Sensex At 18,231.64; IT, Telecom Down
Submitted by Gurpreet Singh on Thu, 09/02/2010 - 08:41
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), remained listless during noon today, though broader markets witnessed heavy buying action.
The Sensex, which belled the day at 18,215.28, gained 25.77 points (0.14%) to trade at 18,231.64 as compared to its last closure at 18,205.87.
Previously, the share index had risen to hit the mark of 18,355.84.
Citrix Eyes To Expand Its Footprint In India
Submitted by Gurpreet Singh on Thu, 09/02/2010 - 08:36Citrix Systems Inc has declared that it is eyeing to strengthen its footprint in the Indian market, which included transfer of its research and development (R and D) group to a new plant in the city.
Moreover, the company said that it would also add more people to its sales group and launches a new sales office in the Mumbai, Maharashtra.
Mark Templeton, Citrix's Chief Executive Officer (CEO) who opened the new R&D facility, announced the company's growth for the Indian market.
Nissan Motor Sells 1,249 Cars During August
Submitted by Gurpreet Singh on Thu, 09/02/2010 - 03:36
Nissan Motor India has 1,249 cars during the last month, which was up from 22 units sold in August 2009.
Nissan Motor's novel small car Micra made the most of last month's sales (1,182 sales), whereas other models such as Teana, X-trail and 370Z stood at 21, 44 and 2 respectively.
Escorts Registers 22% Growth In UP
Submitted by topnews on Thu, 09/02/2010 - 03:34
Escorts Ltd is optimistic on its sales in the state of Uttar Pradesh on the back of good monsoons.
Top tractor maker has recorded an increase of 22% in tractor deliveries in the state for the three month period ended June 30, 2010 as against the same period 0f 2009.
Panasonic Rolls Out Its 'Camera To Couch' 3D Technlogy In Indian Market
Submitted by Manish Sood on Sat, 08/28/2010 - 06:56
Panasonic has made announcement about the launching of its globally acclaimed 'camera to couch' 3D solutions in the Indian market.
The maker of electronics goods organized a 2-day conclave 'Dimensions,' to offer up personal experience of 3D to the film fraternity.
Lumax To Invest Rs 200 Cr To Set Up Two Facilities, R&D Center
Submitted by Gurpreet Singh on Sat, 08/28/2010 - 06:51
Lumax Industries has announced that it will invest around Rs 200 crore on setting up two facilities and one research & development (r&d) by 2012.
Mr. Anmol Jain, senior executive director of the company made this declaration while lecturing on the sidelines of Automotive Component Manufacturers Association of India (ACMA) summit.
Rupee Closes Lower At 46.89 Vs US Dollar
Submitted by Gurpreet Singh on Sat, 08/28/2010 - 06:47
Indian currency, on Friday, declined by five paise to 46.89 versus the US currency on continued buying support for the greenback from bankers.
Traders at the Interbank Foreign Exchange (FOREX) stated that the Indian unit slipped 3 paise during morning.
Finally, it fell to 46.89 as compared to US dollar, lower by 5 paise.
L&T Eyes Oil In Brazil, Banking In India
Submitted by Manish Sood on Fri, 08/27/2010 - 08:58
Larsen and Toubro Ltd, is ready to make foray in the Brazilian market with the aim to discover chances in the country's oil and gas segment.
Besides, India's biggest engineering and construction company is also eyeing the Indian banking segment when laws permit the admission of novel private players.
Mahindra Holidays To Invest Rs 250 Cr To Expand Footprint In India, Sri Lanka
Submitted by Gurpreet Singh on Fri, 08/27/2010 - 08:53
Mahindra Holidays and Resorts is all set to strengthen its footprint nationwide.
The company's top representative said that it will invest as many as Rs 250 crore on expansion and also establish resorts in the Sri Lankan market.
Sensex Down 20 Pts; Nifty Up 11.70 Pts
Submitted by Gurpreet Singh on Fri, 08/27/2010 - 08:46
The 30-scrip index BSE Sensex lost 20.45 points to trade at 18,205.90 during the morning trade from its last closure of 18,226.35.
The Sensex was moving negatively on account of less demand from local operators.
Meanwhile, the Nifty of National Stock Exchange (NSE) surged 11.70 points to trade at 5,489.60 in morning.
A mixed reaction was witnessed among the sectoral indices.
