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Posted by: research_4u

Mumbai :: India | updated 2014-04-16 04:26:17 -0700 | business-news

Traded under pressure due to profit booking in the market today. Sensex today fell 250 points, while the Nifty fell to 6665. Today, with heavyweights - with Midcap and Smallcap stocks also dominated dumped. BSE Midcap and Smallcap index dropped...
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Source: Indian Express

Mumbai :: India | updated 2014-04-16 04:12:38 -0700 | business-news

A year after Diageo's open offer to the public shareholders of United Spirits (USL) received poor response and mopped up a mere 58,668 shares, the company rolled out a new tender offer on Tuesday. The British liquor company is confident...
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Source: India Abroad

Mumbai :: India | updated 2014-04-16 05:26:34 -0700 | business-news

The exchange has been struggling to raise funds with a rights issue, ending on Thursday. A spokesperson said, The issue is not the only option available for capital infusion. Preferential placement, roping in strategic investors, M&A (merger and acquisition), etc,...
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Source: India Abroad

Mumbai :: India | updated 2014-04-16 05:25:20 -0700 | business-news

However, he expects retail customers to be more inclined towards family floater plans in the days to come.   This is because when looking for a family health cover, floater policies turn out to be cheaper than individual policies for...
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Source: India Abroad

Mumbai :: India | updated 2014-04-16 05:25:15 -0700 | business-news

For the shareholders of Maruti Suzuki India, FY14 wasn't a smooth ride.  Even as the car maker emerged as the number two wealth creator among the BSE Sensex companies by adding Rs 19,307 crore more to its market capitalisation, the...
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Source: India Abroad

Mumbai :: India | updated 2014-04-16 01:13:06 -0700 | business-news

While the Sensex has gained 6.6 per cent in 2014 so far, the IT index has corrected 3.1 per cent. Investors' churn away from defensive sectors (IT, consumer goods and pharmaceuticals) is one reason for this fall. Rupee depreciation and...
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Source: India Abroad

Mumbai :: India | updated 2014-04-15 23:18:28 -0700 | business-news

When exchange rates are managed in order to stimulate exports and if there is no change in the fiscal policy or monetary policy, exchange-rate interventions amount to diversion of demand (from the developed world to the developing world)."
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Source: India Abroad

Mumbai :: India | updated 2014-04-16 00:05:26 -0700 | business-news

W holesale Price index-based inflation rose sharply to 5.7 per cent in March from 4.7 per cent in February. The rise was broad-based, with inflation in all three categories -- food, fuel and manufactured articles -- rising simultaneously. Primary food...
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Source: India Abroad

Mumbai :: India | updated 2014-04-15 22:14:11 -0700 | business-news

H owever, its peers are clocking better growth rates with similar deal sizes. Bad weather conditions resulted in several retail clients delaying projects in Q4. B G Srinivas, president of Infosys, said he saw weakness in financial services, retail and...
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Source: India Abroad

Mumbai :: India | updated 2014-04-15 22:14:20 -0700 | business-news

O Why did you decide to leave Infosys ahead of your superannuation?   The nominations committee has started search for the next CEO and they need to find a successor. So it is important for me to give clarity of...
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Source: India Abroad

Mumbai :: India | updated 2014-04-15 20:26:06 -0700 | business-news

S tating that the company posted a 32 per cent growth in volumes in 2013, Kern said, "Sales in the January-March period grew by 27.12 per cent to 2,554 units." The German firm had reported a 31.62 per cent increase...
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Source: The Hindu

Mumbai :: India | updated 2014-04-16 02:37:31 -0700 | business-news

Aam Aadmi Party (AAP) on Wednesday alleged that its candidates in Mumbai were repeatedly being denied permissions to hold rallies, road shows and other events by local authorities. While the other parties are granted permissions with ease, AAP has been...
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Source: The Hindu

Mumbai :: India | updated 2014-04-16 05:47:05 -0700 | business-news

Sonia Gandhi's visit to Karimnagar on Wednesday to turn the tide in their favour in the Assembly and parliamentary elections on April 30...Gandhi is fulfilling the assurance she had given in 2004 that the Congress was in favour of creating...
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Source: The Hindu

Mumbai :: India | updated 2014-04-16 01:42:10 -0700 | business-news

I was suspended to save influential people Suspended IPS officer G...Mr. Kumar was part of the investigation conducted earlier by the Crime Branch CID, Chennai, into the match-fixing scandal...Mr. Kumar, who filed the application through advocate Vipin Nair, alleged that...
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Source: The Hindu

Mumbai :: India | updated 2014-04-16 00:46:02 -0700 | business-news

Mired in corruption and a slew of scams, the Congress was getting isolated from the common people because of the anti-people policies pursued by it, Chief Minister of Tripura Manik Sarkar said on Tuesday. With skyrocketing prices of essential commodities...
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