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Wipro to re-enter Nifty index from Sep 27 27 Aug 2013 | 07:46 pm
IT major Wipro will enter the National Stock Exchange's (NSE) 50-share Nifty index with effect from September 27, while Reliance Infrastructure would exit.
Housing prices see downward trend: NHB 27 Aug 2013 | 07:32 pm
Housing prices in 22 major cities, including Delhi and Mumbai, witnessed a downward trend in April-June period compared to the previous quarter due to slowdown in demand.
RBI seeks tough entry norms for new banks 27 Aug 2013 | 07:19 pm
The Reserve Bank of India has pitched for "stringent" entry norms for new players while suggesting four-tier structure for the domestic banking industry.
India has to import 79% of crude oil: Govt 27 Aug 2013 | 06:43 pm
Petroleum Minister M Veerappa Moily has said that almost 79 per cent of India's crude oil requirements have to be imported.
'Food Bill fund outlay to hit fiscal deficit' 27 Aug 2013 | 05:52 pm
"Such a large outlay at this point in time would definitely have a negative impact on the fiscal deficit. This needs to be managed," CII President Kris Gopalakrishnan said.
More pressure in store for the rupee, warns Barclays 27 Aug 2013 | 04:51 pm
In a research report, the financial services firm said India is among those countries with "external vulnerabilities and questionable inflation targeting frameworks".
Oil PSUs combined Q1 losses at Rs 4,403 cr 27 Aug 2013 | 04:22 pm
State-run oil marketing companies have reported a combined loss of Rs 4,403 crore in the first quarter of the current financial year.
Keeping watch on NSEL development: Govt 27 Aug 2013 | 03:56 pm
The government has said it is keeping a close watch on the developments in crisis-ridden National Spot Exchange (NSEL) and will take action once reports of the two committees looking into the problems...
Gujarat plant delayed due to slowdown: Maruti 27 Aug 2013 | 03:29 pm
Maruti Suzuki India has said it will miss the target of commissioning its Gujarat plant due to the ongoing slowdown in the Indian automobile market.
Sebi raises penalty on Ponzi operators 27 Aug 2013 | 02:22 pm
Operators of illegal money-pooling schemes will soon face penalties of up to three times the profit made by them, against the current provision of a meagre fine of Rs 1 crore.
