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Tuesday, May 19, 2009
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Rupee at five-month high
MUMBAI: Tracking the trend in domestic stocks, the rupee surged stronger by 152 paise or 3.08 per cent to a five-month high of 47.88/89 against the dollar on hopes of heavy capital inflows, prompted by a clear mandate for the Congress-led UPA ...

Telecom cos asked to list priority areas to new Govt
DoT would shortly hold a meeting with some of the key players

Dr. Reddy’s Lab posts Rs. 517 crore net loss
HYDERABAD: Dr. Reddy’s Laboratories reported a net loss of Rs. 517 crore for the year ended March 31, 2009. Disclosing the results for the fourth quarter and for the whole of 2008-09 here on Monday, Vice-Chairman and CEO G. V. ...

SEBI keeping close watch on bourses: Chawla
The surge in markets is a good sign, “but we would of course have to watch that we don’t have too much volatility”

Mobile chip can function as multi-application smart card
The potential of IT in extending banking services to under-served markets in rural and semi-urban areas is enormous, says RBI chief

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