Companies

PepsiCo CEO Indra Nooyi is 3rd Most Powerful Businesswoman

Nooyi dropped from the second position she held last year to third in the list topped by IBM CEO Ginni Rometty

Sep 20, 2014

US call for greenfield investments in India

New Delhi, Sept 18 (ANI): In a bid to end the blockage of global trade, US top official called for green field investments in India through the 'Select USA' programme that will specifically concentrate on assisting new and expanding existing businesses. Speaking to reporters at CII Headquarters in New Delhi on Thursday Executive Director, Select USA, Vinai Thummalapally, invited competitive investors from India to USA. The director is on a seven-day visit to India and will be travelling across five cities – Delhi, Hyderabad, Coimbatore, Mumbai and Bangalore – to boost trade investment in the US. Counsellor for Commercial Affair John M McCaslin was also present at the "Select USA" press conference organised by the US Department of Commerce. Thummalapally said India's small and medium enterprises will benefit from the programme.

Sep 18, 2014

IKEA to Invest ₹12,500 Crore to Set Up 25 Furniture Stores in India

Ikea Group has 298 stores in 26 countries. In 2012, the firm opened 11 new stores in nine countries with 8,000 new employees. This time, Ikea has targeted India.

Sep 18, 2014

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

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

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

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

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

iPhone Pre-Order Sets New Record; Shipment may be Delayed

Following the huge demand, customers could have to wait for three to four weeks for the latest device.

Sep 13, 2014

BSE closes points 65.17 up on September 12

New Delhi, Sept 12 (ANI): Trading at the Bombay Stock Exchange today closed 65.17 points up to stand at 27,061.04. At the National Stock Exchange the Nifty closed 19.80 points up to stand at 8,105.50. AMARAJABAT and OFSS were among the top gainers of Group A with an increase of 8.44% and 6.58% along with CIPLA and EXIDE INDUSTRIES LTD. with an increase of 6.38% and 6.19% respectively, while the top losers of Group A include JPINFRATEC and BHARAT FORGE LTD. with a decrease of 4.03% and 3.07% along with GODREJ CONSUMER PRODUCTS LTD. and JAIPRAKASH ASSOCIATES LTD. with a decrease of 2.88% and 2.87% at the close of the markets. The Auto sector is up 113.47 points at 17,928.39 while the banking sector is up 54.44 points at 18,607.01 and the reality sector is down 6.34 points at 1,757.69. The Indian currency is up 0.56% at Rs 60.94 per dollar.

Sep 12, 2014