| Sensex
bounces 250 points
|
Mumbai,
May 28:
The markets rallied to snap a six-day long falling streak and
lifted the benchmark Sensex by nearly 250 points on reports
of government denial of imposing any tax to make up for the
losses of oil companies.
|
| Gold
slips below 13k level on weak global cues
|
New
Delhi, May 28:
Gold fell sharply by Rs 430 to Rs 12,600 per 10 grams on the
bullion market here today on nervous selling by stockists, sparked
by a steep fall in its prices in the US market after the release
of the consumer confidence data last night.
|
| No
oil cess on Income Tax: Finance Ministry
|
New
Delhi, May 28:
The Finance Ministry on Wednesday dismissed the reports that
suggested that the government is planning to levy a cess or
surcharge on Income Tax and Corporate Tax to bail out oil firms
suffering due to the surge in crude oil prices.
|
| Premji
blames Americans' low savings rate
|
New
York, May 28:
A very low rate of savings among Americans is a key reason for
the weakening of US dollar, which in turn is hitting the bottomlines
of Indian IT firms, feels Azim Premji, the billionaire chief
of country's third- largest software exporter Wipro.
|
| Sachin
Tendulkar to move into 'Glamour Crescent'
|
Mumbai,
May 28:
Mumbai Indians could not make to the semi finals of the Indian
Premier League, but the iconic leader of the team Sachin Tendulkar
still has a reason to celebrate.
|
| Tata
Motors to raise nearly Rs. 9,770 cr.
|
Mumbai,
May 28:
Leading auto maker Tata Motors on wednesday said it plans to
raise up to Rs 9,770 crore through a host of fund raising initiatives,
primarily to finance the 2.3 billion-dollar buyout of British
luxury brands Jaguar and Land Rover.
|
Print This Page
Terms
and Conditions