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BHEL PAT up 6 pct to Rs 3,039 cr

April 2, 2009 1:01:43 pm

BHEL said its profit after tax increased 6.29 pct in the financial year ended March 31,2009.

RIL surge 4 pct on start of gas production

April 2, 2009 1:00:19 pm

Reliance Industries on Thursday surged over four per cent on the Bombay Stock Exchange.

Nano to bring down price of used cars: Dealers

April 2, 2009 11:52:31 am

With the launch of Nano,dealers of used cars forecast around 30-40 pct dip in the sales of used small car in the country.

Inflation seen at 0.18 pct on March 21

April 1, 2009 5:00:26 pm

Inflation is forecast to have dropped closer to zero in third week of March,a Reuters poll showed.

Indian ADRs gain over $9 bn in March

April 1, 2009 4:15:25 pm

Led by Wipro,Indian cos on American bourses saw $9 bn rise in their market capitalisation.

Mutual Funds industry sitting on a volcano

April 1, 2009 3:45:37 pm

The mutual funds industry is sitting on a volcano as 75-80 pct of its assets are short-term.

‘Remittances from NRIs may dip by 20%’

April 1, 2009 3:33:00 pm

With the migrant workers losing jobs,remittances from NRIs could decline by 20 pct this fiscal.

Mahindra undertakes repositioning exercise for Scorpio

April 1, 2009 2:57:13 pm

Mahindra & Mahindra is giving its popular Scorpio an image makeover to position it as a thoroughbred sports utility vehicle.

Govt abolishes banking transaction tax

April 1, 2009 2:12:40 pm

The levy was introduced in 2005 to track unaccounted money and trace its source.

Samsung partners BSNL,MTNL for 3G services

April 1, 2009 1:26:35 pm

Samsung launched an 8 mega pixel touchscreen,3G enabled phone 'Ultra' priced at Rs 27,500 in India.

Yamaha Motor’s March sales up 45.26 pct

April 1, 2009 12:53:37 pm

Yamaha Motor reported a 45.26 per cent increase in its sales during March at 14,558 units.

Asia banks see chance as Western rivals retreat

April 1, 2009 12:25:45 pm

Asia's banks are likely to step in with loans and boost their presence across the region as the credit crisis has forced big Western rivals to retreat.

World economy may shrink up to 1 pct: IMF

April 1, 2009 11:41:42 am

The IMF sees the world economy contracting by between 0.5 per cent and 1 per cent in 2009.

GMR eyes Southeast Asia energy deals

April 1, 2009 11:37:48 am

GMR Infrastructure has hired a former Temasek official to head a new office in Singapore.

TVS Motor March two-wheeler sales up 4.2 pct

April 1, 2009 11:11:41 am

TVS Motor said on Wednesday its total two wheeler sales in March stood at 121,988 units.

US to enter 17th month of recession in April

March 31, 2009 4:51:08 pm

US govt's mega bailout packages seem to have failed to steer the US out of the downturn.

Settle it over pillow-fight: Time to Ambani bros

March 31, 2009 4:40:29 pm

Time has advised Mukesh Ambani to settle his spat with younger sibling Anil over a 'pillow fight'.

World Bank to create $50 bn trade fund

March 31, 2009 3:03:48 pm

World Bank President Robert Zoellick announced a $50 billion global trade liquidity program.

Nepal’s inflation soars to 13.7 pct

March 31, 2009 1:46:46 pm

Inflation in Nepal is showing no signs of easing even though the index touched a 30-yr low in India.

Nokia Siemens Networks opens new Global Network Solutions Center

March 31, 2009 12:25:11 pm

Nokia Siemens Networks inaugurated a new Global Network Solutions Center (GNSC).

Apply laws for PSU banks to pvt banks also: Sleuths

March 31, 2009 11:18:03 am

The idea was mooted during a meeting of officials of the Central Vigilance Commission,the CBI and other security agencies recently,official sources said.

Oil spikes to 48.96 dollars a barrel

March 31, 2009 10:25:08 am

Crude oil prices rose to $48.96 in Asian trade on Tuesday but remained below 50 dollars a barrel.

SIDBI looking at $700-900 mn foreign borrowing

March 31, 2009 10:21:15 am

The Small Industries Development Bank of India (SIDBI) on Tuesday said it is looking at foreign borrowings to the tune of USD 700-900 million for the next fiscal year.

Rupee appreciates to 51 against dollar

March 31, 2009 10:12:31 am

Rupee appreciated by 18 paise against dollar on Tuesday on expectations of fresh capital inflows.

Growth above 8 pct sustainable: RBI

March 30, 2009 4:47:55 pm

RBI expects the growth rate to bounce back above 8% once the current global turmoil passes.

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