The benchmark BSE Sensex rose over 70 points in early trade on Tuesday as funds and investors made fresh buying ahead of the RBI’s bi-monthly policy review. The 30-share barometer gained 70.89 points, or 0.29 per cent, to 24,755.74 with stocks of consumer durables, metals, IT, realty, oil and gas and power sectors leading the […]
R K Malhotra, Director (R&D) at Indian Oil Corp (IOC), has been given additional charge as Chairman of the nation’s largest company as appointment of a regular head has been delayed. R S Butola retired as Chairman of IOC on Saturday but the appointment of his successor B Ashok, who was selected by government […]
Jet fuel prices have been cut by 1.8 per cent and rates of non-subsidised cooking gas (LPG) by Rs 23.50 per cylinder after the rupee’s appreciation lowered import costs. The price of jet fuel, also known as aviation turbine fuel (ATF), at Delhi was cut by Rs 1,285.89 per kilolitre, or 1.81 per cent, to […]
State-run steel maker SAIL registered a growth rate of 11 per cent in sales at 1.06 million tonnes (MT) in May this year. The steel giant had registered sales at 0.96 MT in the same month last year. “Rise in exports was to the tune of 76 per cent on a y-o-y basis during the […]
The BSE benchmark index Sensex on Monday closed up by 467 points, posting its biggest single-day gain in past three weeks following massive buying by funds and retail investors mainly in banking, oil and capital goods stocks. The 30-share index started the session on strong footing and hit the day’s high of 24,709.09 points as […]
Extending early gains, BSE Sensex was trading over 355 points higher in the afternoon trade on Monday as foreign funds picked up Indian equities in line with firm trend in Asian markets. After a higher start at 24,308.40, the Sensex rose further to quote at 24,572.51, up 355.17 points, or 1.47 per cent, at 1215 […]
“GDP estimates for FY14 are at 4.7%. The positive news is that inventory levels have declined sharply in FY14 to 1.6% of GDP from 3.5% of GDP in FY11. Thus, a recovery in manufacturing sector as and when it happens augurs well for GDP growth pick-up. Interestingly, we are facing a similar predicament in FY15, […]
Railway Minister D V Sadananda Gowda on Saturday said he intended to bring major changes in the railway sector and he would focus on the ‘four S’- safety, service, security and speed. Prime Minister Narendra Modi has already proposed bringing in speed trains and bullet trains, he said. Gowda said his predecessor Mallikarjuna Khargee had […]
Reliance Industries on Saturday said the CAG comment that the company charged a rate in excess of the government approved price for its KG-D6 gas is part of a draft report which has not yet been finalised. In a statement, RIL said a report of the Comptroller and Auditor General of India (CAG) will come […]
Country’s second largest software services firm Infosys on Saturday said it is yet to take a decision on its next CEO and MD and the search process is still on. The remark from the Bangalore-based company comes in the wake of reports suggesting that Infosys’ search for the new CEO, who would succeed S D […]
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1. Top 5 Companies Offering WiFi-Enabled Curtain Motors for Ultimate Control
2. Yoga Therapist Ranjana Chhabra Announces 14-Day Face Yoga Workshop
3. Coca-Cola SLMG Appoints Costin Mandrea as CEO
4. Apparel Group’s R&B Unveils Festive Collection Across 109 Stores in GCC