Business news

BSE closes points 480.92 up on September 18

New Delhi, Sept 18 (ANI): Trading at the Bombay Stock Exchange today closed 480.92 points up to stand at 27,112.21. At the National Stock Exchange the Nifty closed 139.25 points up to stand at 8,114.75. UNITECH and HDIL were among the top gainers of Group A with an increase of 13.94% and 9.36% along with INDHOTEL and ADANIPOWER with an increase of 9.13% and 7.22% respectively, while the top losers of Group A include BRITANNIA and BHUSHAN STEEL LTD. with a decrease of 2.35% and 1.88% along with GMDCLTD and INFOSYS LTD. with a decrease of 1.36% and 1.35% at the close of the markets. The Auto sector is up 474.62 points at 18,221.49 while the banking sector is up 358.20 points at 18,488.77 and the reality sector is up 79.40 points at 1,788.61. The Indian currency is up 0.02% at Rs 60.94 per dollar.

Sep 18, 2014

De Beers Warns of Rise in Price as Diamonds Become Even Rarer

Global diamond sales stood at $79 billion (₹4.7 lakh crore) in 2013 rising 3% compared to 2012.

Sep 18, 2014

Apollo Hospitals to Acquire Hyderabad-based Hetero Pharmacy

Hetero Pharmacy owns 250 outlets across Andhra Pradesh, Telangana and Tamil Nadu.

Sep 17, 2014

'Ache Din' for Modi's Friend: Adani Enters List of Top 10 Richest Indians

Gautam Adani is nation's largest private coal trader and also manages India's largest port in Mundra

Sep 17, 2014

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BSE closes points 138.78 up on September 17

New Delhi, Sept 17 (ANI): Trading at the Bombay Stock Exchange today closed 138.78 points up to stand at 26,631.29. At the National Stock Exchange the Nifty closed 42.60 points up to stand at 7,975.50. NATIONALUM and ABB were among the top gainers of Group A with an increase of 7.35% and 6.18% along with PIPAVAV DEFENCE AND OFFSHORE ENG LTD. and BAJAJ FINSERV LTD. with an increase of 4.14% and 4.13% respectively, while the top losers of Group A include RCOM and SHRIRAM CITY UNION FINANCE LTD. with a decrease of 4.02% and 4.00% along with IRB and INDHOTEL with a decrease of 3.71% and 3.44% at the close of the markets. The Auto sector is up 178.74 points at 17,746.87 while the banking sector is down 7.73 points at 18,130.57 and the reality sector is up 8.62 points at 1,709.21. The Indian currency is down 0.17% at Rs 60.95 per dollar.

Sep 17, 2014

How Scottish Independence Could Affect Scotch Prices

If Scotland succeeds in winning the elections against UK, their Whiskey exports to India could become costlier

Sep 17, 2014

Govt to Deregulate Diesel after State Polls, Oil Companies Make Hay

By holding the prices, state oil companies will make huge amount of profits.

Sep 16, 2014

Govt May Shut Down Loss-Making PSUs Like ONGC, Air India and BSNL

Cabinet secretary Ajit Seth meets top officials to decide the fate of ten worst-performing units

Sep 16, 2014

Dogecoins Climbs as First US Bitcoin Swap Gets Approval

Experts opine that this sudden boost is short-lived.

Sep 16, 2014

2015 New Year Sale: SpiceJet Offers Tickets for ₹699

The SpiceJet sale offer is valid on domestic flights and would be available till 18 September midnight.

Sep 16, 2014

Mining Curbs Force India, a Former Leading Exporter, to Turn Importer

India turns into a big importer due to a cutback in domestic production as mine closures create major setback in domestic supply

Sep 16, 2014

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BSE closes points 244.48 down on September 15

New Delhi, Sept 15 (ANI): Trading at the Bombay Stock Exchange today closed 244.48 points down to stand at 26,816.56. At the National Stock Exchange the Nifty closed 63.50 points down to stand at 8,042.00. FRL and CESC were among the top gainers of Group A with an increase of 8.12% and 7.33% along with BRITANNIA and UNITECH with an increase of 6.37% and 5.01% respectively, while the top losers of Group A include YESBANK and BHUSHAN STEEL LTD. with a decrease of 5.17% and 4.96% along with JINDAL STEEL and POWER LTD. and JPINFRATEC with a decrease of 4.79% and 4.03% at the close of the markets. The Auto sector is down 50.15 points at 17,878.24 while the banking sector is down 99.24 points at 18,507.77 and the reality sector is 3.18 points up at 1,760.87. The Indian currency is up 0.63% at Rs 61.03 per dollar.

Sep 15, 2014