Business News

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

Sensex closes 128 points up; healthcare stocks rally
Mumbai, Oct 28 (IANS) A benchmark index of Indian equities markets Tuesday closed 127.92 points or 0.48 percent up as healthcare stocks rallied.

Tuesday, October 28, 2014 5:08:08 PM

Ola! Japan's SoftBank stikes some 'snap deals' in India (Roundup)
New Delhi, Oct 28 (IANS) After a commitment of pumping $10 billion into India over the next few years, Japan's Softbank, a leading investor in the global Internet space, has announced deals worth some $850 million to buy stakes in two Indian new-age firms.

Tuesday, October 28, 2014 4:42:14 PM

L&T wins Gujarat's Statue of Unity contract
Mumbai, Oct 28 (IANS) Engineering and construction conglomerate Larsen & Toubro (L&T) Tuesday said it has won the Gujarat government contract for the Statue of Unity project to build a bronze statue of India's first home minister Sardar Vallabhbhai Patel.

Tuesday, October 28, 2014 4:24:05 PM

Tube Investments targets Rs.450 crore from new plant
Chennai, Oct 28 (IANS) Foraying into the high precision large diameter tubes market, multi-produce company Tube Investments of India Ltd. (TI) will be looking at hydraulic cylinders, propeller shafts and other infrastructure segments business, said a senior company official.

Tuesday, October 28, 2014 4:18:20 PM

Modi docks into Ganga riverside ports idea
New Delhi, Oct 28 (IANS) The reform-minded Narendra Modi government is considering riverside ports at major cities and industrial clusters on the Ganga to boost its 'Make in India' initiative.

Tuesday, October 28, 2014 4:08:03 PM

Ola cabs signs accord for $210-mn fund from SoftBank
Bangalore, Oct 28 (IANS) Ola, the mobile application for booking cabs in India, Tuesday said it has signed an accord to raise $210 million from Japan's SoftBank and its existing investors like Tiger Global, Matrix Partners India and Steadview Capital.

Tuesday, October 28, 2014 1:28:04 PM

Snapdeal clinches $627 mn funding from Japan's SoftBank
New Delhi, Oct 28 (IANS) In another mega-deal in India's e-commerce space, Snapdeal will raise $627 million from Japan's SoftBank, a major investor in the global internet space. This will make SoftBank the largest investor in Snapdeal, a company statement said.

Tuesday, October 28, 2014 12:00:07 PM

Sensex gains 62 points; capital goods stocks surge
Mumbai, Oct 28 (IANS) A benchmark index of Indian equities markets Tuesday was trading 62.41 points or 0.23 percent up as capital goods stocks gained.

Tuesday, October 28, 2014 9:46:14 AM

Coal India's price pooling under review: Coal secretary
Kolkata, Oct 27 (IANS) The proposal to pool prices of imported and domestic coal for supply to power plants commissioned after 2009 is under consideration of the government, a senior official said Monday.

Monday, October 27, 2014 11:58:05 PM

Kerala tourism woos Australia, New Zealand
Thiruvananthapuram, Oct 27 (IANS) Kerala Tourism has successfully conducted two roadshows across Australia and made a successful foray into New Zealand, inviting the travel and adventure loving people there to "god's own country".

Monday, October 27, 2014 9:40:06 PM

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