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BUSINESS
RBI leaves key rates unchanged
But raises Statutory Liquidity Ratio by 100 basis points

Sensex tanks 387 points
MUMBAI: The Bombay Stock Exchange sensitive index, Sensex, on Tuesday tumbled by over 380 points on frenzied selling triggered by the Reserve Bank’s quarterly monetary policy review, which investors viewed as hawkish even though key ...

BOC India to set up air separation unit
KOLKATA: BOC India, a member of The Linde Group, on Tuesday announced its plans to invest Rs. 830 crore in India including a Rs. 600-crore investment for setting up an air separation unit (ASU) at the Jamshedpur works of Tata Steel. Once ...

Wipro net rises 19% to Rs. 1,162 cr.
BANGALORE: Wipro on Tuesday reported a 6 per cent growth in revenues at Rs. 6,917 crore against Rs. 6,507 crore in the corresponding quarter in the previous year. The profit after tax went up by 19 per cent to Rs. 1,162 crore from Rs. 978.20 ...

GDP growth estimates too conservative, says Pranab
RBI, Finance Ministry work in close cooperation

BSNL joins hands with Intel and HCL
To support Bharat Nirman project for rural development

Tata Steel net profit halves
Lower steel prices and margins cited as main reasons

Industry hails RBI moves
‘The action is aimed at strengthening the recovery process’

Other Stories



Barometer


Briefly
Jump in Gillette India first quarter profit
MUMBAI: Gillette India has registered net sales of Rs. 177 crore in the first quarter ended September 30, 2009 against Rs. 142 crore in the year-ago period, , up 24 per cent. The profit after tax and exceptional items at Rs. 38 crore recorded ...

Max New York launches universal plan
HYDERABAD: Max New York Life launched an attractive universal life insurance plan ‘Secure Dreams’ here on Tuesday. Addressing a press conference, Corporate Vice-President Manik Nangia said the premium of the plan would be deposited ...

ING to separate banking and insurance
CHENNAI: ING Group has announced that it will move towards a complete separation of its banking and life insurance operations as part of its ongoing back-to-basics programme. While the separation will be achieved over the next four years by a ...

Amara Raja’s batteries get BSNL recognition
CHENNAI: Amara Raja Batteries has been awarded the “Best telecom equipment manufacturer” by Bharat Sanchar Nigam Limited (BSNL) for 2008-09 under the category “VRLA batteries”. The award was presented by the Chairman ...

Samsung introduces new Omnia
NEW DELHI: Samsung Electronics Co. on Tuesday strengthened its Omnia series with the launch of Omnia II–GT I8000, a high-performance touch-screen phone with latest multimedia features, user interface and fast connectivity. Priced at Rs. ...

Credit Guarantee Fund opens office in Chennai
CHENNAI: Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) has opened a representative office in Chennai for providing better awareness about credit guarantee scheme among entrepreneurs and banks in Tamil Nadu. The website ...




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