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Kashmir Floods: Rs.1,805 crore paid as Insurance claims
A total of Rs.1,805.87 crore claims have been paid by the general insurance companies in the country towards losses due to floods in Jammu and Kashmir in September 2014, said the union finance ministry. In a statement on Thursday, the…
Reliance Industries scrip up 11.6 Percent since Shareholder Meet
The 41st annual general meeting of Reliance Industries has proved to be a major driver for Reliance Industries shares, not only propelling it by 11.60 percent since last Friday but also lifting it to a six-year high.
The company's shares…
India to sign Free Trade agreement with Eurasian Economic Union
India has confirmed it will sign a free trade agreement with the Eurasian Economic Union (EAEU) on June 18 at the St. Petersburg International Economic Forum (SPIEF-2015).
"We are definitely signing this agreement", Amit Telang, first…
BSE Sensex up 275 Points; Bank Stocks gain
Bullish sentiments prevailed at the Indian equities markets on Thursday, a day after the US Federal Reserve decided to further postpone its rate hike, leading a barometer index to gain more than 275 points in the mid-afternoon trade…
Centre forms Two Committees to implement GST from 2016
The central government on Wednesday announced the setting up of two committees to facilitate the rollout of the goods and services tax (GST) regime from April 1 next year and to propose the tax rates.
A committee headed by Chief Economic…
Vodafone India raises Rs.8,800 crore for Debt Refinancing
The Indian arm of British telecom major Vodafone has raised Rs.8,800 crore for corporate debt refinancing, its law firm said on Wednesday.
"Rs.7,500 crore was raised through private placement of its debentures and the remaining Rs.1,300…
Karnataka Govt clears Rs.2,050 crore worth of Investment
The Karnataka government on Wednesday cleared five investment proposals worth Rs.2,050 crore in diverse sectors with job creation potential for 3,532 people.
"The five proposals were cleared by the state high-level clearance committee at…
Cabinet raises MSP for Paddy, Pulses, Cotton; Effective from Oct 1
The Cabinet Committee on Economic Affairs on Wednesday increased the Minimum Support Price (MSP) of crops ranging from Rs.15 to Rs.275 for this year's kharif season.
The new support prices will be effective from October 1 this year.…
BSE Sensex closes 146 Points up; Nifty ends at 8,091Points
A benchmark index of the Indian equities markets, the 30-scrip BSE Sensex, provisionally closed the day's trade up 146.15 points or 0.55 percent on Wednesday.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) provisionally…
MCL floats e-tender for 10 MTY Jagannath Coal Washery
The most innovative and quality conscious subsidiary of Coal India, Mahanadi Coalfields Limited (MCL) floated its second e-tender for setting-up a 10 MTY capacity Jagannath Coal Washery at Talcher Coalfield in Angul district of Odisha.…