Business

NSE Nifty hit an all-time high of 4,295.60 points in early trade on sustained buying of heavy-weight stocks by funds.

Broad-based NSE index, Nifty, touches record high of 4,295.60 pts and BSE-30 share index, Sensex, up 188 pts.

The Nifty index on NSE was up by 41.60 points to hit a new high of 4,256.10 in the first five minutes of trading.

The new Birla brand 'More' promises more quality and convenience with its retail stores coming up soon across the country.

The Central Bank of India will launch its Initial public offering (IPO) in June.

Thursday's sale brings to an end the Government's 23-year long association with the Maruti Udyog Limited.

The benchmark Sensex advanced by over 16.05 points on Wednesday on fag-end buying in heavy-weight stocks.

While domestic airfares increased 6 pc for Q4 2006, routes within Asia Pacific and to EMEA were up only 1 pc.

Tata Group has ruled out any immediate plans of foraying into the aviation sector.

The markets have more ground on Friday and were trading deep in the red in the afternoon session.

Mittal acquires Russian oil firm Lukoil's 50 pc stake – identified for joint investment with ONGC – for $980 mn.

The telecom regulatory authority of India has finally taken a stern step to stop the telemarketing calls.

Maruti Suzuki has reduced the price of its products by up to Rs 5,000 following increased tax sops offered by Haryana, where its facilities are located.

The market expects Infosys to deliver a net profit growth of 5.7 per cent and the revenue growth of 6.39 per cent.

Rising revenues are expected to lead to a more than 1 pc of GDP decline in the deficit (to 6.3 pc of GDP) in FY2007.

The Government on Monday cleared the 6 per cent FDI in banking, construction, communication and media sectors.