CREDAI submits suggestions on Union Budget 2010-11
New Delhi, Feb 9 : The Confederation of Real Estate Developers' Associations of India (CREDAI),has recently submitted its suggestions and recommendations pertaining to the forthcoming Union Budget 2010 -11, to Union Finance Minister Pranab Mukherjee recently.

India's IT-BPO market to touch USD 285 billion by 2020: Report
Kolkata, Feb 9 : India's IT-BPO market (including exports) could touch USD 285 billion in 2020 growing at a CAGR of 15 percent, according to a report by KPMG and ASOCIO titled 'Asia-Oceania Vision 2020: Enabling IT leadership through collaboration'.

eBay India launches Valentine's Day campaign
Kolkata, Feb 9 : India's leading eCommerce marketplace-eBay India-Tuesday announced the launch of the integrated Valentine's Day Campaign - It's All About Loving Yourself.

Samsung aims to sell 1 mn ACs in 2010
Noida, Feb 9 : Samsung India Electronics Pvt. Ltd. Tuesday announced aggressive plans to capture the Indian AC market and said the company aims to sell a total of one million ACs this year, thereby garnering a market share of over 30pc for 2010.

Sony gets USB connection for its Home Theatres
Kolkata, Feb 9 : Keeping its commitment of making a positive difference to Indian consumer's lifestyle, Sony has introduced a brand new line-up of its Home Theatre Systems where movies can be played through USB connections.

L and T bags Rs.582 cr electrical projects
Mumbai, Feb 9 : Electrical and Gulf Projects Operating Company - a part of L and T's Construction Division - has bagged orders worth Rs.582 crore from various customers for four electrical projects in India and UAE, the company said on Tuesday.

Sensex ends above 16k, gains by 106.57 pts
Mumbai, Feb 9: The key benchmark Sensex of the Bombay Stock Exchange (BSE) rallied for the third consecutive session today by 106.57 points to end above 16k and settle at 16,042.18 on heavy speculative demand from Foreign Institutional Investors (FIIs) and bullish global advice.

Rupee recovers by 17 paise to settle at 46.66 against dollar
Mumbai, Feb 9 : The rupee today recovered smartly by 17 paise to strengthen at 46.66 per dollar on heavy offloading of the greenback by exporters and bankers along with firm trend in equity markts, traders at the Interbank Foreign Exchange (FOREX) said here.

Gold down by Rs 65 per ten gm
Mumbai, Feb 9 : A mixed trend was seen in precious metals today with Gold down by Rs 65 per ten gm to Rs 16,210 and Silver remained steady at Rs 24,990 per kg on lower buying support from industrial users, traders at Bombay Bullion Assocition (BBA) said.

Decision on stimulus package for exporters this week
New Delhi, Feb 9: Commerce Minister Anand Sharma will meet Finance Minister Pranab Mukherjee later this week to take a decision on stimulus packages for the exporters for the next fiscal, Commerce Secretary Rahul Khullar said Tuesday.

Sensex closes 106 points higher, ends above 16,000
Mumbai, Feb 9: A benchmark index of Indian equities Tuesday shut shop 106 points higher and above the psychologically important 16,000-mark, pushed up primarily by IT and healthcare stocks.

Grasim Inds up by 4.81 per cent to Rupees 2,681.65
Mumbai, Feb 9 : Shares of Grasim Ind today went up by 4.81 per cent to Rupees 2,681.65, leading the top gainer stocks in Group A, on the Bombay Stock Exchange (BSE) at the end of the session.

Reliance Com set to launch Applications Store through RWorld
Mumbai, Feb 9 : Reliance Communications, India's largest and only nationwide operator offering both GSM and CDMA mobile services, today announced that it will shortly be launching its Mobile Applications Store in India available for customers through its data portal 'RWorld'.

Groundnutseed, its oil steady, RBD palm oil up
Mumbai, Feb 9 : Groundnutseed and its oil remained steady, while RBD palm oil slightly rose today on improved demand from local dealers, traders at the Bombay Commodity Exchange (BCE) said.

LIC launches unit-linked plan 'Wealth Plus'
Pune, Feb 9 : Life Insurance Corporation of India has launched a unit-linked insurance plan called 'Wealth Plus' here today.

Paramount Air ties up with Hotel Leelaventure
Mumbai, Feb 9 : Paramount Airways has announced a strategic alliance with Hotel Leelaventure Limited.

FCH CentrumDirect to issue Foreign Currency DDs
Hyderabad, Feb 9 : FCH Centrum Direct Ltd, a category II Authorised Dealer, today announced it was now equipped to issue Foreign Currency Demand Drafts in various currencies across the counter apart from other outward remittance facilities to cater to its growing clientele.

Blue Coat opens new product devp. centre in India
Bangalore, Feb 9 : Blue Coat Systems, the technology leader in Application Delivery Networking, opened a product development centre here today.

Sugar prices fall
Mumbai, Feb 9 : A negative trend was seen in the wholesale sugar prices for the third consecutive day today on higher stockists supply, traders at the Bombay Sugar Merchant's Association (BSMA) said.

Sensex rises 94 points to end above 16,000
Mumbai, Feb 9 : A benchmark index of Indian equities Tuesday shut shop 94 points higher than its last close to close above the 16,000-mark.

Dr Car ties up with National General Insurance for car insurance
Hyderabad, Feb 9 : Hyderabad-based Dr Car, India's largest and credible platform for people to buy and sell used cars, today announced that it has tied up with National General Insurance to offer lowest rates in car insurance to customers.

Sensex rises 154 points, crosses 16,000-mark
Mumbai, Feb 9 : A benchmark index of Indian equities shot up Tuesday afternoon to rule 154 points higher than its last close, after trading sluggishly during the morning session.

Precious metals decline
Mumbai, Feb 9 : Precious metals drifted lower in the opening session today, as Silver eased by Rupees 20 per kg and Gold dipped by Rupees 40 per ten gm, due to sluggish demand from industrial users, traders at the Bombay Bullion Association (BBA) said.

Subex to raise Rupees 48 crore
Bangalore, Feb 9 : Subex Limited, a leading global provider of Operations and Business Support Systems, will raise up to Rupees 48 crore through a Preferential Placement with an investment company of the Promoter Subash Menon.

Unemployment, continuing recession a major challenge to IT sector:NA
Mumbai, Feb 9 : The voice of the IT industry in India, National Associationof Software and Services Companies (NASSCOM) today said the single most challenge facing the sector's growth in the country was the growing unemployment concerns across the country and the increasing protectionism trends.

SAIL Bhilai unit set to return to normal production
Raipur, Feb 9 : Fire-hit Bhilai Steel Plant, the largest unit of public sector Steel Authority of India Ltd (SAIL), will soon return to its normal production of about 17,000 tonnes hot metal a day.

Sensex sluggish, up 43.72 points
Mumbai, Feb 9 : A benchmark index of Indian equities Tuesday continued to trade marginally higher with investor sentiments still in favour of selling.

USD, Euro, Yuan costlier; Yen cheaper
Mumbai, Feb 9 : Following are the indicative currency notes and travellers cheques buying and selling rates per unit as given by Thomas Cook India.

Bajaj Electricals target Rs 5000 cr net sales in 4 years
Bangalore, Feb 8 : Consumer durable and lighting major Bajaj Electricals, which is on an upward trend with good growth and a overwhelming response to is recent QIP issue, is eyeing to achieve a net sales target of Rs 5000 crore in the next four years, a top company official today said.

Centre takes initiative to increase supply in market: FM
Kolkata, Feb 8 : Assuring that price rise would be controlled soon, Union Finance Minister Pranab Mukherjee today said an initiative had been taken by the government to increase supply in the market.

Rupee gains by 4 paise to 46.79 against USD
Mumbai, Feb 9 : Snapping a losing streak of the last three days, the Rupee today gained by four paise to 46.79 against US Dollar in the early trade, as against its previous close of 46.83 per USD, on sustained selling of the greenback by exporters and others, traders at the Interbank Foreign Exchange (FOREX) said here.

JSW Steel plans to complete Salboni project in three years
Kolkata, Feb 8 : Steel maker JSW Steel Ltd will complete the first phase of its project in West Bengal's Salboni in three years, its managing director Sajjan Jindal said here Monday.

East India Company coming to India again: report
London, Feb 8 : East India Company, whose forces once ruled over much of India, is coming to India again but under Indian ownership this time around, a British newspaper reported Monday.

RBI to host international meet on financial inclusion
Bangalore, Feb 8 : The Reserve Bank of India (RBI) will host an international convention on "financial inclusion and financial literacy" here March 22 as part of its platinum jubilee celebrations.

Bajaj Electricals eyes diversification, acquisitions
Bangalore, Feb 8 : Consumer durables and lighting major Bajaj Electricals plans to diversify into synergistic areas and scout for acquisitions to ramp up growth, the company said here Monday.

India-Arab trade can double by 2014: Anand Sharma
New Delhi, Feb 8 : India will strive towards doubling its trade with the Arab region by 2014, Commerce Minister Anand Sharma said here Monday.

Deepak Chhibba named CEO of M and M-BAE Systems defence JV
New Delhi, Feb 8 : Deepak Chhibba was Monday named CEO of the Mahindra and Mahindra-BAE Systems joint venture, Defence Land Systems India, with Arne Berglund as his deputy.

Sensex ends flat on volatile day
Mumbai, Feb 8 : A benchmark index for Indian equities closed flat on a volatile day of trade Monday, giving up late gains even as traders ignored the latest government growth estimates.

India projects 7.2 percent economic growth for this fiscal
New Delhi, Feb 8: Spurred by a turnaround in factory output, India Monday forecast its economic growth for this fiscal at 7.2 percent, against 6.7 percent achieved in the previous fiscal, despite a 0.2 percent decline predicted in the farm output.

Turkish cargo handling firm to invest USD 100 mn in India
New Delhi, Feb 8: Celebi Holding, a major player in the Turkish airport ground handling and cargo operations, Monday said it will invest USD 100 million (Rs.500 crore) in India after bagging contracts for Delhi and Mumbai international airports.

Sensex ends slightly up by 19.96 pts to 15,935.61
Mumbai, Feb 08 : The Sensex of the Bombay Stock Exchange (BSE) was slightly up today by 19.96 pts to settle higher at 15,935.61 pts in a choppy trade on scattered bull support by local operators and better global cues.

Mixed trend in precious metals
Mumbai, Feb 8 : A mixed trend prevailed in the precious metals today, with Silver declining by Rs 80 per kg to finish in the red at Rs 24,990 on sluggish demand, while Gold slightly rose by Rs 15 per ten gm to finish in the green at Rs 16,275 on improved demand from ornament makers, traders at Bombay Bullion Assocition (BBA) said.

Rupee ends weaker by 9 paise at 46.83 against dollar
Mumbai, Feb 8 : The Rupee today weakened by nine paise at 46.83 against the dollar on sustained selling pressure on the greenback by bankers and better trend in equity markets, traders at the local Interbank Foreign Exchange (FOREX) said here.

Bharti Airtel up by 2.70 pc to Rupees 308.30
Mumbai, Feb 8 : Shares of Bharti Airtel today went up by 2.70 per cent to Rupees 308.30, leading the top gainer stocks in Group A, on the Bombay Stock Exchange (BSE) at the end of the session.