APN News

  • Saturday, October, 2021| Today's Market | Current Time: 06:26:37
  • Finance Experts Recognise Risks as Emerging Markets are Poised for Growth

    Bangalore: Experts discussed how markets in China, India and the Middle East are currently poised for economic growth whilst carefully emphasising the necessity to recognise the risks ahead at the CHIME Investment Summit 2010 held at the ITC Maratha in Mumbai on December 13th and 14th. These sentiments came across loud and clear through keynote […]

    Sensex moves up marginally as investors remain cautious

    In a volatile trade, the BSE benchmark Sensex on Monday ended with a moderate gain of 24 points as cautious investors restricted trade to selective buying and pulled back after reaching the 20,000 mark. The Bombay Stock Exchange benchmark Sensex, before closing with a gain of 24.03 points to 19,888.88, had regained 20,000 points level after […]

    SSTL to complete 20% stake sale to Russian Govt by Q1 in 2011

    Russian govt will complete the deal to pick up 20 percent stake for USD 600 million in Sistema Shyam telecom joint venture by first quarter of 2011, a top company official said. Sistema-Shyam (SSTL) JV was one of the nine new telecom operators who were given licences in 2008. SSTL is a joint venture between India’s […]

    Microsoft bullish on India’s efforts to move services online

    Microsoft has said it’s bullish on India, especially the government’s ongoing efforts to move services online. “The Indian government has a large-scale initiative for IT services,” said Microsoft Regional Technology Office (Asia Pacific) Head Michael Thatcher in Singapore on Monday. Speaking to PTI in Singapore, Thatcher pointed out the near 12 percent compounded aggregate growth rate for the industry […]

    Anaemic global recovery puts squeeze on FDI flows

    India received less foreign direct investment in 2010 than the previous year, courtesy a modest recovery in the global economy which reduced the risk and expansion appetite of corporates across the world. Foreign Direct Investment (FDI) inflows into the country between January-October this year aggregated USD 17.37 billion, compared to USD 23.8 billion in the corresponding […]

    Sensex erase early losses in midsession led by auto, IT

    Erasing early losses, the BSE benchmark Sensex gained over 57 points at midsession on Monday on emergence of buying in bluechips, led by auto and information technology sectors. The Sensex, which had lost almost 100 points at the outset, bounced back to trade higher by 57.39 points to 19,922.24 at 1300 hrs. Similarly, the broad-based […]

    Anil Agarwal ‘s Vedanta PLC in talks to buy Cairn India for $8.48 billion

    New Delhi : Last october 8, shareholds of cair energy PLC a major oil explorer today approved plans to sell the company’s stack in bulk amount to vedanta resources plc. The estimated price for the sale is calculated to $8.48 billion. Vedanta resources plc is a london listed mining company. The sale was unanimously approved […]

    Gold, silver prices recover on global cues

    Both the precious metals recovered at the bullion market in Mumbai on Saturday on fresh buying by stockists and jewellers following a rebound in global markets. Standard gold (99.5 per cent purity) moved up by Rs 25 per 10 grams to end at Rs 20,405 from overnight closing level of Rs 20,380. Pure gold (99.9 per […]

    Sensex bounces back by 356 pts on rise in IT & metal counters

    The BSE benchmark Sensex recovered by 356 points this week to end at 19,864.85, following rise in IT and metal counters on the back of easy liquidity measures announced by RBI coupled with hectic shortcovering amid higher global advices. The Reserve Bank of India (RBI) announced measures to ease liquidity in the banking system, while […]

    Russia Launches World’s 1st Nuclear Fuel Bank

    The world’s first nuclear fuel bank of low enriched uranium (LEU) was officially launched in Russia on Friday, which aspiring nations could use for nuclear reactors instead of making it themselves. “The LEU Reserve would be made available for back-up supply to any eligible IAEA member state that might face a non-commercial disruption of supply […]