Business News

Last updated: Wednesday, March 04, 2015 10:30:04 PM

Sensex closes 98 points up, capital goods stocks zoom
Mumbai, March 2 (IANS) A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), provisionally ended Monday's trade up 98 points or 0.33 percent.

Monday, March 02, 2015 3:54:03 PM

'Bank consolidation should happen, but subject to conditions'
Chennai, March 2 (IANS) Indian bank employees are not against the consolidation of government-owned banks provided certain conditions are met, a top union leader said Monday.

Monday, March 02, 2015 3:42:22 PM

Tata Motors' February sales up 11 percent
Mumbai, March 2 (IANS) Automobile major Tata Motors Monday reported an 11 percent growth in its overall sales, including exports, during February at 44,225 units from 39,951 units in the like period of last year.

Monday, March 02, 2015 3:32:18 PM

Coal India February target rises
Mumbai/Kolkata, March 2 (IANS) The world's largest coal producer, Coal India Ltd (CIL), on Monday said it's production target for February rose by three percent to 47.98 million tonnes even as it's targeted output for April 2014-February 2015 fell short by three percent.

Monday, March 02, 2015 3:18:04 PM

Bajaj Auto's February sales down 22 percent
New Delhi, March 2 (IANS) Two-and three-wheeler maker Bajaj Auto on Monday reported a decline of 22 percent in its sales for February at 243,319 units from 313,294 units in the corresponding period of the previous year.

Monday, March 02, 2015 3:16:17 PM

Hyundai Motor's February sales up 2.4 percent
Chennai, March 2 (IANS) Automobile manufacturer Hyundai Motor India (HMIL) on Monday reported a sales growth of 2.4 percent at 47,612 units during February 2015 from an off-take of 46,505 units sold in the like period of last year.

Monday, March 02, 2015 2:58:04 PM

Ola acquires TaxiForSure for $200 mn
Bengaluru, March 2 (IANS) Leading mobile application provider for personal transportation Ola (formerly Olacabs) on Monday announced it was buying out leading cab aggregator TaxiForSure for $200 million (Rs.1,238 crore) in a cash and equity deal.

Monday, March 02, 2015 2:24:05 PM

Maruti Suzuki's February sales up 8.7 percent
New Delhi, March 2 (IANS) India's largest passenger car manufacturer Maruti Suzuki Monday reported a sales growth, including exports, of 8.7 percent in February at 118,551 units from 109,104 units sold in the corresponding period of last year.

Monday, March 02, 2015 1:34:04 PM

India's budget: Mood mixed at Moody's
Chennai, March 2 (IANS) Global credit rating agency Moody's Investors Service on Monday said India's budget for 2015-16 is credit positive for corporates and a mixed bag for the banks.

Monday, March 02, 2015 10:34:03 AM

Sensex surges 185 points; capital goods stocks rally
Mumbai, March 2 (IANS) A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Monday surged 185.54 points or 0.63 percent in the early session ahead as capital goods stocks surged.

Monday, March 02, 2015 10:06:15 AM

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