APN News

  • Monday, December, 2021| Today's Market | Current Time: 02:27:18
  • United, Continental Get U.S. Nod for Merger

    The U.S. Justice Department on Friday approved a merger between United Airlines and its rival Continental Airlines, a deal that would create the world’s largest carrier. “The department has closed its investigation into the proposed merger of UAL Corporation, the parent of United, and Continental,” the department said in a statement. “The proposed merger would […]

    India will achieve more than 8.5 percent growth this fiscal: FM

    Finance Minister Pranab Mukherjee is confident of India’s economy growing by more than 8.5 per cent this fiscal, despitepartial roll back of stimulus measures. Addressing heads of Indian Missions in New Delhi Mukherjee said the economy is likely to continue the high growth trajectory in the coming years as well. Explaining them how India coped […]

    Mexican Airlines goes bankrupt; suspends operations

    In Mexico, one of the biggest airlines, Mexicana de Aviacion, is to suspend all flights, three weeks after filing for bankruptcy protection. Transport Minister Juan Molinar said the airline’s operations would definitively cease by today. Mexicana had already axed some of its routes and had stopped selling tickets.The airline flew 220 routes to 65 destinations […]

    SEBI allows brokers to use internet

    The Securities and Exchange Board of India, SEBI, has allowed registered brokers providing internet based trading in shares, to use wireless technology including mobile phones and laptops. In a circular SEBI has said that the stock exchange should ensure that the broker complies with the requirements of secure access, encryption and security of communication.

    Russia opens Asia sea route

    Russia has opened a shortcut northern sea route from Europe to Asia across the Arctic, reasserting itself as the dominant power in the strategic mineral-rich region. A Russian tanker, escorted by powerful nuclear icebreakers, successfully skirted the icebound Arctic coastline of Russia with a load of gas condensate for China. The 114,564-tonne tanker Baltica is […]

    Gold Ends a Tad Higher, Weekly Gain 0.7 Percent

    Gold futures on the COMEX Division of the New York Mercantile Exchange closed a tad higher on Friday, after seesawing most of the session. The prices were caught between the rally in U.S. dollars and the macroeconomic jitters prompted by comments from U.S Federal Reserve Chairman Ben Bernanke. Silver advanced, but platinum ended moderately lower. […]

    BSE Sensex stands 68 points in red a short while ago

    The Sensex at the Bombay Stock Exchange fell 66 points, or 0.4 per cent, to 18,161 in opening trade today. Remaining subdued, the Sensex stood 68 points, or 0.4 per cent in the red, at 18,159, a short while ago. Key stock indices in Japan, China, Hong Kong, Singapore and South Korea were trading mixed […]

    IDBI Fortis Life Insurance is Now IDBI Federal Life Insurance

    Mumbai(Business Wire India): IDBI Fortis Life Insurance Co Ltd, in association with Federal Bank, has changed its name to IDBI Federal Life Insurance Co Ltd, in association with Ageas. The company has completed all legal formalities for change of name and has already obtained the approval of the Registrar of Companies and Insurance Regulatory and […]

    Nalco Opens New Corporate Office and Technical Support Center in India

    Pune: (Business Wire India): Nalco , providing essential expertise for water, energy and air, today opened a new corporate office and research and development facility in Pune, India. The $8.5 million, 60,000-square foot facility will serve as the headquarters for sales, marketing and supply chain operations for NLC Nalco India Ltd. as well as house […]

    Govt rules out ban on iron ore exports

    The Centre on Thursday rejected demand for ban on iron ore export, but said states need to take stringent steps to prevent illegal mining. “Merely because state governments are not able to prevent and stop illegal mining, we should not ban export of iron ore,” Mines Minister B K Handique said while replying to a […]