APN News

  • Friday, April, 2024| Today's Market | Current Time: 09:12:41
  • Government to get $2 Billion says Oil Ministry, rejects Kejriwal’s claims on RIL

    The Oil Ministry has criticized Delhi Chief Minister Arvind Kejriwal’s claim that the gas price hike will benefit Reliance Industries Limited (RIL). The Ministry has also stated that the primary beneficiary of the revised gas price will be the Indian Government and in turn, the people as the Centre stands to get US$ 2.08 Billion […]

    Moily says no norms compromised in granting environmental nods

    Environment Minister M Veerappa Moily on Friday said he followed all rules and did not compromise on any norm in granting forest and environment clearance to a host of projects since taking over one and a half months back. “I have not cleared even a single file where it has not been legally processed. Whatever […]

    Sensex spurts 173 pts on fag-end buying as inflation eases

    Ahead of the general budget, the Sensex on Friday spurted 173 points — its biggest rise in a month — on fag-end buying triggered by global cues and firming rate cut hopes after wholesale inflation fell to a seven-month low. Staging a recovery after Thursday’s 255-point drop, the Sensex resumed higher at 20,265.13, rebounding from […]

    Moily says no going back on gas price hike decision

    Coming down heavily against Delhi Chief Minister Arvind Kejriwal for ordering an “unconstitutional” FIR against him and others for raising gas prices, Oil Minister M Veerappa Moily said the government will not go back on its decision to hike rates from 1st April. “Where is the question of stalling or stopping anything. It (the decision […]

    Vodafone, Airtel win spectrum; Govt gets Rs 61,162 crore

    Vodafone Group and Bharti Airtel won critical wireless telecom spectrum in metros like Delhi and Mumbai and several other cities in an intensely fought 10- day auction that gave the government over Rs 61,162 crore, far exceeding its own target. Mukesh Ambani’s Reliance Jio Infocomm, which surprised by entering the fray despite owing pan-India 4G […]

    SEBI clears new corporate governance norms; mutual fund policy

    To exhort listed companies and their top executives to follow ‘good business practices’, regulator SEBI has cleared new corporate governance norms that require them to justify CEO salaries, put in place whistle-blower policies and have orderly succession plans. The new norms were cleared by the SEBI board in New Delhi on Thursday and the relevant […]

    Sensex down 255 pts, drops most in 10 days; CIL, Cipla tank

    The benchmark Sensex on Thursday slid 255 points, its biggest fall in ten days, dragged down by earnings-related disappointments in bluechips like Cipla and Coal India, amid a weak trend in global markets. The BSE index, which had gained 114 points in last two sessions, plunged 255.14 points, or 1.25 percent, to end at 20,193.35. […]

    ibiboGroup secures a stake in Nasper’s global payments business :PayU global

    New Delhi: ibiboGroup, the e-commerce company that owns online travel platforms such as Goibibo.com, redBus.in, Travelboutique Online (51% stake) and mobile marketplace, Tradus.com, has exchanged its payments business (PayU India) for a stake in Naspers’ global payments business, PayU global. This forms part of a consolidation process of the various Naspers’ payments businesses across the […]

    Unbxd to participate in India’s largest eCommerce Event ‘eTailing India Mumbai Expo 2014’

    New Delhi: Unbxd, a leading provider of ecommerce product discovery software, announced its participation in eTailing India Mumbai Expo 2014. India’s largest eCommerce Event would be held in Mumbai from February 27 to March 1, 2014. Mr. Pavan Sondur, Co-Founder and CEO at Unbxd will be part of the panel of speakers and will discuss […]

    Finolex Cables Ltd Results

    Pune : Finolex Cables Ltd., (FCL) at the meeting of its Board of Directors held today approved results for the third quarter of the financial year 2013-14. Net Sales for the quarter ended December 31st 2013 were Rs 5575.5 million as against Rs 5280.7 million for the corresponding period in year 2012-13. In value terms […]