Gold gains Rs. 110 on festive season demand, global cues
Gold prices jumped by Rs. 110 to Rs. 28,500 per 10 grams in the national capital on Wednesday on festive season demand and positive global cues. Besides, depreciating rupee which fell to almost five-month low of Rs. 61.41 (intra-day) against the U.S. dollar, making imports costlier, influenced gold... read more »
Adani Power reduces net loss from Rs. 1,198 cr to Rs. 303 cr in Q1 FY15
Adani Power Ltd (APL), a subsidiary of Adani Enterprises Ltd, on Wednesday reported an increase of 104% in consolidated income, saying its consolidated net loss reduced to Rs. 303 crore in the first quarter of 2014-15, ended June 30, as compared to the corresponding period last fiscal. While the... read more »
Fiscal deficit of 4.1% an ambitious target: Raghuram Rajan
Reserve Bank Governor Raghuram Rajan today said 4.1 per cent fiscal deficit goal set by the government for the current fiscal is an “ambitious target”. “4.1 per cent is an ambitious target. The government will achieve it if it does want. It has done before. But how it achieves it... read more »
TCS techie jumps out of auto to escape kidnapping bid in Mumbai
A 24-year-old TCS employee is still critical and battling for her life in Jupiter Hospital near Mumbai. Swapnali Lad, suffered serious injuries, when she jumped to safety from a moving auto-rickshaw in Thane after the driver allegedly tried to kidnap her, police said. The incident took place on... read more »
