Business

November 12, 2009 10:29 AM

Rupee weakens by 11 paisa against US dollar

The rupee on Thursday depreciated by 11 paise to 46.41 against the US currency in early trade largely on fresh demand for the US currency from importers.However, dollar's weakness against other major currencies, prevented major losses in rupee. At the Interbank Foreign Exchange (Forex) mark...

November 12, 2009 10:11 AM

Air India posts net loss of Rs 5548 crore in 2008-09

Air India has suffered a net loss of 5,548 crore Rupees in 2008-2009, as its total revenue declined by around 2,000 crore Rupees compared to the previous fiscal. The losses came down 7,200 crore to 5,548 Rupees the from the last fiscal.The Air India board, which met in Chennai on Wednesday, approved...

November 12, 2009 10:04 AM

MNCs working against Indian Pharma Industry, Sharma tells WIPO head

India has lodged a complaint to the UN intellectual property rights body, that some multinational firms have launched a campaign against the country's pharmaceutical industry.The Commerce and Industry Minister Mr.Anand Sharma informed , the Director General of Geneva-based World Intellectua...

November 11, 2009 8:53 PM

Air India losses come down to 5,548 crore from 7,200 crore rupees last fiscal

Air India has suffered a net loss of 5,548 crore Rupees in 2008-2009, as its total revenue declined by around 2,000 crore Rupees compared to the previous fiscal. The losses came down 7,200 crore to 5,548 Rupees the from the last fiscal.The Air India board, which met in Chennai today, approved the an...

November 11, 2009 6:56 PM

Air India: 5,548 crore net loss in last fiscal

Air India has suffered a net loss of 5,548 crore Rupees in 2008-2009, as its total revenue declined by around 2,000 crore Rupees compared to the previous fiscal. The losses came down 7,200 crore to 5,548 Rupees the from the last fiscal.The Air India board, which met in Chennai today, approved the an...

November 11, 2009 6:53 PM

India , France joint venture to set up civil-nuclear power plants

India and France are expected to finalise by next year the contract for setting up of two civil-nuclear power plants in Maharashtra through a joint venture.Describing the negotiation between Nuclear Power Corporation of India Limited (NPCIL) and France's nuclear company Areva as quite well,...

November 11, 2009 5:17 PM

Sensex jumps over four hundred points

The Bombay Stock Exchange benchmark Sensex soared by 409 points today.The Sensex, which ended with losses in the previous session, rebounded to settle the day higher by 409 points at 16,849 a level last seen on October 23. In a similar fashion, the National Stock Exchange index Nifty shot up 122 poi...

November 11, 2009 4:57 PM

Sensex jumps over four hundred points

The Bombay Stock Exchange benchmark Sensex soared by 409 points today.The Sensex, which ended with losses in the previous session, rebounded to settle the day higher by 409 points at 16,849 a level last seen on October 23. In a similar fashion, the National Stock Exchange index Nifty shot up 122 poi...

November 11, 2009 3:08 PM

Next financial year appropriate time for stimulus withdrawal :PM council

The Prime Minister's Economic Advisory Council says that the most appropriate timing for a gradual rollback of the fiscal stimulus package would be the next financial year. The Chairman of the Prime Minister's Economic Advisory Council Dr. C Rangarajan said in New Delhi today that ...

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