APN News

  • Tuesday, June, 2019| Today's Market | Current Time: 09:10:51
  • Yellow Metal jumped 213% in a Decade

    Gold is the safest for long term investment says SANGEETH C.CHERIAN The yellow metal has done extremely well in times of financial crisis: While stocks slumped 43% Through the 1970s gold bounded 73% higher. During the 1987 market crash gold held its value and gained over 4%. And as markets suffered from 2000 into 2002 […]

    LS passes Bill to replace Ulip Ordinance

    The Lower House of Parliament on Monday passed a Bill to replace the Ulip Ordinance that seeks to set up a joint mechanism to address the issues of jurisdiction between the financial sector watchdogs after the government assured that autonomy of existing sectoral regulators will not be diluted. The Securities and Insurance Laws (Amendment) and […]

    Mercedes-Benz India creates a new record in Indian luxury car market – achieves highest-ever monthly sales in July 2010

    Month of July 2010: Sold over 520 units and records growth of  over 80% over July 2009 (July 2009- 288 units) Strong demand for SUV’s with over 60 units sold in July 2010 alone vis-a-visa 140 units through the entire 2009 (January to December 2009) Dr. Wilfried Aulbur (Managing Director and CEO, Mercedes-Benz India): “Our […]

    Mauj Mobile gets exclusive distribution rights with leading music consortium

    Partners with INRECO, Hindusthan, Manorama Music, JS Audio, Vani & Audio Tracks Strengthening its musical & mobile content positioning in the country, Mauj Mobile, India’s leading content and mobile marketing services provider, today announced its partnership with country’s major music labels like INRECO, Hindusthan, Manorama Music, JS Audio, Vani and Audio Tracs. Having a pan-India […]

    Market Watch: Sensex may further advance and Investors can prefer BlueChips

    By Sangeeth C Cheriyan Equity market across the globe has been volatile since last one year. This condition has hardly helped the investor either to quit the market or book the profit. In such a scenario one needs to be so vigilant and wise in making decisions to buy or sell. True, the Indian stock […]

    Indiabulls bags prime NTC land in Mumbai for Rs 474 cr

    Financial and realty major Indiabulls Infratech on Saturday emerged as the auction winner of 2.39 acres of prime land belonging to NTC at Worli in Mumbai for Rs 474 crore, against the reserve price of Rs 250 crore. Indiabulls won the bid through an electronic auction conducted by National Textiles Corporation (NTC) for sale of land vacated […]

    BSNL reports 1st-ever loss of Rs 1,823cr; 100mn cellular users

    State-owned telecom firm BSNL on Saturday reported a net loss of Rs 1,823 crore for 2009-10 mainly due to payment of wage arrears for the past three years, as against Rs 575 crore net profit in the previous year. The company’s total revenues also plunged by over 10 percent during the year at Rs 32,045 […]

    Market Advice: Sensex to move up, invest in blue chips

    By Sangeeth C Cherian The equity market has been volatile since last one year. Perhaps this condition neither help the investor to quit the market nor book the profit, so one needs to be vigilant and wise on any decision of buying or selling. True, the Indian stock market was not doing well since last […]

    TRAI sees complete shift to digital broadcast signals by 2013

    Broadcast regulator TRAI on Friday said the media industry would see a complete shift to digital broadcast signals by December 2013. “We are forward-looking and pro-active on regulation on digitalisation. By 2013, the entire media industry will witness a major shift from analog to digital broadcast,” TRAI chairman JS Sarma said while addressing a conference […]

    Orissa govt resumes land acquisition for Posco project

    Orissa government on Friday resumed land acquisition at Posco’s proposed Rs 51,000 crore mega steel plant site near Paradip after a two-day halt to the process after facing stiff opposition from villagers. “We have distributed compensation to six betel farmers, who agreed to part with their betel vines today. In all eight betel vines have so far been […]