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2012-05-26 09:48:45
BSE Sensex seen opening lower, GDP data eyedAfter recording losses for four successive weeks, the market managed to eke out modest gains during the week ended 25 May 2012, with investors picking up stocks on expectations of some fiscal
2012-05-26 06:20:00
Facebook logo is seen on a screen inside at the Nasdaq Marekstsite in New YorkDead silence. For nearly 20 minutes on the morning of Facebook Inc's trading debut last Friday, the line Nasdaq had opened up to keep traders informed about the social media company's $16 billion
2012-05-26 00:52:00
A worker pumps petrol into a car at a gas station in QuitoThe board of Videocon Industries on Friday decided to demerge its oil and gas business. It has, in-principle, agreed to the appointment of various agencies for working out detailed alternative schemes
2012-05-26 00:52:00
ITC shuts cigarette units on uncertainty over warningsDespite posting slightly better-than-expected results for the quarter ended March 31, in which ITC Ltd saw a substantial reduction in loss of the non-cigarette fast-moving consumer goods (FMCG)
2012-05-26 00:51:00
BPCL plans 170,000 bpd refinery expansionsMeeting analyst estimates, state-run Bharat Petroleum Corporation Limited (BPCL) has posted higher-than-expected earnings for the fourth quarter of financial year 2011-12. The company's net profit
2012-05-26 00:51:00
NMDC to finalise JV with Russia's Severstal by AugustThe Union government will be meeting primary steel producers to seek an explanation on the rise in prices over the past few months. The meeting, to be chaired by steel secretary D R Chaudhary, will be
2012-05-26 00:51:00
Congress defends petrol price hikeAs the Air India pilots' agitation entered the 18th day, Civil Aviation Minister Ajit Singh on Friday met some of them for the first time. He insisted they resume duty without delay. Meanwhile, the
2012-05-26 00:50:00
Outrage against petrol price hikeEnding all speculations of a rollback in petrol price, the government on Friday said it would watch the situation for a few days before taking any decision. Petroleum Minister Jaipal Reddy said the
2012-05-26 00:50:00
ITC shuts cigarette units on uncertainty over warningsBeating expectations, ITC , India's largest cigarette maker, posted a 26 per cent rise in net profit, led by a partial impact from an increase in cigarette prices post-Budget and an overall
2012-05-26 00:50:00
SBI says not likely to raise funds from abroad nowSBI Cards, joint venture between State Bank of India and GE Capital, aims to add 1 million credit cards to its portfolio over three years. The company has the credit card base of over 2.2 million as
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