02 Aug 2012Business

Standard Chartered first-half profit up 12%

has posted a 12 per cent increase in net profit for the first six months of the year.was up 11 per cent to $4.55 billion, with Hong Kong contributing $922 million, followed by Pacific (including China) at $850 million.Just 11 per cent of Standard Chartered's operating profit came from Europe. (With Agency Inputs)The...

Source : Business Today | 293 Day(s) AgoCategory : Business

Berger Paints to double capacity by 2013-end : Webindia123

Mahindra Satyam quarterly net profit rises 56 percent : Headlinesindia

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BBC

Sharp announces 5,000 job cuts

Sharp Corporation, the maker of Aquos TVs, has said it will cut 5,000 jobs, just under 10% of its workforce, in an attempt to cut costs.The cuts come as Sharp reported a net loss of 138.4bn yen ($1.8bn; £1.1bn) for the April to June period.Sharp said that a "greater-than-expected" slowdown in demand from Japan and China, and falling prices had hurt its earnings.The firm also widened its annual loss...

Source : BBC | 294 Day(s) AgoCategory : Business

¿Sexed-up¿ Archers storylines blamed as 400,000 fans desert Radio 4 show : dailymail

Macro Hedge Funds Lose Touch as Bacon Returns 2 Billion : Bloomberg

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Bloomberg

World of Warcraft subscriptions slip to 9.1 million

Activision Blizzard reports stronger-than-expected quarter thanks to 10 million Diablo III sales; WoW subs dip, profit down 44.7 percent year-to-year.Ten million sales of Diablo III pushed Activision Blizzard into a stronger financial situation than it had hoped, even as World of Warcraft subscriber numbers continued to dwindle. The company's financial results for the period ended June 30 published...

Source : Game spot | 294 Day(s) AgoCategory : Business

Tata Nano sales jump sharply in July : Business Today

VIDEO Adidas boss happy with Olympic sales : BBC

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Sydney Morning Herald

Central bank buying boosts Gold: Commerzbank UBS

prices may have fallen after the Federal Reserve did not change monetary policy but gold prices are likely to climb in the medium to long term on central bank buying.South Korea said it bought 16 metric tons of gold in July, lifting its reserves to 70.4 tons. “That said, these still account for just 0.9% of the bank’s total currency reserves, so there is still potential for buying additional gold....

Source : Commodity Online | 294 Day(s) AgoCategory : Business

Fed signals support for US economy as central banks battle to kick-start global growth : dailymail

US Fed stops short of monetary stimulus : Livemint

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Sensex down almost 75 points

almost 75 points down Thursday in afternoon trade on profit booking after recent gains.(BSE), which opened at 17,245.68 points, was ruling at 17,182.72 points, 0.43 percent or 74.66 points down from its previous day's close at 17,257.38 points.The BSE oil and gas index was down 78.84 points, followed by banking index, down 88.52 points and auto index, down 42.26 points.The wider 50-scrip S&P CNX Nifty...

Source : Prokerala | 294 Day(s) AgoCategory : Business

Sensex trades lower; oil and gas, metal stocks down (Lead) : Prokerala

Singapore shares open higher on Thursday : Straits Times

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Sensex closes 35 points down (Second Lead)

(provisional), 0.21 percent or 35.69 points down from its previous day's close at 17,257.38 points.The BSE oil and gas index was down 81.34 points, followed by banking index, down 34.95 points, and metal index, down 29.49 points.The wider 50-scrip S&P CNX Nifty of the National Stock Exchange closed 0.24 percent down at 5,227.75 points.The main Sensex losers were Tata Motors, down 2.07 percent at R...

Source : Prokerala | 294 Day(s) AgoCategory : Business

Sensex ends in red, down by 33.02 pts : Newkerala

Sensex closes 33 points down Roundup : Webindia123

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International Business Times

London 2012 Olympics: Bradley Wiggins says Sir Wiggo not right

Wiggo doesn't sound right, I will always be just Brad! Cycling star stays humbleYou might have expected Bradley Wiggins, with a seventh Olympic medal hanging round his neck, to finally settle into the moment.As has become his wont, however, in a career which glitters ever more brightly with every additional triumph, he immediately looked to the future.‘Now I have to go to Rio and go for five,’ said...

Source : dailymail | 294 Day(s) AgoCategory : Business

London 2012 Olympics: Tyson Gay wants 'missing piece of his heart' : dailymail

London 2012 Olympics Maria Sharapova beats Sabine Lisicki : dailymail

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Business Today

Hyundai Motors Sales up by 7.6%

Hyundai, the second largest car manufacture in the passenger car segment in India, registered aggregate sales of 52,845 units in July this year which is 6.4% more than July last year. The exports have risen from 24,024 units in July 2011 to 24,260 units this year whereas domestic sales have risen from 25,642 units, July 2011 to 25,260 units in July this year.Rakesh Srivastava, VP National Sales, HMIL...

Source : Cardekho | 294 Day(s) AgoCategory : Business

Car sales rise modestly in July : Business Today

RIM BlackBerry Security Not Compromised in India : International Business Times

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SBI cuts interest rates on term deposits of over 5 years

has announced that it will reduce interest rates on domestic term deposits of five year period, or more, to 8.5 per cent effective from August 7.The bank currently gives 8.75 per cent interest on term deposits of five years or above, on amounts below Rs 15 lakh. On term deposits on amounts from Rs 15 lakh to less than Rs 1 crore, the annual interest rate is 9 per cent.for tenors five years and above...

Source : Business Today | 293 Day(s) AgoCategory : Business

SBI, PNB revise interest rate on fixed deposits : India TV

Mahindra Satyam quarterly net profit rises 56 percent : Newkerala

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Rediff

SBI cuts home, car loan rates by up to 50 bps

State Bank of India on Wednesday slashed lending rates on car and home loans by up to 0.5 per cent, a day after one per cent cut inSBI has reduced interest rate on home loans of up to Rs 30 lakh to 10.25 per cent from existing 10.50 per cent (after 0.25 per cent concession over the card rate), a senior bank official said.On the home loans of beyond Rs 30 lakh but less than Rs 75 lakh, the new rate...

Source : Business Today | 294 Day(s) AgoCategory : Business

Sensex falls; SBI hit by loan rate cut reports : Yahoo Finance

New Home Minister Sushil Shinde was to visit Pune today : India TV

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