Monday, 27 May 2013

Sensex ends above 20000; RIL surges 5.3 percent

Sensex ends above 20000; RIL surges 5.3 percent

Sensex ends above 20000; RIL surges 5.3 percent

By Abhishek Vishnoi. MUMBAI | Mon May 27, 2013 6:18pm IST. MUMBAI (Reuters) - The BSE Sensex rose more than 1 percent on Monday to mark its second consecutive session of gains as Reliance Industries surged after a significant gas discovery, while ...
Coal India consolidated Q4 net up 35% at Rs. 5414 cr

Coal India consolidated Q4 net up 35% at Rs. 5414 cr

State-owned Coal India (CIL) on Monday reported almost 35% rise in the consolidated net profit at Rs. 5,413.9 crore for the fourth quarter ended March 31 on the back of lower expenses. The company's net profit in January-March quarter last fiscal stood at ...
Rupee snaps 6-day fall, rises by 6ps Vs USD at 55.57 on dollar inflows

Rupee snaps 6-day fall, rises by 6ps Vs USD at 55.57 on dollar inflows

Snapping a six-day losing run, the rupee on Monday closed six paise higher at 55.57 against the US dollar on the back of good inflows in equities and dollar selling by some exporters. A weak US dollar overseas also aided the rupee sentiment. The rupee ...
Sebi wants call data records not phone-tapping powers: Chairman UK Sinha

Sebi wants call data records not phone-tapping powers: Chairman UK Sinha

Seeking government's help in getting call data records of persons being probed by it in cases of insider trading and other market manipulations, Sebi says it is not asking for powers to snoop on telephonic conversations. Sebi needs call data records (CDRs) of ...
Mallya

Mallya's move against banks to slow down recovery from KFA

It seems Vijay Mallya is trying hard to delay banks' attempts to recover loans from his grounded Kingfisher Airlines by engaging them in protracted legal battle. On 26 March, UB Holdings Ltd (UBHL) and its chairman Mallya had filed a suit against the lenders ...
Armed with whistle-blower policy, Ranbaxy to look ahead

Armed with whistle-blower policy, Ranbaxy to look ahead

Trouble-hit Ranbaxy Laboratories has introduced a whistle-blower policy within the company to encourage transparency and address concerns internally, so that bigger problems could be averted. In his first interaction with the media (the first part of which ...
Court questions Idea Cellular on illegal 3G services

Court questions Idea Cellular on illegal 3G services

New Delhi: The Delhi High Court on Monday issued contempt notices against telecom company Idea Cellular and its chairman Kumar Mangalam Birla for allegedly disobeying its earlier order by providing 3G services to new customers in areas for which it did ...