APN News

  • Monday, August, 2020| Today's Market | Current Time: 05:32:58
  • India may miss USD 200 bn export target: Assocham

    Industry body Assocham has said that India may miss the USD 200 billion export target for 2010-11 due to sluggish demand in Europe, contrary to the government’s assertion of meeting the target. “India’s exports would be around USD 180 billion against the target level of USD 200 billion by the end 2010-2011,” Assocham Secretary General […]

    SBI mulling merger of associate banks

    State Bank of India (SBI) is considering the merger of all five of its remaining associate banks with itself, having amalgamated with two of them in the last two years. “It (merger of other associate banks) is in my mind, but we have to see,” SBI Chairman O P Bhatt said. “We have to check […]

    Wipro Joins With Oracle to Deliver Domain Solution for Industrial Manufacturing, Automotive and High Tech Industries

    Bangalore : Wipro Technologies the global Consulting, System Integration and Outsourcing business of Wipro Limited (NYSE:WIT), today announced an initiative with Oracle to jointly deliver a Warranty Management and Analytics solution for the Industrial Manufacturing, Automotive and High Tech industries. This combined solution will leverage Wipro’s deep industry expertise and Oracle’s Siebel CRM applications to […]

    Jagran Solutions bags 2 Awards at EEMAX 2010

    New Delhi: Jagran Solutions, India’s leading new age marketing agency that provides solutions for Brand Activation via Consumer Connect Strategies, has won two awards at EEMAX. EEMAX are the prestigious awards conferred by EEMA, the country’s only Event and Entertainment Management Association. EEMAX awards are a first of its kind endeavor to recognize and celebrate […]

    UK-based Weir Group Acquires BDK Engineering’s Valve Business

    New Delhi: The Weir Group PLC has agreed to acquire the valves business of BDK Engineering Industries Limited (“BDK”). Completion is conditional on tax clearance and is scheduled for early October 2010. The business had gross assets of £16.7m (INR 1.22bn) at 31 March 2010. BDK, a family owned business based in Hubli, Karnataka, India, […]

    Sensex falls at midsession on inflation concerns

    The Bombay Stock Exchange benchmark Sensex fell by over 28 points at midsession on Friday on profit booking triggered by reports of rise in food inflation. The 30-share index, which commenced the day higher by 78 points, fell back by 28.32 points to trade at 18,209.99 points at 1300 hrs as metal, oil and gas […]

    Rupee gains 7 Paisa against dollar in early trade

    The rupee Friday appreciated by 7 Paisa to Rs 46.65 a dollar at the Interbank Foreign Exchange market in early trade, on capital inflows by foreign funds. Dealers said fresh capital inflows into equities by foreign funds and firming Asian currencies against the dollar kept the rupee sentiment firm. The rupee had ended 8 Paisa […]

    Mercosur-India Tariff Deal to Be Extended in November: Minister

    Indian Industry and Commerce Minister Jyotiraditya Scindia said Thursday that India and Mercosur countries are discussing the possibility to expand an agreement on tariffs between his country and the South American bloc in November. “Teams from both sides have been meeting and we pledged to develop a list of new products to be included in […]

    Sensex up 78 pionts in the opening trade

    The Bombay Stock Exchange benchmark Sensex rose over 78 points in the opening trade Friday, extending its winning streak for the third straight session, led by buying by funds and retail investors, especially in technology stocks. The 30-share index, which had gained over 267 points in the previous two sessions, rose by 0.42 per cent […]

    World Bank to provide USD 1 billion to Pakistan

    The World Bank will increase its flood-related support to Pakistan to USD 1 billion from the previously announced USD 900 million. World Bank Group President Robert B Zoellick informed Pakistan’s Finance Minister Hafeez Shaikh about his decision and emphasised the Bank Group’s commitment to help Pakistan recover from the worst floods in its history “As […]