Business News

Last updated: Saturday, November 15, 2014 10:50:03 AM

India's inflation now at 11.91 percent
New Delhi, July 17 (IANS) India's annual rate of inflation inched closer to the 12-percent mark at 11.91 percent for the week ended July 5 from 11.89 percent for the week before, official data said Thursday.

Thursday, July 17, 2008 6:28:28 PM

Ecuador explores mining sector cooperation with India
New Delhi, July 17 (IANS) Ecuador wants India's expertise to develop its nascent mining industry, its vice foreign minister Jose Valencia said here Thursday.

Thursday, July 17, 2008 5:53:26 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

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