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BSE Sensex provisionally closes flat at 28,163 Points
Mumbai, Aug 3: Investor anxiety ahead of the monetary policy review led a barometer index of the Indian equity markets to provisionally close the day's trade flat on Monday.
The 30-scrip sensitive index (Sensex) of the S&P Bombay…
Mercedes-Benz appoints New MD for India Operations
Pune, Aug 3: German automobile manufacturer Mercedes-Benz said On Monday that Roland S. Folger will take over as the new managing director and chief executive of its India operations from October 1.
According to the company, Folger, who…
Monetary Policy: RBI Governor likely to hold Interest Rates
New Delhi, Aug 3: The Reserve Bank of India (RBI) is widely expected to hold interest rates at its monetary policy review on Tuesday.
According to the Export-Import Bank of India, the rising trend in inflation seen over the last two months…
Bajaj Auto sales up Three Percent in July 2015
New Delhi, Aug 3: Two-and three-wheeler manufacturer Bajaj Auto on Monday reported an increase of three percent in its monthly sales for July.
The company managed to sell 330,231 units of two-and three-wheelers during the period under…
HCL Technologies Net Profit up 14 Percent in Fiscal 2014-15
New Delhi, Aug 3: Software major HCL Technologies on Monday reported Rs.7,254 crore net profit for fiscal 2014-15, registering 14 percent growth year-on-year (YoY), as per the Indian accounting standard.
In a regulatory filing to the…
Rs.1,150 crore Plan to build Strategic Petroleum Reserves
New Delhi, Aug 2: To secure India's energy economy against supply and price fluctuations globally, an additional funding of over Rs.1,150 crore is being provided for the Indian Strategic Petroleum Reserves Ltd.(ISPRL).
Through…
Income Tax Department notifies Return Forms for Firms
New Delhi, Aug 2: The Central Board of Direct Taxes (CBDT) has notified tax returns forms for non-salaried class, including companies, partners in firms and individuals deriving their income from proprietary business or profession for…
Raymond cuts Net Loss 58 Percent in Q1 of 2015-16
Mumbai, July 31: Textile major Raymond Ltd on Friday reported a consolidated net loss of Rs. 13.7 crore for first quarter of fiscal 2015-16, reducing its loss 58 percent from Rs.32.9 crore in same period of 2014-15.
In a regulatory…
Rs.12,000 Cr Supplement Demand for grant for Banks’ Recapitalization
New Delhi, July 31: The government on Friday presented to parliament a supplementary demand for grants to provide for Rs.12,000 crore towards recapitalization of public sector banks.(PSBs).
Finance Minister Arun Jaitley plans to provide…
Black Money Abroad declaration form can be filed Online
New Delhi, July 31: The government has notified the form for declaring income and assets abroad as well rules for their calculation under the Undisclosed Foreign Income and Assets Bill and these can also be filed online, parliament was told…