Telecom regulator TRAI has imposed cumulative penalty of Rs 50 lakh on nine mobile operators for failing to meet quality of service benchmarks in the second quarter ended June 2013, official sources said. The regulator has imposed maximum penalty of Rs 14.5 lakh on state-run telecom company BSNL for failing to meet 13 quality of […]
To ensure greater efficacy in exercise of its new powers, market regulator Sebi’s board on Tuesday cleared new norms for its search and seizure operations, settlement proceedings, refund to investors and crackdown on illicit money-pooling schemes. The new norms also seek to ensure that sufficient safeguards are put in place to avoid any misuse of […]
Government of Karnataka and the NCDEX Spot Exchange Limited signed a shareholder agreement on 23rd December, 2013 for establishing a Special Purpose Vehicle for carrying on reforms in the agricultural market sector in the state. This is as a follow up to the Karnataka Agricultural Marketing Policy 2013 to bring about farmers’ friendly revolutionary reforms […]
Falling for the first time in three days, the Sensex slipped over 68 points on Tuesday in choppy trade as investors started unwinding their pending positions before the settlement in monthly equity derivatives. However, smallcap and midcap stocks outshone bluechips. The BSE Sensex, which had gained 392.41 in past two days, started on a positive […]
HDFC Mutual Fund acquired its smaller rival Morgan Stanley Mutual Fund running a total of eight schemes with assets worth Rs 3,290 crore, in a major consolidation exercise in the highly-dispersed sector. The deal comes at a time when market regulator Sebi has been favouring a consolidation in the mutual fund sector which has been […]
The benchmark S&P BSE Sensex on Tuesday advanced by another 19 points in morning trade, extending gains for the third consecutive session, on persistent buying by investors amid firm Asian cues. The Sensex resumed higher at 21,127.66 and improved further to 21,156.92 before quoting at 21,119.98 at 1030 hours, showing a modest gain of 18.95 […]
After rising nearly 130 points, the Sensex on Monday closed with a slender gain of 21.31 points on late selling in bluechips including Infosys, HDFC and TCS despite a firm trend in the global markets. In volatile trade, the BSE Sensex rose to day’s high of 21,207.89 but frittered away most gains to end at […]
The benchmark BSE Sensex rose by almost 105 points in early trade on Monday on sustained buying by funds and retail investors amid a firming trend in other Asian markets. Extending its rising streak for the second straight session, the 30-share index was up by 104.82 points, or 0.50 per cent, to 21,184.54 with all […]
Reposing their faith in Indian markets, foreign investors have made net inflows of a staggering amount of Rs 1.10 lakh cr (nearly USD 20 billion) in stocks here during 2013, while taking their cumulative investments in the country’s equity market to a record level of close to USD 150 billion. The final numbers for 2013 […]
Congress Vice President Rahul Gandhi’s speech touches the real issues being faced by the industry and investors can draw confidence from his talk, industry body CII said on Sunday. “His talk is comprehensive and touches real issues, which industry has been trying to grapple with in recent times. Gandhis talk is reflective of the fact […]
1. Home automation reimagined: SmartNode unveils game-changing smart living solutions
2. Sambarpot to Open Second Restaurant at Omaxe Chowk, Chandni Chowk
3. Magnolia Bakery Goes Mango: A Tropical Twist on Treats
4. Indulge in a Majestic Mother’s Day Brunch at JW Marriott Hotel Bengaluru
1. KAZO Expands Retail Footprint with Grand Opening of New Store at DLF Mall of India, Noida
4. Kaveri Unveils SS24 Collection: Paint Me a Picture – A Celebration of Art Through Fashion
1. Home automation reimagined: SmartNode unveils game-changing smart living solutions
2. Sambarpot to Open Second Restaurant at Omaxe Chowk, Chandni Chowk
3. Magnolia Bakery Goes Mango: A Tropical Twist on Treats
4. Indulge in a Majestic Mother’s Day Brunch at JW Marriott Hotel Bengaluru