Economy News

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BSE closes points 211.82 down on September 12

New Delhi, September 12 (ANI): Trading at the Bombay Stock Exchange today closed 211.82 points down to stand at 19,785.63. At the National Stock Exchange the Nifty closed 62.45 points down to stand at 5,850.70. Financial Technologies (India) Ltd. and TV 18 Broadcast were among the top gainers of Group A with an increase of 18.03% and 15.38% along with Tata Communications Ltd. and MCX with an increase of 6.07% and 4.99% respectively, while the top losers of Group A include Jaiprakash Associates Ltd. and Siemens with a decrease of 11.87% and 8.22% along with Yes Bank and Jaypee Infratech Ltd with a decrease 7.43% and 6.39% at the close of the markets. The Auto sector is down 210.10 points at 10,848.24 while the banking sector is down 213.40 points at 11,579.48 and the realty sector is up 3.96 points at 1,280.39. The Indian currency is down 0.48% at Rs 63.69 per dollar. Sep 12, 2013
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BSE closes points 0.35 up on September 11

New Delhi, September 11 (ANI): Trading at the Bombay Stock Exchange today closed 0.35 points up to stand at 19,997.45. At the National Stock Exchange the Nifty closed 16.40 points up to stand at 5,913.15. Financial Technologies (India) Ltd. and IRB Infrastructure Developers Ltd. were among the top gainers of Group A with an increase of 27.28% and 14.22% along with Bank of India and UCO Bank with an increase of 10.46% and 10.32% respectively, while the top losers of Group A include Power Grid Corp and Bajaj Holdings with a decrease of 3.18% and 2.72% along with Cairn India and Tata Motors with a decrease 2.66% and 2.49% at the close of the markets. The Auto sector is up 10.29 points at 11,049.85 while the banking sector is up 208.45 points at 11,769.38 and the realty sector is up 36.00 points at 1,278.44. The Indian currency is up 0.56% at Rs 63.49 per dollar. Sep 11, 2013
bse-closes-points-707-56-up-on-september-10 Play

BSE closes points 707.56 up on September 10

New Delhi, September 10 (ANI): Trading at the Bombay Stock Exchange today closed 707.56 points up to stand at 19,977.62. At the National Stock Exchange the Nifty closed 216.35 points up to stand at 5,896.75. Wockhardt and ABB LTD were among the top gainers of Group A with an increase of 20.00% and 16.17% along with JPPOWER and Glaxosmithkline Consumer Healthcare Ltd. with an increase of 11.94% and 10.20% respectively, while the top losers of Group A include Indian Oil Corporation Ltd. and MCX with a decrease of 3.97% and 2.81% along with NMDC and IPCA Lab with a decrease 1.88% and 1.87% at the close of the markets. The Auto sector is up 643.31 points at 11,059.63 while the banking sector is up 197.19 points at 11,530.63 and the realty sector is up 28.91 points at 1,240.09. The Indian currency is up 1.38% at Rs 64.34 per dollar. Sep 10, 2013
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Aishwarya Rai Bachchan Sizzles in Off-Shoulder Black Gown [PHOTOS]

Aishwarya Rai Bachchan has become the brand ambassador of realty developer Lodha Group. After endorsing a jewelry group, watch brand and cosmetics company among others, the Bollywood actress and former Miss World will now be the new face of a realty group. Aug 20, 2013
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Mamata Banerjee Wants a World Trade Centre in West Bengal

West Bengal Chief Minister Mamata Banerjee and her state finance minister Amit Mitra met top business leaders in Mumbai on Friday. She briefed them about her ambitious plan to build the next World Trade Centre in the Kolkata capital of the state. Aug 2, 2013
employees-at-a-call-centre-provide-service-support-to-customers-in-siliguri

IT Placements to Slump Despite Boost in Jobs

Campus placements have been on an all-time low for IT job seekers, but experts claim that the industry will generate at least 1.20 lakh jobs within a year. However, they also said that campus hiring will be reduced by 30 percent in 2013 as compared to last year. Jul 28, 2013
reserve-bank-of-india

RBI Imposes Penalties on 22 Banks with Fines Upto ₹30 Million

The Reserve Bank of India (RBI) has imposed penalties on 22 banks, including State Bank of India (SBI), Bank of Baroda and Canara Bank, for violating rules of customer identification and anti-money laundering. The banks have been fined ranging from ₹5 million to ₹30 million for the offence. Jul 15, 2013
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