APN News

  • Wednesday, April, 2024| Today's Market | Current Time: 02:22:00

    • Stock & Share

    Sensex tumbles 290 points in early trade

    Mumbai : The BSE benchmark Sensex plunged nearly 290 points in early trade on Monday, extending losing streak for the fourth straight session, on sustained selling by funds amid a weak trend on other Asian bourses. The 30-share barometer, which had lost over 488 points in the last three sessions, plunged further by 289.85 points, […]

    Business

    Oil extends losses as eurozone voters reject austerity cuts

    Mumbai : Oil prices extended losses in Asian trade on Monday, as French and Greek election results stoked investor concerns over the eurozone debt crisis, while disappointing US economic data also weighed. New York’s main contract, West Texas Intermediate crude for delivery in June stayed below the psychological USD 100 threshold, falling USD 1.92 to […]

    Business

    Govt may consider waiving penalty in Vodafone-like cases

    Mumbai : The government may dilute the provisions to allow waiver of penalties on tax demands to be raised on Vodafone-like acquisitions involving domestic assets. “Adding a clause to allow waiver of penalty for deals which took place before April 1, 2012 is being considered by the government,” a senior Finance Ministry official said. Once […]

    Business

    CII terms TRAI recommendations on reserve price as high

    Mumbai : Extending support to telecom industry’s plea to review Trai recommendations, industry body CII has said reserve price for spectrum auction is extremely high and would hurt overall national interest, inclusive growth and will be detrimental to the growth of the industry. CII said it is of the view that at present juncture the […]

    Markets

    Top 7 Sensex firms lose over Rs 45K cr in m-cap

    Mumbai : The combined market capitalisation (m-cap) of top seven Sensex companies declined Rs 45,013 crore last week, led by state-owned Coal India which saw the biggest drop in value. CIL’s value eroded by Rs 13,612 crore and stood at Rs 2,08,187 crore on Friday. After CIL, country’s largest lender State Bank of India took […]

    Business

    FIIs infuses Rs 876 cr in equities on hopes of GAAR revision

    Mumbai : Overseas investors infused Rs 876 crore into Indian equity markets in the first week of May on hopes the govt may review the General Anti Avoidance Rule (GAAR) provisions in coming days to address most of the concerns of FIIs, say experts. Foreign institutional investors (FIIs) had pulled out over Rs 1,100 crore […]

    Business

    India, South Africa trade can reach $15 bn by 2015: Patil

    South Africa : President Pratibha Patil said she is confident that trade between India and South Africa will reach USD 15 billion by 2015 as the two have become important trading partners. Patil and South African President Jacob Zuma appreciated businesses in both the countries for having reached the earlier target of USD 10 billion […]

    Breaking News Stock & Share

    Sensex dips below 17k after four months

    Mumbai : Falling for the third session in a row, the BSE benchmark Sensex on Friday closed 320 points down, slipping below the psychologically important 17,000 levels amid heavy selling by foreign funds due to fresh concerns over the Mauritius tax treaty review and a weak rupee. The 30-share Sensex, which had lost 168 points […]

    Business

    India reviewing tax treaty with Mauritius

    New Delhi : The government is considering a review of India’s tax treaty with Mauritius to raise inflows of Foreign Direct Investment through that country. In reply to a question in the Lok Sabha today, Minister of State for Finance S.S. Palanimanickam said a substantial percent of foreign investment in the country flows through Mauritius. […]

    Business

    Oil Min hikes penalty on RIL to USD 1.46-bn

    Mumbai: The Oil Ministry has hiked the penalty it wants to impose on Reliance Industries and its British partner BP plc for falling natural gas output from KG-D6 fields, by 18 per cent to USD 1.46 billion. The Ministry had previously wanted to disallow USD 1.235 billion expenditure that RIL had incurred on putting production […]

    APN NEWS

    About Us

    Sales and Marketing

    On Facebook

    On Twitter