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January 29, 2010 10:58 AM
The rupee depreciated by two paise to 46.37 against the US currency in early trade on Friday. Dealers said that weakness in equity markets and some dollar demand by importers weighed on the rupee sentiment.
January 28, 2010 9:29 PM
Nokia, the world's top mobile phone maker, has reported a 78 per cent fall in its 2009 net profit but says it had won market share from competitors in the last three months of the year.In a statement Nokia chief executive Olli-Pekka Kallasvuo said the company's performance in smart...
January 28, 2010 9:18 PM
Pharmaceutical giant AstraZeneca is to cut a further 8,000 jobs across its worldwide operations. The workforce reduction is in addition to the 12,600 global positions that have already been trimmed under the firm's continuing cost-cutting plans.The UK group said the latest round of job cuts...
January 28, 2010 9:17 PM
After easing for three weeks in a row, food inflation inched up to 17.40 per cent for the week ended January 16. Food inflation, which was falling after touching the decade's high of about 20 per cent in December, has risen again, driven mainly by rising prices of eggs and vegetables. High ...
January 28, 2010 8:47 PM
After easing for three weeks in a row, food inflation inched up to 17.40 per cent for the week ended January 16. Food inflation, which was falling after touching the decade's high of about 20 per cent in December, has risen again, driven mainly by rising prices of eggs and vegetables. High ...
January 28, 2010 5:50 PM
Snapping a six-day losing streak, the Sensex at the Bombay Stock Exchange ended with a small gain of 17 points, or 0.1 per cent, at 16,307, on Thursday, amid a recovery in global stock markets. The Nifty at the National Stock Exchange rose 14 points, or 0.3 percent, to 4,867. The bourses in Japan, H...
January 28, 2010 5:50 PM
In Madhya Pradesh, Bharat Heavy Electricals Limited and Madhya Pradesh Power Generation Company Limited signed a joint venture agreement to set up two super critical power plants of 800 Megawatt each in Khandwa district. Union minister of state for Heavy industries Arun Yadav, state Chief Minister S...
January 28, 2010 2:43 PM
Minister of Commerce and Industry Mr Anand Sharma has emphasized the need to enhance the usage of renewable and nuclear energy in the fuel mix. Speaking at the World Economic Forum at Davos last evening, in a session Rethinking Energy Security, he said that India had developed a National Action Plan...
January 28, 2010 1:52 PM
Steel Authority of India Limited, SAIL has signed a Memorandum of Understanding with Korea Export Insurance Corporation, KEIC in New Delhi.Under the MoU, both the companies will seek to establish the framework of co-operation in supporting and encouraging trade and investment in the field of industr...
January 28, 2010 1:52 PM
Food inflation inched up to 17.40 per cent for the week ended January 16 on account of high prices of potato and pulses. The wholesale price-based food inflation was 16.81 per cent in the previous week.Potato prices rose as much as 57.56 per cent over the last year, followed by prices of pulses whic...
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