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Rupee snaps 4-day fall, ends at 61.36  (31 October 07:47 pm) 
Robust capital inflows and good show by local equities helped the Indian rupee on Friday snap a four-day losing trend and end nine paise higher at 61.36 against the Greenback. Fresh dollar selling...
Indian markets on Friday ended the week with a bang with Sensex zooming 519.50 points and Nifty soaring 153 points to new highs for the second straight day in line with a strong global rally after...
The liquidity-starved real estate sector in India has unanimously welcomed the government’s decision to revise the foreign direct investment (FDI) norms in the real estate sector. There h...
Earlier this month, Reserve Bank’s Deputy Governor Urjit Patel spoke about the impact the US Federal Reserve’s Taper would have on India to The Hindu. The interview was conducted before...
Earlier this month, Reserve Bank’s Deputy Governor Urjit Patel spoke about the impact the US Federal Reserve’s Taper would have on India to The Hindu. The interview was conducted before...
Sensex, Nifty touch record highs  (31 October 10:47 am) 
The BSE Sensex and the NSE Nifty soared to hit new all-time highs of 27,493.59 and 8,214.65 points, respectively, in opening trade on Friday on sustained fund inflows, driven by a slew of economic...
Snapping its four-day falling streak, the rupee rose by eight paise to 61.37 against the US dollar in early trade on Friday on sustained foreign capital inflows amidst a higher opening in the domes...
Bosch group chief calls for labour reforms  (31 October 01:47 am) 
Bosch Board of Management Chairman Volkmar Denner wants India to roll out labour reforms, especially those that enhance productivity and help companies become competitive globally.Progressi...
Wheels India Q2 net rises 9 %  (31 October 01:47 am) 
Wheels India on Thursday reported a nine per cent increase in its net profit at Rs.9.51 crore on revenue of Rs.516 crore for the quarter ended September 30, 2014, against Rs.8.73 crore on revenue...
New India Assurance, on Thursday, said the company had already made payments in 80 per cent claims from flood-affected Jammu & Kashmir and 50 per cent of claims arising out of Hudhud cyclone a...
Pharma major Eli Lilly on Thursday completed the technology transfer of multi-drug-resistant tuberculosis (MDR-TB) drug cycloserine in India to Shasun Chemicals and Drugs. Beginning in 20...
One of its major goals is to achieve maximum employment
The Sanmar group is planning to inject additional investments into its Egyptian venture Trust Chemicals Industries of Egypt.The city-based acquired Trust Chemicals in March 2007, and rename...
Manappuram to buy major stake in Asirvad  (31 October 01:47 am) 
Gold loan firm Manappuram Finance Ltd. will acquire a majority stake in Chennai-based Asirvad Micro-finance Private Ltd. (AMPL), a firm in which Lok Capital has a 24 per cent stake. “Lok Capital
Harley-Davidson launches 3 new motorcycles  (31 October 01:47 am) 
Performance cruiser Breakout, Rs.16.28 lakh (ex-showroom Delhi), will be assembled at its Bawal plant in Haryana.
The Securities Appellate Tribunal (SAT) on Thursday asked realty giant DLF to submit an affidavit to the tribunal and market regulator SEBI detailing its immediate fund requirements and their end-...
Chinese computer maker Lenovo on Thursday announced completion of USD 2.91 billion acquisition of Motorola Mobility from Google, a move that will make it the third largest smartphone maker in Indi...
Country’s largest car maker Maruti Suzuki India on Thursday posted a growth of 28.7 per cent in net profits to Rs 862.5 crore for the second quarter ended September 30, 2014. The profits were
The Tata group has invested in a Swiss start-up solar company as several companies from the European country vie for a share in the Indian solar energy market, which is seen as having a huge poten...
Coca-Cola Amatil shares rise 5%
Taking the patent battle to Novartis, India’s Cipla has launched low-cost generic version of the Swiss drug maker’s respiratory drug Indacaterol sold under the Onbrez brand, while asking the
Public sector lender Andhra Bank on Thursday said its net profit for the quarter ended September 30 rose by over two-fold on year-on-year basis to Rs 114.5 crore on account of higher interest inco...
Rupee drops to 2-week low vs USD  (30 October 06:47 pm) 
Moving in opposite direction to stocks, the rupee on Thursday fell for the fourth day, dipping 10 paise to close at two-week low of 61.45 against the Greenback after US Federal Reserve kept in pla...
Bharti Airtel, country’s largest mobile operator, on Thursday reported nearly three-fold jump in consolidated net profit to Rs 1,383 crore for the second quarter ended September 30, 2014 on the
The benchmark Sensex on Thursday surged about 248 points to end at record closing peak of 27,346.33 on across-the-board buying by investors after government eased rules for FDI in construction sec...