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Exports put up a better show in December
NEW DELHI: The Indian exports sector may not have ended year 2008 on such a bad note after all, with sectors such as pharmaceuticals, engineering products and agricultural commodities registering robust growth in December, according to initial estima...
Bharat Hotel COO & President, Farhat Jamal quits
NEW DELHI: Bharat Hotels led hospitality chain Grand Group COO & president Farhat Jamal has quit the organisation. The hotel chain which had recently rebranded itself as The Lalit, had roped in Mr Jamal in November 2007.Although Mr Jamal could no...
Citi, Barclays, JP Morgan lose triple A status
MUMBAI: Citibank and its four affiliates along with associates of Barclay's, Deutsche Bank and JP Morgan have lost their triple A status in Citi Bank Markets, IT & auto to recover in 2009 Events that changed Dalal Street Invest for long term Navr...
Re 16 paise higher against dollar at 47.88
MUMBAI: Rupee today appreciated 16 paise against the US currency in opening trade on capital inflow by foreign funds and cut in home loan rates by public sector banks.At the Interbank Foreign Exchange (Forex) market, the domestic currency traded at 4...
Nifty firm above 2800;Unitech, Dr Reddys lead
MUMBAI: Equities continued to remain in positive terrain Monday as buying was seen across the board. Realty and metal stocks were in demand while auto stocks continued to languish.“Trend deciding level for the day is 9047 / 2741 (Sensex/Nifty). If ...
http://economictimes.indiatimes.com/News/News_By_Industry/Indian-origin_Nishita_Shah_among_Next_Gen_billionaires/articleshow/3388381.cms#
BANGALORE: As excitement heightens for the launch of Apple's iPhone in India Friday, two Indian techies from the US have pitched in to offer a free download of their mobile application on iPhone for photo sharing, with value added features to boot. T...
Corporate salaries unaffected by economic slowdown
BANGALORE: Leading corporates in India have registered an increase in average salary despite this year's economic slowdown, a study said. The year 2008 has seen a strong average salary increase of 14.8 per cent, according to Hewitt Associates study c...
Mahindra Financial Services to hike lending rates by 0.5 pc
NEW DELHI: Mahindra & Mahindra group's non- banking finance firm is planning to increase lending rates by 0.50 per cent within next one month following RBI's tight monetary policies that has made home and auto loans expensive."Though we have not ...
Rupee at 1-½ month low
Rupee weakened to a one and half month low on Monday as a stronger dollar overseas weighed on sentiment, but likely central bank intervention is seen halting the Indian unit from falling too steeply.Rupee was at 43.28/29 per dollar, off a low of 43.3...
Hero Honda raises prices on some bikes
MUMBAI: Hero Honda Motors Ltd, India's top motorbike maker, has raised prices of some models to partially offset rising costs of raw materials, the company said. Prices of its entry-level 100 cc motorbikes have been raised by up to 850 rupees ($20), ...
OMCs go up as crude go down to $136
Oil marketing firms were in the limelight on today after crude prices cut down more than $4. The shares of HPCL gained 3.06 pct to Rs 208.80 at 10:40 pm, BPCL added 3.88 pct to 261.15 and IOC go up 2.74 pct to Rs 362.05.Higher oil prices dent the pr...
