Business News

Last updated: Friday, October 31, 2014 11:56:19 PM

Sensex hits record high
Mumbai, Oct 30 (IANS) A benchmark index of Indian equities markets Thursday touched a record high of 27,358.85 points, surpassing its previous high of 27,354.99 hit Sep 8.

Thursday, October 30, 2014 2:36:17 PM

Andhra Bank's net up by 35 percent
Hyderabad, Oct 30 (IANS) Andhra Bank has posted 35 percent growth in net profit during the quarter ended September.

Thursday, October 30, 2014 2:32:16 PM

Sensex surges 171 points; IT stocks gain
Mumbai, Oct 30 (IANS) A benchmark index of Indian equities markets Thursday was trading 171.02 points or 0.63 percent up as IT stocks gained.

Thursday, October 30, 2014 12:28:09 PM

Sensex trades flat; IT stocks gain
Mumbai, Oct 30 (IANS) A benchmark index of Indian equities markets Thursday was trading flat at 16.96 points or 0.06 percent up as IT stocks gained.

Thursday, October 30, 2014 9:56:13 AM

Foreign investment norms in construction further relaxed
New Delhi, Oct 29 (IANS) India's foreign investment norms in the construction sector were relaxed further Wednesday with the size of an individual project reduced to 20,000 sq mts, against 50,000 sq mts earlier, and by bringing down the minimum capital requirement by half to $5 million.

Wednesday, October 29, 2014 10:56:17 PM

Cabinet nod for India-Mozambique MoU on oil, gas cooperation
New Delhi, Oct 29 (IANS) The cabinet Wednesday approved the signing of a memorandum of understanding (MoU) between India and Mozambique for five-year cooperation in the oil and gas sector.

Wednesday, October 29, 2014 9:16:12 PM

Tech Mahindra's Q2 net jumps by 14 percent
Hyderabad, Oct 29 (IANS) Tech Mahindra, a leading software service firm, has posted a quarter-on-quarter growth of 14.1 percent in net profit during the second quarter ended September, at Rs.719.7 crore against Rs.630.7 crore in the previous quarter.

Wednesday, October 29, 2014 8:54:14 PM

Dr Reddy's Q2 net down by 17 percent
Hyderabad, Oct 29 (IANS) Pharmaceutical major Dr Reddy's Laboratories Limited has reported 17 percent decline in net profit during the second quarter ended September, at Rs.574.10 crore against Rs.690.25 crore in the corresponding quarter last year.

Wednesday, October 29, 2014 8:46:18 PM

Air India signs code share pact with Air Astana
New Delhi, Oct 29 (IANS) National carrier and Star Alliance member Air India has signed a free flow code-share agreement with Air Astana JSC, the flag carrier of Kazakhstan, an official statement said here Wednesday.

Wednesday, October 29, 2014 8:34:05 PM

Hero Electric launches AVIOR e-cycles in India
New Delhi, Oct 29 (IANS) Hero Electric, a flagship company of the Hero Eco Group, Wednesday launched its latest product, AVIOR e-cycles.

Wednesday, October 29, 2014 7:40:10 PM

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