APN News

  • Thursday, March, 2024| Today's Market | Current Time: 07:53:20
  • The 57th National garment fair inaugurated

    Mumbai : Last textile policy was declared in 2000. Thereafter, lots of developments have taken place in the Textile Industry and new sectors like technical textile have emerged. So, the Govt. has appointed National Manufacturing Competitiveness Council (NMCC) under the chairmanship of Mr. Ajay Shankar. The first meeting of this committee will be taking place […]

    Dena bank’s 17th annual general meeting held in Mumbai

      Dena Bank, India’s ‘Trusted Family Bank’, has announced that the Total Business of the Bank as on 31st March 2013 stood at Rs. 1,63,664  crore, up 21.84% (Rs. 29,338 crore) as compared to Rs. 1,34,326 crore as on 31st March 2012. The Net Profit of the Bank for FY 2013 increased to Rs. 810.38 […]

    Tata, Ambani, Birla in race for bank licence

    Tata Sons, India’s biggest business group, and firms controlled by billionaires Anil Ambani and Kumar Mangalam Birla are among the 26 companies that have applied for a licence to open banks. Ambani’s Reliance Capital has applied for a banking licence along with Japan’s biggest life insurer Nippon Life Insurance Co and Sumitomo Mitsui Trust Holdings […]

    Sensex down 48 points in early trade on profit-booking

    The BSE benchmark Sensex on Tuesday fell by over 48 points in early trade as funds and retail investors booked profits after recent gains, amid a mixed trend on other Asian bourses. The 30-share barometer declined by 48.08 points, or 0.24 percent, to 19,529.31. The index had gained 1,025.27 points in the previous three sessions. […]

    RBI receives 26 applications for new bank licenses

    RBI has received 26 applications for new bank licenses. After the deadline for receipt of entries closed today, RBI has declared names of all the public and private companies that have applied for licenses. Some of the prominent names that figure in the list are of TATA Sons Limited, Indiabulls Housing Finance Limited, J M […]

    Growth in eight core infra industries slips to 2.3% in May

    Reflecting slowdown in the economy, growth rate of eight core infrastructure industries slipped to 2.3 pc in May mainly due to declining output of crude oil, coal, fertiliser and natural gas. The core industries had expanded at a rate of 7.2 percent in the same period last year. Cumulatively, in April-May 2013-14, the eight core […]

    Financing high CAD year after year a challenge: Chidambaram

    Finance Min P Chidambaram has said that financing current account deficit (CAD) year after year is a challenge and the only way to deal with the problem is by increasing exports. “The more difficult task is to finance the CAD. It was not even in vocabulary of discourse until a few years ago. It has […]

    Maruti, Toyota, Tata Motors report decline in June sales

    Car sales in India appear to be heading for a record eighth consecutive month of decline with major firms, including Maruti Suzuki, Tata Motors, Toyota and General Motors, reporting drop in June as economic slowdown and low consumer sentiments continue to affect demand. Honda Cars India, however, posted over 3-fold jump in June sales on […]

    Hero Motocorp makes equity investment in an Overseas firm

    Bangalore : In keeping with its aggressive plans for fast global expansion, Hero MotoCorp Ltd (HMCL), the world’s largest two-wheeler manufacturer, today announced its first-ever equity partnership in an overseas company. Hero MotoCorp, which is targeting to achieve annual sales of 10 million units in the next few years, is investing US$25 million for a […]