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Mixed trend in precious metals
Mumbai, Nov 7 : A mixed trend prevailed in the bullion market for the second straight session today, as Silver eased by Rupees 40 at Rupees 27,705 per kg on sluggish demand and Gold advanced by Rupees 60 to Rupees 27,705 per ten gm due to improved demand from ornament makers, traders at the bay Bullion Association (BBA) said.
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Delegates from Pakistan to attend IIM-K workshop
Kozhikode, Nov 7 : About 30 delegates from Nigeria, Sri Lanka and Pakistan and various parts of the country would participate in an international workshop on 'Greenstone' Digial Libraries beginning here on November 23.
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Mixed trend in sugar prices
Navi Mumbai, Nov 7 : A mixed trend was seen in sugar prices today, traders at the Bombay Sugar Merchant's Association (BSMA) said.
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Sensex puts on 262 points during the week
Mumbai, Nov 7 : The Centre's decision on disinvestment in PSUs and simplifying tax structure boosted the Sensex by 262 points, or 1.65 per cent, at 16,158.28 level during the week.
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Fairfax County in US beckons India Inc to invest
Bangalore, Nov 6: Fairfax County in Virginia state Friday invited India Inc to explore business opportunities in the US by investing in the county, especially in defence and aerospace sectors.
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Steel demand will continue to grow: Minister
New Delhi, Nov 6 : Steel Minister Virbhadra Singh today said the domestic demand for steel will continue to grow with an increased expenditure on infrastructure and there is an urgent need to raise capacity of the steel and iron ore firms in a time-bound manner without increasing costs.
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Toyota launches its Technical Education Program in Delhi
New Delhi, Nov 6 : In a programme aimed at enhancing the technical abilities and employability of Industrial Training Institute (ITI) students, Toyota Kirloskar Motor Pvt. Ltd., in collaboration with Toyota Motor Corporation and its nationwide dealer network, has introduced a distinctive training model for Body and Paint Repair (BP) at the Sir C V Raman Industrial Training Institute here.
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Textile Ministry disburses Rs 66,275 cr under TUFS
New Delhi, Nov 6 : Textile Minister Dayanidhi Maran has said his Ministry has disbursed Rs 66,275 crore under the Technology Upgradation Funds Scheme (TUFS) till the first quarter of this fiscal since its inception in 1999.
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BSNL offers per-second billing plan
New Delhi, Nov 6 : Taking a cue from other telecom services providers, state-run Bharat Sanchar Nigam Ltd (BSNL) today introduced per-second billing plan.
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India's imports from Australia stand at AUD 7.58 bn
Mumbai, Nov 6 : India's imports from Australia in 2008-09 were worth Australian 7.58 billion dollar reflecting a share of 3.2 per cent its total imports, said Brain Hayes QC, Special Envoy to India, Government of South Australia.
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S Tel achieves financial closure
Mumbai, Nov 6 : One of the new entrants in the GSM space in India, S Tel Private Limited (S Tel) today announced achieving financial closure for its Rs 2,000 crore project with a consortium of banks led by the IDBI bank coming forward to provide Rs 983 crore.
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SBI extends home loan campaign
Mumbai, Nov 6 : Bringing cheer to home loan seekers, the State Bank of India today announced extension of its My Home Campaign offering lower interest rates till March 31, 2009.
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Rupee ends at a week's high by 23 paise at 46.80/82 per dollar
Mumbai, Nov 6 : The Rupee today closed at a week's high by 23 paise at 46.80/82 against the dollar on heavy offers for the greenback by bankers and exporters in view of strong equity markets, traders at the interbank foreing exchange (forex) said here.
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Precious metals witness mixed trend
Mumbai, Nov 06 : A mixed trend prevailed in the precious metals today with Silver rising by Rs 40 per kg to Rs 27,745 and Gold losing by Rs five per ten gm to Rs 16,605 on sluggish demand from industrial users, traders at the Bombay Bullion Association (BBA) said.
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Sensex ends higher by 94.38 points at 16,158.28
Mumbai, Nov 6 : The Sensex of the Bombay Stock Exchange (BSE) rose for the third consecutive day today by 94.38 points to settle at 16,158.28 on heavy speculative demand from Foreign Institutional Investors (FII's) and mutual funds coupled with bullish global cues.
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Sensex ends firm by 94.38 pts at 16,158.28
Mumbai, Nov 6 : The Sensex of Bombay Stock Exchange (BSE) for the third consecutive day today settled firm at 16,158.28, with big gain of 94.38 points compared to its previous day's level of 16,063.90.
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Government to expand Krishi Vigyan Kendra network
Coimbatore, Nov 6 : The government will open a Krishi Vigyan Kendra (KVK), a centre for agricultural training, in each of the newly created districts across the country, Agriculture Minister Sharad Pawar said here Friday.
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Airtel launches centre on tax issues
New Delhi, Nov 6 : Telecom service provider Bharti Airtel Friday launched a centre where functions relating to human resource, supply chain, finance and tax would be undertaken for the entire company.
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S Tel achieves financial closure
Chennai, Nov 6 : S Tel, one of the new entrants in the Indian mobile telephony space, Friday said it has achieved financial closure for its Rs.2,000-crore project and that it would start rolling out services this year.
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Mid-small sized scrips are flavour of the day
Mumbai, Nov 6 : Indian equities markets Friday benefited from a buying momentum, with representative indices for mid-to-small sized scrips performing better than a key benchmark index.
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State Bank lowers deposit rates
Mumbai, Nov 6 : The country's largest lender State Bank of India has lowered deposit rates by 25-50 basis points on amounts less than Rupees 1 crore effective Nov 9.
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PDP protests pre-paid mobile phone ban in Jammu and Kashmir
Srinagar, Nov 6 : The main Opposition Peoples Democratic Party (PDP) today took to streets to protest the ban on pre-paid mobile phone services in Jammu and Kashmir, saying the decision cast a shadow of doubt on the entire population of the state.
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BenQ launches Ultra-Low Voltage notebooks
New Delhi, Nov 6 : Digital network devices brand BenQ today announced the launch of its new Ultra-Low Voltage (ULV) notebooks 'Joybook S35' and 'Joybook S43' into the market.
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Minacs and Aditya Birla Financial Services ink outsourcing deal
New Delhi, Nov 6 : Aditya Birla Minacs, a business solutions company (subsidiary of Aditya Birla Nuvo), today announced signing of an outsourcing services deal with the Aditya Birla Financial Services Group (ABFSG), to provide customer care, back office support, and finance and accounting services.
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Precious metals fall
Mumbai, Nov 6 : Precious metals declined in the opening session today as silver eased by Rupees 15 per kg and gold by Rupees 20 per ten gm, on sluggish demand from industrial users, traders at the Bombay Bullion Association (BBA) said.
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Indian equities up on government's divestment plan
Mumbai, Nov 6 : Indian equities opened decisively higher at all bourses Friday with sentiment lifted by the government's decision a day before to ensure at least 10 percent divestment in all profitable state-run enterprises and their subsequent listing.
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Intex launches mobile phones in Kerala
Kochi, Nov 5 : Intex technologies (India) Limited, one of the fastest growing companies in IT hardwares, mobile phones and electronics, today launched its mobile phones in Kerala.
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Sudha Murhty sells her shares in Infosys
Bangalore, Nov 5 : IT major Infosys Technologies Chairman's wife Sudha Murthy today sold her two million shares worth Rs 4.30 billion for setting up a venture capital fund.
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Corporation Bank launches P2P money transfer service
Mangalore, Nov 5 : To extend the scope of banking services under the financial inclusion project, the Mangalore based public sector Corporation Bank today launched a unique small value remittance product - Person to Person Money Transfer Service [P2P].
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Wipro acquires Yardley business
Bangalore, Nov 5 : IT major, Wipro Limited, has acquired the Yardley business in Asia, Middle East, Australia and certain African Markets for 45.5 million US Dollar from UK-based Lomamead Group.
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Murthy's wife sells 1.6 mn Infosys shares for Rs.4.3 bn
Bangalore, Nov 5 : Sudha Murthy, wife of Infosys Technologies co-founder N.R. Narayana Murthy, sold 1.6 million shares of her holding in the IT bellwether for over Rs.430 crore (Rs.4.3 billion/$91.5 million), the company said Thursday.
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One more chance to avail cheaper car, home loans
New Delhi, Nov 5 : The loan market is a paradox of sorts. In the midst of speculation that interest rates are poised to move Northwards, the Punjab National Bank (PNB) today strung a surprise on customers by offering cheaper home and car loans till the year-end.
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Microsoft launches 'Online Services' at USD 2 / month
New Delhi, Nov 5 : Software firm Microsoft today launched 'Online Services', which allows Small and Medium Businesses (SMBs) and enterprise customers to access e-mail, conferencing and productivity capabilities online, at a price starting two dollars per month.
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Net direct tax collections up 3.92 pc in Apr-Oct
New Delhi, Nov 5 : Net direct tax collections rose 3.92 per cent to Rs 1,73,447 crore during the first seven months of the current financial year as against Rs 1,66,905 crore collected in the same period last fiscal, according to official data.
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Bharti AXA to hire 300 people; expand reach in 45 new locations
New Delhi, Nov 5 : Bharti AXA General Insurance, a joint venture between leading Indian business group Bharti Enterprises and global leader in financial protection AXA, today said it plans to hire 300 people and engage 1,300 new agents to expand its reach to 100 locations, particularly in rural and semi-urban areas from existing 55 by this year-end.
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Mixed trend in precious metals
Mumbai, Nov 5 : A mixed trend was witnessed in precious metals today as Gold February 10 contract rose by 0.03 per cent to Rs 16,617 per ten grams and Silver December 09 contract declined by 0.20 per cent to Rs 27,240 per kg at Multi Commodity Exchange (MCX) here.
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