APN News

  • Tuesday, November, 2019| Today's Market | Current Time: 07:04:10
  • Exporters, industry pleased with sops in trade policy

    Up against weak recovery in major markets, exporters and the industry welcomed incentives worth Rs 1,052 crore, stating the steps in the annual review of the Foreign Trade Policy will help India achieve the export target of USD 200 bn this fiscal. In order to give immediate relief, a bonus incentive (over and above the […]

    NSE CHANGES IN INDICES

    INDIA INDEX SERVICES & PRODUCTS LIMITED (IISL) (A joint venture of NSE & CRISIL) The Index Maintenance Sub-Committee has decided to make the following changes in various indices during its periodic review. These changes shall become effective from October 1, 2010. (1)          S&P CNX Nifty Index The following companies are being excluded: Sr. No.  Company […]

    ‘I am always in quest of innovative endeavors’

    K  Balachandran Nair, the indomitable chairman and managing director of Universal Empire Group, is a natural-born mentor and a doggedly determined achiever.  Mr. Nair is certainly among the most reverentially talked about and regarded-with-awe business leaders. This Kerala born mogul is one who thinks big and talks straight.  In a candid talk with our Chief […]

    Tripura thermal power project to be operational in 2012:ONGC

    The much-awaited 726.6 MW gas- based thermal power project at Palatana in Tripura’s South District would be operational by March 2012, ONGC Chairman R S Sharma said on Saturday. “All efforts have been taken by ONGC for timely achievement of gas supply commitments, which would be operational by March 2012,” Sharma told reporters in Agartala. […]

    Sensex ignores global blues to extend gains; banks on a roll

    Ignoring a weak global trend, relentless buying by foreign funds coupled with fall in inflation and rise in exports for the ninth month in a row boosted the market sentiment and kept the BSE Sensex well above the 18,000 level despite heavy selling by domestic funds. Persistent buying by foreign funds amidst softening food inflation […]

    Oil Slides as Equities Drop, Dollar Strengthens

    Oil prices continued to slide on Friday as a sell-off in stocks and a strengthening dollar weighed on the energy commodities. The U.S. Economic Cycle Research Institute said on Friday that its index for future economic growth fell to a 3-week low last week. Stocks remained weak with very light trading volume. Fears about a […]

    Philips to Sell LCD TV Business to TPV

    Dutch electronics giant Royal Philips Electronics plans to sell its LCD TV business in the Chinese market to Admiral Holdings Ltd, a wholly owned subsidiary of Hong Kong-listed TPV Technology Limited, according to an announcement issued by TPV on Thursday. The two companies reached a letter of intention on the same day, under which TPV […]

    Nikon targets 5% business in India in next three years

    SHILLONG: Imaging technology giant Nikon on Friday said it was targeting 1800 retail outlets for in-store branding in India. “Nikon is targeting 1800 retail outlets for in-store branding along with the plan to hire 200 as store promoters in the current financial year. The company has already set up more than fifty D-SLR and COOLPIX […]

    Gold May Advance as Concern Economic Recovery May Falter Boosting Demand By Sangeeth C Cherian

    Gold, little changed, may extend gains after jumping to a seven-week high yesterday as concern that the global economic recovery may falter spurs demand for bullion as a store of wealth. Bullion is headed for a third weekly advance and gold exchange-traded fund holdings in the past two weeks pared some of the decline from […]

    HP’s Quarterly Profit up 6 Percent

    Hewlett-Packard Co. (HP)  reported that its profit rose 6 percent in the most recent quarter thanks to robust sales of servers and personal computers. In its third fiscal quarter ended on July 31, HP’s net income reached 1.8 billion U.S. dollars, compared with 1.7 billion dollars in the same period a year earlier. Revenue in […]