APN News

  • Friday, April, 2024| Today's Market | Current Time: 12:21:02
  • ArcelorMittal scraps $12 bn steel plant project in Odisha

    World’s largest steel maker ArcelorMittal has scrapped its 12 billion dollar steel plant project in Odisha over what it called inordinate delays, problems in acquiring land and securing iron ore linkages.   The development comes just a day after South Korean steel major Posco pulled out of its 30,000-crore rupee steel mill in Karnataka and […]

    Sebi gets more powers for ponzi crackdown, effective execution

    Giving Sebi more teeth to take on ponzi operators and others defrauding investors, government decided to arm the market regulator with direct powers to conduct search and seizure operations, attach properties and access call data records of suspected defaulters. A proposal to amend the Sebt Act and other relevant regulations was approved by the Union […]

    Sensex regains 20k level; up 104 points in early trade

    The BSE benchmark Sensex on Thursday regained the 20,000-level by rising over 104 points in early trade on increased buying by funds in healthcare, realty, capital goods and banking stocks amid a mixed Asian trend. The 30-share barometer rose by 104.12 points, or 0.52 per cent, to trade above 20,000 points level at 20,052.85. The […]

    SC ticks off Sahara for not refunding Rs 24,000 crore

    The Supreme Court pulled up the Sahara group for not refunding Rs 24,000 crore to investors and said that its chief Subrata Roy and directors of its two companies will have to appear before it, if its order is not complied with. A bench of justices K S Radhakrishnan and J S Khehar also came […]

    eDreams Edusoft raises $2 million from Inventus Capital Partners

    With 3 years of research in artificial intelligence and education pedagogy behind it, eDreams Edusoft, a leader in the personalized education technology space, is looking to significantly expand its portfolio to newer geographies. As part of its expansion plans, the company has raised US $ 2m in its second round of funding led by Inventus […]

    SalesPanda.com Launches Lead Exchange Platform for Tech Marketers

    Mumbai : Generating more and high quality incoming leads is one of the biggest challenges for technology marketers today. www.salespanda.com is launched in view to provide a unique social selling platform across all technological circuit for mutual business benefits. Through this platform technology sellers across the industry can share their ‘extra’ business leads that are […]

    Domestic gas production unviable at prevailing rates: Veerappa Moily

    Defending the government decision of doubling the price of gas from Reliance Industries’ KG basin, Oil Minister M Veerappa Moily said that domestic production is unviable at the prevailing price. “Approximately 3 trillion cubic ft of gas reserves are lying to be exploited which cannot be monetised if the gas price remains at the present […]

    Sensex up 98 points on FDI liberalisation

    The BSE benchmark Sensex rose on Wednesday, by nearly 98 points led by gains in bluechips, including HUL, NTPC and Wipro, buoyed by government’s decision to liberalise FDI norms in a dozen sectors. The 30-share index started the day on a firm footing at 19,970.02, higher by 118 points from Tuesday’s close. It, however, erased […]

    Larsen & Toubro bags major project in Oman

    L&T bags Rs 2,085-crore contract for Oman Expressway Indian Construction giant ,Larsen &Toubro has bagged a major project in Oman.   It has been awarded a contract worth Rs 2,085-crore from the Oman Ministry of transport and communication for the construction of the Al-Batinah Expressway Package 4.The project is expected to be completed in 36 […]

    China will see 7.5 % growth; no need for bailout: Li Keqiang

    As Chinese economy continues its downward trend, Chinese Premier Li Keqiang expressed confidence that the 7.5 percent growth target for this year would be achieved without any massive bailout package to halt the slide. China is capable of achieving its growth target of 7.5 percent this year without a massive stimulus program similar to the […]