India, UAE discuss bilateral trade
Abu Dhabi, July 27: India's Ambassador to the United Arab Emirates (UAE) M.K. Lokesh and the director general of UAE's ministry of foreign trade, Abdullah Ahmed Al Saleh, met here to discuss issues re
JSW Steel to start Salboni project by fiscal-end
Kolkata, July 27: JSW Steel would start construction of its 10-million-tonne Salboni plant in West Bengal before the end of the current fiscal (2010-11), a top company official said Tuesday.
The comp
Sensex opens 57 pts higher on RBI credit policy day
Mumbai, July 27: The Bombay Stock Exchange benchmark Sensex today opened 57 points higher after funds made cautious buying as the Reserve Bank of India will announce its quarterly credit policy later
Rate hike will hurt: Industry
New Delhi, July 27: India Inc Tuesday said the Reserve Bank of India's decision to raise the reverse repo rates by 50 basis points (bps) would hurt the manufacturing sector.
The Federation of Indian
Haldia Coke raises Rs.125 crore from Gaja Capital
Kolkata, July 27: Haldia Coke & Chemicals Private Limited (Haldia Coke) has raised Rs.125 crore from Gaja Capital Partners, an India focused private equity fund, a statement said here Monday.
Haldia
India's Radius ties up with Ericsson for broadband access
New Delhi, July 27: Telecom infrastructure provider Radius Infratel has signed a pact with Swedish giant Ericsson for getting its technology and expertise for providing broadband access in India by re
Hayward likely to take charge of BP’s Russian joint venture with TNK
London, July 27: BP chief executive Tony Hayward, whose resignation is expected any moment before the stock market opens today, is rumoured to have been offered a board role within British Petroleum’s
Auto, realty stocks register gains post-RBI rate hike
Mumbai, July 27: Reacting positively to the moderate rate hike announced by the Reserve Bank today, shares of rate- sensitive auto and realty companies rose in the range of 1-3 per cent at mid-session
RBI hikes rates for fourth time this year
Mumbai, July 27: India's central bank hiked its main interest rates on Tuesday for the fourth time this year, raising the repo rate by 25 basis points and the reverse repo rate by 50 basis points, a s
Deutsche Bank posts stronger quarterly profits
Frankfurt, July 27: Germany's biggest bank, Deutsche Bank, posted on Tuesday a second-quarter net profit of 1.2 billion euros (1.56 billion dollars), up from 1.1 billion in the same period a year earl