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INSIGHT - Funds, refiners ponder oil Armageddon: war on Iran

India may make 45 % of Iran oil payments in rupees - paper
Iran has agreed to accept 45 percent of the payment for its oil exports to India in rupees through UCO Bank, based in Kolkata, the Indian Express newspaper reported on Thursday, without citing any sources. India, Iran's second-biggest oil client after China, buys 12 percent of its oil needs from the Islamic nation, worth about $12 billion annually. All new Maruti Swift Dzire CS arrives with

Sebi turns heat on USE

After locking horns with the MCX Stock Exchange over violation of regulations regarding the shareholding pattern, the market regulator has now turned focus on the United Stock Exchange (USE), the

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UCO Bank might get capital infusion of Rs.2 billion
City-based UCO Bank Wednesday said it might get capital infusion of Rs.2 billion-odd from the central government for this financial year.

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Rupee hits 3-month high on dollar inflows; shares aid

The rupee hit a near three-month high on Wednesday, clawing back all early losses, supported by robust dollar inflows, local share gains and a recovery in the euro. The rupee closed at 49.2650/2750

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Sensex rallies after early weakness, ends 107 points up

Despite a weak start and a subsequent long spell in negative territory, the market rallied sharply in late afternoon trade with investors indulging in some hecitc buying following a positive lead from

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UCO Bank's Q3 net jumps 10 percent
Public sector UCO Bank Wednesday reported a 10 percent jump in its net profit for the quarter ended December 2011 at Rs.3.33 billion from Rs.3.01 billion during the like period of 2010.

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