Business News

Last updated: Saturday, August 01, 2015 2:58:03 PM

Markets end with marginal gains
Mumbai, Feb 4 (IANS) In a replication of Tuesday's trade, Indian equities markets closed marginally higher Wednesday after slipping from the day's highs. A key index ended 0.57 percent up from its previous close of 9,149.3 points.

Wednesday, February 04, 2009 4:58:13 PM

Sun Microsystems to hold global conference in Hyderabad
Hyderabad, Feb 4 (IANS) Given the growing international profile of the Indian software industry, Sun Microsystems is organising its global annual developer conference here Feb 18-20 for the third time in as many years.

Wednesday, February 04, 2009 4:09:18 PM

Kerala IT industry seeks sops from government
Thiruvananthapuram, Feb 4 (IANS) Chief executives of Technopark companies here Wednesday asked the Kerala government to announce a stimulus package for the state's IT industry, which has been hit hard by the economic slowdown.

Wednesday, February 04, 2009 3:57:57 PM

Markets close marginally higher
Mumbai, Feb 4 (IANS) Indian equities markets closed marginally higher Wednesday after giving up most of day's gains amid volatile conditions. A key index gained 0.52 over its previous close.

Wednesday, February 04, 2009 3:55:06 PM

KPMG to help businesses adopt global accounting norms
New Delhi, Feb 4 (IANS) With corporate governance and accounting norms coming under the scanner following the $1.43-billion Satyam scam, global consultancy and accounting major KPMG Wednesday announced the launch of an initiative to help Indian businesses conform to international accounting standards.

Wednesday, February 04, 2009 3:54:44 PM

Chhattisgarh chief minister pushes Tata Steel project
Lohandiguda (Chhattisgarh), Feb 4 (IANS) Chhattisgarh Chief Minister Raman Singh says the Tatas will get all his support to set up a $2-billion new steel unit in the state given the benefits it will bring to one of India's most backward areas, even as the project is facing rough weather over acquisition of farmland.

Wednesday, February 04, 2009 3:26:00 PM

Nuclear Power Corp, French firm sign pact on reactors
New Delhi, Feb 4 (IANS) Following the government's green signal to foreign companies to participate in India's nuclear power programme, AREVA of France Wednesday signed a pact with state-run Nuclear Power Corp of India Ltd (NPCIL) to set up nuclear power reactors in Maharashtra.

Wednesday, February 04, 2009 3:15:44 PM

Profit booking pulls down markets
Mumbai, Feb 4 (IANS) Indian equities markets slipped from their morning highs in the afternoon trade Wednesday amid profit booking. A key index shed most of its day's gains and was trading a marginal 0.35 percent higher than previous close nearly an hour before the closing bell.

Wednesday, February 04, 2009 2:55:05 PM

Angry commuters block railway traffic in Mumbai
Mumbai, Feb 4 (IANS) Protesting commuters demanding better train services blocked suburban railway traffic on the western sector in Mumbai Wednesday causing inconvenience to hundreds of thousands of daily travellers.

Wednesday, February 04, 2009 2:49:49 PM

Nasscom pegs revenues of Indian software industry at $60 bn
New Delhi, Feb 4 (IANS) The Indian software and services industry is expected to grow 16 percent this fiscal and log revenues of $60 billion despite the global slowdown, a top lobby for the industry said Wednesday.

Wednesday, February 04, 2009 1:48:56 PM

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