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 notice. The move is aimed at ensuring safety of investors in the capital market. “Based on the... read more »
Royal Enfield announces entry into Indonesian market
Royal Enfield, the two-wheeler division of Eicher Motors , on Monday announced its entry into the Indonesian market, with plans to commence retail operations in the Southeast Asian country in the coming months. The company announced its future plans for Indonesia, the third largest two-wheeler... read more »
Indian Oil stake sale floor price set at Rs 387 a share
The government has set a floor price for the sale of shares in top state-run refiner Indian Oil Corp Ltd at 387 rupees each, the company said, a two percent discount from Friday’s close. At the floor price, the 10 percent stake sale in the company will bring in 93.96 billion rupees (USD 1.4... read more »
Gold surges by Rs.480 to reclaim Rs.27,000 mark
New Delhi: With the wedding and festive season fast approaching, the days of cheaper gold prices seems to be over as the precious metal climbed back to Rs.27,000 mark on Friday. After registering a decline recently, prices shot up by Rs.480 to touch Rs.27,180 at the bullion market. Silver also... read more »
New born dies in Delhi after 3 govt hospitals refuse treatment
A day-old baby born was turned away by two government hospitals on Monday and died while waiting at a third. The baby was born prematurely to a 19-year-old woman on Sunday at a private... read more »
Rupee down 13 paise against dollar in early trade
The rupee weakened by 13 paise to 63.59 against the US dollar in early trade today, extending losses for the second day, due to appreciation of the American unit against other currencies... read more »
Asia markets mostly up but Shanghai tumbles again
Asian markets mostly recovered Tuesday from the previous day’s Greece-fuelled sell-off, but Shanghai sank again as analysts warned government measures to staunch a recent rout will... read more »
India is now the 3rd largest steel producer in the world
India has become the world’s third largest steel producer and is willing to produce 300 million tonnes in the next decade Union Steel & Mines Minister Narendra Singh Tomar said... read more »
Top 8 things to look out in the market today
The Nifty is likely to fall in early deals on Wednesday as weak cues from Asian markets, particularly Chinese stocks, hit sentiment on Dalal Street. Wall Street closed with modest gains as Crude Oil... read more »
