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Reliance Communications rallies after mu...

Reliance Communications rallies after multiple block deals

Shares of Reliance Communications have moved higher by 8% to Rs 62.95, bouncing back 11% from intra-day low on the BSE after multiple block deals were executed in the counter. At 1208 hours, around 42.45 million shares have changed hands at price of Rs 58.35 on the BSE, the exchange data shows. The... read more »

Bajaj Finance hits lifetime high; surges...

Bajaj Finance hits lifetime high; surges 30% in one month

Shares of Bajaj Finance were trading higher by 3% at Rs 5,587, extending their month-long rally on the Bombay Stock Exchange (BSE). The stock of non-banking finance company touched a lifetime high of Rs 5,596 in intra-day trades, rallying by 30% in the past one month from Rs 4,317 on June 3. The... read more »

Volvo launches S60 T6 in India at Rs 42 ...

Volvo launches S60 T6 in India at Rs 42 lakh

Volvo today announced the launch of S60 T6 petrol variant in India. The vehicle, priced at Rs 42 lakh (ex-showroom Delhi), is powered by a 2.0-litre 4-cylinder petrol engine that is good for 306 HP and 400 Nm torque. The new car will compete BMW 328i and Audi’s A4. Tom Von Bonsdorff,... read more »

Tesla’s Q2 deliveries surge

Tesla’s Q2 deliveries surge

Tesla’s second-quarter sales jumped 52 per cent, higher than the company had forecast, giving the Silicon Valley automaker important momentum ahead of the debut of its Model X sport-utility later this year. Tesla’s shares rose two per cent to $US274.75 in morning trading following the... read more »

More from Business

Power Grid to raise Rs.1,500 crore

Power Grid Corporation of India will raise Rs.1,500 crore through bonds to meet the capital expenditure plans for this year, its Chairman and Managing Director R. N. Nayak said. “For this... read more »

MRF Q1 net up 80 %

MRF has reported 4.8 per cent growth in its total income from operations (net) to Rs.3,353.01 crore in the first quarter ended December 31, 2014, up from Rs.3,200.57 crore in the same... read more »

Flipkart targets sales worth $8 b in 2015

Leading online market place Flipkart is looking at sales worth $8-billion in the current year. The company has announced its ambitious plan at a Town Hall organised in a college auditorium... read more »

SBI shares rise 4% despite graft case against Deputy MD

SBI reports Q3 net profit of Rs 2,910 crore

State Bank of India (SBI) on Friday reported over 30 per cent jump in net profit at Rs 2,910 crore for the third quarter ended December 2014 on the back of stronger other income despite... read more »

Gold demand up 2% in Dec quarter, down 15% in 2014

MUMBAI, FEB 12: Gold demand in the December quarter was up two per cent at 223 tonnes, largely due to pent up demand from jewellers during the festival season on the back of drop in prices. In value... read more »