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Home -> Finance -> News

NATIONAL
Birlas have no plans to sell stake in Tata Steel
Dismissing speculation that they have decided to sell off their stake in Tata Steel, the Birlas today(Mar 16,2006) said there was no such plan 'at the moment.'

Rupee strengthens further against US$ in early trade
The Rupee strengthened further on the back of sustained trade and FII inflows amid a retreating dollar overseas in moderately active early trade at the Interbank Foreign Exchange (Forex) market here today(Mar 16, 2006).

Sensex strong by 82 points during morning trade
The Bombay Stock Exchange Benchmark 30-share Index (Sensex) once again turned strong after a brief pause on Tuesday and spurted by 82 points during morning trading even as the market was driven by high liquidity.

Decision on Air India, Indian merger likely this yr
A decision to merge Air India and Indian is likely to be taken in the current fiscal to turn the combined entity into a mega carrier with about 130 aircraft to take on the major global carriers like Singapore Airlines, Emirates and British Airways.

INTERNATIONAL
World oil prices turn south as US crude stocks jump
World oil prices slid after news that stockpiles of US crude oil jumped for the fifth week in a row to seven-year highs, dealers said.