Carrying forward its modest gains since yesterday, the BSE benchmark Sensex on Tuesday rose marginally by over 75 points to 18,495.62 as investors purchased blue chips like RIL and Infosys amid firm global cues. The Bombay Stock Exchange benchmark, Sensex, which had gained 44 points in the previous session, rose by 75.51 points, spurred by the gains in top rank heavy weights RIL and Infosys Here is the original post: Sensex gains 75 pts on fag-end buying in RIL,... Read More

Ministry of Corporate Affairs has proposed the name of former Finance Secretary Ashok Chawla as the next Chairman of the anti-trust watchdog Competition Commission of India (CCI). The Ministry of Corporate Affairs has sent Chawla’s name for ACC (Appointments Committee of Cabinet) approval, a top source in the Ministry told. Chawla retired as Finance Secretary on 31st January and was heading a committee on allocation, pricing and utilisation of natural resources till recently. Continued here: Ashok Chawla to be next CCI... Read More

A benchmark index for Indian equities markets rebounded 217 points Tuesday after signs of a rapprochement in sight between the DMK, a key ally of the United Progressive Alliance (UPA) government, and its principal constituent, the Congress, and moderating global oil prices. The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the positive at 18,277.34 points, ended the day at 18,439.65 points, up 1.19 percent or 216.98 points from the previous close of 18,222.67 points. The Sensex touched a high of 18,466.81 points and low of 18,266.62 points in the intraday Read more: Sensex up 217 points on positive political cues, moderating oil... Read More

Former union finance minister and senior Bharatiya Janata Party (BJP) leader Yashwant Sinha Saturday said budget 2011-12 will have an inflationary effect instead of controlling prices. “There are some proposals in the budget which are inflationary See the original post here: Budget will fuel inflation: Yashwant... Read More

Finance Minister Pranab Mukherjee is set to present his sixth national budget Monday, with people hoping for measures that will help them brave high prices and industry expecting steps that would spur demand and reduce tax burden. The jury is still divided whether the budget would veer towards an anti-inflation approach or be pro-growth. But everybody agrees that the finance minister is going to have to walk a tight-rope to get the right mix of both Go here to see the original: Finance Minister set to present budget Feb... Read More

A.K. Srivastava, chairman-cum-managing director (CMD) of the National Aluminium Company Ltd (NALCO), and his wife were sent to six-day police custody by a CBI special court Saturday, a day after they were arrested by the investigation agency for allegedly accepting bribe. The Central Bureau of Investigation (CBI) arrested Srivastava, his wife Chandni Srivastava, along with two accomplices, Bhushan Lal Bajaj and Anita Bajaj, for accepting bribe Friday More here: NALCO CMD, wife sent to six-day police... Read More

Late selling pushed down a benchmark index for Indian equities markets Friday, which closed 267 points lower than its previous close. Broader markets slipped down too. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,564.08 points, closed at 18,238.97 points (provisional), down 267.85 points or 1.45 percent from its previous close at 18,506.82 points Read this article: Late selling pulls Sensex 267 points... Read More

Prime Minister Manmohan Singh Friday dedicated to the nation the International Container Transshipment Terminal (ICTT) in Kerala. It’s the largest single-operator container terminal in the country. Read the original: PM inaugurates mega transhipment terminal in... Read More

Secunderabad, Jan 12 (IBNS) Coromandel International, a leading manufacturer of fertilisers and chemicals, on Wednesday announced its unaudited financial results for the Quarter/ Nine months ended December 31, 2010. The rest is here: Coromandel International Q3 results... Read More

Mumbai, Jan 12 (IBNS) Jay Bharat Maruti Limited (JBML), a leading supplier of auto components to Maruti Suzuki India Ltd., on Wednesday announced its financial results for the quarter ended December 31, 2010, where it reported a 93.34% increase in net profit. For the quarter ended December 31, 2010, the company recorded gross revenues of Rs Follow this link: JBML Q3 Result: Net profit up by... Read More