Bussines News

Toronto, Oct 2 (IANS) India's Premier's Tea, which claims to process the world's purest tea at its state-of-the-art facility, has entered the North American market.

Mexico City, Oct 1 (DPA) Mexican multi-billionaire Carlos Slim thinks Latin America 'is going to become important for the economy of the United States,' in light of the current economic and financial crisis in the affluent neighbour to the north.

Brussels, Oct 1 (DPA) The European Commission Wednesday gave the green light to Germany's Deutsche Bank's purchase of some Dutch ABN Amro assets from troubled Benelux giant Fortis, judging that it would not harm competition in Europe.

Mumbai, Oct 1 (IANS) The Bombay Stock Exchange (BSE) Wednesday launched a currency derivatives segment (BSE-CDX) on the dollar-rupee platform.

Mumbai, Oct 1(IANS) After an initial stutter, Indian equities markets fell in line with global markets and came back to finish in the green Wednesday on renewed hopes that the US $700 billion bailout plan will be revived.

Mumbai, Oct 1(IANS) Indian equities markets fell in line with global markets and came back into the green by Wednesday mid-afternoon with stocks surging on news that the US $700 billion bailout plan was being revived.

Mumbai, Oct 1 (IANS) After a day of gains Tuesday when the rest of world markets kept going down, Indian equities markets Wednesday again showed a contrary trend by going into the red even as other world markets bounced back.

Mumbai, Oct 1 (IANS) The Bombay Stock Exchange launched its currency derivatives segment in dollar-rupee currency futures here Wednesday, chief operating officer M.L. Soneji said.

Mumbai, Sep 30(IANS) Indian equities markets Tuesday bucked an all-round global trend of a sea of red to end in the green despite grim global cues, surprising analysts.

Mumbai, Sep 30(IANS) With a strong assurance coming from C.B. Bhave, chairman of the Indian market regulator Securities and Exchange Board of India (SEBI) Tuesday morning, Indian equities markets bucked the global trend of a sea of red to recover after opening weak, and ended the day in the green.

Mumbai, Sep 30 (IANS) With C.B. Bhave, chairman of the Indian market regulator Securities and Exchange Board of India (SEBI) meeting the media Tuesday morning in a bid to calm investors, Indian equities markets returned to green after opening weak.

Mumbai, Sep 30 (IANS) With Indian Finance Minister P. Chidambaram hurriedly calling a press briefing on the financial crisis, investor nerves were somewhat calmed as Indian equities markets opened very weak only to recover somewhat, but remained in the red 45 minutes into trading Tuesday morning.

Srinagar, Sep 30 (IANS) As Eid-ul-Fitr, the Muslim festival marking the end of month-long fasting, draws closer, buying is at a feverish pitch with people in the Kashmir valley thronging markets to shop, jostling, haggling and pushing one another to jump the queue.

Sydney, Sep 30 (DPA) Australian stocks slid 3.8 percent Tuesday on news that the US Congress had voted down the long-awaited bail-out package for Wall Street.

Mumbai, Sep 29(IANS) Indian equities market ended deep in the red on all round nervousness following the US financial contagion spreading to Britain and mainland Europe and the US Congress announcing a much diluted version of the $700 billion bailout plan, analysts said.

Mumbai, Sep 29 (IANS) Despite the US Congress passing legislation for the unprecedented $700 billion bailout for troubled assets, Indian equities markets opened weak and slid into the red on short selling and large institutional sales, analysts said.

Mumbai, Sep 26(IANS) Indian equities markets opened weak and continued to slide to end deep in the red following news that the $700 billion US bailout plan is still to be cleared and the US troubles are far from over, analysts said.

Mumbai, Sep 26(IANS) Indian equities markets opened weak Friday and continued to slide half an hour into trading on weak global cues, especially in the Asian markets, analysts said.

Mumbai, Sep 25(IANS) The Indian equities markets closed in the red on continuing political uncertainty over the $700 billion US bailout plan, analysts said.

Mumbai, Sep 25(IANS) Indian equities markets opened flat and slipped into the red after 30 minutes of trading on continuing political uncertainty over the $700 billion bailout plan in the US, analysts said.