Business news

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Honda Activa 125 Prices Revealed, Bookings Open; What We Know So Far

The dealers of the company in India have started accepting the booking for Honda's next Activa offering with an advance payment of ₹5000

Apr 2, 2014

Honda Cars Posts Highest Ever Monthly Sales; Registers 83 Percent Increase in March

Honda Cars India registered the company's highest ever monthly sales in March, 2014, recording 83.4 per cent increase in its domestic sales at 18,426 units.

Apr 2, 2014

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BSE closes points 60.17 up on April 1

New Delhi, April 1 (ANI): Trading at the Bombay Stock Exchange today closed 60.17 points up to stand at 22,446.44. At the National Stock Exchange the Nifty closed 16.85 points up to stand at 6,721.05. Gitanjali Gems and Godrej Consumer Products Ltd. were among the top gainers of Group A with an increase of 6.87% and 5.91% along with Aurobindo Pharma Ltd. and TV18 Broadcast with an increase of 5.37% and 5.30% respectively, while the top losers of Group A include Aurobindo Pharma Ltd. and Siemens with a decrease of 4.41% and 4.24% along with Sobha Developers Ltd. and Ashok Leyland with a decrease of 4.12% and 4.01% at the close of the markets. The Auto sector is up 14.51 points at 13,294.78 while the banking sector is down 157.79 points at 14,414.67 and the realty sector is down 12.29 points at 1,456.11. The Indian currency is down 0.04% at Rs 60.06 per dollar.

Apr 1, 2014

Vespa Super-Premium Scooter 946 India Debut in June

Italian two wheeler makers Piaggio's Vespa 946 will reportedly hit the domestic market by June 2014, claim the new reports.

Apr 1, 2014

CEO Stole $7 Million from Company to Fund Luxury Lifestyle; Where Did He Spend All the Money?

The former CEO of a London-based training company has been slapped with a lawsuit for embezzling more than $7 million from the firm to fund his luxury lifestyle.

Apr 1, 2014

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Maruti Suzuki India Posts 5.5 Percent Decline in March Sales

Maruti Suzuki, country's largest car maker posted 5.5 per cent decline in total sales for the month of March.

Apr 1, 2014

Tata Nano Plus Spied Testing in India Again; Hints at Imminent Launch

Tata, the maker of the world's cheapest car Nano is believed to be getting ready for yet another launch in the country. Tata's much rumoured Nano Plus has been spied testing in India again, suggesting the imminent launch of the car in the domestic market.

Apr 1, 2014

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RBI Credit Policy: Repo rate unchanged at 8%, reverse repo rate at 7%, CRR unchanged at 4%

Mumbai, April 01 (ANI): The Reserve Bank of India (RBI) Governor Raghuram Rajan on Tuesday held a press conference on the RBI credit policy wherein he held the Repo rate steady at 8 per cent, reverse repo rate at 7%, and CRR unchanged at 4% in line with expectations of the stock market.

Apr 1, 2014

Ford EcoSport Becomes India's Most Awarded Car

American auto Major Ford's much acclaimed SUV EcoSport has been crowned as the most awarded car in India.

Apr 1, 2014

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BSE closes points 50.39 up on March 31

New Delhi, March 31 (ANI): Trading at the Bombay Stock Exchange today closed 50.39 points up to stand at 222390.36. At the National Stock Exchange the Nifty closed 6.55 points up to stand at 6702.45. Unitech and Suzlon Energy were among the top gainers of Group A with an increase of 15.39% and 12.03% along with SAIL and Hindalco with an increase of 10.05% and 8.75% respectively, while the top losers of Group A include ONGC and IDFC with a decrease of 2.99% and 2.91% along with Dr Reddys Lab and Bajaj Holdings with a decrease of 2.52% and 2.32% at the close of the markets. The Auto sector is up 127.76 points at 13,255.29 while the banking sector is down 12.70 points at 14,572.46 and the realty sector is up 40.44 points at 1,468.4. The Indian currency is up 0.66% at Rs 59.91 per dollar.

Mar 31, 2014

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Sensex hits all time high for third session, market expert says political scenario responsible

Mumbai, March 31 (ANI): The Sensex hits fresh all time high for a third consecutive session on the back of strong dollar inflows and positive neighboring countries. Reacting on the same, Market Expert Sunil Shah said that the political scenario in the country and the expectations from the apparent upcoming NDA government post general elections. Shah said that FII is providing liquidity and a major amount of money is coming out from Russia which is finding its destination in India because of similar expectations by the next government.

Mar 31, 2014

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Musharraf's supporters demand his release to visit ailing mother in Pakistan

Karachi, March 31 (ANI): Dozens of supporters of former president of Pakistan, Pervez Musharraf staged protest in Karachi demanding his release to visit his sick mother in Sharjah hospital a day ahead of his appearance in a court in treason case. 95-year-old Zarin Musharraf, mother of the former military ruler, was admitted to the WW Wilson Hospital in Sharjah on Saturday. Musharraf has been summoned to a Special Court set up to try him in a treason case for imposing emergency in the country in 2007. Holding placards, the protesters chanted slogans supporting the former ruler. They held flags of Musharraf's All Pakistan Muslim League party who had organised the demonstration.

Mar 31, 2014