Sensex down 256 pts, closes at 13,381
The BSE Sensex fell
1.9 percent on Wednesday, taking losses
to more than a tenth over seven
consecutive sessions, with the slide led by
financials as sentiment weakened for the
sector globally.
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ABW Infrastructure to develop
railway surplus land
Railways has finally
given its nod to award contract of 11
hectares of its vacant land in the capital to
private developers for commercial
development on a 90-year lease.
"Sarai Rohilla becomes |
Commodity market players
unfazed by Lehman fallout
: Unfazed by huge FII
outflows from the stock markets in the
wake of Lehman crisis, commodity market
players on Wednesday said that foreign
investors should still be allowed in the
country.
Ask |
'Strong case for relaxing curbs on overseas borrowings'
The government may
consider relaxing external commercial
borrowing (ECB) norms by this month-end
to help India Inc access funds overseas.
However, the ECB policy should not be
linked to the |
TCS signs five-year IT contract with Ericsson
: Country's largest
software exporter Tata Consultancy
Services has signed a five-year global
contract with Swedish company Ericsson
to deliver application maintenance and
development services.
|
Duncans to sell tea through post offices
: Duncan Goenka
group, which is giving a boost to its tea
products with foray into premium segment
and green tea category, is in talks with the
postal department to sell its products.
|
ICICI denies rumours of
selling bank's shares
Country's largest
private sector lender ICICI Bank on
Wednesday said its top management
members have not sold any shares of the
bank during the current year.
The clarification came following mar |
Pyramid Saimira JV launches cineplex in China
Entertainment
conglomerate Pyramid Saimira Theatre
along with Longzhe Culture and Theatre
has launched its first-ever cineplex in
China and is planning to invest Rs 150
crore in the next six mon |
Cyber squatters seek to cash on Lehman crash
Many find business
opportunities even in a crisis. The collapse
of Lehman Brothers into the world's
biggest-ever bankruptcy has led to
hundreds of Internet domain names
related to the 158-year i |
Hindustan Sanitaryware eyes acquisition in Europe
o tap the growing
overseas sanitary items market,
sanitaryware major Hindustan Sanitaryware
and Industries Limited (HSIL) is looking at
acquiring a company in Europe which will be
the its first |
'Inflation to come down to 10 %'
New Delhi, Sept 15: Rajya Sabha
member and former chairman of Prime
Minister's economic panel C Rangarajan
on MOnday said he expects inflation to
ease to 10 percent by December.
At the Interbank |
Weak gloal cues drag Sensex to below 14K level
Markets on Monday partly recovered the massive early losses of over 728 points with the benchmark
Sensex ending the day lower by nearly 470
points to close below the 14,000 level.
The Bombay Stock |
Indian contract manufacturing market
to touch USD 2.46 billion
Indian contract manufacturing market is expected to touch
USD 2.46 billion by 2010 with a CAGR of
41.7 per cent from USD 869 million in 2007,
a report said.
"Indian companies, through their
high |
Lehman invested Indian firms lose over Rs.2,000 croress
: Lehman Brothers' move to file for bankruptcy on Monday wiped off more
than Rs 2,000 crores from the market valuation
of those Indian companies in which the US
financial major has made equity inve |
ONGC resists Finance Ministery's directive on surplus funds
Oil and Natural Gas Corp (ONGC) has opposed Finance Ministry's directive asking it to stop inviting competitive bids from banks for parking
surplus funds as it may lose Rs 400 crore in
interest reve |
IndusInd Bank will overtake peers
in next 3 years: Hinduja
Hindujas-promoted IndusInd Bank will overtake its peers in the
next three years, by leveraging its strong
capital base that gives the bank enough
headroom to lend more, Group Chairman
S.P. Hinduja |
BSNL to conduct opinion poll among employees on IPO
Confident of overwhelming support from employees to
its public listing plans, state-owned Bharat
Sanchar Nigam Ltd will shortly conduct an
opinion poll among employees on the
proposed IPO before c |
SICCI award for Subhiksha MD R.Subramanian
ML Ph
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rd for Sub |
Emami sweetens open offer for Zandu Mumbai,
Chennai Sept. *
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Etihad Airways in code-share pact with Malaysia Airlines
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Airlines to be penalised for not compensating offloaded passengers
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Stadco sets up centre in Chennai
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Investors in IPOs lost over Rs 5,000 cr in 2008
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Refusing
investments m t)e ni I c |
'Negative trend in global markets to keep spirit low'
B
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Summit anual B
on Sept |
Sensex tumles 483.02 pts in the week
IL.IF"U LLU, ILALA
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Gold demand to rise ahead of festive season
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Top bankers to address Annual Banking Technology Summit on Sept 16
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