India's Sensex climbs 4.5 per cent
New Delhi -India's benchmark Sensex ended 4.5 per cent higher on Tuesday buoyed by a cut in a key lending rate and Prime Minister Manmohan Singh's assurance that the fundamentals of the Indian economy were strong. The 30-share sensitive index which g...
[Posted
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2008-10-21 ] Category : [
India (Business) ]
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Trade opens in disputed Kashmir after 60 years
Srinagar, Kashmir - India and Pakistan Tuesday started bilateral trade between their respective parts of Kashmir for the first time in 60 years, a key confidence-building measure aimed at alleviating tension in the troubled Himalayan region. A convoy...
[Posted
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2008-10-21 ] Category : [
India (Business) ]
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India cuts short-term lending rate
New Delhi - The central Reserve Bank of India (RBI) Monday lowered its key short-term lending rate (repo) to commercial banks, a move that will spur consumption and help growth amid the global economic slowdown. In order to alleviate the pressure an...
[Posted
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2008-10-20 ] Category : [
India (Business) ]
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India's Jet Airways lays off 1,900 employees - Summary
New Delhi - India's top private airline, Jet Airways Ltd, Wednesday announced it will lay off 1,900 employees, in what is the single biggest retrenchments in the history of Indian aviation, media reports said. With the move, Jet Airways that Monday s...
[Posted
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2008-10-15 ] Category : [
India (Business) ]
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India's Jet Airways lays off 1,000 employees
New Delhi - Jet Airways Ltd is to lay off as many as 1,000 employees, news reports said Wednesday, two days after India's top private airline struck an alliance with the country's second-largest private carrier, Kingfisher Airlines Ltd. The sackings ...
[Posted
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2008-10-15 ] Category : [
India (Business) ]
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Sensex falls 3 per cent in line with key bourses
New Delhi - Indian equities fell by more than 3 per cent in early trade on Wednesday after a two-day rally, following cues from stock exchanges in New York and Tokyo. The 30-share Sensex of the Bombay Stock Exchange lost 373.68 points on funds sellin...
[Posted
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2008-10-15 ] Category : [
India (Business) ]
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India markets end higher on global cues - Summary
New Delhi - Indian equities closed 1.5 per cent higher on Tuesday as investors' sentiments were boosted following sharp gains in global bourses. The 30-share Sensex of the Bombay Stock Exchange, which had gained 781.24 points on Monday, shot up by an...
[Posted
on :
2008-10-14 ] Category : [
India (Business) ]
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