Business News

Last updated: Thursday, March 05, 2015 1:22:11 PM

Indian equities slip after strong opening
Mumbai, Oct 7 (IANS) Indian equities slipped into the red in early hours of trading Tuesday after opening on a strong note following interventions by the markets watchdog and a cut in minimum cash balance for banks against deposits announced by the central bank a day earlier.

Tuesday, October 07, 2008 12:21:54 PM

Fraud charge against top airport officer for fake ST certificate
New Delhi, Oct 7 (IANS) A top officer of the Airports Authority of India (AAI) is being charged with fraud and can be dismissed from service for reportedly having faked his caste certificate to secure the job, a senior official said.

Tuesday, October 07, 2008 11:02:54 AM

Sensex starts moving up as banks allowed to lend more
Mumbai, Oct 7 (IANS) The benchmark index of the Bombay Stock Exchange, the Sensex, opened in the green here Tuesday on the strength of the central bank's decision to allow Indian banks to lend more and inject more money into the belaguered financial markets.

Tuesday, October 07, 2008 10:19:34 AM

This Tata project in West Bengal is going strong
Kolkata, Oct 6 (IANS) Two projects of the Tata Group, conceived at the same time, have met very different fates in West Bengal - one has perished before it could see the light of the day but the other is going strong.

Monday, October 06, 2008 11:41:37 PM

Maharashtra-Sukhoi talks over Nagpur aircraft plant soon
Nagpur, Oct 6 (IANS) Maharashtra Chief Minister Vilasrao Deshmukh will hold preliminary talks next week with representatives of Russian aircraft maker Sukhoi regarding a proposal to set up a super-jet manufacturing plant here.

Monday, October 06, 2008 8:01:25 PM

Jayant Bhuyan, chief executive of India Brand Equity Foundation, dead
New Delhi, Oct 6 (IANS) Jayant Bhuyan, the chief executive of the India Brand Equity Foundation (IBEF), died here Monday. He was 58 and is survived by his wife Ramola.

Monday, October 06, 2008 7:52:07 PM

Punjab paddy procurement crosses 1.57 mn tonnes
Chandigarh, Oct 6 (IANS) In the first five days of procurement of paddy in Punjab, the government agencies have procured more than 1.57 million tonnes till Sunday, a government spokesman said.

Monday, October 06, 2008 7:50:33 PM

Provogue India sells stake in realty unit
New Delhi, Oct 6 (IANS) Leading apparel retailer Provogue (India) Ltd Monday said the UK-based LTG International Ltd will invest Rs.569.7 million ($12.7 million) to pick up 3.36 percent stake in a unit of its real estate arm Prozone Enterprises Pvt Ltd.

Monday, October 06, 2008 7:48:16 PM

Reserve Bank reduces cash reserve ratio to 8.5 percent
New Delhi, Oct 6 (IANS) The Reserve Bank of India (RBI) Monday reduced the cash reserve ratio by 50 basis points to 8.5 percent, bringing cheer to financial circles.

Monday, October 06, 2008 7:25:55 PM

India-Germany trade to reach $27 bn by 2012: Kamal Nath
New Delhi, Oct 6 (IANS) India's annual bilateral trade with Germany will reach the target of 20 billion euros ($27 billion) by 2012, Commerce and Industry Minister Kamal Nath said here Monday.

Monday, October 06, 2008 7:16:18 PM

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