After opening positively at 16,352.32, The BSE benchmark index Sensex slipped into the negative zone in the morning trades because of weak global cues. IT sector continued to trade on really passive note owing to further rupee admiration. Rupee was quoting at 39.87 versus US dollar.

Asian stocks chop down from its eight-week record after Fed Reserve chairman Ben Bernanke expressed worries over the housing downturn situation in the US.

Chennai: ASUS has introduced the U1F notebook in the Indian market. U1F is the company’s most recent offering in the ultra-portable notebook sector.

Mumbai: Bulls stepped carefully on yesterday’s trading session after the previous day’s explosion party.

Mumbai:
Bulls stepped carefully on yesterday’s trading session after the
previous day’s explosion party. Benchmark indicants attained new peaks
early in the trading session, but capitalists’ eagerness was raged by
rising rupee value.

Bangalore: Canara Bank has introduced a voice-enabled biometric ATM for the rural segment to have access to banking facilities.

Tiruchirapalli: A top company executive said that Polystyrene manufacturer Supreme Petrochemicals Ltd is expecting a turnover of Rs 1,600 crore in the recent fiscal started from July 1, 2007.

R Rangarajan, Chief Executive (Export Marketing), told that the company made revenue of Rs 1,400 crore in the last year, out of which more than 50 per cent was accomplished through exports.