India's Sensex loses 3.5 per cent on political uncertainty
New Delhi - India's benchmark Sensex shed more than 450 points, a loss of 3.48 per cent on Tuesday on heavy selling by funds and investors in blue-chip stocks. The 30-share sensitive index lost 471.02 points and was trading at 13,054.97 points, parin...
[Posted
on :
2008-07-08 ] Category : [
India (Business) ]
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India's Sensex bounces back, gains 5.4 per cent
New Delhi - India's benchmark Sensex index recovered on Wednesday, posting a gain of 5.4 per cent to partially offset the 10 per cent loss in the last three trading sessions. The 30-share-sensitive index, which slumped below 13,000 on Tuesday, a leve...
[Posted
on :
2008-07-02 ] Category : [
India (Business) ]
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Oil prices, political uncertainty pull down Indian shares
New Delhi - Soaring crude oil prices and inflation along with political uncertainty pulled down Indian markets Tuesday with both of the major share indices recording declines of over 3.5 per cent. The Bombay Stock Exchange's sensitive 30-share Sensex...
[Posted
on :
2008-07-01 ] Category : [
India (Business) ]
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India's Sensex tanks 4.4 per cent on rising oil prices
New Delhi - India's benchmark Sensex lost more than 600 points to dip below the 14,000-level on Friday, tracking weak global cues and on concerns of rising oil prices. The 30-share-sensitive index, which had gained 325 points in the last two trading ...
[Posted
on :
2008-06-27 ] Category : [
India (Business) ]
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Vodafone fights 2-billion-dollar Indian tax claim
New Delhi - Global telecom giant Vodafone Monday began its arguments to fight a 2-billion-dollar tax bill on its purchase of a controlling stake in Indian mobile operator Hutchison Essar, officials and news reports said. The Bombay High Court was hea...
[Posted
on :
2008-06-23 ] Category : [
India (Business) ]
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India to sign gas pipeline deal with Iran
New Delhi - India is all set to sign an agreement on a 7.5-billion-dollar gas pipeline with Iran and Pakistan in the coming weeks, even as there are no signs of progress on its nuclear deal with United States owing to domestic political opposition, m...
[Posted
on :
2008-06-23 ] Category : [
India (Business) ]
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German company links up with Indian reinsurer GIC Re
Hanover, Germany - The German reinsurance company Hannover Re said it had signed an exclusive cooperation agreement in Mumbai Friday with India's government-owned reinsurer, GIC Re. The two companies are to jointly develop, market and underwrite life...
[Posted
on :
2008-06-20 ] Category : [
India (Business) ]
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