APN News

  • Wednesday, August, 2020| Today's Market | Current Time: 12:48:17
  • Parl to take up new Cos Bill in November: MCA Secretary

    The government on Friday said the new Companies Bill, which seeks to modernise corporate laws, will be taken up for consideration in the Winter session of Parliament in November. “The Standing Committee has given its report. By the next session of Parliament we expect to table the amended bill after which it will go to […]

    IndiaMART.com Turns Spotlight on MSMEs

    New Delhi, India • Receives massive number of nominations for IndiaMART Leaders of Tomorrow Awards • Provides an apt platform to unique business ideas & success mantras of future business leaders Providing a perfect platform for Indian Micro, Small and Medium Enterprises (MSMEs) to showcase their strength, vigor and contribution to the economic growth, IndiaMART.com […]

    Gores Group Acquires Cosmopolis Mill from Weyerhaeuser

    The Gores Group  a leading Los Angeles-based private equity firm, today announced that it led an investor group that includes Dermot Smurfit, a paper and packaging industry veteran, in the acquisition of the Cosmopolis high purity cellulose mill from Weyerhaeuser Company (NYSE:WY). Terms of the transaction were not disclosed. “The Cosmopolis mill has a wonderful […]

    AeroThrust Jet Engine Repair Facility Bankruptcy Sale Completed

    AeroThrust Corporation, the largest US provider of jet engine maintenance, repair and overhaul services, was sold for $5 million to a group led by Miami-based Air-Capital Group, LLC. AeroThrust owners had filed for bankruptcy late in 2009. The sale occurred in a bankruptcy auction conducted by Heritage Global Partners, Hilco Industrial, and Counsel RB Capital, […]

    Sensex bounce back, up 197 points

    The Bombay Stock Exchange benchmark Sensex Friday opened higher by over 197 points on emergence of fund buying in realty, banking and capital goods stocks, coupled with a firming trend in other Asian markets. The 30-share index rose by 197.37 points, or 1.01 per cent, to 19,614.86 points in opening trade. The Sensex had lost […]

    RBI’s rate move is a step in right direction: Pranab

    The govt has said the Reserve Bank’s steps to raise short-term lending and borrowing rates while refraining from hiking the requirement for mandatory bank deposits will combat inflation without hurting growth. Finance Minister Pranab Mukherjee lauded RBI for raising short-term lending (repo) rate by 25 basis points to 6 percent and borrowing (reverse repo) rate […]

    RBI raises key rates to tame inflation

    Home, auto and corporate loans are likely to become expensive, with the RBI raising key short-term lending and borrowing rates by 0.25 and 0.50 percentage points, respectively, to combat inflation. In its maiden mid-quarterly monetary policy review on Thursday, the central bank upped repo, under which it lends short-term funds to banks, to six percent […]

    Paul Writer Launches India’s First Community for B2B Marketers

    Paul Writer today announced the launch of India’s first communitydedicated to B2B marketers at www.paulwriter.com Envisioned as a place that provides the B2B marketing community access to high-quality content, discussion, and research in a single location, the site has already garnered over 21000 views since going live for beta testing. “Our aim is to have PaulWriter.com […]

    RBI impact: loans to get costlier from next month, say bankers

    Home, auto and corporate loans are likely to become expensive from October, with bankers saying that interest rates may be hiked next month in response to the Reserve Bank raising policy rates to tame inflation. “In early October, interest rates could be revised and chances are there it could be revised upwards,” state-run Bank of […]

    Karur Vysya Bank Launches Travel Cards enabled by enStage Technology

    Bangalore, India : enStage, Inc., today announced the launch of Karur Vysya Bank’s travel cards enabled by enStage’s prepaid card platform. The Karur Vysya Bank’s Visa-branded travel cards are being offered in three currencies, US Dollars, Singapore Dollars, and the Euro. The travel card can be used at any point of sale merchant that accepts […]