Business News

Last updated: Friday, May 22, 2015 11:40:03 PM

Sensex trades marginally lower, bank stocks down
Mumbai, May 21 (IANS) A day after it gained around 200 points, a benchmark index of Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex) was trading marginally lower in the noon session on Thursday. It was down by 50 points or 0.18 percent.

Thursday, May 21, 2015 12:54:03 PM

Predicting US Fed stance not easy proposition (Column: Currency Corner)
It would be hard to put the Federal Open Market Committee (FOMC) minutes released Wednesday night under the hawkish or dovish category. The markets traded within a very narrow range post the release of the minutes, making it quite a non-event.

Thursday, May 21, 2015 11:44:02 AM

Shah panel on MAT set up
New Delhi, May 20 (IANS) The government on Wednesday constituted the three-member A.P.Shah Committee that will look into controversial minimum alternate tax (MAT) demand on foreign companies, it was announced here.

Thursday, May 21, 2015 12:04:04 AM

Narayana Murthy for supporting Modi
New Delhi, May 20 (IANS) Assessing the first year of the NDA government, Infosys co-founder N.R.Narayana Murthy said on Wednesday that Prime Minister Narendra Modi should be supported in his endeavours.

Wednesday, May 20, 2015 11:40:02 PM

India-based vendors bag 25 percent of IT deals: IDC
Bengaluru, May 20 (IANS) India-based outsourcers bagged nearly 25 percent of the top 100 IT deals in 2012-14, global market research firm International Data Corporation (IDC) said on Wednesday.

Wednesday, May 20, 2015 11:18:03 PM

cloudBuy ties-up with CII for new e-commerce gateway
New Delhi, May 20 (IANS) Global e-commerce solutions provider cloudBuy on Wednesday announced to have tied up with the Confederation of Indian Industry (CII) for launching a new online gateway for its members.

Wednesday, May 20, 2015 9:46:12 PM

Charge sheet filed against Pushp Steels and Mining
New Delhi, May 20 (IANS) The Central Bureau of Investigation on Wednesday filed a fresh charge sheet in the coal block allocation case allegedly involving Chhattisgarh-based company Pushp Steels and Mining Pvt. Ltd. and others.

Wednesday, May 20, 2015 8:18:03 PM

Tata Power deploys country's first smart grid in Delhi
New Delhi, May 20 (IANS) Tata Power Delhi Distribution Ltd (TPDDL) and New York-listed Honeywell announced on Wednesday that they have successfully implemented the first Automated Demand Response (ADR) or "smart grid" power distribution project for commercial and industrial facilities in India.

Wednesday, May 20, 2015 8:10:04 PM

Tata Steel posts Rs.3,926 crore loss for 2014-15
Kolkata, May 20 (IANS) Tata Group-owned Tata Steel on Wednesday said under global subdued demand in steel consuming industries and increasing steel imports from China, it has incurred a consolidated loss of Rs.3,926 crores in 2014-15 compared to a profit of Rs.3,596 crore in 2013-14.

Wednesday, May 20, 2015 8:06:04 PM

Wide array of opportunities opened up in China post Modi's visit: CII
Kolkata, May 20 (IANS) Industry body Confederation of Indian Industries (CII) on Wednesday said the recent visit of Prime Minister Narendra Modi to China has opened up an extensive range of opportunities for Indian businessmen.

Wednesday, May 20, 2015 7:36:18 PM

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