Business

April 27, 2010 2:54 PM

BSE Sensex falls

The Bombay Stock Exchange benchmark Sensex fell by nearly 62 points in opening trade today. Sensex was trading flat at 17,746 when reports last came in. The National Stock Exchange's Nifty was also trading flat at 5320.Brokers said besides emergence of profit-booking by foreign funds and re...

April 27, 2010 10:36 AM

Rupee depreciates by 5 paise

The rupee depreciated by 5 paise to 44.44 a dollar in early trade today.It closed lower by 5 paise at 44.38/39 a dollar in the previous session .Forex dealers said the rupee depreciated due to capital outflows by foreign funds and the US currency's gain against other Asian currencies.

April 27, 2010 10:36 AM

BSE Sensex falls nearly by 62 points

The Bombay Stock Exchange benchmark Sensex fell by nearly 62 points in opening trade today. Sensex was trading flat at 17,746 when reports last came in. The National Stock Exchange's Nifty was also trading flat at 5320.Brokers said besides emergence of profit-booking by foreign funds and re...

April 26, 2010 8:08 PM

Sensex closes below 18K

The Bombay Stock Exchange benchmark Sensex rose for the fifth straight day today adding over 51 points on sustained buying interest whetted by attractive corporate earnings so far. The Sensex, which had gained 293 points in last four trading sessions, added 51.08 points to close at 17,745.28 points....

April 26, 2010 5:36 PM

Sensex trading green in Afternoon

The Sensex at the Bombay Stock Exchange pared initial gains in afternoon trade, today, and stood 67 points, or 0.4 percent in the green, at 17,761, a short while ago. The forecast of a normal monsoon this year underpinned market sentiment. Elsewhere, stock markets in Japan, Hong Kong, Indonesia, Sou...

April 25, 2010 10:37 AM

ICICI Bank Q4 net up 79 pc; declares dividend of Rs 12

ICICI Bank has reported that its consolidated net profit in the January-March quarter jumped 79.27 per cent to Rs 1,341.80 crore.The bank had a net profit of Rs 748.44 crore in the year-ago quarter, ICICI Bank said in a filing to the Bombay Stock Exchange.Total income of ICICI Bank, however, decline...

April 25, 2010 10:34 AM

Goldman Sachs executives profited from recession reveals Email

E-mails have been released in the United States showing executives of the investment bank Goldman Sachs boasting that they profited from the collapsing housing market. The e-mails were released by a Senate Committee. Its Chairman Carl Levin said banks like Goldman Sachs were self-interested promotor...

April 25, 2010 9:14 AM

Indian Bank records net profit of 1544 crores

The state owned Indian Bank has recorded a net profit of 1544 crores in the last financial year. Addressing a press conference in Chennai, the Chairman and Managing Director T.M.Bhasin said priority sector credit was 44. 5 percent of aggregate credit, 4.5 percent more than the norm set by the centre...

April 25, 2010 8:28 AM

Toyota to recall 100,000 Corollas in Brazil

Toyota is recalling 100,000 Corolla model cars sold in Brazil over acceleration problems, a consumer protection group has said after meeting with the Japanese automaker. The recall comes a day after the Brazilian state of Minas Gerais ordered a ban on the sales of the best-selling car, saying the ve...

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