APN News

  • Saturday, August, 2020| Today's Market | Current Time: 07:01:40
  • Crisil puts debt papers of 12 MFIs under rating watch

    Rating agency Crisil has placed debt instruments of 12 microfinance institutions, including SKS Microfinance, under rating watch which could adversely impact their future gradings, as an ordinance issued by Andhra Pradesh can damage their business models. Half of the 12 microfinance institutions (MFIs) mentioned by Crisil have currently a rating of below ‘BB’, which signifies […]

    Sensex up by 227 points on selective buying, Ireland and EU finalise bail out package

    The Bombay Stock Exchange benchmark Sensex spurted by over 227 points at midsession on Monday on brisk buying by investors in blue-chip stocks amid a firming Asian trend. The Sensex, which had plunged to two-month low in the previous week, bounced to record a gain of 227.20 points to 19,812.64 at 1230 hrs, backed by […]

    Martifer Solar & Silverado Power Announce One of the Largest N.American Solar Photovoltaic Power Purchase Agreements in 2010

    San Francisco : Martifer Solar and Silverado Power have signed Power Purchase Agreements with Southern California Edison for 113 MWp of solar PV projects. These joint-venture projects, slated for completion in 2013, are primarily in Los Angeles County, and are forecasted to supply clean power to thousands of homes via a 20 year contract with […]

    Sensex opens 170 pts high in morning trade

    The B S E benchmark Sensex on Monday opened over 170 points up on emergence of bargain buying by funds and investors in blue chip companies amid strong Asian cues. The 30-share index rose by 170.53 points or 0.87 per cent to 19,755.97 points with all the sectoral indices trading in the positive territory. The […]

    Sensex may plunge further on 2G, mkts to see selective buying

    Worst is not yet over for stock markets and Sensex may plunge further, amid concerns lingering over the 2G spectrum row and political uncertainty, but investors can go for selective value buying, say analysts. Deepened political crisis over the 2G spectrum row and banks’ exposure to real estate and micro-finance saw the bellwether Sensex plummeting […]

    Centre rejects WB proposal for JICA loan

    Concerned over the “alarming state of West Bengal’s debt burden”, the Centre has rejected the state’s proposal to seek funds for a nearly Rs 2,500 crore thermal power project from the Japan international Cooperation Agency (JICA), a senior state power ministry official said. “The project has now been kept in abeyance as the Centre feels […]

    Set Max, ESPN in race to draw advertisers for IPL, World Cup

    As India prepares for two mega cricket events — IPL and the World Cup– next year, the race between broadcasters Set Max and ESPN to rope in advertisers is hotting up. Despite the fact that a world cup tournament happens every four years only, the T-20 league is emerging as a favourite among media planners, […]

    CIL is India’s third most valued firm; mcap at Rs 2,09,671 cr

    State-run Coal India has become the third most powerful Indian company with a total market capitalisation (m-cap) of Rs 2,09,671.57 crore and is only lagging behind RIL and ONGC. The coal behemoth added another feather to its cap last week when it replaced IT giant Tata Consultancy Services (TCS) to become the country’s third most […]

    Govt favours different norms for PF investments in stocks

    The Finance Ministry is in favour of two contrasting norms when it comes to investing part of corpus with Employees Provident Fund (EPF) and Government Provident Fund (GPF) in stock markets. While it has ruled out investing any amount from Rs 83,000 crore corpus with GPF in the stock markets, the ministry is pitching for […]

    Janome Sewing the World’s Largest High Technology Domestic Sewing Machine CompanySigns Cooperation Agreement with Usha

    New Delhi : Usha International Limited (USHA), the largest Indian sewing machine company, with a market share of over 50% in the organized sector, has cemented its ties with Janome Sewing Machine Co Ltd. (JANOME) of Japan to bring the JOY of personal creativity to the region. This renewed relationship, through a 20 year cooperation […]