Thursday, 25 April 2013

Indian rupee up 4 paise against US dollar

Indian rupee up 4 paise against US dollar

Indian rupee up 4 paise against US dollar

The Indian rupee rose 4 paise to 54.18 against the US dollar in early trade at the Interbank Foreign Exchange market on Friday on increased selling of the US currency by exporters. Strengthening of the euro against the dollar overseas, also supported the ...
Nifty slips below 5900; banks, tech, FMCG, pharma down

Nifty slips below 5900; banks, tech, FMCG, pharma down

According to analysts, the market is expected to consolidate near current levels and take cues from the Reserve Bank of India's policy meet. Editor's Pick. Gold still attracts, heads for best week in 1-1/2 years · Idea rallies 11%, hits 52-week high | Live price ...
Idea Cellular surges as Jan-March profit beats f

Idea Cellular surges as Jan-March profit beats f'cast

MUMBAI | Fri Apr 26, 2013 11:56am IST. MUMBAI (Reuters) - Shares in Idea Cellular Ltd(IDEA.NS) are up 7.5 percent after Jan-March earnings beat estimates on Thursday, riding on strong customer additions and a court decision that removed some smaller ...
Bharti shares gain; Idea

Bharti shares gain; Idea's results seen as positive

Bharti Airtel Ltd's shares gain 5 per cent on hopes of better-than-expected earnings for January-March, taking cues from Idea Cellular Ltd which beat March quarter earnings estimates. Idea is much smaller than Bharti in revenue terms, but both mobile carriers ...
Will AirAsia get approvals to begin Indian operations soon?

Will AirAsia get approvals to begin Indian operations soon?

Malaysia's Air Asia has plans to launch operations in India as early as this year. The airline is pro-actively trying to complete bureaucracy related formalities so that it can begin operations in smaller towns and cities with an Airbus fleet. After getting a formal ...
India pitches for Standard & Poor

India pitches for Standard & Poor's rating upgrade to rein in fiscal deficit and spur ...

The finance ministry has pitched for rating upgrade with ratings agency Standard & Poor 's (S&P) in view of the measures taken to rein in fiscal deficit and the fresh attempts to spur investment. S&P and its rival Fitch Ratings had both lowered their outlook on ...
Saradha Group

Saradha Group's 63 boxes, Boston servers kept Sebi at bay for 3 years

The collapse of West Bengal's Saradha Realty may have come as a big surprise to investors, but the state's authorities and the capital market regulator Securities and Exchange Board of India have been pursuing the case for over three years while failing to ...
Three ministries reject Rangarajan gas math

Three ministries reject Rangarajan gas math

Ahead of a meeting of the empowered group of ministers for deciding the pricing formula of natural gas, three ministries have expressed reservations over the pricing mechanism proposed by the Rangarajan Committee. Ahead of a meeting of the empowered ...
L&T Finance Holdings net profit rises 76.76% in the March 2013 quarter

L&T Finance Holdings net profit rises 76.76% in the March 2013 quarter

Net profit of L&T Finance Holdings rose 76.76% to Rs 106.00 crore in the quarter ended March 2013 as against Rs 59.97 crore during the previous quarter ended March 2012. Sales rose 79.93% to Rs 127.66 crore in the quarter ended March 2013 as against ...
Atom 2nd mainstream cola brand from Pepsi

Atom 2nd mainstream cola brand from Pepsi

PepsiCo , the beverages and snacks major, on Thursday launched its second mainstream cola brand, exclusively created for the Indian market, after 24 years of operations in the world's second largest population. “Pepsi Atom is the second mainstream cola ...