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No impact on forex reserves — RBI
MUMBAINEW DELHI, JULY 11.JULY 11.The Reserve Bank of India today stated that although redemption of Resurgent India Bonds (RIBs) is large in magnitude, it will have little or no impact on the domestic markets including money, foreign exchange and ...
BSNL IPO: Shourie leaves it to board
KOLKATA, JULY 11.The Union Minister for Information Technology and Disinvestment, Arun Shourie, today promised to offer a free hand to the boards of Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) in decision ...
IT stocks suffer setback on profit booking
MUMBAI, JULY 11. After a sharp overnight rally, frontline IT shares suffered a setback almost preventing the Sensex's upward march on the Bombay Stock Exchange today as a result of heavy selling by domestic funds. The resistance was also seen in ...
Resurgent India Bonds — transparency needed
The Resurgent India Bonds raked in large sums, as redemption draws near, its high costs and other risks need to be evaluated.
Other Stories

  • Hero Honda Q1 net at Rs.158 cr.
  • Sanyo to launch digital cine projectors
  • Corporate sector drives PC sales
  • Parryware to market high-end products
  • Virtusa to expand Hyderabad facility
  • WTO finds U.S. steel tariffs break rules
  • Agriculture recovery to boost economy
  • Rupee hits 34-month closing peak
  • Industrial growth up 5.7 p.c. in May


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