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September 24, 2010 12:09 PM
The Bombay Stock Exchange benchmark Sensex today lost nearly 28 points to19,833 in the opening trade. However, later it recovered its initial losses and was trading at 19912, up by over 51 points a short while ago. Meanwhile, Hong Kong's Hang Seng Index was down 0.07 per cent, while Japanes...
September 24, 2010 12:00 PM
Capital market regulator, SEBI, yesterday rejected the application of MCX Stock Exchange for a full-fledged bourse status. MCX Stock Exchange Ltd., promoted by India's largest commodity bourse, MCX, and another group company, FTIL, currently offers trading in currency futures only. In April...
September 24, 2010 12:00 PM
The Indian rupee gained 15 paise at 45.50 against the US dollar in the morning trade. The strengthening of rupee is due to fresh selling of the American currency on persistent capital inflow into stock markets by foreign funds.It had ended 7 paise lower at 45.65 rupees against the dollar in the prev...
September 24, 2010 11:30 AM
India says the Foreign Investment Protection and Promotion Agreement, FIPPA and Comprehensive Economic Partnership Agreement, CEPA with Canada, would be finalised soon. Speaking to newsmen in Toronto, Commerce Minister Anand Sharma said the two agreements would safeguard investors' rights a...
September 24, 2010 11:28 AM
The government has raised the cap on Foreign institutional investors, FII, by 10 billion US dollars to 30 billion US dollars. With this decision FII's can now invest more funds in Indian debt markets. In addition, the government has raised the FII cap in bonds floated by companies engaged i...
September 24, 2010 11:24 AM
The rupee strengthened by 13 paise to 45.52 against the US dollar at the Interbank Foreign Exchange today. It had ended 7 paise lower at 45.65 rupees against the dollar in the previous session.Forex dealers attributed the gain to the government's move to raise the cap on foreign institution...
September 24, 2010 11:01 AM
The Bombay Stock Exchange benchmark Sensextoday lost nearly 28 points to19,833 in the opening trade. Later it recovered its initial losses and was trading at 19891, up by 30 points a short while ago. Meanwhile, Hong Kong's Hang Seng Index was down 0.07 per cent, while Japanese Nikkei index ...
September 23, 2010 9:10 PM
ONGC today said that it "consciously" decided not to make a rival offer to Vedanta Resources billion offer to acquire a majority stake in Cairn India. ONGC Chairman and Managing Director R S Sharma told this to reporters in New Delhi.London-listed Vedanta Resources is buying 40-51 ...
September 23, 2010 9:09 PM
Government today received a dividend of over six crore rupees from the Ennore Port for the second consecutive year. The Chairman of Ennore Port Limited Mr. S. Velumani presented the dividend cheque of 6.49 crores to Union Shipping Minister Mr. G K Vasan at a function in New Delhi today. Ennore Port ...
September 23, 2010 8:48 PM
Falling for the second straight session, the Sensex at the Bombay Stock Exchange dropped 81 points, or 0.4 percent, to 19,861, on continued profit-booking, and weak European markets, today. The Nifty at the National Stock Exchange lost 31 points, or 0.5 percent, to 5,960.
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