Govt makes hallmarking gold jewellery mandatory

Govt makes hallmarking gold jewellery mandatory
India has made hallmarking gold jewellery for quality control mandatory, a senior government minister said.

Read More - Govt makes hallmarking gold jewellery mandatory

Read More

Markets snap 2-day gains on profit booking

Markets snap 2-day gains on profit booking
Markets consolidated on Wednesday to end marginally lower, after rising over 3% in the previous two sessions, as investors booked profits ahead of the Oct-Dec earnings on concerns that earnings would remain muted.

Read More - Markets snap 2-day gains on profit booking

Read More

Nikkei climbs 1.2%, eyes 75-day moving average

Nikkei climbs 1.2%, eyes 75-day moving average
Japan's leading share average rose to a three-week closing high on Wednesday after better-than-expected economic data from the United States and China, although strategists said the rally could stall if the euro holds below 100 yen.

Read More - Nikkei climbs 1.2%, eyes 75-day moving average

Read More

Markets end lower on profit booking, Sensex sheds 57 pts

Markets end lower on profit booking, Sensex sheds 57 pts
Markets consolidated on Wednesday to end marginally lower, after rising over 3% in the previous two sessions, as investors booked profits ahead of the Oct-Dec earnings, on concerns that earnings would remain muted.

Read More - Markets end lower on profit booking, Sensex sheds 57 pts

Read More

Mutual funds lose Rs 16,000 cr in 2011, HDFC tops

Mutual funds lose Rs 16,000 cr in 2011, HDFC tops
The mutual fund industry took a hit of more than Rs 16,000 crore on its asset size during 2011, even as the newly-crowned market leader HDFC MF grew in size and consolidated its top position.

Read More - Mutual funds lose Rs 16,000 cr in 2011, HDFC tops

Read More

Gold edges up, physical demand moderates

Gold edges up, physical demand moderates
Gold demand in India, the world's top consumer of the metal, was moderate on Wednesday as some jewellers chose to restock despite a price rise, dealers said.

Read More - Gold edges up, physical demand moderates

Read More

BSE rejigs mid-cap, small-cap indices

BSE rejigs mid-cap, small-cap indices
A total of eight new stocks have been included in BSE Mid-cap index, while 20 existing ones would move out.

Read More - BSE rejigs mid-cap, small-cap indices

Read More

S'pore-listed Yoma shares jump on Myanmar expansion plan

S'pore-listed Yoma shares jump on Myanmar expansion plan
SINGAPORE, Jan 4 (Reuters) - Shares of
Singapore-listed Yoma Strategic Holdings jumped as
much as 7.6 percent on Wednesday after the company said it plans
to acquire the right to develop an area...

Read More - S'pore-listed Yoma shares jump on Myanmar expansion plan

Read More

Mortgage demand fell at year-end, purchases sag

Mortgage demand fell at year-end, purchases sag
(Reuters) - Demand for loans to buy homes and refinance mortgages slid in the final week of 2011, even as mortgage rates dipped, an industry group said on Wednesday. Applications for U.S. home mortgages fell 4.1 percent in the week ended December 30, weighed down by a 9.6 percent drop in purchase loan requests and a 2.5 percent decline in refinancing requests, seasonally adjusted data from the Mortgage Bankers Association showed. Average 30-year conforming mortgage rates dipped to the year's low of 4.07 percent from 4.10 percent the prior week, and well below 4.82 percent at the end of 2010. ...

Read More - Mortgage demand fell at year-end, purchases sag

Read More

Tata Nano struggles to gain traction

Tata Nano struggles to gain traction
To kick sales of its ultra-low-cost Nano into higher gear, Tata Motors needs a lot more buyers like Vijay Govind Pisal, a sugar cane farmer in Ozarde in Maharashtra.

Read More - Tata Nano struggles to gain traction

Read More

KEC Int'l wins orders worth Rs 1,253 cr

KEC Int'l wins orders worth Rs 1,253 cr
KEC International, a global infrastructure EPC major, today received orders worth Rs 1,253 crore in the Transmission, Power systems, Water, Telecom and Cable business.

Read More - KEC Int'l wins orders worth Rs 1,253 cr

Read More

Hero MotoCorp unveils 3 models post JV break-up

Hero MotoCorp unveils 3 models post JV break-up
Giving an aggressive push to its solo journey post its break-up with Honda, the BM Munjal-led Hero Group firm Hero MotoCorp today unveiled three new models that will hit the Indian market over the next few months.

Read More - Hero MotoCorp unveils 3 models post JV break-up

Read More

Employees to get 14% average pay hike in 2012: experts

Employees to get 14% average pay hike in 2012: experts
Employees can look forward to an average salary hike of 14% in 2012, up from 11% last year, while hiring activities would be robust in various services sectors, such as banking, experts believe.

Read More - Employees to get 14% average pay hike in 2012: experts

Read More

Bosch to invest Rs 2,200 cr in India in 2 yrs

Bosch to invest Rs 2,200 cr in India in 2 yrs
Auto component maker Bosch today said it will invest Rs 2,200 crore in India in the next two years to enhance its production capacity and develop new technologies for the domestic market.

Read More - Bosch to invest Rs 2,200 cr in India in 2 yrs

Read More

CIL's 3 projects recommended for green clearance

CIL's 3 projects recommended for green clearance
An Environment Ministry's panel has recommended Coal India's three projects, including one for capacity augmentation, for green clearance.

Read More - CIL's 3 projects recommended for green clearance

Read More

TCS adds 200 clients on its SME platform iON

TCS adds 200 clients on its SME platform iON
The country's largest software exporter Tata Consultancy Services (TCS) has added 200 customers for its cloud-based solution for small businesses, iON, a top official has said.

Read More - TCS adds 200 clients on its SME platform iON

Read More

Anti-dumping levy lifted on Saudi polypropylene import

Anti-dumping levy lifted on Saudi polypropylene import
Government of India has lifted anti-dumping duty on imports of a chemical used for manufacture of woven sacks for cement and foodrains, from Saudi Arabia days before the visit of Saudi Arabian Commerce and Industry Minister here.

Read More - Anti-dumping levy lifted on Saudi polypropylene import

Read More

India Inc raises $1.58 bn in Nov through ECBs, FCCBs

India Inc raises $1.58 bn in Nov through ECBs, FCCBs
India Inc raised over $1.58 billion from overseas markets in November through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs).

Read More - India Inc raises $1.58 bn in Nov through ECBs, FCCBs

Read More

Decisions on RIL block based on DGH input: OilMin to PAC

Decisions on RIL block based on DGH input: OilMin to PAC
With CAG criticising its decisions on Reliance Industries' (RIL's) KG-D6 block, the Oil Ministry has told a high-powered Parliamentary Committee that it was guided by DGH advice when it waived a key clause to allow the firm to retain the entire 7,645 sq km block beyond contractual deadlines.

Read More - Decisions on RIL block based on DGH input: OilMin to PAC

Read More

Opto Circuits gets USFDA nod for cardiac monitor

Opto Circuits gets USFDA nod for cardiac monitor
Medical equipment maker Opto Circuits (India) today said it has received approval from the US health regulator to market a cardiac monitoring device in the American market.

Read More - Opto Circuits gets USFDA nod for cardiac monitor

Read More