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BSE Sensex Loses 80 Points, Nifty Slips below 8,250 Points
A day after crashing 160 points, the barometer index of the Indian equities markets closed around 80 points or 0.29 percent down in Wednesday's trade session.
Heavy selling was observed in metal, healthcare, banking, oil and gas and fast…
Naresh Goyal Pledges Entire Stake to Punjab National Bank
Jet Airways Tuesday said that its promoter Naresh Goyal has pledged his entire 51 percent stake in the company to Punjab National Bank (PNB).
According to a late evening regulatory filing at the Bombay Stock Exchange (BSE), the company…
Government clears 30 Oil, Gas Discoveries for Production
The government has cleared 30 oil and gas projects stuck in contractual disputes, that would also help monetise about 2.6 trillion cubic feet of gas reserves, Petroleum Minister Dharmendra Pradhan said Monday.
"I am happy to share that…
Panagariya assumes office as Vice-Chairman of NITI Aayog
Eminent economist Arvind Panagariya Tuesday took charge as the first vice chairman of NITI Aayog, an official statement said in New Delhi. The National Institution for Transforming India (NITI) Aayog has been established by the government…
BSE Sensex Closes 160 Points Down, Nifty Down 23 Points
A day after the market rallied on the back of positive economic data, a benchmark index of Indian equities markets crashed 160 points in Tuesday's trade.
Apart from fast moving consumer goods (FMCG) and healthcare index, all sector-based…
India’s 1st Hi-Speed Rural Broadband Network Commissioned
Communications and IT Minister Ravi Shankar Prasad Monday commissioned India's first hi-speed rural broadband network in Kerala's Idukki district, an official statement said. Speaking on the occasion, Prasad said the country was witnessing…
Excise & Custom Dept collects Rs 5900.98 cr Tax in BBSR
The Central Excise, Customs and Service Tax Department, Bhubaneswar Zone has collected indirect tax to the tune of Rs. 5900.98 crore till December 2014. The Zone has achieved 58.08 per cent of the target collection of Rs.10, 160 crores set…
BSE Sensex Closes 127 Points up, Nifty Gains 39 Points
After facing a turbulent last week due to negative global cues, a benchmark index of Indian equities markets closed Monday's trade up 127 points or 0.46 percent. Healthy buying was observed in capital goods, banking, information technology…
Adani Group, SunEdison to set up Solar Park in Gujarat
Gautam Adani-led Adani Enterprises and US-based SunEdison will invest around Rs.25,000 crore ($4 billion) to set up a solar park in Gujarat that will create 20,000 new jobs. The two companies will set up a joint venture for building the…
PSBs should Explore Derivative Instruments Market: Gandhi
Indian public sector banks (PSBs) do not have any "meaningful participation" in BCD (bond currency derivative) instruments which is restricting the sector's development and needs to be better explored, a top official said here Saturday.…