Browsing Category
Business
BSE Sensex shed 310 Points; Bank Stocks tank
A benchmark index of Indian equities markets, the 30-scrip BSE Sensex, was down 310 points or 1.10 percent during the afternoon trade session Thursday. The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading in the…
Govt gets Rs 1.10 Lakh Crore on Telecom Spectrum Auction
The Government of India has garnered a record Rs. 1.10 lakh crore after rigorous bidding in the telecom spectrum auction, which concluded on Wednesday after 19 days and 115 rounds of bidding.
Telecom Minister Ravi Shankar Prasad said the…
Sun Pharma brings to closure Ranbaxy Laboratories Merger
India's largest pharma company Sun Pharmaceutical Industries on Wednesday announced the closure of its merger with Ranbaxy Laboratories saying the integration will deliver synergies worth $250 million (over Rs.1,500 crore) in three years.…
Kingston Business Park bags 4 star rating by Crisil
The Kingston Business Park, a commercial cum residential project of Kandoi Estates Pvt. Ltd. is awarded four star rating by CRISIL Real Estate Star Ratings (CREST) on 25th March 2015 at Bhubaneswar. Mr. Anirudh Agarwal, Regional Head of…
BSE Sensex down 142 Points; Auto Stocks tank
A benchmark index of Indian equities markets, the 30-scrip Sensitive Index BSE Sensex, on Thursday was trading 141.89 points or 0.50 percent down as auto stocks tanked. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also…
Auction to be Held to import Gas for 31 Idle Power Plants
The 31 gas-based power units in the country with a capacity of 14,000 MW that are lying idle for lack of feed stock, will be allowed imports way of e-auctions, it was decided Wednesday.
A meeting of the Cabinet Committee on Economic…
BSE Sensex closes 50 Points Down; Nifty at 8,530 Points
A benchmark index of Indian equities markets, the 30-scrip BSE Sensex, closed Wednesday's trade down 50 points or 0.18 percent. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed the day's trade in the red. It was…
Flipkart to generate Two Million E-commerce Jobs This Year
India's leading e-retailer Flipkart plans to generate around two million jobs through its marketplace and ancillary services this year. "Rapid development of e-commerce ecosystem will generate around two million direct and indirect jobs…
NMDC wins Most Efficient Navratna of the Year Award
State-owned mineral producer, the National Mineral Development Corporation (NMDC) on Wednesday said it has received the Most Efficient Navratna of the Year award in the non-manufacturing category in the national PSU awards.
"NMDC…
India’s Rural GSM Subscribers 330.34 mn in February: COAI
The total number of GSM subscribers in rural India in February stood at 330.34 million, a statement by Cellular Operators' Association of India (COAI) said in New Delhi on Wednesday. Net addition in rural subscribers in February was 4.70…