Business

January 11, 2010 9:40 AM

Sensex jumps 236 points in opening trade

The Bombay Stock Exchange benchmark Sensex on Monday jumped by 236 points, in opening trade on fresh buying in heavyweight stocks by foreign funds. The 30-share index rose by 236.28 points to 17,776.57 points.The BSE barometer had lost over 160 points in the past two sessions. The wide-based Nationa...

January 10, 2010 9:22 AM

India, Botswana sign 2 MoUs

India and Botswana have signed two Memorandum of understandings in the field of agriculture and allied sector and exchange programme in the field of education. The MoUs were signed after bi-lateral talks between the Vice President Mohammed Hamid Ansari and his Botswana counterpart Mr. Mr Momathi S.M...

January 10, 2010 9:11 AM

Union Budget likely on Feb 26

The Union Budget for 2010-11 is likely to be presented on February 26, two days ahead of the conventional date. Finance Minister Pranab Mukherjee indicated this to journalists during a lunch hosted by him at his residence in New Delhi on Saturday.The annual Budget date is being advanced from the nor...

January 9, 2010 6:32 PM

Azad invites NRI drug manufacturers to invest in India

The government has invited the people of Indian origin to become a partner in the health sector in the country. Speaking at the Pravasi Bhartiya Divas in New Delhi today,the Minister of Health and Family Welfare, Mr Ghulam Nabi Azad highlighted the potential of investment in drug manufacturing and m...

January 9, 2010 4:47 PM

Azad invites NRI drug manufacturers to invest in India

Health Minister Ghulam Nabi Azad said that there is a big opportunity for investment in the drug manufacturing sector. Addressing delegates at the Pravasi Bhartiya Divas in New Delhi, he said, with the country's capacity to manufacture medicines at competitive prices and drugs worth 80 mill...

January 8, 2010 6:11 PM

Sensex closes at 17,540.29 down by 75 points

Amidst high volatile trade, the benchmark index at the Bombay Stock Exchange today closed at 17,540.29 losing 75.43 points. Heavy profit booking in the shares of technology, telecom, metal, oil and gas and select banking and financial companies pulled the markets down; while some buying was seen in ...

January 8, 2010 11:18 AM

Rupee falls by 8 paise in early trade

The rupee depreciated by 8 paise to 45.75 a dollar in early trade on Friday as the US currency strengthened against major global currencies.At the Forexmarket, the domestic unit rupee had ended 17 paise higher at 45.67 a dollar in the previous trading.Dealers said, dollar's gains against ma...

January 8, 2010 10:38 AM

Sensex gains 32 points in early trade

The Bombay Stock Exchange benchmark Sensex gained 32 points in early trading on fresh buying triggered by expectations of better corporate earnings in the third quarter.The 30-share index rose by 32.32 points to 17,648.04 points in the first five minutes of trading.The wide-based National Stock Exch...

January 7, 2010 7:44 PM

Sensex dips 85 points on profit booking

Snapping a four session rally, the Sensex at the Bombay Stock Exchange fell 85 points, or 0.5 per cent, to 17,616, on profit-booking, today. The Nifty at the National Stock Exchange lost 19 points, or 0.4 percent, to 5,263. Stock markets in Japan, China, Hong Kong, South Korea and Singapore fell bet...

January 7, 2010 7:04 PM

LN Mittal proposes to set up 30K crore steel plant in Karnataka

Steel magnate L N Mittal is believed to have proposed on Thursday setting up a 30,000 crore rupees integrated steel plant in Karnataka when he called on the Chief Minister B S Yeddyyurappa. Mittal, who leads the world's largest steel maker ArcelorMittal, has shortlisted different sites near...

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