Business
Rupee ends at 62.30 vs USD
The rupee opened lower at 62.40 a dollar from yesterday's close of 62.31 and declined further to a low of 62.47 on early dollar demand from importers and weakness in domestic stoc
FIPB approves Vodafone proposal to raise stake in India
UK-based telecom player Vodafone's Rs 10,000 crore proposal to buy out minority shareholders in its Indian arm was approved by the FIPB on Monday.
CII Business Outlook shows signs of economic turnaround
The pick-up in BCI for the current quarter comes as a major relief for the economy.
Sensex rises 119 points to end at 21,193.58
BSE IT index jumped 2 percent with Infosys , TCS and Wipro as major gainers. However, oil & gas and auto stocks were under selling pressure.
Rupee up 12 paise vs dollar in early trade
The rupee had gained 9 paise to close at one-week high of 61.95 against the dollar on Monday.
Infosys wins contract from Chinese firm FESCO
IT services major Infosys on Tuesday said it has bagged a contract from Chinese firm FESCO to develop a human resource (HR) services platform.
Nokia factory freeze lifted, paves way for Microsoft deal
A court on Thursday accepted an appeal by Nokia to release its local factory after it was seized by authorities in a tax dispute, removing a hurdle to the sale of the company's mobile phone business to Microsoft.
Rupee washes out initial gains vs US dollar, down 12 paise
Meanwhile, the BSE benchmark Sensex dropped by 95.31 points, or 0.45 per cent, to 21,231.11 at 1050 hrs.
Rupee closes higher by 34 paise or 0.55 per cent at 61.41 against US dollar
In the global market, the dollar edged higher on Friday ahead of the release of the US jobs report for November, due later in the day.
Speak Asia scam: Second main accused arrested from Bangalore
The Crime Branch has arrested Ram Niwas Pal, the co-mastermind of Speak Asia scam from the Bangalore airport.
CAD to come down below 3 pc this fiscal: PMEAC
Current Account Deficit (CAD) is likely to come down below 3 per cent of GDP in the current fiscal on the back of measures taken by government, PMEAC Chairman C Rangarajan said on Friday.
6 per cent GDP growth next fiscal, better 2nd half in 2013-14 says Montek Singh Ahluwalia
Exuding confidence that economy will be back on high growth trajectory, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Wednesday said that GDP will expand by over 6 per cent next fiscal and performance will be better in second half of this...
Main accused in Speak Asia scam arrested
Speak Asia has allegedly duped nearly 24 lakh investors of over Rs 2,200 crore.
Rupee falls most in a week, closes at 62.93 per dollar
The rupee faltered for a second consecutive day on Thursday to its lowest against the dollar in a week after Federal Reserve minutes hinted at stimulus tapering, sparking concerns about a renewed period of volatility in the currency.
Sensex plunges 406.08 points to close at 20,229.05
In step with local stocks, rupee plummeted to 62.97 versus the US dollar, raising the risk of higher import costs for the Indian economy.
India approves 20 FDI proposals worth $146 million
The Foreign Investment Promotion Board has approved 20 foreign direct investment proposals worth 9.16 billion rupees, a finance ministry statement said on Tuesday.
