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October 1, 2009 12:12 PM
Domestic telecom giant, Bharti Airtel has called-off discussions with MTN for a 23-billion dollar merger deal, saying the South African government has rejected the proposed structure. This is the second time in just over a year that the Sunil Mittal-led Bharti Airtel has been forced to abandon talks...
October 1, 2009 12:10 PM
Domestic telecom giant, Bharti Airtel has called-off discussions with MTN for a 23-billion dollar merger deal, saying the South African government has rejected the proposed structure. This is the second time in just over a year that the Sunil Mittal-led Bharti Airtel has been forced to abandon talks...
October 1, 2009 11:52 AM
The wide-based national stock exchange index Nifty crossed the crucial 5,100-points level in early Thursday morning trade while the BSE benchmark Sensex rose over 68 points to quote at 17195.Sensex was at up by 10 points at 17137 when reports last came in. Nifty was trading flat at 5082.Brokers said...
October 1, 2009 11:43 AM
The Indian rupee strengthened by 23 paise to a two-month high of 47.87 against dollar in opening trade on Thursday. Dealers said dollar selling by exporters and weaker US currency overseas mainly supported the Indian rupee. On Wednesday, the rupee closed 13 paise lower at 48.10/11.
October 1, 2009 1:02 AM
The Reserve Bank of India (RBI) on Wednesday extended the tenure of the working group to review the system of loan pricing by banks to improve transmission of monetary signals on to interest rates in the economy. The central bank said it has extended the tenure of the working group on the Benchmark ...
September 30, 2009 9:41 PM
The Sensex at the Bombay Stock Exchange surged 274 points, to cross the 17,000-point level for the first time in 17 months, and close at 17,127, today. The Nifty at the National Stock Exchange spurted 77 points, to 5,084. The market rose on optimism about the second quarter corporate earnings, expec...
September 30, 2009 8:39 PM
Domestic telecom giant, Bharti Airtel today called-off discussions with MTN for a 23-billion dollar merger deal, saying the South African government has rejected the proposed structure. This is the second time in just over a year that the Sunil Mittal-led Bharti Airtel has been forced to abandon tal...
September 30, 2009 3:41 PM
The Sensex at the Bombay Stock Exchange spurted 176 points, or 1.1 per cent, to surge past the 17,000 point level for the first time in 16 months, to 17,028 in early trade, on Wednesday. Continued buying by foreign funds on expectations of strong quarterly corporate earnings lifted the market. Remai...
September 30, 2009 2:35 PM
With investors remaining bullish about the economy and indulging in some hectic buying at Blue Chip counters, the Sensex crossed the psychological 17,000 mark on Wednesday the early trade. The Bombay Stock Exchange benchmark Sensex shot up by nearly 104 points to 16956 with oil and gas, IT, Metals a...
September 30, 2009 11:05 AM
The Bombay Stock Exchange benchmark Sensex on Wednesday shot up by nearly 104 points in early trade on higher capital inflows from foreign funds. The 30-share BSE Sensex rose by 103.69 points to 16,956 points in opening trade with oil and gas, IT, metals and auto sector stocks leading the rally. The...
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