India Business

BPCL’s Arm Plans Rs 2000 Cr IPO By March 2008

Ashok_Sinha_BPCL_CMDNew Delhi: Ashok Sinha, Bharat Petroleum Corporation’s Cha

RIL Detects More Gas In KG Basin

Aztecsoft To Build SEZ Facility In Bangalore

Chennai: Aztecsoft Ltd has announced the launch of its SEZ plant at Whitefield, Bangalore.

Punj Lloyd’s Subsidiary Gets $450 Mn EPC Deal From Singapore

Sembawang_Engineers_and_ConstructorsPunj Lloyd’

Stock Markets Follow The Rising Trend

Bull_vs_BearThe 30-share benchmark, BSE Sensex, today, has followed up the rising trend on th

Strong Economic Growth Will Strengthen Indian Currency, Says Chidambaram

P_Chidambaram_FMMumbai: P Chidambaram, Indian Finance Minister said that Indian currency (rupee) could go up more due to solid growth in the economy. The other reason for the appreciation is that the exporters need to become more aggressive in the world wide market.

The traders said that the statement pushed the Indian rupee to its firmest level in nearly a decade, but the suspected RBI involvement blocked the admiration.

While talking to the trade and industry associates at a conference, Mr. Chidambaram said, “With the economy growing at an average rate of 8.6 percent, the rupee is bound to strengthen.”

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