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India’s Factory Output accelerates to 4.2 percent in July
New Delhi, Sep 11: A rapid expansion in the manufacturing sector accelerated India's factory output growth to 4.2 percent in July from a rise of 3.8 percent in the month before, official data showed on Friday.
The industrial output in…
Foreign Investment Board clears 14 FDI Proposals
New Delhi, Sep 11: India's Foreign Investment Promotion Board (FIPB) on Friday cleared 14 foreign direct investment (FDI) proposals, including that of Shyam Sistema Teleservices, IIFL Holdings and Eros International Media.
An official…
Upcoming Macro Data subdues Markets; BSE Sensex closes Flat
Mumbai, Sep 11: Volatility prevailed ahead of the forthcoming industry output and inflation data leading a barometer index of the Indian equities to gain marginally by 50 points during the late-afternoon trade session on Friday.
The…
100 MSMEs to participate in CeBIT India Expo-2015
Bengaluru, Sep 10: About 100 micro, small and medium enterprises (MSMEs) will participate in the second CeBIT India expo to showcase their products and solutions here October 29-31.
"As the MSME segment is poised to play a major role in…
SEBI orders Ramalinga Raju, 11 others to pay back Rs.1,802 cr
Chennai, Sep 10: Indian securities market regulator SEBI on Thursday ordered Satyam Computers scam kingpin B.Ramalinga Raju and 11 others to disgorge Rs.1,802.81 crore of the unlawful gain from insider trading.
According to Securities…
Investors ink MoUs worth Rs.242,160 crore: Jayalalithaa
Chennai, Sep 10: A record investment commitment of Rs.242,160 crore in Tamil Nadu was made by investors at the first Global Investors Meet 2015, said Tamil Nadu Chief Minister J.Jayalalithaa here on Thursday.
Delivering the valedictory…
Union Minister Dharmendra Pradhan reviews Rajasthan Oil and Gas Sector
Jaipur, Sep 10: Minister of State (I/C) for Petroleum & Natural Gas Dharmendra Pradhan visited Jaipur, Rajasthan on Wednesday to review oil and gas sector issues with the Government of Rajasthan led by Hon'ble Chief Minister of…
BSE Sensex closes 357 Points up on Global Rally
Mumbai, Sep 9: A global rally sponsored by reforms and stimulus measures by the Chinese government supported the Indian equity markets leading to a barometer index closing with gains of 357 points on Wednesday.
Back home, the positive…
Govt approves Rs.800 crore capital infusion in EXIM Bank
New Delhi, Sep 9: The government on Wednesday approved capital infusion amounting to Rs.800 crore in the Export Import Bank of India (EXIM) in an effort to better promote the country's international trade.
The approval was given by the…
Union Cabinet approves New Gold Bond Scheme with interest
New Delhi, Sep 9: India on Wednesday approved a new sovereign gold bond scheme, as also a monetisation scheme to incentivise people to park their gold assets in a paper format and earn interest, while seeking to productively use vast…