Business News

Last updated: Tuesday, September 02, 2014 3:10:04 PM

FIIs continue as net buyers in Indian equities
Mumbai, Aug 29 (IANS) Foreign institutional investors (FIIs) continued to invest in the Indian equities market which closed trade for the week ended Aug 28 trade at yet another record high.

Friday, August 29, 2014 2:28:08 PM

Sensex makes weekly gains (Weekly Review)
Mumbai, Aug 29 (IANS) Healthy buying by foreign investors coupled with an overall expectation of further reform push by the new government led to the Indian equities market making gains in the week ended Aug 28.

Friday, August 29, 2014 2:16:16 PM

Confidence has returned, time for action: India Inc (100 days of Modi government)
New Delhi, Aug 29 (IANS) As Prime Minister Narendra Modi completes 100 days in office next week, the overall sentiment of India Inc. is one of optimism, as the reversal of a perception of policy inaction with several meaningful steps on economic reforms have made the climate conducive for fresh investments and growth, stakeholders said.

Friday, August 29, 2014 1:36:12 PM

Bank of America-Merill Lynch sees RBI cutting rates in 2015
New Delhi, Aug 28 (IANS) The Reserve Bank of India (RBI) is expected to cut rates by 75-100 basis points starting early 2015, Bank of America-Merrill Lynch (BofA-ML) said in a report Thursday.

Thursday, August 28, 2014 11:42:23 PM

With heavy investment, Maharashtra set to become global auto-hub
Mumbai, Aug 28 (IANS) Maharashtra is on way to become the global auto-hub with four companies investing Rs.11,510 crore in Pune, officials said Thursday.

Thursday, August 28, 2014 11:14:03 PM

Indian Oil sacks 4 UPA-appointed directors
New Delhi, Aug 28 (IANS) State-run oil marketer Indian Oil Corp (IOC) Thursday announced the removal of four independent directors, appointed by the previous UPA government, on its board.

Thursday, August 28, 2014 11:06:22 PM

Adani buys Australian mine future royalty rights for $145 mn
Mumbai, Aug 28 (IANS) Adani Enterprises Thursday agreed to pay Australian dollars 155 million ($145 million) to Linc Energy of Australia to buy out the Australian firm's rights to future royalties from Adani's Carmichael coal project.

Thursday, August 28, 2014 8:02:09 PM

Breather for MSO Kal Cables
Chennai, Aug 28 (IANS) In a brief respite for the city-based multi-system operator (MSO) Kal Cables Pvt Ltd, the Madras High Court Thursday has allowed the company not to run a scroll that its services would be cut in 15 days' time.

Thursday, August 28, 2014 8:00:06 PM

RBI relaxes foreign transaction norms for buying government bonds
Mumbai, Aug 28 (IANS) The Reserve Bank of India (RBI) Thursday said foreign investors can now buy government bonds in secondary markets from mutual funds, banks or other dealers.

Thursday, August 28, 2014 7:56:25 PM

Badal hails move to allow states to market themselves abroad
Chandigarh, Aug 28 (IANS) Punjab Chief Minister Parkash Singh Badal Thursday welcomed the move by the central government to allow states to directly market their own products and services to other countries.

Thursday, August 28, 2014 7:54:04 PM

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