Business News

Last updated: Friday, January 30, 2015 9:10:04 PM

Coal India shares dip 3.47 percent ahead of auction
Mumbai/Kolkata, Jan 30 (IANS) Shares of state-owned behemoth Coal India Ltd (CIL) further fell to 3.47 percent in the afternoon trade Friday after the central government announced plans of selling a maximum of 10 percent stake in the company at a discounted price.

Friday, January 30, 2015 2:34:04 PM

FICCI voices concern over telecom spectrum prices
New Delhi, Jan 30 (IANS) Ahead of the telecom spectrum auction in March, the industry chambers have expressed their concerns over the steep reserve price of various airwaves and said high prices will lead to major impact on growth and expansion of quality networks in coming years.

Friday, January 30, 2015 2:32:15 PM

SpiceJet board approves plans to raise Rs.1,500 crore
Mumbai, Jan 30 (IANS) Budget passenger carrier SpiceJet plans to raise funds up to Rs.1,500 crore through issue of securities, the company informed the Bombay Stock Exchange (BSE) through a regulatory filing Friday.

Friday, January 30, 2015 2:26:17 PM

Dalmia Bharat posts marginal Q3 profits
Mumbai, Jan 30 (IANS) Cement-maker Dalmia Bharat Friday said its net income for the quarter ended Dec 31 stood at Rs.125 crore with an operating income of Rs.794 crore. For the same timeperiod last fiscal, it was Rs.707 crore.

Friday, January 30, 2015 1:58:14 PM

UP government sop for Tata Motors
Lucknow, Jan 30 (IANS) Faced with threats by Tata Motors to shift its operations from the state to neighbouring Uttarakhand, the Uttar Pradesh government has approved a capital subsidy of Rs 187 crore to retain it in the state, officials said Friday.

Friday, January 30, 2015 1:44:03 PM

HCL Technologies' Q2 net profit up by 28 percent
New Delhi, Jan 30 (IANS) Software service exporter HCL Technologies' consolidated net profit surged by 28 percent in the second quarter (October-December) of 2014-15, a company statement said here Friday.

Friday, January 30, 2015 1:16:14 PM

Sensex down 383 points, banking stocks fall
Mumbai, Jan 30 (IANS) A benchmark index of Indian equities markets was trading 383 points or 1.29 percent down in Friday's afternoon trade session, as banking, consumer durables and automobile stocks declined.

Friday, January 30, 2015 1:06:10 PM

Goa's BJP nixes auction of mining leases, defies Modi manifesto? (News Analysis)
Panaji, Jan 30 (IANS) By opting to renew and grant over 85 mining leases to the same companies accused of being part of a Rs. 35,000 crore illegal mining scam, the BJP-led Goa government may have reneged on a key promise made by Prime Minister Narendra Modi in his Lok Sabha poll manifesto which advocates auctioning of precious natural resources.

Friday, January 30, 2015 12:28:04 PM

Sensex, Nifty touch record highs
Mumbai, Jan 30 (IANS) A benchmark index of Indian equities markets Friday scaled a new high of 29,844.16 points surpassing its previous high of 29,786.32 points touched Jan 28.

Friday, January 30, 2015 9:56:14 AM

Over 50 countries to participate in BioAsia 2015
Hyderabad, Jan 29 (IANS) Over 50 countries will participate in BioAsia 2015, the annual international life sciences conference scheduled here Feb 2-4.

Thursday, January 29, 2015 10:14:04 PM

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