Business News

Last updated: Thursday, August 28, 2014 2:06:14 PM

L&T Infra Finance to buy 20.23 hectares in Lavasa City
New Delhi, Aug 25 (IANS) L&T Infra Finance has signed an agreement with Lavasa Corporation to purchase 20.23 hectares land in Lavasa City near Pune, a company statement said here Monday.

Monday, August 25, 2014 5:00:04 PM

Gas pricing review panel seeks stakeholders' views by Thursday
New Delhi, Aug 25 (IANS) The secretaries' panel on ascertaining the price of natural gas has asked all stakeholders to send their written views by Thursday to arrive at a decision by the September-end deadline.

Monday, August 25, 2014 4:04:03 PM

SEBI revenue from insider trading penalties soars
Chennai, Aug 25 (IANS) India's securities market regulator last year saw its revenues from penalties on insider trading going up by a whopping 1,010.9 percent to Rs.20.40 crore.

Monday, August 25, 2014 3:38:10 PM

Sistema Shyam's net loss narrows to Rs.402.5 crore in Q2
New Delhi, Aug 25 (IANS) Sistema Shyam Teleservices' (SSTL) net loss narrowed down to Rs.402.5 crore in the second quarter (April-June) of 2014 compared to net loss of Rs.844.7 crore reported during the corresponding period last year, a company statement said here Monday.

Monday, August 25, 2014 3:02:22 PM

Petrochemicals prices up even as crude oil dips under $100
New Delhi, Aug 25 (IANS) While international crude oil prices dropped below the $100 a barrel-mark this week, data released simulateneously showed prices in the $3 trillion global petrochemicals market rose for a second consecutive month.

Monday, August 25, 2014 2:08:03 PM

Adani Group plans to invest $2 bn in Odisha power plant
Bhubaneswar, Aug 25 (IANS) Gautam Adani plans to invest $2 billion to build a 2,500 megawatt power plant in Odisha.

Monday, August 25, 2014 1:54:05 PM

Gas producers to Pradhan: Implement Rangarajan formula price
New Delhi, Aug 25 (IANS) Ahead of the gas-price review panel's first meeting here Monday, India's top hydrocarbon producers have told Petroleum Minister Dharmendra Pradhan they are willing to accept the price based on the Rangarajan formula notified by the previous government, even as a comprehensive review of the pricing policy is undertaken.

Monday, August 25, 2014 1:52:16 PM

SpiceJet offers new passenger scheme
New Delhi, Aug 25 (IANS) To lure more passengers in the upcoming festive season, budget passenger carrier SpiceJet Monday launched its new sales scheme starting at Rs.1,888 (all inclusive).

Monday, August 25, 2014 1:30:04 PM

Sensex, Nifty hit record high; bank stocks rise
Mumbai, Aug 25 (IANS) A benchmark index of Indian equities markets hit a record high of 26,561.65 points Monday, surpassing its previous high of 26,530.67 points recorded Aug 19.

Monday, August 25, 2014 1:18:04 PM

Adani group plans power plant in Odisha
Bhubaneswar, Aug 25 (IANS) The Gujarat-based Adani Group expects to ink a pact with the Odisha government in next three-four months to set up a 2,500 megawatt coal based power plant in the state, a senior company official said Monday.

Monday, August 25, 2014 11:26:18 AM

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