L&T Finance Holdings to get Rs 708 cr from Bain Capital
L&T Finance Holdings , the subsidiary of engineering & construction major Larsen & Toubro, will get Rs 708 crore from Bain Capital by issuing preferential shares and warrants. “The board of directors in today’s meeting has approved a preferential allotment of equity... read more »
Why ONGC, Oil India Are Likely to Come Under Pressure
Shares of ONGC and Oil India are likely to come under pressure from October 1 as natural gas prices in India may fall below $4.2 per mmBtu (million British thermal unit) from $5.18 per mmBtu now according to reports. As per the mechanism approved in October 2014, price of domestically produced... read more »
Hiring activity up 13% in August, says Naukri survey
In what can be seen as a reason for optimism among job seekers, hiring activity has increased 13 per cent in August 2015 against the same month last year, a survey said. According to the Naukri Job Speak Index for August this year, banking and financial services recorded the maximum increase (26... read more »
Gold hovers near three-week high as equities slip
Gold held close to its highest level in nearly three weeks on Monday, boosted by safe-haven demand after the Federal Reserve’s move last week to leave US interest rates unchanged weighed on global equities. Spot gold was steady at $1,138.90 an ounce by 0640 GMT, after gaining 3% in the... read more »
Sensex in red again, falls over 300 pts in volatile mid-day trade
After recouping around 400 points from Monday’s mega fall in morning, the benchmark BSE Sensex plunged back into the negative zone in late morning deals and was down by 326.88 points... read more »
BCCI looking to better it’s public image, says Anurag Thakur
The Board of Control of Cricket in India (BCCI) is looking to change it’s public image, according to BCCI secretary Anurag Thakur. BCCI, the richest board in the world by far, is commonly... read more »
IPL 2013 spot-fixing’s Lodha Committee office burgled
A month after the Lodha Commission panel suspended the two Indian Premier League (IPL) teams — Chennai Super Kings (CSK) and Rajasthan Royals (RR), the office of the Supreme Court... read more »
This ton will give me great confidence: Ajinkya Rahane
COLOMBO: If there was a vote for the ‘Man Friday’ in the Indian team, Ajinkya Rahane will win it hands down. Whatever the conditions, whatever the situation or whatever the... read more »
BSE to Suspend Trading in 17 Companies
New Delhi: BSE has ordered suspension of trading in shares of 17 companies, including Raj Irrigation Pipes & Fittings and Kohinoor Broadcasting Corporation, from August 26 until further... read more »
