Business

July 12, 2010 1:26 PM

BSE Sensex rises over 176 points and regains 18k level after three months

The BSE benchmark Sensex today regained the psychological 18,000 level after three months rising by over 176 points in late morning trade on aggressive buying on hopes of good first quarter results by corporate. The 30-share barometer rose by 176.53 points, or 0.98 per cent, to 18,010 points, a leve...

July 12, 2010 11:48 AM

Industrial output rises by 11.5 per cent in May

Industrial output rose by 11.5 per cent in May, growing in double digits for the eighth consecutive month, on good showing by manufacturing, particularly capital and consumer goods. In comparison, the industry grew by 2.1 per cent in May last year. The manufacturing segment, which constitutes around...

July 12, 2010 11:10 AM

BSE Sensex rises over 176 points and regains 18,000 level after three months

The BSE benchmark Sensex today regained the psychological 18,000 level after three months rising by over 176 points in late morning trade on aggressive buying on hopes of good first quarter results by corporate. The 30-share barometer rose by 176.53 points, or 0.98 per cent, to 18,010 points, a leve...

July 12, 2010 10:43 AM

Rupee appreciates by 4 paise against US dollar

The rupee today appreciated by 4 paise to 46.62 a dollar in early trade. Dealers said the rupee strengthened against the US currency after fresh capital inflows by foreign funds into equities and gains in other Asian currencies against the dollar. The domestic currency had closed 20 paise higher at ...

July 12, 2010 10:30 AM

Oil prices around 76 USD a barrel in Asian trade

Oil prices were around 76 USD a barrel in Asian trade today due to buoyant stock markets and expectations of healthy corporate earnings in the United States. New York's main contract, light sweet crude for delivery in August, was up six cents at USD 76.15 a barrel and Brent North Sea crude ...

July 12, 2010 10:26 AM

BSE Sensex up by 153 points in early trade

The Bombay Stock Exchange benchmark Sensex shot up by 153 points in early trade after a rally in metal, realty and IT stocks on hopes of strong quarter corporate earnings and firming global trend. The 30-share index, which had gained over 362 points in the previous two sessions, gained another 153.2...

July 10, 2010 1:47 PM

India stands 2nd in manufacturing

India has been ranked second, after China in terms of manufacturing competence globally, in the 2010 Global Manufacturing Competitiveness Index.South Korea has been ranked third in the index. The Index is a result of the collaboration between Deloitte Touche Tohmatsu and the US Council on Competitiv...

July 9, 2010 10:07 PM

Indian business delegation led by Aiyar reaching Dhaka tomorrow

A delegation of business persons from India led by Former Union Minister and Senior Congress MP Mani Shankar Aiyar will be reaching Dhaka tomorrow to look at ways and means to strengthen trade and economic ties between India and Bangladesh. During the five day visit, the delegation will meet Banglad...

July 9, 2010 10:03 PM

Ministry of Corporate Affairs introduces Company Law Settlement Scheme 2010

To provide an opportunity to defaulting companies to file their belated documents, the Ministry of Corporate Affairs has introduced the Company Law Settlement Scheme 2010. Briefing newspersons in Chennai this evening, Regional Director, Office of the Registrar of Companies, Mr. B K Bansal said that ...

July 9, 2010 9:25 PM

Sensex rises for 2nd straight session; Jumps 182 points

Rising for the second straight session, the Sensex at the Bombay Stock Exchange jumped 182 points, or 1 percent, to 17,834, lifted by a surge in telecom stocks, and amid firm Asian markets, today. The Nifty at the National Stock Exchange rose 56 points, or 1.1 percent, to 5,352.Stock markets in Japa...

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