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Mumbai :: India | updated 2014-08-01 01:32:17 -0700 | business-news

Since then, monthly increases have continued and the rupee has strengthened. The losses have fallen rapidly since March as the prospect of a stable and decisive government under Prime Minister Narendra Modi helped the rupee gain against the dollar.  Losses on...
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Source: India Abroad

Mumbai :: India | updated 2014-08-01 01:12:18 -0700 | business-news

G old prices were quoted with a high premium for physical delivery since the past one year, when imports were restricted under the 80:20' rule. For a few months, premiums were $100-180 an oz over the landed cost of imported...
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Source: India Abroad

Mumbai :: India | updated 2014-08-01 01:12:11 -0700 | business-news

In the previous review, too, RBI had taken steps towards liquidity management. RBI had earlier said it wanted call rates to hug the repo rate (at which it lends to banks), which is at eight per cent...Moses Harding, group chief...
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Source: The Hindu

Mumbai :: India | updated 2014-08-01 01:09:13 -0700 | business-news

Friday reported a marginal decline of 1.42 per cent in total sales to 48,010 units in July. The company had sold 48,704 units in the same month of last year, it said in a statement. In the domestic market, Hyundai...
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Source: The Hindu

Mumbai :: India | updated 2014-07-31 23:59:18 -0700 | business-news

We let anyone and everyone interrupt us as isn't it only polite to attend to whoever is interrupting us? We may get to the front of a queue and finally sit down in front of the bank manager. But then...
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Source: The Hindu

Mumbai :: India | updated 2014-07-31 23:59:03 -0700 | business-news

Maharashtra's 36th district Palghar was carved out of India's most populous district Thane on Friday. A formal function heralding the new district will be attended by Chief Minister Prithviraj Chavan later in the day even as scores of hoardings announcing...
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Source: India Abroad

Mumbai :: India | updated 2014-07-31 23:47:40 -0700 | business-news

The airline made profits in 2013-14, but they were lower than the Rs 104 crore (Rs 1.04 billion) of 2012-13.   GoAir is in talks with foreign airlines for a strategic investment but De Roni said the airline was not under...
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Source: The Hindu

Mumbai :: India | updated 2014-07-31 22:41:05 -0700 | business-news

Four members of a family were found dead in their apartment at Chembumukku near Kakkanad around 2.30 a.m. on Thursday. Sajo Johnson, 40, his wife Deepthi Antony, 34, and the couple's eight-year-old children, Alfred and Alex, were found dead in...
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Source: The Hindu

Mumbai :: India | updated 2014-07-31 22:40:56 -0700 | business-news

Venugopal and Mayor Tony Chammany walk through repairs done over a few potholes of the road near Passport Office Road in Panampilly Nagar...The hostility dates back to the last local body elections when Mr. Chammany was made the Mayor throwing...
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Source: The Hindu

Mumbai :: India | updated 2014-07-31 22:40:48 -0700 | business-news

Thulasi Kakkat Sculptor Anish Kapoor may not immediately stand out on the streets of Fort Kochi in his blue shirt and knee-length shorts. But in the world of art, he is among the most influential sculptors of his generation. Sculptor...
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Source: The Hindu

Mumbai :: India | updated 2014-07-31 22:39:49 -0700 | business-news

The court said it was inclined to look into the matter after the completion of 90 days' arrest of Mr. Shah, when the Economic Offences Wing (EOW) is likely to file a charge sheet against him. The police have been...
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Source: The Hindu

Mumbai :: India | updated 2014-07-31 22:39:45 -0700 | business-news

Language of primitive tribe has no script and is under influence of Nepali and Bengali: researchers When scientists of the Anthropological Survey of India (AnSI) set out to conduct a study on language of the primitive Toto tribe, whose population...
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Source: India Abroad

Mumbai :: India | updated 2014-07-31 22:38:30 -0700 | business-news

25 IST S pecial audit report conducted by the PricewaterhouseCoopers on Multi Commodity Exchange has met with another opposition. PwC.   PwC report submitted to the FMC in last April mentioned the names of Key Management Personnel of MCX and the...
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Source: Rediff

Mumbai :: India | updated 2014-07-31 21:47:11 -0700 | business-news

Discounts galore A ggarwal says that the launch of Mobilio and Zest are risks to one-third of Maruti's earnings in the near term. The new launches co-incide with heavy discounts from Maruti, given the muted consumer sentiment. Though it has...
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Source: The Economic Times

Mumbai :: India | updated 2014-07-31 21:14:19 -0700 | business-news

Overseas investors sold shares worth Rs 1,654 crore ($273.2 million) on Thursday. It was their biggest single-day selling since July 2, provisional exchange data showed. Also, Thursday marked a second consecutive day of net sales by foreign investors, totalling $319...
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