APN News

  • Saturday, April, 2024| Today's Market | Current Time: 07:57:49
  • 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 […]

    RBI opens Rs 25,000 cr window to help mutual fund industry

    The Reserve Bank opened a special borrowing window of Rs 25,000 crore to help the crisis-ridden mutual funds tide over liquidity problems. As a “contingency measure”, RBI has decided to conduct a special 3-day repo auction under which banks would be encouraged to raise funds totalling Rs 25,000 crore at 10.25 per cent for onlending […]

    CBEC to target 12 lakh non-filers of service tax

    In a stern message to indirect tax evaders, Finance Minister P Chidambaram on Wednesday said the Revenue Department will target 12 lakh service tax assessees who have stopped filing returns. “We are targeting 12 lakh non-filers and stop-filers of service tax,” he said after inaugurating the 28th conference of chief commissioners and director generals of […]

    2G: Order on July 19 on CBI’s plea to make Anil Ambani witness

    A Delhi court on Wednesday reserved for 19th July its order on the CBI’s plea seeking to summon Reliance ADA Group Chairman Anil Ambani, his wife Tina Ambani and others as prosecution witnesses in the 2G spectrum case. “Arguments heard. Put up for order on July 19,” Special CBI Judge O P Saini said after […]

    RBI extends deadline for clearing non-CTS cheques till Dec 31

    In view of the large volume of ‘non-CTS-2010’ format cheques still in circulation, RBI has extended the deadline for clearing such cheques till 31st December this year. Advising banks to further continue their efforts to withdraw non-CTS-2010 cheques, RBI said new clearing arrangements will come into effect from 1st of January next year. In a […]