Crude continues to slide on slowing economy
The Indian crude basket has also reflected a declining trend with the softening of international crude prices. The Indian basket stood at $63.77 on September 10. It represents the average crude price paid by the Indian refiners and is ...
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Gold prices nosedive
International gold prices that peaked at $744.50 on June 6, came all the way down to $585 Monday, breaching the strong psychological mark of $600 an ounce. On the national front, the October futures contract for gold on Multi Commodities Exchange ...
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GE picks HCL to set up development centres
General Electric Company (GE) has selected HCL Technologies to set up and operate global development centres (GDCs) in India and China over the next three years. GE selected HCL as one of its partners after due diligence conducted by the GE ...
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Sensitive items imports up by 11 pc in April-May
Sensitive items being monitored by the Commerce Ministry due to their adverse effect on local prices registered a high growth of 11 per cent growth during the first two months of the current fiscal at Rs 2,792 crore, against Rs 2,524 crore n ...
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57 M&As in Jan-Aug
The first eight months of 2006 has seen 57 mergers and acquisition (M&A) deals in the IT and ITES sector valued at over $1.73 billion as compared to 80 deals valued at $1.33 billion for the whole of the year 2005. The deal value too has ...
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Sun Pharma under close watch
Analysts are closely watching the Sun Pharma stock for what some say are prospects of the company's US business and the sustained thrust on its domestic formulations. Some others expect the company to do well on the back of its domestic ...
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Monnet Ispat: Up on coal sourcing
The Monnet Ispat counter, which closed at Rs 163.85 on Monday, is said to be deriving gains from the company's sourcing strategy with regard to coal. It is expected to stay isolated from volatility of coal prices, as sourcing needs will be met ...
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