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Tue, 09 Feb 2010 05:54:15 +0530

Sensex apes global peers, ends 434 points lower

Mumbai: A key benchmark index for Indian equities Friday shut shop 434 points lower than its previous close, aping global peers that remained depressed over fears of rising sovereign debt in Europe and poor US job data. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,222.56 points, closed at 15,790.93 points, down 434.02 points or 2.68 percent from its previous close at 16,224.95 points. At the National Stock...Full Story

• Ford India to export Figo, engines to South Africa

• Chola MS gets Rs.50 crore as additional capital

• ArcelorMittal picks new site for Karnataka plant

• Tamil Nadu to have investment policy for auto sector

• Growth constitutes just 3 percent of planning: Ahluwalia

• Wipro seeks 50 acres near Bangalore airport for IT park

• BSNL hit by Gorkhaland stir, faces Rs.2.4 cr loss

• RBI opposes penalty on loan prepayment, but takes no action

• NTPC to hire 6,000 people over five years

• Children's books doing brilliant business

» Malaysia to sign more than 13 MoUs with India

» Sikkim is held hostage by Gorkhaland agitation: Chief minister

» Bangladesh, Myanmar agree to compromise on sea boundary dispute

» US adds dozens to no-fly list after Christmas Day attack

» Remittances to Mexico fell 14 percent in November

» European inflation rises as recovery gains ground

» Brazil's 2009 trade surplus smallest in seven years

» South Korea to ban single-hulled tankers' entry

Infrastructure bonds option for ordinary NRIs: Ravi

New Delhi:A new proposal to issue infrastructure bonds to overseas Indians will give a fresh...

DSIIDC to develop NIFT infrastructure in Kangra

New Delhi: Spreading its wings out of the national capital, the Delhi State Industrial and...

8,000 km road construction contracts this fiscal: Montek

Kolkata: The central government will bid out 8,000 km of road construction contracts in the...

India to improve road links with Bangladesh, Myanmar

Agartala: India will invest Rs.1,666 crore (Rs.16.66 billion) to develop highways in Tripura and...

L&T bags Rs.2,155 crore National Fertilisers project

Mumbai: Engineering and infrastructure major Larsen and Toubro (L&T) Monday said it has bagged a...

India on verge of disaster on farm front: M.S. Swaminathan

Thiruvananthapuram: M.S. Swaminathan, top farm scientist and one of the architects of India's...

Sun Pharma gets USFDA Approval for Nicardipine Injection

Mumbai:Sun Pharmaceutical Industries Ltd. (Reuters: SUN.BO, Bloomberg: SUNP IN, NSE:SUNPHARMA,...

Bharat Biotech's rabies vaccine to touch 20 million doses

Hyderabad : City-based vaccines and biotherapeutics manufacturer Bharat Biotech expects to more...

» Suhel Seth to advise railways on advertising
» Kerala eyeing Punjab, Chandigarh tourists
» Karaikal port gets connected to rail network
» Air India, Indian Airlines merger to stay
» Air India, Indian Airlines merger to stay
» Chandigarh gets Rs.27 cr central assistance for tourism
» Strike seeking separate Kosala state hits rail services
» Train tickets from mobile vans in Kolkata

Banking & Finance

Reliance Money plans to sweep market with new product

Kolkata: Reliance Money, distribution and broking brand of Reliance Securities Ltd (RSL), Tuesday...

Telephony & Communications

Reliance power net up 26 percent

Mumbai:Electricity generation and distribution major Reliance Power, part of the Reliance...

Toyota to boost hybrid production: Report

Tokyo: Toyota Motor Corp plans to double its production of hybrid cars to one million units in...

Auto Expo affirms India as global auto industry hub

New Delhi: India's emergence as a major market and a hub for the global auto industry was...

People will invest in India if laws are right: Indo-Canadian minister

New Delhi: If the Indian diaspora is to be tempted to invest in this country, then greater...

'Personalised mover' draws eyes at Auto Expo

New Delhi: A "Personalised Mover" that could find applications at the Commonwealth Games in...

Government forms panel on rating fuel-efficiency of cars

New Delhi: Road Transport and Highways Minister Kamal Nath Wednesday said the government has...

» Kerala IT firm extends partnership in Blue Brain Project

» Punjab to set up IT-knowledge park

» India's tech industry relieved as 'Year of Satyam' blows over

» Tata Motors to spruce up maintenance of low-floor buses

» Jet to fly on Mumbai-Dhaka sector from Wednesday

» Microsoft ups the ante against pirates

» Price bids for supply of TV sets to be opened Dec 15

» New IT centre to come up in Kolkata by 2011

Energy & Power

JSW group plans entry into power plant boiler making

Chennai: Aiming to become an integrated power generation equipment manufacturer, the $3.7 billion...

Economy & Policy

Top-level vacancies frustrating tax targets: CBDT

New Delhi: With just three weeks to go for India's national budget for next fiscal, the finance...

Money Mail

NDMC public offer by fiscal-end

Mumbai : The government plans to divest 8.38 percent in state-run National Mineral Development...

Industry Voice

Emami ropes in Dhoni, Preity Zinta as brand ambassadors

Kolkata:The Emami group has roped in Indian cricket skipper Mahendra Singh Dhoni and actress...

Retail & Franchising

i-Next announces Franchise program

"i-Next" India's first ever brand to start retails of the latest electronic gadgets such as...

Markets

Calcutta Stock Exchange to advance trading time from Jan 4

Kolkata: Come Jan 4, the Calcutta Stock Exchange (CSE) will start trading from 9 a.m. instead of...

Product & Brand Launches

Coca-Cola launches lemon fruit drink

Chennai: Soft drinks major Hindustan Coca Cola Beverages (Coca-Cola India) may substitute the...

Bihar to promote litchi liquor

Patna: Time to get tipsy with litchi -- literally. Bihar has accepted a proposal of the Indian...

India Business News

» Larsen and Toubro bags Rs.1,100 crore construction deal

Mumbai: Engineering and construction major Larsen and Toubro (L&T) Wednesday...

» Ministerial panel seeks clarification from Air India

New Delhi:The Group of Ministers (GoM) on Aviation Wednesday sought...

» Withdrawing stimulus could be delayed: Chief statistician

New Delhi: Though India's industrial recovery is well on track, the...

» NTPC issue subscribed 70 percent on first day of offer

Mumbai: State-run power utility NTPC's public offer, which opened Wednesday,...

» Toshiba, Jindals target $400 mn from new power equipment venture

Chennai: The steam turbine and power generation venture between Toshiba of...

Newsmakers

» Lighting up from the sky - solar-powered rooftop batteries

» R. Ravimohan dies of heart attack

» PepsiCo names Indian-born Kumar president of Quaker Foods

» Ramadorai steps down as Tata Consultancy chief

» GP Singh joins Lodha Developers Ltd a as CFO

Sensex

Sensex soars in morning trade, up 301 points

Mumbai:A benchmark index for Indian equities soared in the morning session of Wednesday's trade...

Expansion and Achievements

» Siemens to invest Rs.1,600 crore over next three years

» Emami plans for Rs.5,000 crore turnover in five years

» 1600 Village Dairy Cooperatives formed in Saurashtra and Kutch

» Renault Nissan to open Chennai factory early next year

» Britannia Industries enters milk-based drinks segment

Turks and Tycoons

» Private bus owners in Kerala call off stir

Thiruvananthapuram:Private bus owners in Kerala called off their three-day-old stir Thursday after Chief Minister V.S. Achuthanandan assured them of looking into their demands. Emerging after a...