Business

January 7, 2010 2:08 PM

Market continues to trade in red on profit-booking

The Sensex at the Bombay Stock Exchange fell 40 points, or 0.2 per cent, to 17,661, in early trade on Thursday, on profit-booking. Falling further, the Sensex stood 103 points, or 0.6 percent in the red, at 17,598, a short while ago. Stock markets in China, Japan, South Korea, Singapore, Hong Kong, ...

January 7, 2010 1:22 PM

Food inflation declines to 18.22 pc

Food inflation declined to 18.22 per cent for the week ended December 26.The fall in food inflation is despite the prices of potato and pulses remaining high. Potato remained expensive rising as much as 110 per cent over the last year, followed by pulses whose prices jumped by 42.21 per cent. Vegeta...

January 7, 2010 1:22 PM

Market continues to trade in red in afternoon

Market continues to trade in red in the afternoon trade. The Bombay Stock Exchange benchmark Sensex fell by over 93 points to quote at 17,609when reports last came in. The wide-based National Stock Exchange index Nifty also slipped by 30 points to 5,255. Brokers said profit-booking by funds and reta...

January 7, 2010 12:34 PM

Maruti launches multi-purpose vehicle, Eeco

The country's largest car maker, Maruti Suzuki, on Thursday launched a multi-purpose vehicle, Eeco, at an introductory price between 2.59 lakh and 2.89 lakh rupees. Maruti Suzuki India Managing Director Shinzo Nakanishi told reporters at the 10th Auto Expo in New Delhi that the Eeco is powe...

January 7, 2010 10:30 AM

Rupee at 15-month high

The rupee on Thursday appreciated by 10 paise to hit a 15-month high of 45.74 a dollar in early trade. The currency had ended 40 paise higher at 45.84/85 on Wednesday. Dealers said the dollar's weakness against other Asian currencies and continued capital inflows by funds into equities supp...

January 7, 2010 10:05 AM

Sensex slips over 40 pts in early trade

The Bombay Stock Exchange benchmark Sensex on Thursday fell by over 40 points in early trade. The Sensex was trading at 17655, down by over 45 points when reports last came in. The wide-based National Stock Exchange index Nifty also slipped by 10 points to 5,272. Brokers said profit-booking by funds...

January 7, 2010 9:54 AM

Union Transport Minister formally inaugurates 10th Auto Expo

The 10th Auto Expo was formally inaugurated at Pragati Maidan in New Delhi last evening by Road Transport and Highways Minister, Kamal Nath. Speaking on the occasion, the Minister said that Motor Vehicle Act will be reviewed very soon to comply with the passengers security norms. He also said that t...

January 6, 2010 8:35 PM

Sensex ends with a marginal gain

Rising for the fourth straight day, the Sensex at the Bombay Stock Exchange ended with a slim gain of 15 points, or 0.1 per cent, at 17,701, today. The Nifty at the National Stock Exchange rose 4 points, or 0.1 percent, to 5,282. Stock markets in Japan, Hong Kong, South Korea and Singapore rose betw...

January 6, 2010 8:26 PM

UCO Bank to launch mobile banking service

The nationalized UCO Bank has decided to launch mobile banking service first of its kind in the country to bring more people under banking coverage. The chairman and Managing Director of the Bank, Mr S K Goel said this in Kolkata on Wednesday. Mr Goel informed that the service will be launched on 26...

January 6, 2010 7:52 PM

Union Transport Minister formally inaugurates 10th Auto Expo

The 10th edition of Auto Expo in New Delhi has been formally inaugurated on Wednesday evening by the Union Road transport Minister, Mr Kamal Nath. Speaking on the occasion, the Minister said that Motor Vehicle Act will be reviewed very soon to comply with the passengers security norms. He also said ...

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