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Sensex at all-time high on FII buying — BSE Capital Goods index largest gainer at 3.36 pc
THE BSE Sensex closed the day at an all-time high of 8853.21 after the index spurted by 109.17 points or 1.25 per cent largely on foreign investor buying. The Nifty too closed at an all-time high of 2664.30 points, a rise of 29.30 points or ...
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Professionals make a beeline for independent director posts
ENGINEERS, chartered accountants and graduates from foreign universities seem to be heading the list of professionals vying for independent director slots on the boards of listed companies. A large number of retired civil servants and former ...
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Organic growth first choice: HSBC ready to pump in more capital
GLOBAL banking and financial services major, the HSBC Group is bullish about the economic prospects of India. The Group Chairman of HSBC Holdings Plc, Sir John Bond, said HSBC was ready to invest more financial capital in any way that was ...
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Performance targets approved by DPE task force, says Raha — `OVL need not sign MoU with Ministry'
Asked why ONGC was not attending the quarterly performance review held by the Ministry, Mr Raha said December 2 had been fixed to review two quarters together for the current fiscal.
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Toyota dealer offers free petrol for Innova buyers
FROM a waiting list, which stretched up to four months not so long ago, a Toyota dealer is now offering a year's petrol free for Innova cars, perhaps the first such scheme its kind in India. Last week, in a similar offer, DaimlerChrysler, the ...
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ATF prices to be reduced from Dec 1 — Airlines yet to decide on lowering fares
THE domestic prices of aviation turbine fuel (ATF) are to be reduced from December 1 but most of the major airlines are yet to firm up plans on reducing the fares. The Director (Finance) of Indian Oil Corporation, Mr S.V. Narsimhan, on ...
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Reliance shareholder challenges demerger scheme
AT LEAST one shareholder of Reliance Industries Ltd has challenged the company's demerger scheme, prompting the Bombay High Court to adjourn hearing on the matter by one week and give the dissenting shareholders a hearing. The court has posted ...
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Inflation up on costlier minerals, textiles
THE annual wholesale price index-based inflation rose 4.2 per cent on during the week ended November 12, marginally higher than the previous week's annual rise of 4.14 per cent. The rise in the year-on-year inflation rate was largely on account ...
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Fidelity moots liquid FoF
FIDELITY Mutual Fund has sought regulatory approval for an open-end cash fund of funds (FoF) scheme. The proposed Fidelity MultiManager Cash Fund, which will seek to provide returns commensurate with low risk while offering a relatively high ...
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Long distance dialling to be simplified — Fewer STD codes proposed
AFTER initiating measures to bring down STD tariffs, the Government is now planning to simplify the dialling process for long distance calls by merging 2,645 STD codes in the country into 322. This is as a result of a proposal being considered ...
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Bird designing Web site on domestic airlines
THE Bird Group plans to launch a new Web site that would enable passengers to book tickets on most domestic airlines at one place rather than go to the site of the individual airline, the Group Executive Director, Mr Ankur Bhatia, said here on ...
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`Cybercafes propel online shopping'
WITH a boom in e-commerce and increasing number of online shoppers, cybercafes seem to be playing an important role in enabling online shopping. A study conducted by the Internet & Mobile Association of India (IAMAI) shows that cybercafes have .
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