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Ola to ride high on TaxiForSure buyout
Leading mobile application provider for personal transportation Ola (formerly Olacabs) on Monday announced it was buying out leading cab aggregator TaxiForSure for $200 million (Rs.1,238 crore) in a cash and equity deal. "The deal will make…
Bajaj Auto’s Sales down 22 Percent in Feb
Two-and three-wheeler maker Bajaj Auto on Monday reported a decline of 22 percent in its sales for February at 243,319 units from 313,294 units in the corresponding period of the previous year. According to the company, its motorcycle sales…
Tata Motors’ Sales up 11 Percent in Feb
Automobile major Tata Motors Monday reported an 11 percent growth in its overall sales, including exports, during February at 44,225 units from 39,951 units in the like period of last year. According to the company, domestic sales in the…
Milk Mantra, only Odia Company at Dairy Industry Conference
Representing Odisha’s Dairy Sector in the 43 Dairy Industry Conference organized by ‘Indian Dairy Association’ at Kolkata, Milk Mantra the fastest growing Dairy brand put forth its views to address several issues related to dairy…
Jet Fuel Rates hiked by 8%, Non-subsidised LPG by Rs 5
Indian Oil Corp (IOC), the nation's largest oil company, on Sunday increased Aviation Turbine Fuel (ATF) -- or jet fuel -- prices by a steep 8.2 percent and of non-subsidised cooking gas (LPG) by Rs.5 per cylinder consequent to recent…
Union Budget to encourage Growth and Investments: CII
“Matching the expectations, the Finance Minister delivered an excellent Budget with many proposals to promote growth and investments,” said Mr Ajay S Shriram, President, CII.
"Measures to revive investment in infrastructure include…
Petrol, Diesel Prices hiked by over Rs 3 Per Litre
The petrol prices were spiked by Rs 3.18 per litre, while the diesel prices went up by Rs 3.09 per litre with effect from midnight today. This is the seco d increase in fuel prices in February, due to rising global crude prices.
A litre…
BSE Sensex closes 233 Points up; Bank Stocks zoom
In a volatile session, a benchmark index of Indian equities markets, the 30-scrip BSE Sensex, provisionally ended Saturday's trade up 233 points or 0.80 percent. The choppy session was caused due to the day's biggest trigger -- the Union…
FM Jaitley proposes Public Debt Management Agency
Finance Minister Arun Jaitley Saturday proposed to establish a public debt management agency (PDMA) which will help in managing both external and domestic debt. "Vital factor in promoting investment in India, including in the infrastructure…
BSE Sensex down 209 Points, FMCG Stocks plunge
A benchmark index of Indian equities markets, the 30-scrip BSE Sensex, Saturday traded 209 points or 0.72 percent down in late afternoon trade after Finance Minister Arun Jaitley presented the Union Budget for 2015-16 in the Lok Sabha.…