Business

September 22, 2010 10:45 AM

Oil prices mixed in Asian trade today

Oil prices were mixed in Asian trade today following recent losses amid worries over the US economy and the level of crude stockpiles, analysts said.New York's main contract, light sweet crude for delivery in November, gained 13 cents to 75 dollars and 10 cents a barrel.Brent North Sea crud...

September 22, 2010 10:42 AM

Rupee gains 14 paise against US dollar

The rupee gained 14 paise to 45.53 against the US dollar at the Interbank Foreign Exchange today. This follows continued capital inflows from foreign funds.The rupee had gained 3 paise to close at a four-month high of 45 rupees 68 paise against US dollar on Tuesday on sustained capital inflows amid ...

September 22, 2010 10:41 AM

BSE Sensex up by 104 points in opening trade

The Bombay Stock Exchange benchmark Sensex shot up by 104 points to 20,106 in opening trade today. This follows sustained capital inflows from foreign funds. Its highest level since January 2008. This is the fourth consecutive session that the Sensex has maintained its winning streak. Likewise, the ...

September 21, 2010 8:54 PM

Sensex breaches 20k mark to reach 32 months high

Continuing its big rally, the Sensex at the Bombay Stock Exchange gained 95 points, or 0.5 percent, to regain and close above the magical 20,000-level after almost 32 months, at 20,002, today. The Nifty at the National Stock Exchange rose 29 points, or 0.5 percent, to end above the 6,000 point level...

September 21, 2010 4:39 PM

Mini-ratna status to B&R Company, Bharat Pumps and Compressors<br/>

The government today provided enhanced financial autonomy to two public sector units -Bridge and Roof Company and Bharat Pumps and Compressors by granting them the mini-ratna&apos; status. With this the number of such companies under the administrative Ministry of Heavy Industries and Public Ent...

September 21, 2010 4:37 PM

Global airlines expected to post $ 8.9 billion profit in 2010<br/>

The world&apos;s airlines are expected to post a profit of 8.9 billion dollars this year, in a sharp upgrade of previous forecast. The International Air Transport Association (Iata) said the industry recovery had been stronger and faster than anyone predicted. In June, it had predicted a much sm...

September 21, 2010 4:28 PM

Sensex regains 20K level

Continuing its big rally, the Sensex at the Bombay Stock Exchange gained 95 points, or 0.5 percent, to regain and close above the magical 20,000-level after almost 32 months, at 20,002, today. The Nifty at the National Stock Exchange rose 29 points, or 0.5 percent, to end above the 6,000 point level...

September 21, 2010 4:26 PM

Govt to address steel industry's concern on 26% profit-sharing rule<br/>

The Government today assured the steel industry to address industry&apos;s concern on 26 per cent profit-sharing rule in the proposed draft mining bill. Steel Secretary P K Mishra said in New Delhi that the ministry will take a holistic view on the issue. Mr. Mishra added that the sharing of pro...

September 21, 2010 2:39 PM

Sensex pares gains, trading below 20k

Continuing its massive rally, the Sensex at the Bombay Stock Exchange surged 135 points, to regain the magical 20,000-level after almost 32 months, at 20,042, in opening trade, today, on across-the-board buying interest. But the Sensex later pared its gains, and stood a more modest 49 points, or 0.3...

September 21, 2010 1:45 PM

Sensex pares gains

Continuing its massive rally, the Sensex at the Bombay Stock Exchange surged 135 points, to regain the magical 20,000-level after almost 32 months, at 20,042, in opening trade, today, on across-the-board buying interest. But the Sensex later pared its gains, and stood a more modest 49 points, or 0.3...

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