Bussines News

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.

New York, June 21 (IANS) Reliance Industries USA, part of the Mukesh Ambani-led Indian conglomerate, plans to set up its first plant in the US in North Carolina with an investment of $215 million.

Mumbai, June 16 (IANS) Punjab Chemicals and Crop Protection Ltd Monday announced a consolidated profit after tax (PAT) of Rs.265 million during fiscal 2007-08 compared to Rs.70 million the previous year, recording a growth of 276.56 percent.

Chennai, June 16 (IANS) Japanese bike maker Yamaha is looking to regain lost ground in the highly-competitive Indian two-wheeler market with the brand new Sports bike YZF-R15.

Mumbai, June 16 (IANS) The shares of Reliance Communications, which is in tie-up talks with South African telecom giant MTN, fell 1.7 percent Monday over a rival group's claim that it has the first right over its majority equity, should it be sold.

Bangalore, June 15 (IANS) Swedish transport solutions major AB Volvo is gearing up to emerge as the preferred choice of public transport in Indian cities.

Ahmedabad, April 21 (IANS) Vitrified tile maker Asian Granito India Ltd (AGIL) has marked an impressive performance in 2007-08 fiscal. The company posted a growth of 26.27 percent in its total earnings of Rs.2.4 billion ($60 million) in the period, said the unaudited figures released Monday.

Chennai, March 9 (IANS) TVS King, the three-wheeler launched by TVS Motor Company Ltd Sunday here, has undergone an interesting transformation over the past six years.

Mumbai, March 3 (IANS) After opening the day in the red Monday, the Indian equity markets plunged deeply despite Finance Minister P. Chidambaram saying there was no cause for worry.

New Delhi, March 3 (IANS) The fall in Indian stock markets Monday reflect what is happening globally and there was not much cause for worry as India's growth stock was intact, Finance Minister P. Chidambaram has said.

Kolkata, March 1 (IANS) Haldia Petrochemicals Ltd (HPL), a showpiece joint venture project of the West Bengal government, is worried over the proposal in the union budget to re-impose five percent import duty on naphtha.

Mumbai, March 1 (IANS) A day after Finance Minister P. Chidambaram waived bank loans to small farmers in the annual budget, Agriculture Minister Sharad Pawar said here Saturday that farmers need not pay back loans taken from 'unauthorised' moneylenders either.