APN News

  • Thursday, April, 2024| Today's Market | Current Time: 07:14:56
  • Sensex up 176 points in early trade; Infosys surges 12 pc

    The BSE benchmark Sensex on Friday rose by 176 points in early trade, mainly on the back of a rally in IT-sector stocks after Infosys posted “better-than-expected” third quarter earnings. Besides, a firming trend in the global markets also buoyed the trading sentiment in Mumbai. The 30-share index, which had lost nearly 80 points in […]

    American Express to cut 5,400 jobs, take charges in Q4

    American Express Co said it would cut about 5,400 jobs, mainly in its travel division, and would take about $600 million in after-tax charges in the fourth quarter, which will halve its net income for the period. The company said some of the cuts would be offset by new hiring but expects to reduce its […]

    Infosys Q3 net dips marginally to Rs 2,369 cr

    Infosys has reported a marginal drop of 0.12 per cent in net profit to Rs 2,369 crore for the third quarter ended 31st December, 2012. However, the revenues (including that of acquired Swiss firm Lodestone) for the reported quarter were up 12.1 per cent to Rs 10,424 crore from Rs 9,298 crore in the year-ago […]

    Central Bank of India receives ‘SECOND’ prize by Maharashtra state level banker comittee

    MAHARASHTRA STATE LEVEL BANKER COMITTEE (RAJBHASHA) has awarded Second prize to Central Bank of India for the best implementation of Official Language Policy of Govt. of India in the State of Maharashtra for the year 2011-12 in a function held on 8th January, 2013 at Jog Auditorium, Lokmangal, Head Office, Pune. In the grand function, […]

    Sensex falls 3 pts ahead of IIP data, Infosys result

    The BSE benchmark Sensex has closed three points down as investors refrained from creating fresh positions ahead of the release of factory output data and quarterly earnings season led by Infosys on Friday. The Sensex ended 3.04 points lower to 19,663.55. It touched the day’s high of 19,783.75. The index had lost 76 points in […]

    Govt approves Rs 12,200cr re-capitalization programme for Public Sector Banks

    The Union Cabinet has approved a 12,517 crore rupees re-capitalization programme for public sector banks. Briefing THE media, Finance Minister P Chidambaram said 9 or 10 public sector banks are to get the re-capitalization amount before the end of the current fiscal. He said the Cabinet has approved enhancement of unit assistance under the Indira […]

    Sensex recovers 103 pts; oil cos shares rally

    The BSE benchmark Sensex on Thursday gained nearly 103 points in early trade, mainly led by a rally in stocks of oil companies on hopes of a hike in fuel prices amid firm global cues. The 30-share barometer, which had lost 75.93 points on Wednesday, recovered by 102.53 points, or 0.52 percent, to 19,769.12 with […]

    New Secondary Packing Regulation for Track & Trace Solutions

    ACG Inspection, one of the leading providers of hi-tech vision inspection systems, expects a solid order pipeline going into the next year, following the news that Honourable High Court of Chennai ruled the case in favour of the Government of India, allowing for mandatory bar coding on secondary packing for export pharmaceutical products. Initially scheduled […]

    Muthoot Pappachan Group launches Housing Finance business

    Chennai : Muthoot Pappachan Group (MPG), on Friday announced their foray into the Housing Finance segment in Kerala targeting the lower middle & lower income group through their Company, Muthoot Housing Finance Company Limited (MHFCL). Considering the great need for housing loans in the state and particularly in the lower income segment, the Company plans […]

    VVS Laxman launches Kevin Power Solutions’ “Innovolt”

    Delhi: Kevin Power Solutions Ltd., a well known Inverter/UPS manufacturing company hosted a gala evening celebrating the launch of its brand, INNOVOLT by the brand ambassador VVS Laxman. Kevin power is India’s fastest growing inverter/UPS company and it already has its association with film star Govinda for their Brand KEVIN. Started in year 2005 with […]