India's Swiss Gold Imports Cross ₹1.2 Lakh Crore in 2014; Illicit Funds Being Routed Back Through Bullion?
New Delhi, Jan 26 (ANI): Business leaders looked forward to better opportunities as the India-US CEO forum meet began at the Taj Palace Hotel in New Delhi on Monday. Godrej Group Chairman Adi Godrej said that the level of mutual investment & trade will rise tremendously between the two countries. Xpro India Chairman Siddharth Birla said that the communication between the two countries is a clearing logjam. HSBC Chief Naina Lal Kidwai said that the chemistry created by the top leaders between the two countries should be followed at the business level. India-US CEO forum meet is being attended by US President Barack Obama and Prime Minister Narendra Modi. Barack Obama and Narendra Modi will be interacting with dozens of executives from American and Indian companies.
Jan 26, 2015
Bengaluru, Jan 23 (ANI): Biocon Ltd would list its research services business arm Syngene by selling up to 15 percent stake in a public offer, the company said, after reporting third-quarter earnings on Friday (January 23). Biocon had previously said it planned to list Syngene but had not given a timeline. Late on Thursday (January 22), it said its board had approved starting the process of listing and hiring merchant bankers to sell 10-15 percent from Biocon's majority stake in the unit in the public offer. Separately, Biocon agreed with Gilead Sciences Inc to licence its chronic hepatitis-C product range, it said in a statement.
Jan 23, 2015
New Delhi, Jan 23 (ANI): Trading at the Bombay Stock Exchange today closed 272.82 points up to stand at 29,278.84. At the National Stock Exchange the Nifty closed 74.20 points up to stand at 8,835.60. SPARC and MAX were among the top gainers of Group A with an increase of 20.00% and 9.03% along with RTN POWER and ADANI ENTERPRISES LTD. with an increase of 8.79% and 7.92% respectively, while the top losers of Group A include IPCA LAB and POLARIS with a decrease of 8.62% and 6.73% along with SUZLON and PMCFIN with a decrease of 6.35% and 4.91% at the close of the markets. The Auto sector is up 278.97 points at 20,086.19 while the banking sector is up 179.20 points at 22,984.00 and the reality sector is up 23.14 points at 1,671.80. The Indian currency is down 0.22% at Rs 61.56 per dollar.
Jan 23, 2015
AI to Sell Assets to Prune ₹40k crore Debt; SpiceJet Receives Initial Approval for Revival, Shares Jump
- With 1,300 jobs on offer, India remains Amazon's jobs hot spot
- Etihad Airways to invest in debt-laden Jet Airways at discounted Rs 150 per share
- Sensex weekly gain at 378 pts; Reliance up 4.5% on day, Sun Pharma down 9%
- Sun Pharma shares tank 12% as whistleblower sends fresh complaint to Sebi
- Goyal family, Etihad at odds over Jet rescue plan