Tuesday, May 19, 2009

NEWS 19-05-2009

Financial stocks — banks, brokers, asset managers — led the stock market down earlier this year, and almost left the stage as many shares sank into single digits ...

The Reserve Bank of India governor D Subbarao said on Monday improved productivity and rising savings are facets of the country's economic growth ...

The Tiruchirappalli unit of Bharat Heavy Electricals Limited has asked its subcontractors to increase their capacity to 50 per cent from the current 32 per cent in order to to achieve a turnover of Rs 10,000 crore ...

Cement companies have added nearly eight million tonnes (mt) capacity in April, taking the total installed level to 219 mt ...

India continues to be the most favoured back-office of the world, but the Middle East and North Africa region is slowly emerging as a promising offshoring destination ...

India steel seen up on signs of demand pick-up
India's steel futures may trade higher this week on signs of a pick-up in demand, with expectation of further rise in months ahead, analysts said ...

Shares of Larsen & Toubro were in the limelight after the engineering major’s subsidiary in Oman bagged orders worth Rs 518.2 crore ...

Maruti Suzuki India Ltd, the country's leading carmaker, on Tuesday said it is working on upgrading the Maruti 800 engine so it complies with emission requirements that will take effect in April 2010 ...

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