01 Jun 2012Business

NAVs fell as markets ends lower led by weak economic data

was a dull session for Equity funds where funds delivered mixed performance. The Sensex closed at 16218.53 down 93.62 points or 0.57% and the Nifty shuts shop at 4924.25 down...

Source : Moneycontrol | 359 Day(s) AgoCategory : Business

US economy added 69,000 jobs in May, fewest in a year : The Economic Times

Rupee hits record low falls most in 6 months : Yahoo Finance

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Prokerala

Uniform pay, working hours for AI, IA: Ajit

accountsSpeaking at a press conference on Friday, Ajit Singh said that April 1, 2007 has been set as cut off date for new pay scales, according to Times Now. The minister also promised that senior employees won't be paid less than junior employees.A four member committee will be formed to commit the report. The report recommends abolishment of PLI for employees. The pilots will get allowances according...

Source : Times Of India | 359 Day(s) AgoCategory : Business

AI staff integration process to start in 45 days: Ajit Singh : Business Today

Tablets launched in India in May : IBNLive

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Rediff

Toyota Kirloskar May sales double; to hike prices from June

Toyota Kirloskar Motor, the Indian arm of Japanese auto maker Toyota, said sales in May more than doubled year-on-year to 15,501 units, helped by strong demand for Etios sedan and the new Innova launched earlier in 2012....

Source : Moneycontrol | 359 Day(s) AgoCategory : Business

Emerson unconcerned about China growth : Sydney Morning Herald

255 lakh tonnes of sugar production in the country so far : Webindia123

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DNA

'L Capital focusses on layers below luxury'

Worked as group president for South Asia, South East Asia & the Middle East for the LVMH Group and director for Groupe Arnault in Asia. Earlier, he has worked with the Tata Group, Swatch Group and Nike.Socialising, travelling, reading, hiking, food and wine with friends, collecting art and public speakingQ. Tell us about L Capital’s recent purchase of an 8 per cent stake (valued at a reported Rs 100-125...

Source : IBNLive | 359 Day(s) AgoCategory : Business

Sensex falls below 16K, down 253 pts : Business Today

Sensex closes below 16 000 mark amid growth worries Round up : Prokerala

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Moneycontrol

Maruti May sales slip 5% on falling mini car sales, exports

fall in sales across its mini cars, SX4 mid-size sedan and vans, coupled with a drop in exports dragged down Maruti Suzuki sales in May 5% year-on-year to 98,884 units, although there was strong demand for its newly launched Ertiga multi utility vehicle and compact DZire....

Source : Moneycontrol | 359 Day(s) AgoCategory : Business

Ahead of monsoon, ACC sees marginal cement sales growth : Moneycontrol

ACC Ambuja report higher cement production in May : Moneycontrol

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Stimulus package needed to revive economic growth: Adi Godrej

should cut key policy rates by at least one percent, and the government needs to come out with stimulus package to revive the economy, Adi Godrej, president ofGodrej's comments came a day after the government data showed that India's economic growth slumped to a nine-year low of 5.3 percent in the fourth quarter of fiscal 2011-12.He said the economic situation in the country was worse than during the...

Source : Prokerala | 359 Day(s) AgoCategory : Business

UPA has developed complete policy paralysis: BJP : News Track India

Advani shocker People upset with BJP too Second Lead : Webindia123

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Asianage

The alarming case of India's declining growth figures

figures for India's gross domestic product (GDP) growth in the fourth quarter of 2011-12, which were released on Thursday, show that the economy is in crisis. Between January and March this year, GDP grew at 5.3 per cent -- the lowest growth for nine years, since the same quarter in 2003.Even for the full financial year of 2011-12, growth declined to 6.5 per cent, again a nine-year low. Never in the...

Source : Rediff | 359 Day(s) AgoCategory : Business

Indias economic growth dips to 9-year low of 5.3 percent (Roundup) : Webindia123

Southeast Asia s solid economic growth rides over global woes : The Economic Times

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Propertywala

Riding on the growth wave, Mahindra to launch 6 new models by March 2013

Mahindra and Mahindra AGM Pawan Goenka confirmed to the media that Mahindra will launch six vehicles by March 2013 to offer a wider range of Mahindra products to the Indian customer. Mahindra registered a profit growth of 40 per cent last fiscal and is targeting 10-12 per cent this year in spite of the car market slowing down and not much growth in the tractors segment also.Mahindra and Mahindra have...

Source : Carwale | 359 Day(s) AgoCategory : Business

M&M to roll out 6 new models : Business Today

M amp M to launch 6 models in FY13 : Rediff

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Business Today

Re recovers from record low of 56.52

napping the two-day fall, the rupee on Thursday recovered 16 paise against the dollar to close at 56.08 after slipping to a record low of 56.52 on exporters selling the US currency to lock profits.At the Interbank Foreign Exchange (Forex) market, the rupee opened weak at 56.50 and soon dipped further to a new low of 56.52 after poor GDP data and weak show in stocks hit the sentiment.After rising to...

Source : Rediff | 359 Day(s) AgoCategory : Business

Rupee up 16 paise at 55.95 against dollar : Oneindia

Rupee up 16 paise at 55 95 against dollar : India TV

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The Economic Times

IT sector slows down hiring to cut costs

information technology sector in the country witnessed steep decline in hiring activities as most companies embraced cost-cutting measures to tide over uncertain economic conditions....

Source : Moneycontrol | 359 Day(s) AgoCategory : Business

IT sector slows down hiring to cut costs : Rediff

IT sector slows down hiring to cut costs : IBNLive

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