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SpiceJet, IndiGo kick off another round of fare war, announce ‘super Holi sale’
(11 March 09:49 pm)
SpiceJet and IndiGo kicked off yet another round of price war in the aviation sector, the fourth in two-and-a-half months, offering massive discounts.
Maruti-Suzuki deal: Investors raise new concerns on Gujarat project
(11 March 09:08 pm)
Raising fresh concerns over Maruti allowing parent Suzuki to undertake a Gujarat project on its own, institutional shareholders have asked the carmaker\'s board to quash this \"oppressive transaction\".
CG to supply power transformers and switchgear to Odessa Oblenergo, Ukraine
(11 March 08:03 pm)
Avantha Group Company CG, has received an order to provide two 40 MVA power transformers and one 110 kV Gas Insulated Switchgear (GIS) of 7 bays, to Ukrainian electricity utility Odessa Oblenergo for
Airbus sets up new holding entity in India, appoints Dr Srinivasan Dwarakanath as CEO
(11 March 08:01 pm)
Airbus is grouping its activities in India through the creation of a fully owned subsidiary called Airbus India to manage the company’s significant Indian footprint spread across several sites.
India to slash Iran oil imports to meet nuclear deal parameters: Sources
(11 March 07:22 pm)
India has to cut its Iranian oil imports by nearly two-thirds from the first quarter after the United States asked it to hold the shipments at end-2013 levels.
Tier II and III cities auction NPA properties online
(11 March 07:05 pm)
The benefits of electronic auctions of banks’ non-performing asset properties have spread to tier-2 and tier-3 cities with over 50 per cent of e-auctions of NPA properties coming from smaller
Employers expect an optimistic second-quarter hiring pace: Survey
(11 March 07:00 pm)
A survey of employers across the country indicates that they anticipate a vigorous hiring pace for the April-June time frame.
Sizeable financing gap for women entrepreneurs in India: IFC
(11 March 06:53 pm)
IFC, a member of the World Bank Group, has released a study that finds financial institutions meet only 27% of the financing demand of women-owned micro, small and medium enterprises in India.
Gold inches towards 4-month high as Ukraine spurs haven demand
(11 March 05:44 pm)
Gold today climbed toward a four-month high as the standoff between Russia and Ukraine spurred demand for a haven.
Rupee retreats from 7-month high as shares fall
(11 March 05:37 pm)
The rupee posted its first fall against the dollar in six sessions today, retreating from a seven-month high hit early in the session, after Reuters reported the government has put on hold plans to
Global poker group betting on India for security
(11 March 05:28 pm)
Casinos from Las Vegas to Macau might embed casino tokens and chips with \'non-clonable\' technology developed by a Pune company to prevent fraud.
Sensex ends 5-day rally on weak trade data; down by 108 points
(11 March 05:06 pm)
The BSE benchmark index sensex today receded from record high level losing 108 points on profit booking by investors after a five-day rally amid weak trade data.
Ashok Leyland launches AC truck in Kolkata
(11 March 05:03 pm)
Ashok Leyland, flagship of the Hinduja Group, launched new light commercial vehicle (LCV)— Partner in the city on Tuesday.
Gold, silver imports dip 71.4% to $1.63 billion in February
(11 March 03:18 pm)
Gold and silver imports declined 71.4 per cent to $1.63 billion in February mainly due to restrictions imposed by the government on inbound shipments of the yellow metal.
Unitech sells 10 acres of land for Rs 130 crore to repay debt
(11 March 03:07 pm)
Realty major Unitech has sold almost 10 acres of land in Bangalore and Mysore for about Rs 100-130 crore as part of its strategy to repay debt.
Sensex fails to hold gains; down 116 points in afternoon trade
(11 March 02:51 pm)
The benchmark BSE sensex failed to hold its initial gains and fell over 116 points at 2pm after the country\'s exports dipped 3.67 per cent in February amid profit-booking.
Exports dip 3.67% to $25.6 billion in February
(11 March 02:47 pm)
India\'s exports declined 3.67 per cent to USD 25.68 billion in February.
Nifty hits lifetime high of 6,562.85 on widespread buying
(11 March 12:12 pm)
The 50-issue NSE Nifty shot up by 25.60 points, or 0.39 per cent, to trade at an all-time high of 6,562.85, surpassing its previous intra-day high of 6,562.20 reached in Monday\'s trade.
Rupee up 15 paise against dollar in late morning trade
(11 March 11:39 am)
The rupee rose 15 paise to 60.70 against the American currency in late morning trade on Tuesday.
China to set up five private banks on trial basis
(11 March 11:07 am)
China will set up five private banks on a trial basis before the practice is extended to more places, the chief of the country\'s banking regulator said on Tuesday.
Sensex up 59 points in late morning trade
(11 March 10:38 am)
The benchmark S&P BSE Sensex rose 59 points in late morning trade on Tuesday on sustained buying, mainly in IT, power, banking, capital goods and technology stocks amid firm global cues.
Sensex up 67 points to again touch 22,000 level in early trade
(11 March 10:38 am)
Rising for the sixth straight session, the benchmark BSE Sensex gained over 67 points to trade over the 22,000 level in early trade on Tuesday on sustained fund inflows.
Rupee up 20 paise against dollar in early trade
(11 March 09:50 am)
The rupee strengthened by 20 paise to trade at over seven-month high of 60.65 against the US dollar on Tuesday on heavy capital inflows amid a higher opening in the equity market.
Fears of El Nino on rise, may spell woes for the economy
(11 March 09:33 am)
Snowfall in the middle of March; heavy showers in the drying-up phase of the monsoon; catastrophic floods before the rainy season; searing heat in parts of south India — extreme climate events seem
Luxury hotels hardsell suites to boost occupancy in slowdown
(11 March 09:22 am)
In the first nine months of this fiscal, Oberoi sold 35,000 more rooms than the same period last year when it sold some 3.3 lakh room nights.
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