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Air India to get Rs.2,500 Crore of Fresh Equity
Finance Minister Arun Jaitley Saturday proposed infusion of an additional equity of Rs.2,500 crore in the cash-strapped national passenger carrier Air India for 2015-16 fiscal. According to the expenditure budget document, a budgetary…
BSE Sensex gains over 200 Points ahead of Union Budget
A benchmark index of Indian equities markets, the 30-scrip BSE Sensex, Saturday surged 213.71 points or 0.73 percent in the early session ahead of the Union Budget.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also…
BSE Sensex closes 472 Points up; Nifty ends 160 Points up
A day ahead of the union budget, a benchmark index of Indian equities markets, the 30-scrip BSE Sensex, provisionally closed Friday's trade up 472 points or 1.64 percent. Bullish sentiments prevailed as the day's biggest trigger - the…
An Ambitious Capex Heavy Rail Budget: Hemant Kanoria
Modernization, capacity augmentation, better governance and laying out a roadmap for partnerships with both state governments and private sector have been the principal building blocks for this year’s Rail Budget. The Minister has touched…
BSE Sensex gains over 145 Pts ahead of Economic Survey
Just a day ahead of the union budget, a benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex) surged 145 points or 0.50 percent in the pre-afternoon trade session Friday.
Bullish sentiments prevailed just…
RSP receives the approval of American Bureau of Shipping
Adding another feather to its cap Rourkela Steel Plant has received the approval by ABS (American Bureau of Shipping) and DNV-GL (Det Norske Veritas-Germanischer Lloyd) for producing ship building grades of steel. This approval is for both…
Balmer Lawrie signs MoU with CGDA for Air Travel
A Memorandum of Understanding was signed between the Controller General of Defence Accounts (CGDA) and Balmer Lawrie & Co. Ltd. on 25 February 2015for the development and implementation of an Air Travel module in the Defence Travel…
NABARD Sanctions Rs.280.92 Crore for Rural Infrastructure
Development of infrastructure holds the key for attaining faster economic growth, more so for rural economy which needs massive investments in infrastructure sector. Rural Infrastructure Development Fund (RIDF) of NABARD was created to fund…
Ola launches services in Bhubaneswar
Ola (formerly Olacabs), India’s leading mobile app for Intermediate public transportation , today announced the launch of their services in Bhubaneswar.Users in Bhubaneswar will now have access to the large network of cars present on the…
BSE Sensex down 261Points; Auto Stocks tank
A benchmark index of the Indian equities markets, the 30-scrip BSE Sensex closed Thursday's trade 261 points or 0.90 percent down, as interest-sensitive stocks like automobile, capital goods and banks plunged.
The day's biggest trigger…