Business News

Last updated: Wednesday, October 01, 2014 11:36:25 PM

Equity markets end losing streak, Sensex surges 536 points
Mumbai, July 17 (IANS) Indian equity markets ended their four-day losing streak and closed Thursday with hefty gains, piggybacking on strong global cues and fall in crude oil prices for the second consecutive day. There was frenzied buying in realty, banking and technology stocks.

Thursday, July 17, 2008 5:49:50 PM

Colgate net up 18 percent
Mumbai, July 17 (IANS) Personal care product manufacturer Colgate Palmolive India has registered a net profit of $17.98 million (Rs.719.20 million) in the first quarter this fiscal, compared to $15.22 million (Rs.608.8 million) netted in the same period last fiscal, the company announced Thursday.

Thursday, July 17, 2008 5:40:19 PM

BASF hikes open offer price to shareholders
New Delhi, July 17 (IANS) The Indian arm of German chemicals major BASF Thursday said it was increasing its open offer price to shareholders for acquiring 22.31 percent stake in the company. The offer price stands revised to Rs.300 from Rs.274 per equity share.

Thursday, July 17, 2008 4:34:07 PM

Sensex closes 536 points up
Mumbai, July 17 (IANS) Indian equity markets closed with a huge gain Thursday.

Thursday, July 17, 2008 4:19:40 PM

Unitech sells 50 percent stake in Mumbai project
New Delhi, July 17 (IANS) Real estate major Unitech Ltd, faced with cash crunch, has for $175 million sold 50 percent stake in the initial phase of its Santa Cruz project in Mumbai to Lehman Brothers Real Estate Partners, it said in a regulatory statement Thursday.

Thursday, July 17, 2008 3:43:47 PM

Ranbaxy shares fall again on US probe fears
New Delhi/Mumbai, July 17 (IANS) Top Indian drug maker Ranbaxy Laboratories and Japan's Daiichi Sankyo Thursday once again said their consolidation deal struck last month was 'binding and final' but the company's scrip fell 4.40 percent on the Bombay Stock Exchange (BSE) on fears of US probe into quality of Ranbaxy drugs.

Thursday, July 17, 2008 3:37:02 PM

Portal launched to promote India-Japanese business cooperation
New Delhi, July 17 (IANS) The Confederation of India Industries (CII) and Japan External Trade Organisation (Jetro) have launched a web portal to bolster trade and investment partnerships between India and Japan, with special emphasis on the proposed Delhi-Mumbai Industrial Corridor (DMIC).

Thursday, July 17, 2008 2:39:46 PM

Seepage, litter affecting Delhi Metro's glory: chief minister
New Delhi, July 17 (IANS) Seepage in some stations and litter by passengers were affecting the cleanliness record of Delhi Metro, Chief Minister Sheila Dikshit said Thursday and directed authorities to 'maintain its glory'.

Thursday, July 17, 2008 2:39:15 PM

Equity markets stay on the up early afternoon
Mumbai, July 17 (IANS) Indian equity markets stayed in the green early Thursday afternoon, with buying interest in banking, capital goods and technology stocks.

Thursday, July 17, 2008 1:38:15 PM

Kolkata's landmark Old Silver Mint to be re-incarnated
Kolkata, July 17 (IANS) Eight developers have bid for a Rs.1.5-billion project that will see the Old Silver Mint, a fine piece of Grecian architecture on Strand Road here, developed into a museum, hotel and food court, an official associated with the project said.

Thursday, July 17, 2008 12:05:37 PM

News Business Articles Index


This Week's Most Discussed

This Week's Most Emailed News

Feature Coming Soon..

Art - Culture Business Diaspora
Education Health Politics
Religion Sports Sci-Tech


Asia America Australia
Africa Europe Gulf-Middle East
Pakistan Nepal Bhutan
Sri Lanka Bangladesh Maldives

Disclaimer: All Logos and Pictures of various Channels, Shows, Artistes, Media Houses, Companies, Brands etc. belong to their respective owners, and are used to merely visually identify the Channels, Shows, Companies, Brands, etc. to the viewer. Incase of any issue please contact the webmaster.