Saturday, 11 May 2013

Weekly review: Market flies high on smart rally, Sensex, Nifty at 28-mth peak

Weekly review: Market flies high on smart rally, Sensex, Nifty at 28-mth peak

Weekly review: Market flies high on smart rally, Sensex, Nifty at 28-mth peak

Sensex In its straight four weeks of rally, the Sensex has zoomed by a whopping 1,879.76 points, or 10.30%. (Reuters). Related. Small investors, HNIs hike Kingfisher stake, FIIs trim holding · Money laundering case: Compliance of KYC norms must, says RBI ...
Dena Bank Q4 net profit halves to Rs 125.67 cr

Dena Bank Q4 net profit halves to Rs 125.67 cr

Public sector lender Dena Bank's profit more than halved to Rs 125.67 crore in the quarter ended March 31 of 2012-13 due to higher provisioning and contingencies. The bank had reported net profit of Rs 254.79 crore over the same period (January-March) of ...
Diesel dearer by Rs 1.02 per litre

Diesel dearer by Rs 1.02 per litre

New Delhi: Diesel prices were on Friday hiked by Rs 1.02 per litre, the fourth increase in rates this year. IOC said the government had in an order dated January 17 authorised oil firms to “increase the retail selling price of diesel within a small range every ...
Piramal Enterprises acquires 10% equity stake in Shriram Transport Co

Piramal Enterprises acquires 10% equity stake in Shriram Transport Co

Piramal Enterprises acquires 10% equity stake in Shriram Transport Co. STFC is a major player in the area of commercial vehicle finance. Shriram Transport's commercial vehicle finance arms cater to pre-owned trucks and small truck owners even in small ...
April marks six-month decline in car sales, longest since 1997-98

April marks six-month decline in car sales, longest since 1997-98

Domestic car sales fell for the straight sixth month in in April, declining by 10.4% during the month over last year, marking the longest stretch of decline since the collection of sales data in 1997-98. Worse, the stretch is likely to continue for at least the next 3 ...
IIP grows 2.5% in March

IIP grows 2.5% in March

NEW DELHI, MAY 10: Driven by better showing of the manufacturing, power and capital goods sectors, India's industrial output grew by 2.5 per cent in March 2013 as against a fall of 2.8 per cent in the same month in 2012, according to official data released ...
DIPP asked to clarify rules on FDI retail in Walmart probe

DIPP asked to clarify rules on FDI retail in Walmart probe

Union Minister for Commerce Anand Sharma shakes hands with Philip Clarke, CEO, Tesco, in the presence of Noel Tata, MD, Tata International, in New Delhi on Friday. Photo: PTI. The sticking point of local sourcing surfaced again on Friday with UK's ...
Step up expenditure on research: Mukherjee

Step up expenditure on research: Mukherjee

Voicing concern over India lagging in innovation, President Pranab Mukherjee today made a strong pitch to step up expenditure on research in a big way and also asked the private sector to increase their share. "India's bottom line is not very encouraging as ...
MMTC aims Rs 30-cr gold, silver sales for Akshaya Tritiya

MMTC aims Rs 30-cr gold, silver sales for Akshaya Tritiya

MMTC Ltd expects its gold jewellery and silver sales to double to Rs 30 crore during the Akshaya Tritiya festival. Source: PTI. Share · Tweet · Share on Tumblr. Like this story, share it with millions of investors on M3. MMTC aims Rs 30-cr gold, silver sales for ...