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Tata Steel hit by Orissa Govt's blanket mining ban order
Ore loading stopped at Joda East mines. The Orissa Government's order banning what it feels “illegal” mining by private companies in the State's iron ore-rich Banspani / Jarauli areas has proved too much for ...
Steel prices rise on high raw material costs
Steel prices are back on the rise and are set to go up further in the coming months. After the excise duty hike of 2 per cent announced in the Budget, steel companies across the country announced a price increase of around ...
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Qualcomm seeks to bring in 4G; looking for Indian partner
Move may give push to WiMax drive. India could have the fourth generation technology-based broadband services as early as ...
LIC Housing eyes banking licence
LIC Housing Finance Ltd, a leading mortgage lender, is keen to apply for a banking licence, following the Government's decision to open up the banking sector to more ...
Boeing Chairman in India
$11-b Air Force deal on the radar. The Chairman, President and Chief Executive Officer of the Boeing Company, Mr W. James McNerney, who oversees the strategic direction of the Chicago-based $68.3-billion aerospace company, is said to have met ...
Steel prices set to rise as coking coal turns dearer
Cos may pass on incremental cost to users as demand is good. Steel prices are set to rise further with the recent 55 per cent jump in benchmark international ...
SBI planning 10-year retail bond issue next fiscal
To mop up between Rs 50 crore and Rs 100 crore. State Bank of India plans to test the waters with a 10-year retail bond issue in the next ...
Pound may fall further as UK economic outlook worsens
It takes quite a lot these days for a currency to underperform the euro – which has been battered by a mixture of fears about Greece, Spain, Portugal ...
Soon, you may hold gold as pension fund, health insurance
Change definition of gold from commodity to financial instrument: WGC. Ever heard of people saying that they hold a certain percentage of gold in their health insurance or ...
Going against the Tide
Comparisons are odious, but HUL takes on P&G with just that in the latest chapter of the slugfest.. The ad war between Hindustan Unilever's Rin and Procter & Gamble's Tide has taken comparative advertising to a new level in India's ...
Get ready for S&P-500, DJ futures trading
NSE futures going to Chicago Mercantile Exchange. Indian investors will soon be able to take an exposure to the US equity markets on NSE via rupee-denominated futures contracts based on popular global indices – S&P 500 and Dow Jones ...
Volatility Index hits bottom
Reflects steady movement of Nifty. Volatility Index or India VIX, which measures the immediate expected volatility of Nifty, closed at 20.09 – the lowest since the launch of the index on November ...
Overseas investors pump in Rs 10,000 cr since Budget
Citi India says policy measures will ensure higher growth rate. Foreign institutional investors have put in more than Rs 10,000 crore in the equity markets since the Budget was tabled in Parliament on ...
Mercury crosses 41 degrees C-mark in A.P.
Sustained heating over east and east-central India has seen mercury level at isolated places in interior Andhra Pradesh breach the 40 ...
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