NATIONAL Railways to achieve Rs 20,000 crore income target Buoyed by Indian Railway's spectacular 'turnaround' last year during which it has generated an income of Rs 11,000 crore, Railway Minister Lalu Prasad today (Apr 10, 2006) expressed confidence that the organisation would achieve a target of Rs 20,000 crore by the end of this year.
Stocks bounce back by 73 pts in high volatility Stocks today (Apr 10, 2006) bounced back with a vengeance after last weekend's meltdown, lifting the Sensex by 73 points in high volatility on hectic buying support while
Foreign Institutional Investors (FIIs) made some withdrawals.
ABG to acquire Tata's stake of 48.19 pc in Idea The Aditya Birla group today (Apr 10, 2006) said it would acquire the entire 48.14 per cent stake of Tata group in Idea Cellular for a consideration of Rs 4,406 crore.
Rupee weakens further against dollar in early trade The rupee turned weak after Friday's recovery against the US currency and was quoted moderately down during morning trade following firm dollar overseas coupled with some dollar buying amid expectations of fresh inflows.
Sensex turns volatile after firm start in early trade After last weekend's stocks crash, Sensex today (Apr 10, 2006) opened firm and later turned volatile moving in over 140 points during morning trading on alternate bouts of
buying and selling by investors.
'SBI strike called off, staff to get more pension' The week-long strike by SBI employees was called off yesterday (Apr 9, 2006) night following a settlement, which gives higher pension to 2.10 lakh (.21 million) staff of the country's largest commercial bank.
INTERNATIONAL Oil prices recoil in trade as geo-political concerns Oil prices rebounded in Asian trade today (Apr 10, 2006) and tight US gasoline supplies overshadowed news that Nigeria would recover production lost due to militant attacks, dealers said.
