The BSE benchmark Sensex on Thursday lost 388 points to fall below 20,000 level on disappointing March quarter earnings from state-run lender SBI, amid weak global trend after US Federal Reserve hinted at scaling down monetary stimulus. Extending losses for the fourth straight day, the 30-share index nosedived by 387.91 points, or 1.93 percent, to […]
New Delhi : GlacialTech, a Taiwanese technology manufacturer, extends an invitation to all business and media partners around the world to attend their display of LED lights and drivers of its subdivisions, GlacialLight and GlacialPower, at the 18th Guangzhou International Lighting Exhibition (Hall 11.2, Booth #B10). The exhibition will be held at China Import and […]
By Sachin Murdeshwar Mumbai : Chennai based, Indian Bank has reported 15.4 per cent fall in net profit at Rs 292.12 crore for the fourth quarter ending March 31, 2013. The city-based public sector bank’s net profit stood at Rs 345.41 crore during the corresponding period of previous year. The drop in net profit is […]
As SEBI celebrates its 25 years of existence, Chairman U K Sinha says this has been an eventful journey for the capital markets regulator and it has created market infrastructures that are better than those in many other countries, including some most developed economies. “As far as the past 25 years are concerned, Sebi’s journey […]
Amid outcry over Ponzi schemes causing huge losses to common people, Finance Min P Chidambaram has said there are regulatory gaps and efforts are being made to frame a new law to oversee financial sector. “The present arrangements have a number of gap areas, where no regulators are unambiguously in-charge, such as issue of regulatory […]
Finance Min P Chidambaram sought to assuage the stock market, after it declined by over 350 points, by asserting that there was no need for any nervousness. Chidambaram said the participants should read the situation correctly rather than be influenced by external developments. “…there is no need for any kind of nervousness. I am looking […]
Abu Dhabi carrier Etihad’s Rs 2,058-crore stake purchase in Jet Airways has hit a regulatory air pocket, as regulators are seeking more clarity on the deal to ensure overall competition in the aviation market is not affected and interests of public shareholders and consumers are protected. Separate clarifications have been sought on the deal, which […]
The BSE benchmark Sensex on Thursday slumped below the 20,000-mark during mid-session by losing a whopping 364 points, on sustained selling triggered by weakness in other Asian bourses. The 30-share index started the day on a bearish note at 19,971.37 and nosedived by 364.80 points to 19,697.40 at 1230hrs, with all the sectoral indices, led […]
Sliding for the third day, the BSE benchmark Sensex on Wednesday fell by 49 points to close at a fresh one-week low, dragged down by a 6 per cent slump in L&T after its quarterly results failed to meet market expectations. After a better start at 20,220.35, the 30-share index fell by 49.37 points, or […]
New Delhi : Kelly Services, India’s leading staffing firm released its annual Indian Salary Guide 2013-14, a valuable guide from Kelly Services toward workforce solution. It gives a detailed summary of the jobs/skills in demand in India along with the right salary benchmarking in each sector. 2013 in India has shown more green shoots than […]
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1. Aloft Bengaluru Outer Ring Road elevates Haramohan Bora as Director of Food & Beverage
2. Acer’s first AI Powered Gaming laptops – Predator Helios 16 and Neo launched starting at Rs. 149999