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Stanford University commends Mukesh Amba...

Stanford University commends Mukesh Ambani

Stanford University of US has commended Mukesh Ambani for his decade long support to students keen on pursuing higher studies through scholarships. Ambani, who had enrolled at the Stanford University for a management degree in the 80s but returned midway due to his father’s failing heath, had... read more »

Rupee at at 63.39

Rupee at at 63.39

The benchmark BSE Sensex trimmed initial gains and fell by 9 points in late morning trade, dragged down by FMCG sectors, while fresh selling was seen in IT, consumer durables, teck and refineries sectors. However, buying interest after a fall in previous three sessions was seen in banks, pharma and... read more »

BRICS bank to start lending in local cur...

BRICS bank to start lending in local currency by April

The New Development Bank (NDB), set up by five BRICS nations including India, will start lending in local currency by April next year and member countries will primarily be the focus of credit facility, its chief and eminent banker K V Kamath said here today. He said a decision to open membership... read more »

Rupee at 63.53 against US dollar

Rupee at 63.53 against US dollar

The benchmark BSE Sensex recovered over 110 points in early trade today after retreating for two straight sessions, on value buying by participants in select blue chip stocks amid rebound in Chinese stocks. Besides, optimistic buying activity ahead of the release of first quarter earnings by... read more »

More from Business

Installed solar capacity crosses 3 GW

New capacity addition in the clean energy sector was up nine per cent during the first 9-month of this fiscal. The total installed capacity of solar power in the country crossed 3,000 MW... read more »

Toyota tops in global vehicle sales, beats VW, GM

Toyota Motor stayed at the top in global vehicle sales in 2014, selling 10.23 million vehicles, beating Volkswagen and General Motors. Volkswagen AG of Germany sold 10.14 million vehicles... read more »

Facebook CEO Zuckerberg faces IPO lawsuit over misleading investors

Facebook’s impact on Indian economy pegged at $4 billion

Facebook enabled $4 billion economic impact on the Indian economy and contributed to 3,35,000 jobs in some or the other way during last year, according to a study. The study titled... read more »

Gold regains Rs 28,000 mark on seasonal demand, global cues

Continuing its rising streak for the third consecutive day, gold crossed the Rs 28,000 level after over four months by gaining Rs 100 at the bullion market in the national capital on... read more »

Sensex breaches 28,900-mark; Nifty at 8,730.45

The BSE Sensex breached the 28,900-mark and the NSE Nifty touched a new peak of 8,730.45 in early trade on Wednesday on sustained fund inflows, driven by the encouraging corporate earnings coupled... read more »