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Home -> Finance -> News

NATIONAL
Sensex ends flat after range of 242 points swing
The Bombay Stock Exchange key index, which moved up mount 12k in the previous trading session, today ( Apr 21, 2006) ended flat after moving to extremes in a range of 242 points, but was still bullish.

Sensex dips below magic 12k level on profit-selling
After swelling to a new high of 12,102.00 points, the Sensex dipped below the magic 12k level at mid-session on the Bombay Stock Exchange on profit-selling by funds, sparked by disappointing corporate results by Satyam Computers and NTPC.

BEML bags orders of Rs 8 bn from Defence Ministry
Bharat Earth Movers Ltd (BEML) has bagged Rs 8 bn orders from Ministry of Defence for various ground support high-mobility vehicles.

Sensex turns weak, down by 29 pts in early trade
After one of the strongest bull runs in the last four sessions, the Sensex today (Apr 21, 2006) showed signs of a correction, following discouraging Q4 earnings by IT major Satyam Computer and also weekend considerations.

INTERNATIONAL
Tata favours opening up of retail sector: Ratan
Strongly favouring opening up of retail sector to FDI, Tata Group chairman Ratan Tata today (Apr 21, 2006) said any apprehension that multinational retailers will kill domestic ones was not true.

Indian industry needs to be socially liable: Tata
Observing that Indian industry needs to be socially responsible, industrialist Ratan Tata has urged business leaders to create livelihood opportunities in rural areas as well as ensure jobs in the future for the country's growing young population.

Oil prices retreat after striking fresh record highs
Crude oil prices today (Apr 21, 2006) fell on global markets on profit taking after briefly hitting historic peaks above 74.00 dollars a barrel in London and 72.00 dollars in New York.