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Bharti Airtel surges over 8% after Q1 results


Mumbai: Shares of telecom major Bharti Airtel on Wednesday soared by over 8 per cent, even as the company reported a 9.6 per cent fall in net profit for the first quarter ended June 30, 2013. Bharti'

Andhra Bank Q1 Net down 36 pc at Rs 231 crore


Hyderabad: Public sector Andhra Bank on Wednesday said its net profit declined by 36 per cent to Rs 231 crore for the first quarter ended June 30, 2013, on account of higher provisioning towards non-

RBI leaves key interest rates unchanged in rupee battle; tone dovish


Mumbai: The RBI left interest rates unchanged on Tuesday as it supports a battered rupee but said it will roll back recent liquidity tightening measures when stability returns to the currency market,

Rupee rebounds to 1-month high of 59.13 vs USD on RBI steps

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Mumbai: Boosted by the RBI's fresh steps to curb exchange rate volatility, the rupee on Wednesday bounced back sharply by 63 paise to close at a one-month high of 59.13 against the dollar.
Snapping a

Sensex snaps 5-day rally, down 211 points as RBI steps hurt banks

Sensex July 24.jpg

Mumbai: Banking shares on Wednesday dragged down the stock markets for first time in six days with the benchmark S&P BSE Sensex sliding 211.45 points to 20,090.68 after the RBI took additional st

Povery rate down to 21.9 pc, says Planning Commission


New Delhi: Virtually sticking to its earlier controversial way of calculating poverty figures, Planning Commission on Tuesday said the number of people living below the poverty line has shrunk in bot

Sensex surges 143 pts to highest in 30 months, led by ITC, HUL

Mumbai: The benchmark S&P BSE Sensex surged 143 points to 20,302.13, the highest level in 30 months, as the markets gave a thumbs-up to the RBI's fresh curbs on gold imports and a drop in US home

Indian consumer confidence drops; ranked 3rd globally: Nielsen


New Delhi: Consumer confidence in India declined during the second quarter of this year putting it on third position globally with concerns of rupee devaluation and continuing inflation bothering urb

Market Khabar: Rupee may plunge to 65-67 against $


Comforted by the statements from the US Fed chairman that the its stimulus policies would be in place as long as necessary and FDI hike in several sectors including 100 per cent foreign direct invest

Bad to get worst for India


New Delhi: Economic and policy uncertainties could cost India annual investments of up to $3 billion from private equity funds and venture capitalists, according to investors’ grouping IVCA.

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.