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Monthly News February 2015

Titan Company intimates on availability ...

Titan Company intimates on availability of credit for gold purchases

Titan Company announced that the Company will be able to avail credit from domestic nominated banks for gold purchases without restrictions. This will also result in the Company getting the benefits of natural hedging of gold fully with a possibility of negative working capital that the Company... read more »

SpiceJet’s new ‘one stop sal...

SpiceJet’s new ‘one stop sale’: Now, tickets up for grabs...

Just days after its Valentine’s Day sale, budget carrier SpiceJet today announced a fresh sale in which tickets were available for as low as Rs 2,999 and included routes that had a single stop-over. The airline is hoping to cash in on the Holi weekend in March. Tickets under the scheme will... read more »

Exclusive: U.S. authorities probe allege...

Exclusive: U.S. authorities probe alleged forged letter from Mirach in Saha...

Federal authorities in San Francisco are probing U.S.-based Mirach Capital Group, two sources familiar with the situation told Reuters, amid allegations that the group gave a forged bank letter to Indian conglomerate Sahara as part of financing negotiations. Sahara had sought to borrow more than... read more »

CBI files final report in coal block cas...

CBI files final report in coal block case

The Central Bureau of Investigation (CBI) Thursday filed its final report with the statements of a witness recorded during the probe in a coal block allocation case allegedly involving industrialist Kumar Mangalam Birla and others. The CBI filed the statement in a sealed cover before special Judge... read more »

Making heavy weather of a small chase

New Zealand narrowly avoided a major misstep, edging Scotland by three wickets in a low-scoring match on Tuesday to stay unbeaten after two games in Pool A. Chasing Scotland’s modest... read more »

Wholesale price index slips into negative zone

Riding high on the fall in fuel prices, the wholesale price index (WPI) dipped to – 0.39 per cent in January. A fall in inflation has been recorded for the eighth consecutive month.... read more »

Gold, silver prices rise on brisk buying, global cues

Gold recovers on wedding season demand

Gold prices on Monday recovered by Rs 70 to trade at Rs 27,700 per ten gram at the bullion market, largely supported by wedding season demand from jewellers and retailers amidst a firming... read more »

SEBI seeks fresh clarification on UFO Moviez’s Rs. 750 crore IPO

Market regulator SEBI has sought fresh clarification from UFO Moviez India on the company’s proposed Rs. 750 crore initial public offer (IPO). Without disclosing the details of... read more »

Volkswagen launches refreshed Jetta

Volkswagen, on Tuesday, launched face-lifted Jetta here. The new version comes with changes in exterior and interior. The 1.4 TSI petrol variant comes in two trims — Trendline priced at Rs.13.87... read more »