Sensex closes 587 points down on weak GDP data
MUMBAI: Renewed fears about the slowing Chinese economy, combined with the less-than-expected doemstic GDP growth for June quarter, spooked Dalal Street investors on Tuesday. As a result, the sensex lost 587 points (or 2.2%) to close at 25,696 with 29 of the 30 of its components in the red. On the... read more »
Gold tops Rs 27,000-mark on global cues, seasonal demand
Rising for the third straight day, gold regained the Rs 27,000-mark by gaining Rs 200 at the bullion market today in line with a firm global trend amid pick up in wedding season buying by jewellers. Silver too continued its upward journey and rose by Rs 150 to Rs 35,150 per kg on increased offtake... read more »
Ashok Leyland Sales Up 39% at 11,544 Units in August
New Delhi: Hinduja Group flagship company Ashok Leyland today reported a 38.53 per cent increase in total sales at 11,544 units in August as against 8,333 units in the same month last year. Sales of heavy and medium commercial vehicles jumped 52.65 per cent to 8,903 units in August as against 5,832... read more »
Total telephone subscriber base rises to 100.69 crore
The total telephone subscriber base in the country rose marginally to reach 100.69 crore at the end of June, sectoral regulator TRAI said today. The subscriber base stood at 100.20 crore at the end of May, Telecom Regulatory Authority of India (TRAI) said. The wireless base (GSM and CDMA) rose 0.51... read more »
