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Bajaj Auto’s December sales slip
Mumbai, Jan 4: Two- and three-wheeler major Bajaj Auto on Monday reported a minor fall in its total sales for December to 289,003 units.
The automobile manufacturer had sold 289,244 units during the corresponding month of 2014.…
Punj Lloyd wins four highway contracts of Rs.1,555 crore
New Delhi, Jan 4: Infrastructure major Punj Lloyd on Monday said it has won four highway projects of Rs.1,555 crore in as many states from the union government.
While the projects in Bihar, Chhattisgarh and Odisha were awarded by the…
Manufacturing activity slips to 28-month low in December
New Delhi, Jan 4: India's manufacturing activity contracted in December for the first time in over two years with Nikkei's Manufacturing Purchasing Managers' Index (PMI) falling to a 28-month low of 49.1 against 50.3 in November.
A…
BSE Sensex tanks 416 Points during afternoon session
Mumbai, Jan 4: A benchmark index of the Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex), on Monday plunged 416.14 points, or 1.59 percent down during the afternoon session following weak Asian markets.
The wider…
Facebook CEO Zuckerberg to focus on AI in 2016
New York, Jan 4: In 2016, Facebook CEO Mark Zuckerberg wants to focus on Artificial Intelligence (AI) and is even thinking of a simple AI to run his home and workplace like the famous Jarvis character in the Hollywood movie "Iron Man".…
BSE Sensex sheds 176 Points in Early Trade
Mumbai, Jan 4: A benchmark index of the Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Monday was trading 176.46 points, or 0.67 percent down during the morning session.
The wider 50-scrip Nifty of the National Stock…
Myanmar discovers gas reserve in southwestern region
Nay Pyi Taw, Jan 4: A local company in Myanmar has discovered a large offshore gas reserve off Ngwesaung Beach, Pathein in Ayeyawaddy region, an official report said on Monday.
At a location about 48 kms off the beach, the company found…
First Trading Day of 2016: Chinese shares tumble
Beijing, Jan 4: Chinese shares tumbled heavily in the morning session on Monday, the first trading day of 2016, with the benchmark Shanghai Composite Index nose-diving over four percent.
At 10.16 a.m. (local time) the benchmark Shanghai…
Japan stocks end low in morning
Tokyo, Jan 4: Japan stocks dropped on Monday morning on the first trading day of the year, as investors already pensive following Wall Street's losses at the end of last year were also disappointed at China's manufacturing data in December…
Electric current at room temperature without energy loss soon
Tokyo, Jan 3: A group of researchers in Japan and China has found a clue to generate electric current without energy consumption at room temperature. They have identified the requirements for the development of new types of extremely low…