Business
Oil prices firm in Asian trade
Oil prices were firmer in the Asian trade on Monday, steadying after incurring sharp losses on Friday.
ONGC-Mittal wins oil block in Nigeria
OMEL, the joint venture between ONGC and the Mittal Group, has won two oil blocks in Nigeria, the latest oil and gas hot spot of the world.
FIIs face the flak for Sensex tumble
Sitaram Yechuri said that the fall on the Sensex has clearly exposed the Indian stock market's dependence on FIIs.
Mittal launches bid for Arcelor
Mittal Steel launched its hostile takeover offer for rival Arcelor, giving Arcelor shareholders the chance to determine its future.
Stocks that will survive the crash
As metal meltdown grips international markets, analysts advice to keep away from metal stocks.
India to embrace platinum jewellery
Those customers who had bought platinum jewellery a couple of years ago had probably seen their investment grow.
Manpower is Infosys' biggest challenge
Software services firm Infosys Technologies Ltd expects a skilled manpower shortage in the next two to three years.
Corporate Bonds: SEBI releases report
SEBI is looking forward to development of a unified exchange traded market for corporate bonds.
Tata Motors offer: Car plant in Bengal
Bengal CM Buddhadeb Bhattacharjee confirmed that Tata Motors would make Bengal its manufacturing base for setting up a car plant.
Tax dept's legal notice to pharma firms
The tax department has issued a demand notice of Rs 2 crore to Pharma company Novartis for not deducting its tax at source.
Canara Bank now into insurance
Kolkata Canara Bank, one of the largest profit making public sector banks, has decided to foray into Insurance business.
SEBI to file caveat in Mumbai High Court
SEBI to go to Mumbai High Court against stays in demat scam to prevent any more ex-partite order without hearing SEBI.
Sensex closed all-time high 12,310
The markets opened on an optimistic note after a firm close in the previouis trading session.
HDFC home loans become dearer
HDFC bank's housing loan across all segments become costlier by 50 basis point from Tuesday.
Mkts on uptrend, Sensex above 12k
The Sensex closed at 12,042.56, with gains of 190.63 points or 1.61 per cent after Friday’s closing.
Sensex manages a positive close
Despite the IPO fraud, the markets have managed to close on a positive note. The Sensex settled at 11,851.93.