Search found 109 matches

by Biyatris
Thu Aug 08, 2013 11:04 am
Forum: Business News
Topic: Sensex recovers and Rupee gains in early trade
Replies: 0
Views: 1043

Sensex recovers and Rupee gains in early trade

The Sensex and the Nifty fell about 0.5 per cent at the closing session on Wednesday on heavy selling in IT, FMCG, TECk and auto stocks amid weak global cues.Snapping a two-day losing streak, the BSE benchmark Sensex recovered by over 27 points in early trade on Thursday on emergence of buying by fu...
by Biyatris
Wed Aug 07, 2013 11:36 am
Forum: General Discussions
Topic: Big announcement expected from Govt to curtile CAD
Replies: 0
Views: 1101

Big announcement expected from Govt to curtile CAD

Major announcement is being expected by next week as part of an all-out effort to curtail the widening Current Account Deficit (CAD), which has sent the rupee into a free fall and further weakened the economy.India’s CAD touched a historic high of 4.8 per cent of the GDP in 2012-13 and is seen as on...
by Biyatris
Tue Aug 06, 2013 10:03 am
Forum: Business News
Topic: No growth : Aviva may exit from Indian Market
Replies: 0
Views: 1035

No growth : Aviva may exit from Indian Market

UK-based financial services major Aviva Plc is planning to exit from its over 10-year old Indian joint venture life insurance company with diversified FMCG player Dabur. :!: It may pull out of its Indian insurance joint venture, valued at more than $500 million, as the British insurer retreats from ...
by Biyatris
Tue Aug 06, 2013 9:48 am
Forum: Business News
Topic: Spice Jet & Tiger Airways : Tie up expected.
Replies: 0
Views: 1180

Spice Jet & Tiger Airways : Tie up expected.

Low-cost carrier SpiceJet, run by Kalanithi Maran, is in talks with Singapore budget airline Tiger Airways for a possible deal along the lines of the Jet-Etihad tie-up.SpiceJet seems best fit for Tiger Airways' expansion plan as well.A civil aviation ministry official said that in case of a tie-up, ...
by Biyatris
Mon Aug 05, 2013 10:16 am
Forum: Business News
Topic: CIL (Coal India Limited) hits record low
Replies: 0
Views: 1067

CIL (Coal India Limited) hits record low

Shares in Coal India fell more than 25 to a record low on Monday after posting its first quarterly profit decline in five quarters, saying lower sales realisations and higher wage and diesel costs were to blame. :roll: The state-owned miner said on Saturday net profit for its fiscal first quarter fe...
by Biyatris
Mon Aug 05, 2013 9:35 am
Forum: General Discussions
Topic: SBI to get its first women MD : Arundhati Bhattacharya
Replies: 0
Views: 1166

SBI to get its first women MD : Arundhati Bhattacharya

India’s Prime Minister’s Office has paved the way for the first woman head at a Public Sector Bank :idea: :idea: Arundhatti Bhattacharya is the new Managing Director (MD) and Chief Financial Officer (CFO)of SBI Capital Markets, the merchant banking arm of the lender. Earlier she headed SBI caps. Bha...
by Biyatris
Sat Aug 03, 2013 12:34 pm
Forum: General Discussions
Topic: Aakash 4 tablets in market from January 2014
Replies: 0
Views: 1073

Aakash 4 tablets in market from January 2014

Government has finalised specifications of next version of low-cost tablet,Aakash, which would be ready by January 2014.With 100 per cent FDI in telecom sector, the government seems bullish over telecom sector.At the National Telecom Summit 2013, organized by CII, telecom minister Kapil Sibal said t...
by Biyatris
Fri Aug 02, 2013 12:43 pm
Forum: General Discussions
Topic: MS-Office in Smartphones now!!
Replies: 0
Views: 1125

MS-Office in Smartphones now!!

Microsoft is bringing a pared-down version of its Office software to Android phones, but it won't work on Android tablets just as it doesn't on iPads. The software will be available starting Wednesday. It requires a $100-a-year subscription to Office and won't be sold separately.Microsoft Corp. is t...
by Biyatris
Fri Aug 02, 2013 12:28 pm
Forum: Business News
Topic: Civil Charges against Bank of America from US
Replies: 0
Views: 1038

Civil Charges against Bank of America from US

Bank of America is facing new legal troubles from US authorities.It disclosed on Thursday, including potential civil charges from the Department of Justice over securitisations of mortgages lent to wealthy borrowers.The bank has settled law suits over mortgages in the past year, helping to improve i...
by Biyatris
Thu Aug 01, 2013 4:29 pm
Forum: General Discussions
Topic: FD rate has been raised :HDFC Bank & Axis Bank
Replies: 0
Views: 1170

FD rate has been raised :HDFC Bank & Axis Bank

Because of the tight liquidity condition, two leading private sector banks -HDFC Bank and Axis Bank -have raised fixed deposit rates by up to 4 percent which may be followed by others in near future.. :!: :!: Country's second largest private sector lender, HDFC Bank, has raised fixed deposit rates b...

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