Bombay Markets

Sensex reverses uptrend
| Closes 17 points lower at 18221 over rate hike fears | MUMBAI: The Bombay Stock Exchange benchmark index, Sensex, on Friday took a breather and closed 17 points lower as rising food inflation evoked... The Hindu

Reliance Cap Trustee buys 8.68 % in Trent
| NEW DELHI: Tata group's retail company Trent on Friday said Anil Dhirubhai Ambani-group firm Reliance Capital Trustee has bought 8.68 per cent stake in the company for Rs.21.20 crore. | In a filing ... The Hindu

ADA Group's
| Tata group company Trent Ltd said today that Anil Ambani-promoted Reliance Capital has bought 8.68 per cent stake in it for Rs 21.2 crore, marking the ADA Group's entry into the retail sector. In a ... Indian Express

ADAG top execs get more time for Sebi hearing
MUMBAI: Top executives of the Anil Dhirubhai Ambani (ADA) Group were granted an extension on Friday by the Securities and Exchange Board of India (Sebi) after the regulator had earlier imposed a deadl... The Times Of India

Services industry cool in August
| Mumbai: India's services industry growth cooled in August for a second month after climbing to a two-year high in June, a survey of purchasing executives showed. | The HSBC Holdings Plc and Markit E... Gulf News

'India is a core strategic market for StanChart'
Switching over to banking from FMCG may not be the career path a sales manager in the consumer goods space would choose for himself. But when the person in question is Neeraj Swaroop — for whom one ... The Times Of India

Rupee has best week in a month on growth hopes
The rupee completed the biggest weekly gain in a month on speculation that accelerating economic growth will prompt investors to increase purchases of the nation’s stocks. The currency strengthened ... The Times Of India

Indian stocks advance beyond expectations
| Mumbai: Most Indian stocks climbed amid expectations local companies will benefit from strengthening economic growth. | Sterlite Industries (India) Ltd, the nation's biggest copper and zinc producer... Gulf News

Govt issues notice to Gulf Oil over supply of explosives
New Delhi, Sept 3 (PTI): Friday, September 03, 2010 --> | The government has issued a showcause notice to Hinduja Group firm Gulf Oil Corp, apparently in relation to the supply of explosives to 61 tru... Deccan Herald

Rupee gains 8 paise to 2-week high against US dollar
MUMBAI: The Indian rupee gained another 8 paise to end at a two-week high of 46.64/65 against the US dollar on Friday on selling of the American currency by exporte rs and banks. | In lacklustre trade... The Times Of India

Reliance Cap Trustee buys 8.68 pc in Trent for Rs 21.2 cr
NEW DELHI: Tata group's retail company Trent said on Friday that Anil Dhirubhai Ambani-group firm Reliance Capital Trustee has bought 8.68 per cent stake in the company for Rs 21.2 crore. | In a filin... The Times Of India

Trent shares touch all-time high on Reliance Cap deal
MUMBAI: Tata group company Trent on Friday jumped over 8 per cent to hit an all-time high on the Bombay Stock Exchange, after Anil Ambani-promoted Reliance Capital Trustee bought 8.68 per cent stake i... The Times Of India

Satyam soars 11 pc on BSE
Mumbai, Sep 3 (PTI): Friday, September 03, 2010 --> | Shares of Mahindra Satyam surged by nearly 11 per cent on the BSE today, a day after the company said it has developed a software solution for ins... Deccan Herald

Tata Steel in talks with banks for 3.5 bn pounds loan
NEW DELHI: Leading steel producer Tata Steel is in discussions with banks to raise loans worth 3.5 billion pounds (over Rs 25,000 crore) for its UK unit. | Tata Steel is in talks with 11 banks for loa... The Times Of India

Rupee hits 2-wk high ahead of key US data
MUMBAI: The rupee strengthened to its highest level in nearly two weeks on Friday boosted by some dollar sales by exporters and weakness in the US unit ahead of the key non-farm payrolls data due at 1... The Times Of India

Reliance deal powers Tata Trent stock
| Tata group company Trent jumped over 8 per cent to hit an all-time high on the Bombay Stock Exchange, after Anil Ambani-promoted Reliance Capital Trustee bought 8.68 per cent stake in the retail maj... Indian Express

Sensex closes 29 points down
| The BSE benchmark Sensex took a breather and closed 29 points lower as rising food inflation evoked worries of a further rate hike by the RBI this month. | Cutting short two days of consecutive gain... Indian Express

Reliance Capital buys 8.68 pc in Trent for Rs 21.2 crore
New Delhi, Sep 3 (PTI) Friday, September 03, 2010 --> | Tata group firm Trent Ltd today said Anil Ambani-promoted Reliance Capital has bought 8.68 per cent stake in it for Rs 21.2 crore, marking ADA G... Deccan Herald

Rupee near 2-week high on firm Asian peers
MUMBAI: The rupee rose to a near two-week high on Friday morning trade, boosted by gains in Asian peers, the dollar's loss versus major currencies and gains in domestic shares. | At 9.19 a.m., the par... The Times Of India

Andhra Bank, UCO Bank, Canara Bank and Corporation Bank get new CMDs
| S. Raman | NEW DELHI: The new chiefs of four public sector banks took charge on Wednesday, including Canara Bank Chairman and Managing Director (CMD) S. Raman and UCO Bank chief Arun Kaul. | While t... The Hindu