The Indian Rupee noticed a fall in the very first trading session in the new year against the USD. The fall of rupee though is being noted a routine fluctuation and overall most analysts expect [...]
Consumer Goods
The union budget presented by Finance Minister Pranab Mukherjee have apparently gone down quite well with most industry leaders as the slew proposals proposed in the budget have been received quite well. The move by [...]
Appreciation of rupee resulted in huge profit booking by bulk traders in Nifty exchange market. Nifty closed below 5300 and is believed to be less volatile tomorrow. The support and resistance levels can be 5265 [...]
About a fortnight ago, food inflation went to a four month low of 16.22% due to falling prices of essential commodities; however, last week again as the inflation rose to 16.33% the whole price index [...]
Infrastructure and Engineering Major L&T has apparently bagged a lucrative deal Gujarat State Petroleum Corporation which would involve the company in setting up an state of the art offshore oil platform. The also is likely [...]
Engineering major Larsen and Toubro has posted stellar growth figures in its latest Q4 results which is likely to serve as an yet another reminder to its investors that the company is clearly hitting a [...]
As the estranged Ambani brothers decided to bury the hatchet and canceled all the existing non compete pacts signed in 2006, the benchmark indices rose more than a percent and market turned bullish. However towards [...]
Reliance Industries Ltd (RIL), the Mukesh Ambani led group today reopened its two petrol pumps situated in Jamnagar without any great notice. The company had shut down over 1400 outlets around the country last year [...]
CBI today took Satyam’s Ramalinga Raju, his brother Rama Raju and ex-CFO of the company Vadlamani Srinivas into its custody for 2 more days to make further interrogation in the Rs 7800 crore scam. CBI [...]
As per Assocham, an infra fund will be structured for aiding in financing of infrastructure projects. The investment will be for nearly $90billion that will be spread for coming 2-3 yrs. D S Rawat, the [...]
