Copyright \xa9 Yahoo! Web Services India Pvt Ltd. All Rights Reserved. http://in.news.yahoo.com/business-financial-express.html en-en Fri, 05 Sep 2008 16:06:28 +0530 5 http://in.news.yahoo.com/business-financial-express.html /images/logo.gif 30 140 http://in.news.yahoo.com/241/20080905/1019/tbs-rupee-falls-to-lowest-since-december.html /241/20080905/1019/tbs-rupee-falls-to-lowest-since-december_1 Fri, 05 Sep 2008 16:06:28 +0530 The rupee fell to its lowest since December 2006 on Friday, as a stock market slide triggered concerns of further foreign fund outflows. FE http://in.news.yahoo.com/241/20080905/1019/tbs-oil-drops-to-usd-106-38-a-barrel.html /241/20080905/1019/tbs-oil-drops-to-usd-106-38-a-barrel_1 Fri, 05 Sep 2008 16:06:28 +0530 Oil prices fell more than $1 on Friday as flagging US demand and the stronger dollar extended crude's losses to 8 per cent this week. FE http://in.news.yahoo.com/241/20080905/1264/tbs-d-subbarao-takes-the-reins-at-rbi.html /241/20080905/1264/tbs-d-subbarao-takes-the-reins-at-rbi_1 Fri, 05 Sep 2008 16:06:28 +0530 Duvvuri Subbarao took over as Governor of the Reserve Bank of India on Friday afternoon, succeeding Y.V. Reddy whose term has come to an end. FE http://in.news.yahoo.com/241/20080905/1264/tbs-sebi-moots-higher-shareholding-cap-i.html /241/20080905/1264/tbs-sebi-moots-higher-shareholding-cap-i_1 Fri, 05 Sep 2008 16:06:28 +0530 Market regulator SEBI proposed raising the cap on shareholding in stock exchanges to 15 per cent from 5 per cent now, but sought to limit such a privilege to individual investors like bourses, depositories, banks, clearing corporations and insurance companies. FE http://in.news.yahoo.com/241/20080905/1019/tbs-markets-plunge-sensex-sheds-over-400.html /241/20080905/1019/tbs-markets-plunge-sensex-sheds-over-400_1 Fri, 05 Sep 2008 16:06:27 +0530 Sensex shed more than 3 per cent on Friday as growing worries about the health of the global economy battered Asian markets, with export-focused software services companies falling sharply. FE http://in.news.yahoo.com/241/20080905/1264/tbs-no-immediate-cut-in-fuel-prices-deor.html /241/20080905/1264/tbs-no-immediate-cut-in-fuel-prices-deor_1 Fri, 05 Sep 2008 16:06:27 +0530 Petroleum Minister Murli Deora on Friday ruled out any immediate cut in fuel prices, saying international prices will have to fall further to trigger a retail price reduction. FE http://in.news.yahoo.com/241/20080905/1264/tbs-union-bank-raises-rs-200-cr-through.html /241/20080905/1264/tbs-union-bank-raises-rs-200-cr-through_1 Fri, 05 Sep 2008 16:06:27 +0530 Public sector lender Union Bank of India on Friday raised additional capital to the tune of Rs 200 crore by issuing perpetual bonds. FE http://in.news.yahoo.com/241/20080905/1264/tbs-ongc-imperial-deal-in-5-weeks-deora.html /241/20080905/1264/tbs-ongc-imperial-deal-in-5-weeks-deora_1 Fri, 05 Sep 2008 16:06:27 +0530 India hopes to conclude the acquisition of UK-listed Imperial Energy in 4-5 weeks, Petroleum Minister Murli Deora said on Friday. FE http://in.news.yahoo.com/241/20080905/1264/tbs-futures-ban-on-4-commodities-to-end.html /241/20080905/1264/tbs-futures-ban-on-4-commodities-to-end_1 Fri, 05 Sep 2008 16:06:27 +0530 India's ban on futures trading in soyoil, potato, rubber and chickpea is likely to end on Saturday, when the current restrictions lapse, as government officials are not pushing for an extension. FE http://in.news.yahoo.com/241/20080905/1264/tbs-parsvnath-to-build-group-housing-pro.html /241/20080905/1264/tbs-parsvnath-to-build-group-housing-pro_1 Fri, 05 Sep 2008 16:06:26 +0530 Realty firm Parsvnath Developers Ltd on Friday said it would build a group housing project at Indore in Madhya Pradesh, with an expected realisation of about Rs 60 crore. FE