Business

February 9, 2010 10:18 AM

Sensex down 71 points in early trade

The Bombay Stock Exchange benchmark Sensex on Tuesday fell by over 71 points, or 0.44 per cent in opening trade on fresh selling by funds, triggered by a weak trend in the global markets.The 30-share Sensex, which had gained 19.96 points in on Monday's choppy trade, fell by 71.54 points to ...

February 8, 2010 8:50 PM

Sensex closes with marginal gain

The Sensex at the Bombay Stock Exchange ended with a slim gain of 20 points, or 0.1 per cent, at 15,936, on Monday. The Nifty at the National Stock Exchange rose just 3 points, or 0.1 percent, to 4,760. But stock markets in Japan, China, Hong Kong and South Korea lost between 0.3 percent and 1 per c...

February 8, 2010 8:35 PM

Tharoor urges Omani businessmen to invest in india

The Minister of state for external affairs Shashi Tharoor has urged the Omani businessmen to make best use of the huge investment opportunity available in India. Addressing the Omani Indian Joint Business Council at the OCCI in Oman, on sunday, he said return on investment on an enduring basis are f...

February 8, 2010 7:14 PM

India launches first venture capital fund for IBSA countries

Science and Technology Minister Prithviraj Chavan has launched the first ever venture capital fund for IBSA countries. A 55 crore rupee fund has been earmarked for it. It will be made available to the companies of the member countries of IBSA. The fund will be managed by Science and Technology park ...

February 8, 2010 6:18 PM

East India Company to open retail outlets soon

East India Company, the trading company with a 400-year-history whose highlight was ruling India - the 'jewel of the Crown' - will soon open outlets to sell tea, coffee, spices and fabrics. Bought in 2004 by Indian-origin businessman Sanjiv Mehta, the company will now seek to conqu...

February 8, 2010 5:53 PM

Sensex closes with marginal gain

The Sensex at the Bombay Stock Exchange ended with a slim gain of 20 points, or 0.1 per cent, at 15,936, after extremely volatile trade, on Monday. Late buying, on a better GDP growth forecast by the government helped the market recover from early losses. The Nifty at the National Stock Exchange ros...

February 8, 2010 5:50 PM

Sensex closes with marginal gain

The Sensex at the Bombay Stock Exchange ended with a slim gain of 20 points, or 0.1 per cent, at 15,936, after extremely volatile trade, on Monday. Late buying, on a better GDP growth forecast by the government helped the market recover from early losses. The Nifty at the National Stock Exchange ros...

February 8, 2010 5:25 PM

Economic Growth may be higher than 7.2 per cent

The Finance Secretary Mr Ashok Chawla said the economy could finally grow higher than the 7.2 per cent estimated by the official statistical department on Monday. According to the advance estimates of released by the Central Statistical Organisation (CSO), the economy will grow by 7.2 per cent in th...

February 8, 2010 2:22 PM

Sensex recovers, up 47 pts

The Sensex at the Bombay Stock Exchange fell 95 points, or 0.6 per cent, to 15,916 in early trade, on Monday, amid weak Asian cues.Remaining subdued, the Sensex stood 47 points, or 0.3 per cent in the red, at 15,869, a short while ago. Stock markets in Japan, China, Hong Kong, Singapore and South Ko...

February 8, 2010 1:06 PM

Private equity investments double to 386 mn dollar in Jan

Private equity investments in India doubled in the first month of this year as deals worth over 386 million dollars were announced amid improving signs of liquidity.According to the monthly deal update report private equity deal in the country in January last year was 191 million US Dollars.The deal...

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