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Sensex plunges 292 points on China equity crash, Greece fears

Sensex plunges 292 points on China equity crash, Greece fears

08 Jul 2015

Mumbai: The benchmark BSE Sensex cracked the 28,000-mark by tumbling 292 points in morning trade today on across-the-board selling by participants, tracking more heavy losses in Shanghai and on fears about Greece's future in the Eurozone.

Sensex,   BSE Sensex,   Stock Market,   Nifty,   NSE,   Latest Business News,  
Rupee down 13 paise against dollar in morning trade

Rupee down 13 paise against dollar in morning trade

08 Jul 2015

Mumbai: The rupee weakened by 13 paise to 63.59 against the US dollar in morning trade today, extending losses for the second day, due to appreciation of the American unit against other currencies overseas amid Greece's crisis.

Rupee,   Dollar,   value of rupee,   rupee against dollar,   Indian economy,   latest business news,  
Greece gets until Sunday for proposals to stave off collapse

Greece gets until Sunday for proposals to stave off collapse

08 Jul 2015

Brussels: Frustrated and angered eurozone leaders gave Greek Prime Minister Alexis Tsipras a last-minute chance to finally come up with a viable proposal on how to save his country from financial ruin.

Alexis Tsipras,   Greek Prime,   Greece,   Greece crisis,   Greece Debt,   European Union President,   Donald Tusk,   latest business news,  
Forex-Euro in 5-week trough; commodity currencies at multi-year lows

Forex-Euro in 5-week trough; commodity currencies at multi-year lows

07 Jul 2015

London: The euro fell 1 percent against a buoyant USD on Tuesday, as German 10-year Bond yields fell to their lowest since early June and interest rate differentials moved against the shared currency.

Forex Euro,   Euro,   Greece crisis,   USD,   on Tuesday,   as German 10 year Bond,   Forex,   Latest Business News,  
 Gold snaps 2-day advance on subdued demand, global cues

Gold snaps 2-day advance on subdued demand, global cues

07 Jul 2015

New Delhi: Snapping a two-day rising run, gold prices today fell by Rs 70 to Rs 26,500 per ten grams at the bullion market in the national capital owing to slackened demand at prevailing levels amid a weak global trend.

Gold snaps,   Demand of Gold,   Global cues Gold prices,   Bullion market,   Latest business News ,  
India overtakes US as 3rd largest steel producer: Union Minister

India overtakes US as 3rd largest steel producer: Union Minister

07 Jul 2015

New Delhi: India has overtaken the US to become the world's third largest steel producer and is working towards achieving 300 million tonnes (MT) target in the next 10 years, Union Steel & Mines Minister Narendra Singh Tomar said today.

India overtakes US,   India 3rd largest steel producer,   Union Steel and Mines Minister,   Narendra Singh Tomar,   Steel producer,   Latest Business News,  
Uber to invest USD 50 million in Hyderabad; set up biggest global office

Uber to invest USD 50 million in Hyderabad; set up biggest global office

07 Jul 2015

Hyderabad: Taxi-hailing app Uber will invest USD 50 million in Hyderabad over the next five years to establish a facility that will house hundreds of its employees and would be its biggest international office.

Uber to invest in Hyderabad,   Uber investment,   Global office of Uber,   Taxi hailing app,   Latest Business News,  
Nestle pays Ambuja Cements Rs 20 crore to destroy Maggi packets

Nestle pays Ambuja Cements Rs 20 crore to destroy Maggi packets

07 Jul 2015

New Delhi: Nestle India has paid Rs 20 crore to Ambuja Cements for destroying Maggi instant noodles, which were found to be harmful for human consumption by the food regulators in the country.

Nestle pays Ambuja Cements,   Destroy to Maggi packets,   Ambuja Cements,   Maggi instant noodles,   FSSAI,   Latest Business News ,  
Nike opens its largest India store

Nike opens its largest India store

07 Jul 2015

Bengaluru: Betting high on brick and mortar retail format, Nike on Monday threw open its largest India store, a three-level, 7,355 square foot showroom on Brigade Road here.

Nike,   Nike Bengaluru store,   Nike largest India store,   Nike new store,   Nike showroom,   latest business news,  
Sensex reverses gains, trips 37 points on profit-booking

Sensex reverses gains, trips 37 points on profit-booking

07 Jul 2015

Mumbai: The BSE benchmark Sensex, snapping its two days of gains, settled 37.07 points lower, dragged down by profit-booking in blue-chips. "After a sustained uptrend, the domestic markets were showing a consolidation phase.This consolidation may continue for one or two days and after that, the market movements may be based on the quarterly numbers," said Alex Mathews, Head Research, Geojit BNP Paribas Financial Services.

Sensex reverses gains,   Profit booking,   BSE,   Sensex,   NSE,   Nifty,   Stock,   Latest Business News,  

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