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| • Sensex up nearly half a percent; auto stocks rally |
| A benchmark index of the Indian equities markets was trading nearly half a percent up in the pre-afternoon trade Monday on the back of sustained buying from foreign institutional investors (FIIs) and on positive global cues. |
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| • Bengal textile policy to help sector grow, say chambers |
| With the Mamata Banerjee government in West Bengal coming up with a draft textile policy to attract investment to revive the sector, leading industry lobbies have expressed hope that the policy roadmap would help the industry to grow significantly. |
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| • Kerala software engineer develops anti-piracy software |
| A Kerala-based software engineer has come up with an anti-piracy device to check recording of movies in theatres using sophisticated mobile phones or handycams. |
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| • Dilip Chhabaria unveils auto design studio in Bangalore |
| Renowned automobile designer Dilip Chhabaria today unveiled his design studio here to showcase his award-winning and innovative designs. |
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| • Selling less gold coins may not reduce consumption: SBI chief |
| State Bank of India (SBI) chairman Pratip Chaudhuri today said the central bank's request to banks not to aggressively sell gold products may not lead to a reduction in consumption and greater steps are required to check the demand for the precious metal. |
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| • Sensex rallies for 5th straight week; up 164 points |
| Key indices of Indian equities markets rallied for the fifth week in a row, with the benchmark Sensex gaining 164 points in the weekly trade as a sharp drop in inflation boosted hopes of an early rate cut by the Reserve Bank of India. |
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| • SBI's overseas business margins under pressure: Chairman |
| Public sector lender State Bank of India (SBI) chairman Pratip Chaudhuri today said the lender's margins in overseas business were under pressure. |
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| • Gemfields unites with 4 Indian jewellers |
| Gemfields, a global coloured gemstone producer, has collaborated with four Indian jewellery designers for a collection of bespoke pieces. |
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| • Make people aware of shady firms: SBI chief |
| Pratip Chaudhuri, chairman of the country's largest lender, State Bank of India (SBI), said today that the RBI and SEBI should start public awareness campaigns for depositors on the risk of investing in shady companies. |
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| • Let RBI be sole regulator for all home loan providers: SBI chief |
| The country's largest lender, State Bank of India (SBI), today sought the Reserve Bank of India (RBI) should become the sole regulator for all home loan institutions - banks as well as housing finance companies. |
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| • India, China to be biggest investors by 2030: World Bank |
| India and China will be the biggest investors by 2030, accounting for 38 percent of the global gross investment and almost half of all the world manufacturing investment, says the World Bank. |
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| • ITC fourth quarter net jumps 19.4 percent |
| Conglomerate ITC's fourth quarter (January to March) 2012-13 net jumped by 19. |
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| • Turkish Bank deploys Infosys' Finacle software |
| Leading Turkish private bank Turkland Bank has deployed Finacle software product of Indian IT bellwether Infosys for its core banking, customer relationship management and treasury operations. |
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| • Huge scope for improving Indian shale gas estimates: ONGC |
| State-owned energy major ONGC today said there is a huge scope of upward revision of the shale gas estimates for the country. |
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| • Mobile apps to monitor clean cookstoves adoption in India |
| Qualcomm Incorporated has developed SootSwap, a mobile application for monitoring the adoption of clean cooking technologies, a company official said here today. |
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| Updated: 44 minutes ago |
