Business

May 3, 2010 1:55 PM

Sensex gains 169 points in afternoon trade

Sensex at the Bombay Stock Exchange fell 141 points, or 0.8 per cent, to 17,418 in opening trade, today, on profit booking, and a weak trend on the other Asian bourses. Falling further, the Sensex stood 169 points, or 1 percent in the red, at 17,390, a short while ago. Other Asian bourses in Hong Ko...

May 3, 2010 10:23 AM

Rupee down by 16 paise against dollar

The Indian rupee depreciated by 16 paise to 44.52 a dollar in early trade today on fund outflows and the greenback's gains overseas. The rupee closed higher by 15 paise at its two-week high of 44.36 a dollar in the previous session. Forex dealers said capital outflows and dollar strength ag...

May 3, 2010 10:23 AM

Sensex falls by over 141 points in opening trade

The Sensex fell by over 141 points or 0.80 per cent in opening trade today on profit booking and a weak trend on other Asian bourses. The 30-share index, which had gained nearly 179 points in the previous two sessions, was down 141 points to 17,418 points in opening trade. Stocks of information tech...

May 2, 2010 6:04 AM

RBI cautions NBFCs on tansaction in Iran, Pak

The Reserve Bank of India has directed Non-Banking Financial Companies (NBFCs) to be alert while transacting business from countries like Iran, Pakistan and North Korea. The global agency, Financial Action Task Force (FATF) has identified these countries as having lax anti money laundering and terro...

May 2, 2010 5:42 AM

3G: Pan-India license price rises to Rs. 9,920 cr

The licence price for pan-India 3G mobile telephony rose to Rs 9,920 crore on the 19th day of auction on Saturday, assuring the exchequer of Rs 40,054 crore in revenue.Nine bidders have driven up the prices beyond the government's original collection estimate of Rs 35,000 crore from sale of...

May 2, 2010 5:41 AM

Tata Motors April sales up 52 pc

Automaker Tata Motors has reported a 52.47 pc increase in sales in April to 57,202 units compared to the same month last year, the company sold 37,518 units in April, 2009.The homegrown firm''s passenger vehicles sales in the domestic market stood at 23,102 units in April against 1...

May 1, 2010 7:33 PM

EU finance ministers meet in Brussels on Sunday

Eurozone finance ministers will meet in Brussels tomorrow to thrash out details of a multi-billion euro rescue deal designed to help Greece tackle its massive public debt. The meeting will also be attended by representatives from the European Central Bank and the European Commission.

May 1, 2010 6:27 PM

EU finance ministers meet in Brussels on Sunday

Eurozone finance ministers will meet in Brussels tomorrow to thrash out details of a multi-billion euro rescue deal designed to help Greece tackle its massive public debt. The meeting will also be attended by representatives from the European Central Bank and the European Commission.

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