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BHEL to set up Power Plant in Telengana
State-run power equipment maker Bharat Heavy Electricals Ltd. (BHEL) on Monday said it is setting up four 270 MW units valued at Rs.5,000 crore for Telangana State Power Generation Corporation Limited (TSGENCO) in the state. The units would…
Taj Group to launch Luxury Hotel Project in Dubai
India-based hospitality player Taj Group on Monday said it would launch a luxury hotel project in Dubai, near the iconic Burj Khalifa area. The hotelier said the project at Dubai will have 296 rooms, iclub rooms, 16 junior suites and 15…
BSE Sensex up 442 Points; Capital Goods gain
A benchmark index of Indian equities markets, the 30-scrip Sensitive Index BSE Sensex, made healthy gains in the late-afternoon trade session Monday. It was trading up 442 points or 1.61 percent.
The wider 50-scrip Nifty of the National…
US uses ‘Intel Inside’ model to push GM Crops
The 'Intel Inside' model has become the template for deploying agricultural biotechnology from American publicly-funded research institutions and private corporations to farmers in developing countries.
Just as the combination of…
BSE Sensex up 255 Points; Bank Stocks gain
A benchmark index of Indian equities markets, the 30-scrip Sensitive Index BSE Sensex, made healthy gains in the early morning session on Monday. It was trading 255 points or 0.93 percent up, as bank stocks rose.
The wider 50-scrip Nifty…
NMDC commissions New Iron Ore Mine in Chhattisgarh
NMDC, India's largest iron ore producer and exporter in public sector, on Sunday commissioned its new iron ore mine in Chhattisgarh's Dantewada district, worst hit by insurgency.
The mine - Bailadila Iron Ore Deposit 11B - is located in…
FM Jaitley assures Central Help for Rain-Affected Farmers
Union Finance Minister Arun Jaitley, who on Sunday met rain and hailstorm-affected farmers in Rajasthan, assured the state that the central government would provide all possible help for providing relief to the affected farmers.
"There…
India’s Forex Reserves hit All Time High $ 339.99 bn
India's foreign exchange reserves, Forex reserves, hit an all-time high of 339.99 billion dollar in the week ended 20th March.
A RBI release said that foreign currency assets, a major part of the overall reserves, grew by 4.54 billion…
RBI revises Regulations for Non-banking Finance Lenders
The Reserve Bank of India, RBI, has revised regulations for non-banking finance lenders by directing them to get themselves rated by March 2016.
In the revised regulatory framework on NBFCs notified on Friday evening, RBI further said,…
Delhi HC appoints Coal India as Custodian of Two Mines
The Delhi High Court on Friday made Coal India Ltd (CIL) custodian of Gare Palma IV/2 and IV/3 coal mines in Chhattisgarh as an interim measures from April 1, while also holding that it would be entitled to sell coal produced from there.…