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Sensex, Nifty close in red on poor GDP numbers
Mumbai, May 31 (IANS) A benchmark index for Indian equities markets Thursday extended the previous session's losses and closed 93 points lower on disappointing economic growth numbers. Amid volatile trade, the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,224.86 points, closed at 16,218.53 points -- down 0.57 percent or 93.62 points from its previous close
Mumbai, May 31 (IANS) A benchmark index for Indian equities markets Thursday extended the previous session's losses and closed 93 points lower on disappointing economic growth numbers. Amid volatile trade, the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,224.86 points, closed at 16,218.53 points -- down 0.57 percent or 93.62 points from its previous close
Sensex slides 190.89 points; auto, bank stocks down
A benchmark index for Indian equities markets was trading 190.89 points down around 12.30 p.m. Thursday, led by selling pressure in auto, bank and capital goods stocks.
A benchmark index for Indian equities markets was trading 190.89 points down around 12.30 p.m. Thursday, led by selling pressure in auto, bank and capital goods stocks.
Mahindra and Mahindra's Q4 net up 44.17 percent
Mahindra and Mahindra Wednesday reported a 44.17 percent rise in net profit for the quarter ended March 31 at Rs.874.48 crore from Rs. 606.54 crore in the corresponding period of 2010-11.
Mahindra and Mahindra Wednesday reported a 44.17 percent rise in net profit for the quarter ended March 31 at Rs.874.48 crore from Rs. 606.54 crore in the corresponding period of 2010-11.
Rupee closes at record low of 56.23 against dollar
The Indian rupee hit a record closing low of 56.23 against dollar Wednesday due to increased demand for the American currency by importers for month-end payments and weakness in the euro.
The Indian rupee hit a record closing low of 56.23 against dollar Wednesday due to increased demand for the American currency by importers for month-end payments and weakness in the euro.
Keshub Mahindra retires in Aug 8, Anand to take over
After remaining at the helm for 48 years, Mahindra & Mahindra Chairman Keshub Mahindra will step down Aug 8, making way for his nephew, Anand Mahindra, to head the $15.4 billion conglomerate.
After remaining at the helm for 48 years, Mahindra & Mahindra Chairman Keshub Mahindra will step down Aug 8, making way for his nephew, Anand Mahindra, to head the $15.4 billion conglomerate.
Keshub Mahindra to retire Aug 8
Mahindra & Mahindra Chairman Keshub Mahindra will retire Aug 8 and hand over the baton to his nephew, Anand Mahindra, the present vice-chairman and managing director of the $15.4 billion conglomerate, the company announced here Wednesday.
Mahindra & Mahindra Chairman Keshub Mahindra will retire Aug 8 and hand over the baton to his nephew, Anand Mahindra, the present vice-chairman and managing director of the $15.4 billion conglomerate, the company announced here Wednesday.
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