Bussines News

Mumbai, Nov 12 (IANS) Indian equities markets were trading dull Thursday afternoon even as the benchmark index ruled in a volatile zone. Other Asian markets were no different with key indices ending in the red.

Mumbai, Nov 11 (IANS) Indian equities markets opened quietly Wednesday with a flat benchmark index and broader market indices signifying low level of transactions.

Bhubaneswar, Nov 10 (IANS) Paradip Port Trust Tuesday signed a concession agreement with Essar Paradip Terminals for construction of deep draught coal berth, the port authorities said.

Mumbai, Nov 10 (IANS) A key index of Indian equities markets snapped its four-day rally Tuesday and shut shop 58 points lower than its previous close.

Mumbai, Nov 10 (IANS) After a sharp rise of 178 points, a key index of the Indian equities markets slipped into the red around noon Tuesday and was ruling 85 points lower about 90 minutes before the closing bell.

Mumbai, Nov 6 (IANS) Indian equities opened decisively higher at all bourses Friday with sentiment lifted by the government's decision a day before to ensure at least 10 percent divestment in all profitable state-run enterprises and their subsequent listing.

Munich, Nov 6 (DPA) The family of Indian steel magnate Lakshmi Mittal is to buy insolvent German fashion house Escada, the company said Thursday.

Mumbai, Nov 5 (IANS) Buoyed by the government's decision to offload at least 10 percent stake in all profit-making state-run firms, a key index of Indian equities markets Thursday climbed up in the last minutes of trading to shut shop above the 16,000-mark.

Dubai, Nov 4 (IANS) More than 50,000 travel industry professionals from across the globe, including from the United Arab Emirates (UAE), will take part in the 30th edition of World Travel Market exposition in London Nov 9-12, WAM news agency reported.

Mumbai, Nov 4 (IANS) A benchmark index of the Indian equities markets rallied smartly to end 507 points higher Wednesday, recouping the previous day's losses and more.

Mumbai, Nov 4 (IANS) A benchmark index of the Indian equities markets rallied smartly to end 523 points higher Wednesday, recouping more than the previous day's losses.

New York, Nov 4 (DPA) US consumer goods and pharmaceutical company Johnson & Johnson said Tuesday it would cut around 8,000 jobs in a bid to trim costs in the wake of the recession.

Mumbai, Nov 3 (IANS) A benchmark index of the Indian equities markets fell sharply by 491 points to touch a two-month low Tuesday, with investors dumping stocks especially of realty, metals, energy and power companies.

New York, Nov 3 (DPA) US stocks started the week stronger Monday amid a surge of positive economic news and surprising profits for carmaker Ford.

Shimla, Oct 30 (IANS) Himachal Pradesh-based food processing company Himalya International Friday said its net profit for the quarter ended Sep 30 rose to Rs.8.78 crore from Rs.6.47 crore in the like period last year.

Mumbai, Oct 30 (IANS) A key Indian equity index Friday closed 0.97 percent down for the fifth consecutive day to end below 16,000 points.

Mumbai, Oct 30 (IANS) A key Indian equity index Friday closed 1.07 percent down for the fifth consecutive day to end below the 16,000 points.

Mumbai, Oct 30 (IANS) A key Indian equity index slipped into the red Friday after gradually moving down from its morning highs. The benchmark index was ruling 0.2 percent in the negative.

Mumbai, Oct 29 (IANS) Benchmark indices at Indian equity markets continued to languish in the negative terrain as selling continued across the board, with realty, metal, auto and banking stocks bearing the brunt of it.

New Delhi, Oct 28 (IANS) State-run gas utility GAIL India has posted a 30 percent fall in net profit for the quarter ended Sep 30 at Rs.713 crore as compared to Rs.1,023 crore reported in the like period last year.