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  • Saturday, May, 2024| Today's Market | Current Time: 09:22:58

    • Business

    Another export sector reveiw in December: Sharma

    A day after announcing export support measures, Commerce and Industry Minister Anand Sharma said his Ministry would conduct another review of the impact of the trade policy and performance of different sectors in December. “We will have another sectoral review in December,” Sharma said at a seminar on Foreign Trade Policy organised by industry body […]

    Markets

    India invites Singapore investors

    Singapore-based investors have a strategic role to play in the Mumbai-Delhi Industrial Corridor development, especially the city state’s experience in providing urban solutions and skill development education, Indian High Commissioner T C A Raghavan said. “Singapore investors can focus on providing water treatment technologies, urban development solutions and skill manpower development,” he said at the […]

    Business

    Exporters, industry pleased with sops in trade policy

    Up against weak recovery in major markets, exporters and the industry welcomed incentives worth Rs 1,052 crore, stating the steps in the annual review of the Foreign Trade Policy will help India achieve the export target of USD 200 bn this fiscal. In order to give immediate relief, a bonus incentive (over and above the […]

    Markets

    NSE CHANGES IN INDICES

    INDIA INDEX SERVICES & PRODUCTS LIMITED (IISL) (A joint venture of NSE & CRISIL) The Index Maintenance Sub-Committee has decided to make the following changes in various indices during its periodic review. These changes shall become effective from October 1, 2010. (1)          S&P CNX Nifty Index The following companies are being excluded: Sr. No.  Company […]

    Business Magazine

    ‘I am always in quest of innovative endeavors’

    K  Balachandran Nair, the indomitable chairman and managing director of Universal Empire Group, is a natural-born mentor and a doggedly determined achiever.  Mr. Nair is certainly among the most reverentially talked about and regarded-with-awe business leaders. This Kerala born mogul is one who thinks big and talks straight.  In a candid talk with our Chief […]

    Business

    Tripura thermal power project to be operational in 2012:ONGC

    The much-awaited 726.6 MW gas- based thermal power project at Palatana in Tripura’s South District would be operational by March 2012, ONGC Chairman R S Sharma said on Saturday. “All efforts have been taken by ONGC for timely achievement of gas supply commitments, which would be operational by March 2012,” Sharma told reporters in Agartala. […]

    Business

    Sensex ignores global blues to extend gains; banks on a roll

    Ignoring a weak global trend, relentless buying by foreign funds coupled with fall in inflation and rise in exports for the ninth month in a row boosted the market sentiment and kept the BSE Sensex well above the 18,000 level despite heavy selling by domestic funds. Persistent buying by foreign funds amidst softening food inflation […]

    Business

    Oil Slides as Equities Drop, Dollar Strengthens

    Oil prices continued to slide on Friday as a sell-off in stocks and a strengthening dollar weighed on the energy commodities. The U.S. Economic Cycle Research Institute said on Friday that its index for future economic growth fell to a 3-week low last week. Stocks remained weak with very light trading volume. Fears about a […]

    Business

    Philips to Sell LCD TV Business to TPV

    Dutch electronics giant Royal Philips Electronics plans to sell its LCD TV business in the Chinese market to Admiral Holdings Ltd, a wholly owned subsidiary of Hong Kong-listed TPV Technology Limited, according to an announcement issued by TPV on Thursday. The two companies reached a letter of intention on the same day, under which TPV […]

    Business

    Nikon targets 5% business in India in next three years

    SHILLONG: Imaging technology giant Nikon on Friday said it was targeting 1800 retail outlets for in-store branding in India. “Nikon is targeting 1800 retail outlets for in-store branding along with the plan to hire 200 as store promoters in the current financial year. The company has already set up more than fifty D-SLR and COOLPIX […]

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