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| Wednesday , January 25 , 2012 |

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Apex bank turns on cash tap

The Reserve Bank of India (RBI) today cut the cash reserve ratio by 50 basis points to 5.5 per cent, a level that’s not been seen since February 2010. The move is being read as the first clear signal of a reversal of the tight monetary poli ... | Read..

Stocks surge on rate cut hope

Stocks leapt on the bourses with investors expecting the CRR cut to funnel more cash into the financial system — and st ... | Read..

Bankers divided on lending strategy

Bankers are divided over the prospects for a cut in lending rates after the Reserve Bank of India reduced the cash rese ... | Read..

2G spectrum auction pitch

The chiefs of top mobile companies today met telecom minister Kapil Sibal and pushed for auctions to buy 2G spectrum. ... | Read..

Cairn deal crosses the last mile

The cabinet today gave its final approval to the Cairn-Vedanta deal. Cairn India, which operates the prolific Rajasthan ... | Read..

Apex bank turns on cash tap

Press Releases

Grasim profit jumps 33%

Aditya Birla Group firm Grasim Industries today posted a 33.34 per cent rise in net profit at R.. | Read..

Strides sells Aussie subsidiary

Drug firm Strides Arcolab has sold its entire stake in Australian subsidiary Ascent Pharmahealth to.. | Read..

STOCK MARKET

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