The rupee goes down to a 3 years low as importers bought dollars on expectations that the rupee will weaken in future. The dollar ($) is the name of the official currency of many countries, including Australia, Belize, Canada, Ecuador, El Salvador, Hong Kong, New Zealand, Singapore, Taiwan, and the United States. The stock index had lost 4.79% last week, ...
Category: Finance
November 15, 2011
Kingfisher Airlines – What ails this premium ...
Vijay Mallya Kingfisher Airlines: Last year Kingfisher was India's No.2 carrier by market share, cut its debt through a reorganizing by issuing shares to 14 banks, including SBI and ICICI Bank. Kingfisher Airlines, what ails this premium Airline of India?.
Kingfisher's net loss in the quarter ended Sept. 30 deepened to 4.7 billion rupees from 2 billion rupees in the year-ago ...
November 4, 2011
Ramalinga Raju Satyam Chief got bail
The SC on Today 4th November 2011 granted bail to Satyam founder B Ramalinga Raju, B Rama Raju (Ramalinga ...
October 19, 2011
Pranab Mukherjee: Global slowdown impacts on India& ...
Finance minister (FM) Pranab Mukherjee said the global slowdown impact India's growth, expected this impact will start from December. Present Indian economy growing at 8%, down from 8.5% in 2010 to 2011.
FM recognized both the economic slowdown and increasing inflation to global economic problems, mainly the increasing price of crude oil in International markets, which has continued high at $106 ...
August 9, 2011
Share market news bad : Double dip recession likely ...
Share market news is bad. The double dip recession is a likely possibility as markets tumble. The markets in USA crashed yesterday again and that led to crash in Asian markets.
What is Double dip recession?
Double Dip recession is a a slowdown in the demand for goods and services because of layoffs and spending cutbacks from the previous downturn. Double Dip recession ...
August 5, 2011
Another recession in 2011 and 2012
Another recession in 2011 and 2012 is almost visible due to US recession and Europe debt Crisis. The stock markets today have reacted sharply to the news of impending recession in US economy. This was the scene across the world with market indices in USA, Japan and Hong Kong responding negatively to the news.
Sensex 14 months low due to US recession fear
BSE benchmark ...
July 12, 2011
Infosys First Quarter Net Profit increases 16% at R ...
Infosys is the second largest software company in the Country, on Tuesday reported 16% net profit to Rs. 1722 crore. First quarter ended on 30 June, 2011. Also infosys estimates about the second quarter in the range of Rs 7,699 crore and Rs 7,810 crore. Infosys will hire ...
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Income Tax department in ...
RIL AGM 2011 thwarted shareholders as the stock falls from Rs. 967.90 to Rs. 936.15, down 1.65 percent after 1.7 percent up earlier today before Mukesh Ambani's speech of remarks on June 3, 2011 (Friday), who is the the world's ninth richest man with a net worth estimated at $27 billion in Forbes list 2011.
Reliance Industries Ltd., India’s biggest company ...
Latest news related to Todays Gold Rate in Chennai, Bangalore, Hyderabad, Mumbai, Gold Price in India on Akshaya Tritiya 2011, which has been updated online.
Get here Todays Gold Rate in some cities of Metros as every one is searching for Gold Price in India ...