Modi wants Posco to stay in India, PMO to take up issue with company offici...
The Prime Minister’s Office is likely to take up the issue of steel giant Posco’s proposed $10.5-billion integrated steel plant in Jagatsinghpur with the Odisha government and the company officials today. The PMO has called a meeting, which will be attended by the Cabinet Secretary,... read more »
Onion prices fall below Rs 50/kg at Lasalgaon on export curbs
New Delhi: Wholesale prices of onion today fell below the Rs 50 per kg mark at the Lasalgaon in Maharashtra, Asia’s biggest onion market, due to curbs on exports and fear of action against hoarding. Even at Azadpur mandi in Delhi, wholesale onion price declined by Rs 3-5 per kg to Rs 53 today... read more »
Larsen & Toubro Bags Orders Worth Rs. 1,563 Crore in July
New Delhi: Larsen & Toubro (L&T) on Tuesday said power transmission and distribution business of L&T Construction has bagged orders worth Rs. 1,563 crore in July and August. “The power transmission and distribution business of L&T Construction has won orders worth Rs.... read more »
Sensex, Nifty see relief rally; rupee gains 50 paise
Oil bounced back from heavy losses today but global oversupply and worries over the severity of the economic slowdown in China, the world’s top commodity consumer, kept prices near 6-1/2-year lows. European equity markets recovered today but Chinese stock markets closed down more than 7... read more »
Yasin Bhatkal may have pulled a prank on us with phone-call to wife
Yasin Bhatkal, former head of dreaded terror outfit Indian Mujahideen, has succeeded in dropping a bombshell from the confines of the four walls of high-security prison at Cherlapally in... read more »
Govt to sell stake in Oil India, NTPC, 3 other PSUs
The government will sell a minority stake in the nation’s biggest power producer NTPC, as well as in Oil India Ltd and three other PSUs as part of its disinvestment drive. The... read more »
India is now a $2-trillion economy
India’s GDP crossed the $2-trillion mark in 2014, according to data released by the World Bank in Washington late on Wednesday. After taking 60 years to reach the $1-trillion mark, India... read more »
DBS India posts Rs 275-cr loss in FY15 on provisioning
Singapore-based DBS Bank has posted a loss of Rs 275 crore in FY15. This is the first time the bank has incurred a loss in its India business since it set up its first branch in India in... read more »
A Google blunder knocked £175 off the price of a Nexus 6
A technical blunder at Google meant late-night shoppers could have picked up a 32GB Nexus 6 for as little as £304 ($474). Normally, those phones sell for £479 ($746). The Independent spotted the... read more »
