Business news

bse-closes-points-110-19-up-on-feb-17

BSE closes points 110.19 up on Feb 17

New Delhi, Feb 17 (ANI): Trading at the Bombay Stock Exchange today closed 110.19 points up to stand at 20,477.01. At the National Stock Exchange the Nifty closed 24.95 points up to stand at 6,073.30. Financial Technologies and Tata Motors Ltd. were among the top gainers of Group A with an increase of 4.98% and 4.74% along with MCX and Adani Power Ltd. with an increase of 4.35% and 3.95% respectively, while the top losers of Group A include Suzlon Energy and NMDC with a decrease of 5.04% and 4.92% along with The Ramco Cements and Amara Raja with a decrease of 4.32% and 3.20% at the close of the markets. The Auto sector is up 116.12 points at 12,084.10 while the banking sector is up 166.33 points at 11,824.11 and the realty sector is down 9.96 points at 1,200.02. The Indian currency is down 0.17% at Rs 62.03 per dollar. Feb 17, 2014
bse-closes-points-180-94-up-on-feb-14

BSE closes points 180.94 up on Feb 14

New Delhi, Feb 14 (ANI): Trading at the Bombay Stock Exchange today closed 180.94 points up to stand at 20374.29. At the National Stock Exchange the Nifty closed 51.50 points up to stand at 6052.60. Financial Technologies and Tata Motors Ltd. were among the top gainers of Group A with an increase of 4.99% and 3.47% along with Bharti Infratel and SAIL with an increase of 2.76% and 2.73% respectively, while the top losers of Group A include Bajaj Auto and HDIL with a decrease of 2.94% and 2.53% along with Jain Irrigation and TV18 Broadcast with a decrease of 2.48% and 2.36% at the close of the markets. The Auto sector is up 13.41 points at 11,804.69 while the banking sector is down 59.61 points at 11,683.77 and the realty sector is up 26.85 points at 1,232.20. The Indian currency is down 0.38% at Rs 62.18 per dollar. Feb 14, 2014
kiran-rao-hosts-special-screening-of-documentary-film-gulabi-gang

Kiran Rao hosts special screening of documentary film Gulabi Gang

Mumbai, Feb 14 (ANI): Indian filmmaker, Kiran Rao, hosted special screening of the upcoming documentary film 'Gulabi Gang', for her peers in the industry, as movie takes forward the fight against gender violence, caste oppression and widespread corruption in central Bundelkhand region. Bollywood stars including Raj Kumar Hirani, Gauri Shinde, Vidhu Vinod Chopra, Prasoon Joshi and Aditya Roy Kapur attended the screening in India’s showbiz capital Mumbai. Post screening of the film, Rao said that the film would be appreciated and loved by all. The documentary, directed by Nishtha Jain, is based on the life of Indian social activist, Sampat Pal Devi, who founded Gulabi Gang; an Uttar Pradesh based organization that works for women empowerment. Considering it as an informative film, Bollywood actor, Aditya Roy Kapur, said that it makes us aware about the ground realities. The upcoming film ‘Gulaab Gang’ starring Madhuri Dixit and Juhi Chawla as leads is based on ‘Gulabi Gang’. While the documentary is slated for release on February 21, the movie will release on March 07. Feb 14, 2014
2014-auto-expo-ends-with-hope-for-boost-in-automobile-sales

2014 Auto Expo ends with hope for boost in automobile sales

Greater Noida, Feb 12 (ANI): The curtains came down on the 12th edition of Auto Expo in Greater Noida with the hope that positivity around the show will spark a revival in demand after a prolonged slump in sales. Automobile giants resorted to different strategies and tactics in order to lure consumers, offered discount packages to boost sales. Car sales fell to 160,289 vehicles last month, as consumers kept a tight lid on spending, hurt by high interest rates and fuel costs in a slowing economy. Sales of passenger vehicles, which include cars and utility vehicles, fell 9.3 percent in January. The Deputy Director General of Society of Indian Automobile Manufacturers (SIAM), Sugato Sen said the taxes imposed on the automobiles resulted in decline of sales in the passenger car segment. Feb 12, 2014
bse-closes-points-73-96-up-on-feb-12

BSE closes points 73.96 up on Feb 12

New Delhi, Feb 12 (ANI): Trading at the Bombay Stock Exchange today closed 73.96 points up to stand at 20437.33. At the National Stock Exchange the Nifty closed 17.10 points up to stand at 6079.80. Muthoot Finance and Crompton Greav were among the top gainers of Group A with an increase of 9.78% and 5.29% along with Motherson Sumi and Financial Technology with an increase of 4.91% and 4.61% respectively, while the top losers of Group A include Tata Steel and India bulls Real Estate with a decrease of 4.19% and 3.48% along with United Brew-$ and Cairn India with a decrease of 3.29% and 3.00% at the close of the markets. The Auto sector is up 13.41 points at 11,804.69 while the banking sector is down 59.61 points at 11,683.77 and the realty sector is up 26.85 points at 1,232.20. The Indian currency is down 0.19% at Rs 62.10 per dollar. Feb 12, 2014
car-sales-fall-in-january-no-respite-seen-siam

Car sales fall in January, no respite seen: SIAM

New Delhi /Noida, Feb 12 (ANI): Car sales in India fell 7.6 percent in January, the fourth straight month of decline, according to figures released by the Society of Indian Automobile Manufacturers (SIAM), in a market set to fall for the second straight year. Car sales fell to 160,289 vehicles last month, the industry body said, as consumers kept a tight lid on spending, hurt by high interest rates and fuel costs in a slowing economy. Sales have fallen 5.2 percent so far this fiscal year that ends in March. The Deputy Director General of Society of Indian Automobile Manufacturers (SIAM), Sugato Sen, said that the auto industry is hoping that the government may cut factory gate duties when it presents the interim budget while there are no signs of an immediate recovery. Feb 12, 2014
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