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Home -> Finance -> News

NATIONAL
LKB not harbouring any immediate merger plans: Puri
Private sector Lord Krishna Bank is presently not harbouring any merger plans and will instead focus on its IPO launch during 2006-07 fiscal, Bank Director, Mohan Puri said.

Sensex up by 103 points in a dramatic turnaround
The sensex today (Nov 23, 2005) staged a dramatic turnaround after a two-day slide and ended 103 points up at 8638.34 on heavy buying support prompted by increased Foreign Institutional Investors (FII) inflows coupled with upgradation of currency ratings for RIL.

India continues to be hottest offshore destination
India continues to be the most attractive destination for offshoring of services such as information technology, business processes and call centres, a global management consulting firm has said.

BEL pays Rs 24.27 crore interim dividend to Govt
Defence PSU Bharat Electronics Limited (BEL) has declared 40 per cent interim dividend to its shareholders for 2005-06.

Sensex turns strong, up by 56 points in early trade
The Bombay Stock Exchange Benchmark 30-share Index (Sensex) today (Nov 23, 2005) turned strong after a two-day slide and was quoted 56 up during morning trading on the back of fairly heavy Foreign Institutional Investors (FII) inflows in Cash on Monday even as investors continued to square up positions.

INTERNATIONAL
Oil prices up in Asian trading as winter approaches
Oil prices climbed in Asian trading today (Nov 23, 2005) driven by demand for heating fuel as temperatures fell ahead of the northern hemisphere winter, dealers said.