Business News

BSE receives threatening email

May 4th, 2009 | By admin | Category: Breaking News, Business News, India News

The Bombay Stock Exchange has on Monday received a threatening email. A spokesman of BSE said, “The email we received threatened a terrorist attack”.
The sender of the email claimed a group of terrorists would attack the stock exchange at 12:55 hours.
A official of Police has said the email was received by the stock exchange and [...]



Sensex rises 521 points in early trade

May 4th, 2009 | By admin | Category: Breaking News, Business News, India News

The Bombay Stock Exchange benchmark Sensex has on Monday rose by over 521 points to reach 11,925.18 in early trade.
The wide-based National Stock Exchange index Nifty shot up by 148.50 points to touch 3,622.45 points.
Marketmen said trading sentiment were boosted after the US data indicated that consumer confidence has improved to its best level since [...]



Airtel gets notice over mobile phone towers

Apr 28th, 2009 | By admin | Category: Business News, India News

India’s largest cellular service provider Airtel got a notice from the Delhi High Court over mobile phone towers. Airtel gets a notice after a group of residents from south Delhi objected to the signal towers it has installed in their neighborhood.
Justice Ravinder Bhat issued the notice after hearing the plea of residents who have opposed [...]



Sensex rises to six-month high, gains 1.74 per cent

Apr 24th, 2009 | By admin | Category: Breaking News, Business News, India News

Sensex has climbed on Friday by 194.06 points. The The Bombay Stock Exchange benchmark Sensex
today climbed to a six-month high on sustained buying by funds at front-line counters on expectations of a better outlook for corporate earnings. The Sensex 1.74 per cent, to end at 11.329.05, after touching the day’s high of 11,362.88.
State Bank of [...]



Inflation rises to 0.26 per cent

Apr 23rd, 2009 | By admin | Category: Business News

Inflation rises to 0.26 percent from .18 per cent in the previous week as essential foods like cereals, eggs, salt, fruit and vegetables turned dearer. Inflation doesn’t take into account policy rate cuts announced by the RBI in its annual credit policy.
The Reserve Bank of India has slashed the short-term lending and borrowing rates [...]