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The private equity real estate arm of the global investment firm Xander Group has invested Rs 370 crore in Kapstone Constructions, the group company of Mumbai-based developer Rustomjee. T...
Beginning Tuesday, a series of public meetings have been scheduled in Telangana wherein the BJP’s Prime Ministerial candidate Narendra Modi, TDP Chief N Chandrababu Naidu and Tollywood star
Global travel search Web site Skyscanner has tied up with Delhi Daredevils as its official travel partner for this year’s IPL season. The company said that as part of this association, it...
Rupee trading weak at 60.43  (21 April 04:04 pm) 
The rupee was trading weak by 14 paise at 60.35 against the dollar at 3.59 p.m. local time. The domestic unit opened a tad weak at 60.32 against the previous close of 60.29 due to demand...
Rating agency Crisil has said a stable Government post-elections is likely to help the country grow at an average of 6.5 per cent for the next five years. “Our base-case forecast of an av...
Sensex ends 136 points higher  (21 April 03:52 pm) 
The Sensex and the Nifty gained over 0.5 per cent at the closing session on Monday. The 30-share BSE index Sensex ended at 22,764.83, up 135.99 points and the Nifty ended at 6,817.65, up...
L&T Mutual Fund hopes to raise Rs 150-200 crore through its newly launched Emerging Business Fund. The new fund offer will be open for subscription between April 22 and May 6. The fun...
‘All well with BJP-TDP alliance’
Hotel Leela Venture Ltd is in talks with sovereign wealth funds of Abu Dhabi, Qatar and Malaysia to sell its prime properties in Delhi and Chennai for around ₹1,850 crore to pare debt. T...
L&T extends gains above 4% on NSE  (21 April 03:38 pm) 
Larsen & Toubro climbed up further ahead of the close on Monday. At 3.19 pm the stock was up 4.11 per cent at ₹1,321.10. The stock closed Friday at ₹1,268.95. Sesa Sterlite made furt...
The apex court has allowed annual cap of 20 million tonnes of iron ore excavation in Goa. The Supreme Court has said there will be no grant of lease for mining around one km of national p...
G Gopalakrishna has taken charge as Director, Centre for Advanced Financial Research and Learning (CAFRAL). He took up the new position after voluntarily retiring as Executive Director of...
Sesa Sterlite vaults 5.5% on BSE  (21 April 03:28 pm) 
Sesa Sterlite vaulted to the top in late trading on the BSE on Monday. At 3.10 pm the stock was trading at ₹203.20, up 5.50 per cent on its previous close of ₹192.60. Larsen & Toubro...
Launching a hard-hitting attack on SP, BSP and Congress, Narendra Modi today said the “power game by the clan of three parties” is responsible for the poor plight of UP and the nation even as he
Mecklai Midday report for April 21  (21 April 03:15 pm) 
Mecklai Midday report for April 21, 2014, by Mecklai Financial ...
The Sensex and the Nifty were trading by over 0.5 per cent at the pre-close session on Monday. The 30-share BSE index Sensex was trading at 22,766.53, up 137.69 points and the Nifty was...
The country’s largest two-wheeler maker Hero MotoCorp today announced a joint venture with Bangladesh’s Nitol Niloy group and the two plan to invest around $40 million (over Rs 240 crore) in the
To mark the second anniversary of Planet 21, the sustainable development programme of Accor Group launched in 2012, Novotel Hyderabad Convention Centre (NHCC) celebrated the occasion with its stak...
LIC Housing Finance Ltd has posted a 17 per cent growth in its fourth quarter net profit at Rs 370 crore on the back of higher revenue from its lending activities. During the January to M...
For years, state and local officials have conducted a “tabletop exercise” before the Boston Marathon, a meeting that allows them to study a map of the 26.2-mile course and plan for emergencies
If you thought SEBI had given up on its plans to frame a separate regulation for the various corporate governance requirements specified in the listing agreement, then think again. A reg...
In what could be a positive sign for Hyderabad-based Natco Pharma Ltd, the US Supreme Court has dismissed a plea of Teva to stay a Lower court\'s ruling on generic version of Copaxone. The...
Karnataka Bank Chief Executive Officer P Jayarama Bhat has stressed the need for a multi-pronged approach during 2014-15 to improve the bottomline of the bank. Addressing the regional hea...
​Book Togadia for hate speech: AAP  (21 April 02:11 pm) 
​The Aam Aadmi Party (AAP) has urged the Election Commission of India to direct immediate registration of an FIR against Vishwa Hindu Parishad\'s (VHP) President Pravin Togadia for “vitiating the
About 4.5 lakh child labourers (10-14 years of age) in India are engaged in various e-waste (electronic waste) activities, without adequate protection and safeguards in various yards and recycling...