Business news

SpiceJet Tickets Offered at Discounted Price of ₹999; Lower than Train Fares

SpiceJet has lowered its ticket fare to ₹999 to travel various domestic routes.

Jul 9, 2014

BSE Opens higher but Closes Red; Nifty Records 2-week Closing Low

the Indian rupee ended steady at 59.75 a dollar versus its previous closing at 59.78 a dollar on Tuesday.

Jul 9, 2014

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BSE closes points 137.30 down on July 9

New Delhi, July 09 (ANI): Trading at the Bombay Stock Exchange today closed 137.30 points down to stand at 25,444.81. At the National Stock Exchange the Nifty closed 38.20 points down to stand at 7,585.00. Indian Oil Corporation and Adani Ports were among the top gainers of Group A with an increase of 3.35% and 2.67% along with HPCL and TITAN with an increase of 2.38% and 2.18% respectively, while the top losers of Group A include Bharat Electronics Ltd. and Apollo Tyres with a decrease of 7.81% and 7.67% along with Aurobindo Pharma and Ashok Leyland with a decrease of 6.93% and 6.11% at the close of the markets. The Auto sector is down 385.13 points at 15,452.99 while the banking sector is down 86.16 points at 17,108.97 and the realty sector is down 31.04 points at 1,914.69. The Indian currency is 0.08% down at Rs 59.73 per dollar.

Jul 9, 2014

What the Economic Survey Tells Us to Expect From the Union Budget

While expectations have been building around the budget, the Economic Survey gave an insight on whether they would be met or not.

Jul 9, 2014

French Retail Giant Carrefour to Exit India

France's largest, and the world's second-largest retailer, by sales, has announced its plan to exit the Indian market.

Jul 9, 2014

Indian Stocks Record Biggest Single-Day Fall Since September 2013; Majority of Rail Stocks Plunge

BSE and NSE indices recorded their biggest single day fall in over 10 months.

Jul 8, 2014

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BSE closes points 517.97 down on July 8

New Delhi, July 08 (ANI): Trading at the Bombay Stock Exchange today closed 517.97 points down to stand at 25,582.11. At the National Stock Exchange the Nifty closed 163.95 points down to stand at 7,623.20. MCX and Berger Paints were among the top gainers of Group A with an increase of 4.36% and 2.66% along with Bajaj Holdings and Cadila Health with an increase of 2.34% and 1.63% respectively, while the top losers of Group A include Unitech and Jaiprakash Associates Ltd. with a decrease of 12.54% and 9.82% along with IFCI and MMTC with a decrease of 9.47% and 9.30% at the close of the markets. The Auto sector is down 367.98 points at 15,838.12 while the banking sector is down 413.67 points at 17,195.13 and the realty sector is down 150.04 points at 1,945.73. The Indian currency is 0.28% down at Rs 59.84 per dollar.

Jul 8, 2014

Will Gowda's Budget Help Improve Freight, Passenger Traffic?

The Union Railways Ministry has increased the freight charges, which slumped down to 36 percent, with an additional passenger traffic of just 12.9 percent, to bring the Indian Railways back on track.

Jul 8, 2014

Railway Budget 2014-15: Hi-Tech Stations, Bullet Trains, Digital Services

The Modi government's first Railway Budget put thrust on technology and modernization to revamp Indian Railways.

Jul 8, 2014

'Missing' CMD of SIS Sunil Kakkad Arrested in Liberia

Sunil Kakkad, chairman and managing director of Sai InfoSystems was missing since last year was arrested in Liberia.

Jul 8, 2014

A man looks at a screen across the road displaying the election results on the facade of the BSE building in Mumbai

Market Falls After Heavy FII Sales, Rail Stocks Plunge on Budget Day

Indian stock indices on Tuesday traded lower after surging during early trade on Railway budget presentation day.

Jul 8, 2014

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Government Set to Lower Prices for Electric, Hybrid Cars Through Subsidies in Union Budget

If you have always wanted to buy an electric or hybrid car, buying it after the Union Budget could be a good time with prices of these vehicles set to drop if the government pushes for subsidies as is strongly expected

Jul 8, 2014

Railway Budget: AP, Telangana Hope to Get New Trains, Lines; Bangalore May Get Commuter Trains

Andhra Pradesh and Telangana are hoping for several new railway lines, introduction of new trains completion of several pending rail projects from the new rail budget.

Jul 8, 2014

RCOM to Outsource 37% of its Workforce

Anil Ambani-led RCOM is planning to outsource around 6,000 call-centre employees due to restructuring process.

Jul 8, 2014

Railway Budget Live Blog: Modi calls "Modern" Rail Budget a Growth Engine, Opposition Calls it 'Pro-rich'

The Modi government is set to present its first Railway Budget today in the Parliament, which is expected to pave the way for high-speed trains and private sector investment.

Jul 8, 2014

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