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BSE Sensex surges over 500 Points in Afternoon Session
Mumbai, Aug 27: A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Thursday surged 507.15 points or 1.97 percent during the afternoon session.
The wider 50-scrip Nifty of the National Stock Exchange…
Wipro launches 5th Edition of Wipro Earthian
Bangalore, Aug 27: Wipro Limited (NYSE:WIT), a leading global information technology, consulting and business process services company, announced the launch of the fifth edition of ‘Wipro earthian’, a nationwide sustainability education…
Gas Explore: Australian Firm signs Agreement with Myanmar
Yangon, Aug 27: An Australian firm has signed a production sharing contract with Myanmar to explore gas in the Mottama offshore area, according to an official report.
The agreement provides a $5.2 million signature bonus and a $3.5…
Mercedes-Benz follows 15 in 15 Policy to boost Sales
Luxury car maker Mercedes-Benz India Pvt Ltd hopes to close 2015 with double digit growth while expanding its network and launching five more new models, said a top company official.
"During the first half of the current year, we have…
BSE Sensex sheds 300 Points but inches into Positive Territory
Mumbai, Aug 26: Indian stock market witness sharp fall in the morning trade on Wednesday but move into positive territory during the after-noon session. The key index – BSE Sensex plunged over 300 points, or 1.2 per cent in the morning…
Value Buying buoys Markets; BSE Sensex closes 291 Points up
Mumbai, Aug 25: Strong economic fundamentals, value buying and attractive valuations boosted investor confidence in the Indian equity market - leading a barometer index to provisionally close with gains of 291 points on Tuesday.
The…
LG to invest $8.6 billion on OLED TV Technology
New Delhi, Aug 25: South Korean electronics giant LG will invest nearly $8.6 billion globally over the next three years in OLED TV technology, a top official of the company said.
"We are looking to invest nearly $8.6 billion over the…
Moody’s now says India’s Economic potential ‘high’
New Delhi, Aug 25: Precisely a week after it lowered India's growth forecast for this year, Moody's on Tuesday said the country's economy reflected some growth potential and even hinted at a ratings upgrade it sees some progress in reforms…
Indian Crude Oil Basket now dips below $43 per Barrel
New Delhi, Aug 25: As global crude oil prices plumetted to fresh six-year lows, the Indian basket also fell to $42.97 per barrel from $45.21 on the trading day before, as per official data released on Tuesday.
The Indian basket --…
Indian Share Markets open higher after Monday Mayhem
Mumbai, Aug 25: Overlooking global cues, Indian share markets opened higher on Tuesday, a day after the mayhem in the global financial markets and a crash in China spooked a key Mumbai index into shedding some 1,625 points, or nearly 6…