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Tata Motors bags order to supply 1,200 Trucks to Indian Army
Automobile major Tata Motors on Friday said it has bagged an order to supply around 1,200 trucks to the Indian Army.
According to the company, the order is the single largest awarded to an Indian private OEM (original equipment…
BSE Sensex closes with 87-Point up; Nifty gains 32 Points
After two previous sessions of heavy sell-offs, a barometer index of Indian equities provisionally closed in the green with gains of over 87 points on Friday.
The Indian equity markets reacted positively to the upcoming key…
Ratan Tata-backed BlueStone.com raises Rs.100 Crore
Ratan Tata-backed online jewellery portal BlueStone.com said on Thursday that it has raised third round venture capital funding worth Rs.100 crore.
Accel Partners, IVY Capital and Dragoneer led the funding advised by Avendus Capital with…
TCS posts robust Net Growth in First Quarter of 2015-16
Tata Consultancy Services (TCS) on Thursday set the tone for the Indian IT industry with robust net and volume growth in the first quarter (April-June) of this fiscal (2015-16).
The global software major reported net profit of Rs.5,709…
BSE Sensex gains 126 Points in Early Trade
A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Friday was trading at 126.37 points or 0.46 percent up during the morning session.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was…
BSE Sensex provisionally closes 114 Points down
Negative global cues eminating from China and Greece countered the positive sentiments surrounding the upcoming first quarter results and led a barometer of the Indian equities to provisionally close 114 points down on Thursday.
The…
First Quarter Passenger Car sales up 8 Percent: SIAM
The passenger car segment sales grew by 8.57 percent in the first quarter (Q1) of the current fiscal and stood at 482,332 units from 444,242 units sold during the corresponding period of 2014-15, industry data showed on Thursday.
Data…
Greece extends Bank Holiday, $66 Daily Limit on ATM withdrawals
The Greek government has extended bank closures and a 60 euro($66) daily limit on ATM withdrawals until Monday, media reported on Thursday. "The bank holiday is extended to July 13," the finance ministry said in a statement late Wednesday.…
Microsoft slashes 7,800 Jobs, mostly in Phones Unit
Indian American CEO Satya Nadella-led Microsoft on Wednesday announced it was laying off 7,800 employees primarily in the phone business as part of a major overhaul aimed at focusing the company on its core businesses.
This is Nadella's…
IMF to not bend rules over Greece Debt issue: Lagarde
The International Monetary Fund (IMF) Managing Director Christine Lagarde said that the fund will not bend rules on debts owed by Greece but would remain fully engaged in order to help find solution.
"Whenever the IMF (is) involved, it's…