Business News

Last updated: Friday, October 31, 2014 11:56:19 PM

Multi-Commodity Exchange launches new futures series
Ahmedabad, April 29 (IANS) The National Multi-Commodity Exchange (NMCE) has launched new series for futures contract in non-ferrous metals, menthol crystal and raw jute. All the contracts can be traded on NMCE e-platforms from May 2.

Tuesday, April 29, 2008 4:57:37 PM

Now Ramadoss challenges Bangalore IPL team over name
New Delhi, April 29 (IANS) The Indian Premier League's (IPL) Bangalore team, Royal Challengers, Tuesday faced a bouncer from Health Minister Anbumani Ramadoss, who said that the team's name amounted to surrogate advertising and promoted alcohol.

Tuesday, April 29, 2008 4:49:19 PM

Coimbatore gets first Adlabs cinema
Mumbai, April 29 (IANS) Adlabs Cinemas, part of the Reliance-Anil Dhirubhai Ambani Group, took over Tamil Nadu's prestigious K.G. Cinemas in Coimbatore and opened its first multi-screen property in the city.

Tuesday, April 29, 2008 4:40:09 PM

Banks welcome CRR hike, analysts sceptical
Mumbai, April 29 (IANS) India's leading banks have welcomed the central bank's monetary policy announced Tuesday, terming it a balanced and progressive set of measures that aims to curb price rise and stimulate growth.

Tuesday, April 29, 2008 4:27:57 PM

India equities market ends in profit (Third Lead)
Mumbai, April 29 (IANS) The Indian equities market closed in the green Tuesday.

Tuesday, April 29, 2008 4:27:13 PM

Indian Markets react positively to RBI credit policy(Second Lead)
Mumbai, April 29 (IANS) The Indian equities market responded positively to the credit policy announced by the central bank Tuesday.

Tuesday, April 29, 2008 3:20:08 PM

Reliance Capital's net profit tops Rs.10.2 bn
Mumbai, April 29 (IANS) Reliance Capital has posted a net profit of Rs.10.2 billion for the year ended March 31, 2008, which is almost 60 percent higher than the Rs.6.4 billion profit it registered in the previous fiscal.

Tuesday, April 29, 2008 1:54:28 PM

India's central bank hikes cash reserve ratio(Lead)
Mumbai, April 29 (IANS) India's central bank hiked the cash reserve ratio (CRR) for banks by another 25 basis points Tuesday in a bid to contract money supply and contain price rise, but kept all other key rates unchanged.

Tuesday, April 29, 2008 1:11:57 PM

India's central bank hikes cash reserve ratio again, keeps key rates same
Mumbai, April 29 (IANS) The Reserve Bank of India hiked the cash reserve ratio (CRR) by 25 basis points to 8.25 percent in its monetary policy announced Tuesday morning, while keeping the repo rates and reverse repo rate unchanged, in an effort to keep inflation down to 4-4.45 percent.

Tuesday, April 29, 2008 12:17:41 PM

PM blames 'grain for fuel' for high prices
New Delhi, April 29 (IANS) Blaming the diversion of foodgrain for producing fuel and high crude oil prices for rising inflation in India, Prime Minister Manmohan Singh Tuesday hoped a normal monsoon would salvage the situation.

Tuesday, April 29, 2008 11:34:23 AM

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