Finance

BSE closes points 114.26 up on Feb 24

New Delhi, Feb 24 (ANI): Trading at the Bombay Stock Exchange today closed 114.26 points up to stand at 20,815.01. At the National Stock Exchange the Nifty closed 30.65 points up to stand at6,186.10. Muthoot Finance and Tata Power were among the top gainers of Group A with an increase of 5.41% and 5.08% along with Shree Cement and Cadila Health with an increase of 4.99% and 4.94% respectively, while the top losers of Group A include NTPC and Mangalore Refinery with a decrease of 11.43% and 2.66% along with Zee Entertainment and Hindustan Zinc with a decrease of 2.53% and 2.45% at the close of the markets. The Auto sector is up 81.55 points at 12,249.20 while the banking sector is up 169.56 points at 12,218.96 and the realty sector is down 0.05 points at 1,208.94. The Indian currency is up 0.23% at Rs 62.98 per dollar.

Feb 24, 2014

BSE closes points 153.59 up on Feb 21

New Delhi, Feb 21 (ANI): Trading at the Bombay Stock Exchange today closed 153.59 points up to stand at 20,690.23. At the National Stock Exchange the Nifty closed 64.00 points up to stand at 6,155.45. Mcleod Russel and Ambuja Cements were among the top gainers of Group A with an increase of 6.19% and 6.16% along with ACC and Gujarat State Petrochemicals with an increase of 6.00% and 5.94% respectively, while the top losers of Group A include MCX and Reliance Communication with a decrease of 5.13% and 5.07% along with Financial Technologies and Bharti Airtel with a decrease of 4.99% and 2.71% at the close of the markets. The Auto sector is up 64.38 points at 12,171.12 while the banking sector is up 115.89 points at 12,027.51 and the realty sector is down 0.44 points at 1,209.78. The Indian currency is up 0.18% at Rs 62.12 per dollar.

Feb 21, 2014

WhatsApp Plus In The Works? Top 5 Features That Do Not Exist In The Current Version

Facebook to buy WhatsApp for $19 billion

California, Feb 20 (ANI): In a landmark deal that places the world's largest social network closer to the heart of mobile communications, Facebook will buy fast-growing mobile-messaging startup WhatsApp for $19 billion in cash and stock. The transaction involves $4 billion in cash, $12 billion in stock and $3 billion in restricted stock that vests over several years. The WhatsApp deal is worth more than Facebook raised in its own IPO and underscores the social network's determination to win the market for messaging. Founded by a Ukrainian immigrant Jan Koum, and a Stanford alumnus, Brian Acton, WhatsApp is a Silicon Valley startup fairy tale, rocketing to 450 million users in five years and adding another million daily.

Feb 20, 2014

BSE closes points 106.77 up on Feb 19

New Delhi, Feb 19 (ANI): Trading at the Bombay Stock Exchange today closed 106.77 points up to stand at 20,740.98. At the National Stock Exchange the Nifty closed 25.65 points up to stand at6,152.75. Adani Enter and Financial Tech were among the top gainers of Group A with an increase of 7.04% and 4.99% along with MCX and Gujarat Mineral with an increase of 4.95% and 3.82 % respectively, while the top losers of Group A include Jindal Steel and Tata Communication with a decrease of 2.79 % and 2.73 % along with Indian Bank and Bank of India with a decrease of 2.29% and 2.09% at the close of the markets. The Auto sector is down 7.06 points at 12,168.14 while the banking sector is up 41.65 points at 12,115.87 and the realty sector is up 5.21 points at 1,212.29. The Indian currency is down 0.32% at Rs 62.16 per dollar.

Feb 19, 2014

BSE closes points 145.47 up on Feb 18

New Delhi, Feb 18 (ANI): Trading at the Bombay Stock Exchange today closed 145.47 points up to stand at 20,609.53. At the National Stock Exchange the Nifty closed 53.80 points up to stand at6,127.10. ABB India Ltd. and Jindal Steel were among the top gainers of Group A with an increase of 12.44% and 7.03% along with Siemens and Adani Power Ltd. with an increase of 6.22% and 5.97% respectively, while the top losers of Group A include Hindustan Zinc and Motherson Sumi with a decrease of 2.56% and 2.27% along with Suzlon Energy and Jain Irrigation with a decrease of 2.21% and 1.75% at the close of the markets. The Auto sector is up 112.06 points at 12,171.03 while the banking sector is up 226.84 points at 12,025.21 and the realty sector is up 6.01 points at 1,206.03. The Indian currency is down 0.32% at Rs 62.16 per dollar.

Feb 18, 2014

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

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

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

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

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

BSE closes points 27.98 up on Feb 11

New Delhi, Feb 11 (ANI): Trading at the Bombay Stock Exchange today closed 27.98 points up to stand at 20362.25. At the National Stock Exchange the Nifty closed 9.45 points up to stand at 6062.90. Muthoot Finance and Bharat Forge were among the top gainers of Group A with an increase of 10.74% and 6.12% along with JPPOWER and Motherson Sumi Systems with an increase of 5.83% and 4.61% respectively, while the top losers of Group A include Mangalore Refinery and MCX with a decrease of 4.20% and 3.95% along with UPL and RAMCO CEMENT with a decrease of 3.83% and 3.27% 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 0.24% at Rs 62.28 per dollar.

Feb 11, 2014

Superbikes bandwagon makes inroads as high top end bikemakers unveil made-for-India bikes

Greater Noida, Feb 11 (ANI): International bikemakers such as Harley Davidson, Triumph Motorcycles Yamaha and Ducati showcased their trendiest models to awe-struck Indian bikers at the 12th Auto Expo held in Greater Noida recently. The top end bikemakers displayed some machismo cruiser style and chopper designs targeting the domestic market.

Feb 11, 2014

BSE closes points 56.62 down on Feb 10

New Delhi, Feb 10 (ANI): Trading at the Bombay Stock Exchange today closed 56.62 points down to stand at 20319.94. At the National Stock Exchange the Nifty closed 9.75 points down to stand at 6053.45.Muthoot Finance and Apollo Tyres were among the top gainers of Group A with an increase of 4.74% and 3.82% along with Wockhardt Ltd. and DLF Ltd. with an increase of 3.62% and 2.94% respectively, while the top losers of Group A include Idea Cellular Ltd. and Reliance Communications Ltd with a decrease of 8.54% and 4.03% along with Godrej Industries Ltd and Aurobindo Pharma with a decrease of 3.91% and 3.85% 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 0.14% at Rs 62.37 per dollar.

Feb 10, 2014

Children sing, dance and participate in hi-tech gaming sessions at Indian Auto Expo

Greater Noida, Feb 10 (ANI): Children sang and danced with their favourite cartoon characters while participating in hi-tech gaming sessions at the Indian Auto Expo in Greater Noida. In order to attract large number of children and families to the event, various activities were organized to keep the visitors entertained. Few children were seen participating in hi-tech video games session while some others were engrossed in modeling toy cars. Japanese auto and bike maker Honda invited Indian animation superstar 'Chota Bheem' and his best friend 'Chutkiat' at their motor cycle and scooter pavilion. Children participating in the games loved the arrangements.

Feb 10, 2014

State-of-art concept cars glisten at the Indian auto expo

Greater Noida, Feb 10 (ANI): The Indian auto expo grabbed many eyeballs with its state-of-the-art new models, with automobile giants like Hyundai, Maruti Suzuki and Renault bringing their ‘out-of-the-box’ concept cars to the world’s sixth largest car market country. German luxury carmaker, Audi, displayed its coupe concept car -- the Sport Quattro – which with a front fascia and exposed LED headlights looks stunning. The concept is powered by hybrid powertrain, and can run up to 50 kilometers solely on electricity. BMW unveiled its lavish electric concept car, BMW i8 - first seen in Hollywood super-hit 'Mission Impossible 4'. Designed to look like a car straight from the space-age, the BMW i8 has powerful electric and petrol engines.

Feb 10, 2014