Business News: General

  • Brazil effect: Sensex falls 213 pts, rupee down 48 paise IE - Fri, Nov 20

    Brazil's "bizarre" tax measures aimed at stemming the biggest currency rally and inflow of hot money into its capital market unnerved India's financial markets on Thursday.

  • Time to move ahead on timings FE - Fri, Nov 20

    After the initial joy expressed over the move by the Securities & Exchange Board of India (Sebi) to allow the Indian stock exchanges to extend trading timings, the stakeholders are facing the reality of the situation and the verve has now faded.

  • 31 unlisted PSUs could raise Rs 30k crore FE - Fri, Nov 20

    By listing 31 profit-making public sector undertakings (PSUs) with 10% public floats, the exchequer will be richer by a handsome Rs 30,000 crore, according to FE analysis.

  • Private equity firms mull future as asset managers FE - Fri, Nov 20

    Private equity firms will need to become more like asset managers, offering buyouts as just part of their portfolio, or else focus tightly on specific sectors in order to prosper, industry participants said.

  • Food inflation rises to 14.55 pct FE - Thu, Nov 19

    Food inflation rose to 14.55 per cent in the first week of November fuelled by higher prices of staple items like potatoes, onions and pulses.

  • Rupee dips by 35 paise against dollar FE - Thu, Nov 19

    The Indian rupee fell sharply by 35 paisa to 46.55 against the greenback in early trade on Thursday on strong dollar demand amid sluggish equity market.

  • 'No plans to auction rights to tap ECB' FE - Thu, Nov 19

    The government on Thursday ruled out auctioning the rights to borrow money from overseas market (ECB) to corporates to check capital inflows and said that the surge in foreign money is not a matter of concern at present.

  • Gold futures hover near all-time high FE - Thu, Nov 19

    India gold futures edged higher on Thursday to hover near their all-time high boosted by a weaker rupee and stronger-than-expected US consumer prices stoking inflationary concerns, analysts said.

  • Rupee down 18 paise at 46.38 a dollar FE - Thu, Nov 19

    The rupee on Thursday depreciated by 18 paise to 46.38 against the US currency in early trade on expectations of capital outflows by foreign funds and dollar demand from importers.

  • Sensex down 70 pts in early trade FE - Thu, Nov 19

    The Bombay Stock Exchange benchmark Sensex on Thursday fell by around 70 points as funds and retail investors indulged in booking profits amid weak Asian markets.

  • Need ID card info, pay: Nandan's revenue model IE - Wed, Nov 18

    You can count on Nandan Nilekani's entrepreneurial spirit to build a revenue model in a project that was originally believed would only add to the government's budget.

  • India targets $50-billion FDI from 2012 ANI - Wed, Nov 18

    India's commerce and industry minister Anand Sharma said on Tuesday that from 2012 the country would be able to attract 50 billion dollars, annually.

  • Foreign funds power Sensex above 17,000 IE - Tue, Nov 17

    Led by Reliance Industries and bank stocks, the benchmark Sensex soared 184 points to close above the 17,000-point level, joining a smart rally in other Asian and European markets.

  • No AI disinvestment, IPO for at least 5 yrs FE - Tue, Nov 17

    Despite equity support from the government, the financial mess at Air India is unlikely to abate soon, as the cash-strapped carrier would not be able to bring in funds through disinvestment or an IPO for a period of at least five more years.

  • Divergent Dollar Index, Sensex indicate higher FII inflows FE - Tue, Nov 17

    In the last one month, at the Bombay Stock Exchange, the Dollar Index has moved opposite to the bellwether Sensex, except for five days.

  • Strong global cues, heavyweight buys cheer mkts; Sensex up 184 pts FE - Tue, Nov 17

    Indian equity indices throughout the trading session remained upbeat and ended the day with smart gains following strong cues from global markets, coupled with buying in the benchmark heavyweight.

  • Vegetable oil imports at record high of 87 lakh tonne in '08-09 FE - Tue, Nov 17

    The country's vegetable oil imports, including edible, non-edible and vanaspati in 2008-09 (November-October), touched an all-time high of 86.6 lakh tonne, up 37% from 63.1 lakh tonne in the previous year.

  • New entrants of 29th IITF all set to showcase their products ANI - Mon, Nov 16

    Cuba, Papua New Guinea, Iraq and Nigeria, first time participants in the 29th India International Trade Fair.

  • The Smart Way To Invest In Your Business Forbes - Mon, Nov 16

    Dileep Rao, Ph.D., Forbes.com
    You are starting a new company and need to find customers. An ad agency just presented you with a slick new campaign promising to do just that. Cost: $250,000. Good investment or bad?

  • Cox and Kings fixes IPO price band FE - Mon, Nov 16

    Travel and hospitality firm Cox and Kings said it has fixed the price band between Rs 316 and Rs 330 for its maiden issue, that will see 29.08 per cent of the company's shares being offered to the public.


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