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High growth rates in housing finance
MUMBAI, MAY 6. The housing finance industry, encompassing banks and housing finance companies (HFCs), has exhibited a 36 per cent growth between April and December 2002 despite the high prepayment levels experienced by some HFCs. While banks ...
Exports likely to be buoyant
NEW DELHI, MAY 6.The Government today expressed confidence about exports continuing to grow at double digit levels after exporters gave assurances that last year's buoyant growth could be continued in the current fiscal. After a meeting with ...
TCS acquires Airline Financial
MUMBAI, MAY 6. Tata Consultancy Services (TCS), a significant player in global software and consulting services, has announced the acquisition of Airline Financial Support Services India Pvt. Ltd. (AFS). A business process-outsourcing outfit, AFS ...
PSE, power stocks remain in favour
MUMBAI, MAY 6. Led by oil majors HPCL and BPCL, old economy shares continued their northward journey, pushing the benchmark up by yet another 17.53 points to close at 2993 on the Bombay Stock Exchange here today on sustained buying from foreign ...
Rupee hits new high
MUMBAI, MAY 6. Sustained heavy corporate and trade inflows drove the rupee to yet another 20-month high against the U.S. currency today, which pierced through the 47.30 a dollar psychological barrier. The domestic unit ended at 47.2650/2700 a ...
Other Stories

  • Dax Networks launches ultrafast switch
  • ICICI Lombard to hike capital
  • UTI Bank pays 22 p.c.
  • Sri Lankan Airlines to expand Asian operations
  • Patni buys out U.S. firm
  • Slow growth of corporate bond market
  • India a key market for food products
  • SHF's disbursements up 53 p.c.
  • SAIL cuts losses
  • BPO firms graduate to front-end processing


    Barometer
  • Stock Market Index
  • Exchange rates
  • Bullion rates


    Monitor
  • Ranbaxy gets tentative nod for Fluconzole
  • L & T pact with Kobe Steel
  • Net4India ties up with Net2Phone
  • Onward Novel partners PwC
  • Satnam to undertake contract farming



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