HONG KONG: The Hong Kong Monetary Authority on Thursday cut its key interest rate by 50 basis points following similar moves by central banks across the world. The city’s de facto central bank made the move after announcing Wednesday it would change the formula for calculating its …

Read More..

Gandhinagar, Oct. 7 The Rs 1 lakh dream car ‘Nano’ of Mr Ratan Tata will now roll out from an integrated project near Sanand town in Ahmedabad district, from the same cattle farm for whose establishment during a severe famine in 1900 his great grandfather, Jamsetji Nusserwanji Tata, h…

Read More..

WASHINGTON: US president George W Bush is set to sign the legislation on the Indo-US nuclear deal into law on Wednesday, an occasion when India expects certain provisions of the 123 Agreement will be cleared. …

Read More..

NEW YORK: Wall Street tumbled on Monday, joining a selloff around the world, as fears grew that the financial crisis will cascade through economies globally despite bailout efforts by the US and other governments. The credit market remained under strain, and investors piled into governmen…

Read More..

MUMBAI: The Reserve Bank on Monday slashed by 0.50 per cent the rate of mandatory deposits that banks need to keep with it to ease the tight liquidity position, a move that may induce banks to lower commercial lending rates. …

Read More..

The Board of Directors of D-Link (India) Ltd. have approved the proposal of restructuring the business of the company by a ‘Scheme of Arrangement’ at its Board Meeting held on Sunday, 5th October, 2008. The Scheme provides for demerger of the business of sales and marketing of D-Link…

Read More..

Era Infra Engineering Ltd (BSE script code: 530323 and Script ID: ERAINFRA), an integrated infrastructure development company with a pan India presence through its construction & contracts division received orders worth Rs 785.23 crore during Q2FY08. These orders have significantly a…

Read More..

TAKE Solutions Ltd. (BSE CODE NO: 532890), a leading technology enabled business solutions company with leadership in Supply Chain Management (SCM) and Life Sciences, today announced that it has been assessed at Level 3 in the People Capability Maturity Model (PCMM) of the Software Engine…

Read More..

Here are the 18 stocks that have hit their 52-week high and are also frequentlytraded. 1.Apeego: The obscure Mumbai-based readymade garment manufacturer has risen 25.8%since late August 2008 till 26 September 2008 after scheduling a board meet to considerissue of bonus shares. It declare…

Read More..

Sun Pharmaceutical Industries Ltd. (Reuters: SUN.BO, Bloomberg: SUNP IN, NSE: SUN PHARMA, BSE: 524715) today announced its subsidiary, Alkaloida Chemical Company Exclusive Group Ltd. (Alkaloida), has extended the Expiration Date of the Tender Offer for the purchase of all outstanding Ordi…

Read More..