- Kesoram Industries Lt plans to invest 11.25 billion rupees on capex in FY11.
ICICI Bank , India's No. 2 lender, has set its base rate for loans at 7.5 percent effective Thursday, as part of a new rule to set minimum lending rates.
TVS Motor Co Ltd said on Thursday its June two-wheeler sales rose 36 percent from the same period a year earlier to 156,685 units.
India's Fortis healthcare along with its founders have made an open offer for all of Parkway Holdings for S$3.21 billion (US$2.3 billion).
Steel Strips Wheels June sales rise 31.7 pct.
The Indian rupee dropped to its lowest level in more than three weeks on Thursday, weighed down by falling stocks and the dollar's gains versus major currencies.
India's May exports rose for the seventh straight month in May, growing an annual 35 percent to $16.1 billion, the government said on Thursday.
Indian bond yields dropped on Thursday on hopes tight cash conditions will ease sooner than expected in the new quarter.
India's gem and jewellery exports are expected to rise atleast 5 percent year-on-year in FY11.
Manufacturing growth from China to the euro-region slowed in June, suggesting the global export-led recovery is losing strength.
Gold, little changed in London today, may extend its best quarterly advance since the end of 2007 as concern over the economic recovery spurs demand for bullion as a means of protecting wealth.
The euro and dollar's share of global foreign-exchange reserves both fell in the first quarter as central banks increased holdings of currencies from other economies, the International Monetary Fund said.
Friday, July 2, 2010
Important Stock Market News
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