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BSE Sensex and NSE Nifty end Flat, FMCG Stocks fall
A benchmark index of Indian equities markets provisionally closed Thursday's trade flat as negative global cues and profit booking led to a volatile session. Heavy volatility was observed in the 30-scrip Sensitive Index BSE Sensex, post…
RBI sets up Committees for Small Finance Banks
The Reserve Bank of India (RBI) on Wednesday announced two four-member teams as the external advisory committees (EAC) for small finance banks and payments banks. In a statement, the RBI said the EAC for the small finance banks will be…
YES BANK, UAE Exchange launch Multi-Currency Card
Financial currency exchange firm the UAE Exchange India and Yes Bank Wednesday said they have launched a new solution whereby users will be able to withdraw money from the ATMs globally with a multi-currency card. The card enables exchange…
BSE Sensex closes 117 Pts down; Nifty ends at 8,723 Pts
A day after the Reserve Bank of India (RBI) decided to keep key lending rates unchanged, a benchmark index of Indian equities markets provisionally closed Wednesday's trade down 117 points or 0.40 percent. Selling pressure was observed in…
BMW India partners with Major Indian Component Suppliers
German luxury automobile manufacturer BMW Wednesday said it has partnered with major Indian auto component suppliers for local production of its vehicles at its Chennai based plant. "BMW Plant Chennai is the heart of our India operations.…
RIL raises $750 mn through Unsecured Notes
Reliance Industries (RIL) Wednesday said that it has raised $750 million through the issuance of unsecured notes due 2045. This is the second time in less than two weeks that Reliance Industries has raised funds from the overseas debt…
SpiceJet offers Discount Scheme Starting @Rs.1,599
To lure more passengers on the occasion of Valentine's Day, budget passenger carrier SpiceJet Wednesday launched its discount scheme starting at Rs.1,599 for one way advance booking on all direct and onward flights. "We are thrilled to…
Monthly Ferro Chrome Output reaches a New High at IMFA
Indian Metals & Ferro Alloys (IMFA), India’s leading fully integrated producer of value added ferro chrome, today announced its Q3 & 9M FY15 results for the period ended December 31st, 2014.
Highlights of Q3 FY15 vs Q3 FY14…
Petrol Price cut by Rs.2.42 Per Litre and Diesel by Rs 2.25
With international crude oil prices continuing to hover below $50 per barrel, the three state-run oil marketing companies (OMCs) Tuesday decided to reduce petrol and diesel prices. According to Indian Oil Corporation (IOC), the petrol price…
ACC Ltd Consolidated Net Profit rises 6.1 Percent in 2014
Cement maker ACC Ltd Tuesday said its consolidated net profit for 2014 stood at 6.1 percent as the net profit registered at Rs. 1161.82 crore compared to Rs. 1094.67 in the calendar year 2013. Consolidated net revenue during 2014 increased…