Business News

Last updated: Monday, December 05, 2016 10:24:03 PM

Cabinet nod to closure of Kota unit of Instrumentation Ltd.
New Delhi, Nov 30 (IANS) The Union Cabinet on Wednesday approved the closure of the Instrumentation Ltd's Kota unit in Rajasthan and the transfer of the company's Palakkad unit to the Kerala government, an official statement said.

Wednesday, November 30, 2016 9:12:08 PM

India's core industries output rises to 6.6% in October
New Delhi, Nov 30 (IANS) India's select industrial output rose to a six-month high of 6.6 per cent in October on the back of higher production of steel, refinery products and cement, official data showed on Wednesday.

Wednesday, November 30, 2016 9:12:06 PM

M&M sees short term impact of demonetisation
New Delhi, Nov 30 (IANS) Automobile major Mahindra and Mahindra (M&M) expects the impact of demonetisation to be a "short term" one, a senior company official said on Wednesday.

Wednesday, November 30, 2016 8:48:04 PM

Petrol hiked by 13 paise a litre, diesel cut by 12 paise
New Delhi, Nov 30 (IANS) Amid the continuing fluctuation in global oil prices, state-run Indian Oil Corp (IOC) again moved in contradictory ways on transport fuels, marginally hiking petrol by 13 paise a litre and cutting diesel prices by 12 paise at Delhi, with corresponding changes in other states and effective from midnight.

Wednesday, November 30, 2016 7:52:05 PM

India's Q2 GDP at Rs 29.63 lakh crore, grows at 7.3%
New Delhi, Nov 30 (IANS) India's GDP for the second quarter ended September, estimated at Rs 29.63 lakh crore, recorded a growth of 7.3 per cent compared to the 7.1 per cent in the first quarter, but was slower than the 7.6 per cent increase posted in corresponding quarter of the last fiscal, data released on Wednesday showed.

Wednesday, November 30, 2016 7:28:03 PM

Railway lines to be constructed along border: Gohain
New Delhi, Nov 30 (IANS) The government on Wednesday said the Ministry of Defence has 'initiated the proposal' to construct railway lines along the country's borders with China, Nepal and Pakistan.

Wednesday, November 30, 2016 7:16:06 PM

Major railway stations provided with CCTV cameras: Gohain
New Delhi, Nov 30 (IANS) The government on Wednesday said over 340 major railway stations across the country have been provided with CCTV cameras for round-the-clock surveillance by Railway Protection Force (RPF).

Wednesday, November 30, 2016 7:14:04 PM

Railways float EoI for MAGLEV trains: Gohain
New Delhi, Nov 30 (IANS) The government on Wednesday said the Indian Railways have floated a tender inviting 'Expression of Interest' (EOI) for the development of high speed MAGLEV (magnetic levitation) trains in India.

Wednesday, November 30, 2016 7:12:05 PM

'Indian startup ecosystem lucky to have Ratan Tata's support'
Mumbai, Nov 30 (IANS) Amid the corporate war raging within Tata Sons, which has also highlighted Ratan Tata's work as angel investor in startups after his earlier retirement in 2012, startup founders have come out in strong support of the Tata scion.

Wednesday, November 30, 2016 6:48:03 PM

Global cues, rupee appreciation lift equity markets (Roundup)
Mumbai, Nov 30 (IANS) The Indian equity markets rose on Wednesday, as higher global crude oil prices, short-covering and value buying at lower levels buoyed investors' sentiments.

Wednesday, November 30, 2016 6:32:03 PM

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