A decline of 34 paise for Rupee against dollar! March 18, 2013 10:28
On Monday, the rupee lost 34 paise to Rs. 54.35 in early trade at the Interbank Foreign Exchange, due to increased dollar demand from importers and appreciation of the U.S. currency overseas. According to the…
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Sensex declines by over 183 points in early trade! March 18, 2013 10:15
On Monday, the BSE Sensex declined by over 183 points in early trade, resulting in losses for the second straight session, due to sustained selling by funds amid a weak trend on other Asian bourses.…
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Ratan Tata predicts economic growth in two years March 15, 2013 18:30
Talking on Friday, Ratan Tata predicted that the Indian economy will re-establish itself within two years to more than 7% growth rate. However, it is not all smiles when he talked about the growth. He…
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US Student visas improve by 50% over past year March 14, 2013 17:29
American University degrees were the most sought after statures in the last decade and the trend has fallen over the last two years. The US consulate however has acted quickly before the demand and the…
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25,000 Mahindra XUV 500s recalled to receive replacement March 14, 2013 16:40
XUV 500 is one of the finest and highest selling SUV's in the nation but it is human to err. One batch of these SUV's which have been produced in between 2011 and 2012 were…
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Sensex elevates over 46 points in early trade! March 14, 2013 11:19
On Thursday, causing distinct break in a three-day losing streak, the BSE benchmark Sensex recovered by over 46 points in early trade on emergence of buying by funds amid a mixed trend in other Asian…
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Onion export will not be banned March 13, 2013 15:45
Onion prices are rising steeply and suddenly but the government says this is not linked to the exports that have been in place since long. They rather attributed the reasons to be linked to the…
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Yamaha rolls out new version FZ-S May 01, 2012 17:56
Two wheeler major Yamaha Motors has rolled out new versions into the India market today. The new variants of FZ-S, FZ and Fazer are the new models that would be available in the market. The…
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Wipro to acquire Promax Applications Group May 01, 2012 10:17
Software major, Wipro is all set to acquire Australian based, Promax Applications Group (PAG). Wipro announced this on Monday and said that this take over would be a giant leap in expanding their analytic business.…
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P&G to set up manufacturing unit in Hyd April 30, 2012 13:09
FMCG giant Procter & Gamble has announced that it has decided to set up a manufacturing unit in Andhra Pradesh. The associate director of the company, Madhava Rao has said that the latest decision to…
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Biocon recommends a dividend of Rs. 5 per share April 28, 2012 15:08
Biocon posts Revenues at Rs 2,148 Crores; EBITDA at Rs 579 Crores; PAT at Rs 338 Crores Commenting on the results, Chairman and Managing Director of Biocon Kiran Mazumdar-Shaw stated, “I am pleased with the…
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Fin system in India strong: RBI Dy. Director April 26, 2012 16:31
The Reserve Bank of India deputy director, K C Chakravarthy has said that the financial system in India is very strong irrespective of surveys and ratings. He has today inaugurated a national level seminar on…
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