Business news

Budget 2015: Prime Minister's Office Solicits Inputs from Economists

The Prime Minister's Principal Secretary has reached out to economists and help define and design the upcoming Budget

Feb 3, 2015

BSE closes points 60.68 down on Feb 2

New Delhi, Feb 2 (ANI): Trading at the Bombay Stock Exchange todayclosed 60.68 points down to stand at 29,122.27 at the National Stock Exchange the Nifty closed 7.40 points down to stand at 8,801.50.MONSANTO and FRL were among the top gainers of Group A with an increase of 13.15% and 12.53% along with DELTACORP and SPARC with an increase of 10.46% and 9.99% espectively, while the top losers of Group A include TVSMOTOR and ASIANPAINT with a decrease of 7.11% and 5.75% along with NAUKRI and MPHASIS with a decrease of 4.41% and 4.35% at the close of the markets. The Auto sector is up 91.64 points at 20,077.54, while the banking sector is up 66.58 points at 22,782.10 and the reality sector is up 4.32 points at 1,815.68.The Indian currency is down 0.03% at Rs 61.88 per dollar.

Feb 2, 2015

Govt to Opt for More PSU Stake Sale in Feb and March, Hopes to Raise ₹43,425 crore to Meet Disinvestment Target

The government is expected to see ONGC, IOC and NHPC share being sold in the next two months to help fund the fiscal deficit.

Jan 31, 2015

India to Commission 5-mt Underground Oil Storage Reserves by October

The Indian Government is expected to commission a 5 million tonne underground storage facility.

Jan 31, 2015

Fiscal Deficit Breaches Full-Year Target in December 2014

The fiscal deficit target was breached in end of December 2014. The government hopes that the disinvestment and mobile spectrum auction would provide the necessary funds to meet the 4.1% deficit target

Jan 31, 2015

Budget 2015: Indian Economy to Record 5.5% Growth in 2015, Says Report

A research report sees the Indian economy expanding by 5.5% in 2015, owing to the fall in crude oil prices and interest rates.

Jan 30, 2015

Play

BSE closes points 498.82 down on Jan 30

New Delhi, Jan 30 (ANI): Trading at the Bombay Stock Exchange today closed 498.82 points down to stand at 29,182.95. At the National Stock Exchange the Nifty closed 143.45 points down to stand at 8,808.90. HCC and HDIL were among the top gainers of Group A with an increase of 19.86% and 16.24% along with GMR INFRA and ADANI ENTERPRISES LTD. with an increase of 13.91% and 10.10% respectively, while the top losers of Group A include BANK OF BARODA and SPARC with a decrease of 11.08% and 6.40% along with INDIAN BANK and CANARA BANK with a decrease of 6.27% and 5.94% at the close of the markets. The Auto sector is down 245.19 points at 19,985.90, while the banking sector is down 737.58 points at 22,715.52 and the reality sector is up 38.55 points at 1,811.36. The Indian currency is down 0.18% at Rs 61.97 per dollar.

Jan 30, 2015

Coal India OFS Scrapes Through, Oversubscribed By 1.04 Times Minutes Before Closure

Retain investor segment saw just 42.5% subscription, while non-retail portion was oversubscribed by 1.2 times.

Jan 30, 2015

all-efforts-on-to-make-india-open-for-business-jayant-sinha

India Poised to Become $5 Trillion Economy by 2025: Jaitley Deputy

It's a great time to invest in India, according to him.

Jan 30, 2015

HCL Posts 28% Increase in Profits, Issues 1:1 Bonus Share; Shares Hit 52-week High

HCL Technologies saw employee strength cross one lakh mark; and declared interim dividend of ₹8 per share

Jan 30, 2015

SpiceJet Approves Transfer Of Maran's Entire Stake of 58.46% to Ajay Singh; Marans Out of Company's Board

Kalanithi Maran is to be allotted 37.5 lakh non-convertible cumulative redeemable preference shares

Jan 30, 2015

Tigerair Calls Off Passenger Swapping Agreement with SpiceJet

The Singapore-based low-cost air carrier cited unsatisfactory business outcome to terminate the one-year-old agreement.

Jan 29, 2015

Samsung Galaxy S5 4G-LTE model with Snapdragon 801 CPU to Debut in India Soon

Samsung's Q4 Net Up; Galaxy S6 Sales to Boost Revenues in 2015

Samsung Electronics posted net profit of approximately $4.88 billion on total revenues of approximately $48.11 billion

Jan 29, 2015

Zomato Acquires Turkish Restaurant Search Portal Mekanist; Seventh Acquisition in 6 Months

Zomato continues with its buying spree, picks up Turkey's Mekanist for an undisclosed sum, expanding its footprint in the bridge between Asia and Europe.

Jan 29, 2015

Play

BSE closes points 122.59 up on Jan 29

New Delhi, Jan 29 (ANI): Trading at the Bombay Stock Exchange today closed 122.59 points up to stand at 29,681.77. At the National Stock Exchange the Nifty closed 38.05 points up to stand at 8,952.35. HDIL and ARVIND were among the top gainers of Group A with an increase of 13.73% and 8.93% along with PRESTIGE and JET AIRWAYS with an increase of 8.58% and 7.57% respectively, while the top losers of Group A include ORIENT BANK and ALSTOM T&D INDIA LTD. with a decrease of 10.77% and 10.37% along with SPARC and GPPL with a decrease of 8.71% and 7.45% at the close of the markets. The Auto sector is up 39.33 points at 20,248.96, while the banking sector is up 9.72 points at 23,448.80 and the reality sector is up 53.98 points at 1,772.81. The Indian currency is up 0.46% at Rs 61.69 per dollar.

Jan 29, 2015

Prev 551 552 553 554 555 556 557 558 559 560 Next

IBTIMES TV

Redmi Note 7 smashing walnut is proof why it's the new-age Nokia 3310 [Watch]

57 minutes ago