APN News

  • Wednesday, April, 2024| Today's Market | Current Time: 06:37:57

    • Business

    Economic growth may rebound from next fiscal: CII

    Economic growth may rebound from the next fiscal if government expedites its reform process, a survey by industry body CII has said. Pulled down by poor performance of farm, manufacturing and mining sectors, economic growth slowed to 4.8 per cent in the January-March quarter and fell to a decade’s low of 5 per cent for […]

    Business

    No decision yet on Air India’s fleet of Dreamliners: DGCA

    Aviation regulator DGCA said it was keeping a close watch on the probe into the recent fire incident and “mechanical” trouble in two Dreamliners at the London Heathrow airport and no decision has been taken on Air India’s fleet of these planes. “We are keeping a close watch in the investigations (at Heathrow). We will […]

    Business

    Outlook for Construction Sector Remains Negative: India Ratings

    Ind-Ra-Chennai-12 July 2013: India Ratings & Research (Ind-Ra) has maintained a negative outlook on the Indian construction sector for the second half of 2013 (H213). This is in view of the continued execution and liquidity challenges facing the sector, identified as major constraints in the beginning of the year. The impact of these challenges is […]

    Business

    LatentView strengthens India Foothold

    Chennai: LatentView, a pure-play business analytics solutions provider today announced its plans to strengthen its presence in India by ramping up operations and inaugurating its ‘Analytics Center of Excellence’. The 50,000 sq. ft center, called ‘Gravity’, will be the primary office for LatentView’s global operations. Ranked as India’s 12th fastest growing ‘Technology Company in Deloitte […]

    Business

    Daikin India raises HVAC product prices by 3 – 5% across all categories

    New Delhi: Daikin Air-conditioning India Pvt. Ltd., a 100% subsidiary of Daikin Industries Ltd., Japan, has announced a 3 – 5% increase in prices across all its product range in the residential and commercial HVAC categories. The increase in prices which will be effective from 1st August, 2013 onwards is due to the ascending U.S. […]

    Currency

    Rupee down 18 paise against dollar in early trade

    The rupee on Friday lost 18 paise to 59.85 against the dollar in early trade on the Interbank Foreign Exchange due to appreciation of the US currency against the euro and yen overseas. Forex dealers said increased demand for the dollar from importers also put pressure on the rupee. The rupee had closed two paise […]

    Stock & Share

    Sensex up 229 points in early trade; Infosys surges 13.21 pc

    The BSE benchmark Sensex on Friday rallied by nearly 229 points to hit a fresh six-week high in early trade, mainly led by gains in IT stocks after Infosys posted better-than-expected first quarter earnings. Besides, a firming trend in the global markets also buoyed the trading sentiment here. The 30-share index, which had gained 381.94 […]

    Stock & Share

    Sensex zooms to 6-wk high; up 382 pts

    Tracking strong global cues, the BSE benchmark Sensex on Thursday shot up by a whopping 382 points to close at near six-week highs led by a rally in bluechips, buoyed by US Federal Reserve Chief Ben Bernanke’s comments on continuing monetary stimulus. The 30-share index started the day on a high note at 19,584.38 and […]

    Business

    Great opportunity for India, US to work together: Chidambaram

    Making a passionate plea to the US and Indian businesses to work together for a prosperous society, Finance Minister P Chidambaram asked businesses of both the countries not to bring their business on the political table. Delivering the key note address at the 38th annual Leadership Summit of the US India Business Council (USIBC), Chidambaram […]

    Business

    STFC to raise Rs. 750 cr through Secured Non Convertible Debentures

    Shriram Transport Finance Company Limited (STFC), the largest asset financing NBFC in India, plans to enter the debt capital market on July 16, 2013 with a public issue of Secured Non Convertible Debentures (NCDs) of face value of Rs. 1,000 each. The NCD issue aggregating upto Rs.37,500 lacs with an option to retain over-subscription up […]

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