rupees during the second quarter ended Se...

October 25, 2010 6:31 PM

SEBI doubles investment limit for retail investors<br/>

Market regulator SEBI today doubled the investment limit for retail investors in an initial share sale offer to 2 lakh rupees.The board approved categorizing all investors putting in up to 2 lakh rupees to buy shares through a public offer as retail investors. SEBI Chief C B Bhave told reporters in ...

October 25, 2010 6:25 PM

Sensex ends 137 pts up

The Sensex at the Bombay Stock Exchange climbed 137 points, or 0.7 percent, to 20,303, on Monday, on initial strong corporate earnings, and firm Asian and European markets. The Nifty at the National Stock Exchange rallied 40 points, or 0.7 percent, to 6,106. The bourses in China, Hong Kong, South Ko...

October 25, 2010 5:10 PM

Pranab to inaugurate Economic Editors' Conference

The two-day annual Economic Editors&apos; Conference in New Delhi begins on Tuesday. It will be inaugurated by Finance Minister Pranab Mukherjee. An official release said, there will be separate sessions with the ministers and senior officers of the key economic and infrastructure ministries.

October 25, 2010 2:40 PM

Exports shoot up by 23.2 per cent

Exports shot up by 23.2 per cent year-on-year to 18.02 billion US Dollars in September this fiscal. Imports for September grew by annual over 26 per cent to 27.14 billion US Dollar. Commerce Secretary Rahul Khullar said in New Delhi on Monday that for the first half of the fiscal exports increased b...

October 25, 2010 2:24 PM

Exports shot up by 23.2 per cent<br/>

Exports shot up by 23.2 per cent year-on-year to 18.02 billion US Dollars in September this fiscal. Imports for September grew by annual over 26 per cent to 27.14 billion US Dollar. Commerce Secretary Rahul Khullar said in New Delhi on Monday that for the first half of the fiscal exports increased b...

October 25, 2010 2:23 PM

Sensex sheds early gains, stood 156 points up in afternoon trade

The Sensex at the Bombay Stock Exchange, which had jumped 142 points in opening trade on Monday, later rose as much as 280 points. But after paring some of its gains, the Sensex stood 156 points, or 0.8 percent in the green, at 20,322, a short while ago. The domestic markets rose on sustained capita...

October 25, 2010 12:24 PM

Sensex rallies 263 points due to foreign funds inflow, firm Asian markets

The Bombay Stock Exchange benchmark Sensex shot up by nearly 142 points to 20,307 in the opening trade on Monday. The sensex was trading at 20,429 up by over 263 points a short while ago. Analysts said the gain in sensex is due to strong capital inflows by foreign funds and firm Asian markets. In th...

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