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Gold rises; silver flat

Mumbai, Mar 12 (UNI) Spot Gold resumed today on a higher note on bullish global advices while Silver remained steady on moderate demand in the opening session, traders at the Bombay Bullion Association said.

Following are the opening rates of Spot Silver and Gold: Silver (per kg).999 fineness grade: Rs 19,385, Gold (per 10 gm): Gold 99.5 purity standard mint : Rs 9,375, Gold 99.9 purity pure Gold : Rs 9,420.

UNI

Copper, brass cuttings declines with LME

Mumbai, Mar 12 (UNI) Copper and brass cuttings declined on lack of fresh demand along with the London Metal Exchange, traders at the Bombay Metal Exchange said today. In ferrous section, copper heavy and brass cuttings declined by Rs 300 and Rs 700 per quintal on lack of fresh demand. In non-ferrous section, copper wire bars drifted lower by Rs 500 per quintal on sustained heavy selling pressure. But lead ingots rose by Rs 100 per quintal on lesser stock supply......

Max New York Life opens office in Karnal

Karnal, Mar 12 (UNI) Max New York Life today opened its first general office in Karnal city in Haryana as a part of its expansion plans in the northern region. Speaking on the occasion, Mr Kenneth Sannoo, Head-Agency (North and East), Max New York Life Insurance Company described Haryana as a land of enormous potential. With this new office which will be headed by Mr Vikas Ratra, Max New York Life has established a countrywide network of 162 offices.....

Nokia to double production to 50 million a year

Chennai, Mar 12 (UNI) Nokia, the global leader in mobile communications, today announced doubling of its handset production to 50 million units a year at its Sriperumbudur plant, near here, from June. Mr Jukka Lehtela, the outgoing Director of Nokia's India operations, told reporters that eight additional factories at its manufacturing plant would become operational by early next year. He also announced that Mr Sachin Saxena would succeed him as Director, India Operations. The plant, which celebrated yesterday its first anniversary.....
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