Government may ease curbs on cotton export - Amid pressure from Congress and NCP, the government may relax export curbs on cotton, citing higher than expected production and lower domestic consumption.
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Nalco puts out export tender for 6000 tonnes aluminum - Indias state-run National Aluminium Co has issued a tender to export 3,000 tonnes each of aluminium ingots and aluminium sows, Ansuman Das, commercial director at Nalco, said on Tuesday.
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Sensex gains 73 points on low-level buying - The BSE benchmark sensex recovered by over 73 points in early trade today, snapping a three-session losing streak, on fresh buying by funds and retailers at attractive lower levels.
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Rupee marginally down by 3 paise against dollar in early trade - The rupee eased by 3 paise to Rs 50.26 against the dollar in early trade today on the Interbank Foreign Exchange market, following increased demand for the American currency from importers.
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NMDC’s Rs 15000cr steel plant plan hits hurdle - State-run NMDC’s plan to build a Rs 15,000-crore integrated steel plant at Nagarnar in Chhattisgarh has hit a roadblock.
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Sebi relief for Welspun promoters - The Securities and Exchange Board of India (Sebi) has dropped charges against some of the promoter entities of the Welspun Group.
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FMGC companies seed blockbusters - Not one to be boxed by tradition, companies operating in the packaged foods space are making small bets in categories which may be nascent today but have the potential of becoming big in the future.
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Car companies plan a diesel splash - With the Budget steering clear of taxing diesel vehicles, the auto industry is stepping up investments to add further diesel capacity.
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Tata Motors raises prices by Rs 35000 - Auto major Tata Motors said on Monday it has increased prices of its passenger vehicles, including the Nano, by up to Rs 35,000 with immediate effect.
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Pay first & take off Airport Authority of India to Kingfisher - Kingfisher’s operating licence and flights could face a serious trouble from Tuesday unless airline chairman Vijay Mallya is able to get some working capital soon.
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IPL-5 on sticky wicket as sponsors go slow - Touted as being a money spinner in its first few editions, it’s been tough going for the Indian Premier League (IPL) in its fifth year running as sponsors now find the property too expensive.
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Kingfisher Airlines flying licence may be cancelled Report - Sources said Kingfisher may be planning a quiet shutdown and Mallya being an accountable person has been asked to meet DGCA to present a clear picture.
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Jet Airways discontinues JetLite merges with Konnect - As part of a strategic rebranding and restructuring exercise announced last July, the countrys largest airline- Jet Airways today said, effective March 25, its low-cost arm JetLite will cease to operate, after being merged with the other no-frills brand JetKonnect.
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Difficult decisions needed to achieve 9 per cent growth Manmohan Singh - Prime Minister Manmohan Singh today said difficult decisions were needed to revert to 9 per cent growth trajectory as the path ahead is not easy.
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Rupee wipes gains as local shares fall - The rupee fell back on Monday as local stocks dropped for the third straight session and foreign capital inflows dried up during the session amid subdued volumes towards the close of the fiscal year.
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