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Updated: Jul 23, 2014 04:56 PM
Tata Consultancy Services has become the first Indian company with a market capitalisation of Rs 5 lakh crore. Shares of TCS, which hit their 52-week high on the bourses today, closed 2.21 per cent higher at Rs 2,586.9. At the closing price, TCS’
Updated: Jul 23, 2014 02:10 PM
Honda Cars India on Wednesday launched its multiutility vehicle Mobilio at Rs 6.49 lakh onwards. Petrol version ranges from Rs 6.49 lakh to Rs 8.76 lakh while the diesel variants range from Rs 7.89 lakh to Rs 10.86 lakh. The new vehicle is available i
Updated: Jul 23, 2014 04:55 PM
IT stocks steal the show on positive US economic data The Sensex gained 122 points on sustained buying by institutional and retail investors. IT stocks moved up on positive economic data from the US, the biggest outsourcing market for the Indian IT comp
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Nobody knows facts of the incident, says Venkaiah Naidu Opposition protests broke out in both Houses on Wednesday over a report published in a national daily alleging that 11 Shiv Sena MPs had force-fed a chapaati to a catering supervisor who was observ
16 minutes ago
Kirloskar Brothers Limited’s Dewas plant has been recognised as a ‘Green Company’ by the Green Business Centre (GBC) of the Confederation of Indian Industry (CII) in compliance with its Green Company Rating System. The GreenCo rating s
16 minutes ago
BGR Energy Systems Ltd has bagged contracts worth ₹303 crore spread across a range of sectors, including power, water, and oil and gas. BGR Energy, a construction contract company in power projects, is diversifying into a range of sectors followin
20 minutes ago
With an eye on growing its 3G data-enabled services business, Aircel has tied up with the mobile handset maker Micromax to launch the latter's new 3G smartphone – Canvas Beat. Announcing the launch here today, K Sankara Narayananon, Strategic Busi
21 minutes ago
Karvy Finance has introduced vehicle loans of up to Rs 10 lakh for small commercial vehicles. The loans with tenure of 1 to 5 years will be offered to small-size vendors, distributors & wholesalers for captive use and to small transport business own
Jul 23, 2014 11:00 AM
Riddhi Siddhi Gluco Biols shares jumped in early trade to hit a 52-week high on the BSE after the shareholders approved the buyback proposal of equity shares at a price of Rs 450 a share through the tender offer. After hitting a high of Rs 423.8, the st
Jul 23, 2014 09:48 AM
The rupee was trading strong by 13 paise at 60.12 against the dollar at 2.37 p.m. local time. The rupee opened strong by 10 paise at 60.15 per dollar against the previous close of 60.25 on the back of a higher opening in the domestic equity market. De
Jul 22, 2014 10:56 PM
Economy growth will be a driving factor for investors to put their money in other asset class Half way through 2014, markets remain confused where gold prices are headed. Investors are still in dilemma and are now looking at fresh set of factors that wil
Jul 22, 2014 10:50 PM
Wheat futures contract traded on the NCDEX has reversed sharply higher over the last one month after recording a low of ₹1,465 a quintal on June 10. The contract is up about 10 per cent from this level. The contract has also breached its 200-day
Jul 23, 2014 03:29 PM
BMW Group India on Wednesday launched the all-new ActiveHybrid 7 priced at Rs 1.35 crore (ex-showroom). The new luxury car integrates highly efficient combustion engine and energy-saving electric motor to increase the efficiency while delivering the dri
Jul 23, 2014 04:06 PM
Honda Motorcycle and Scooter India (HMSI) has introduced a refreshed version of its 125cc motorcycle, CB Shine. The motorcycle was first launched in 2006. The refreshed CB Shine now comes in new standout graphics and two new colours – Pearl Amazin
Jul 23, 2014 11:33 AM
Airline will fly into profit zone 'in three years' Jet Airways Chairman, Naresh Goyal, today said the airline will look to operate non-stop flights to Europe, China and Australia. Addressing a press conference, Goyal said Jet Airways will also roll ou
Jul 22, 2014 10:22 PM
Govt to provide ₹14,000-cr subsidies to manufacturers The National Electric Mobility Mission Plan (NEMMP) 2020 is expected to be rolled out in the next three-five months.Under the plan, the Government will provide subsidies worth ₹14,000 cror
Jul 22, 2014 10:18 PM
The Cabinet will decide on Wednesday whether India would ratify a trade facilitation pact at the World Trade Organisation (WTO).India has been warning developed countries that it would not give its consent to the agreement, a decision that was taken at a m
Jul 22, 2014 10:38 PM
Will strive to get ₹35,000 cr blocked in litigations released: Environment Minister Promising development without destruction of environment, the Government on Tuesday said it would simplify procedures for green clearances while stepping up effort
Jul 22, 2014 08:19 PM
Kotak Mahindra’s 15 per cent acquisition in MCX reflects the value in commodity exchanges Financial Technologies India Ltd’s offloading of 15 per cent stake in MCX to Kotak Mahindra Bank is good news for commodity derivatives trading in India
Jul 22, 2014 11:16 PM
The project is now on schedule and expected to be operational by 2016 If Mother Nature doesn’t interrupt, the first trial landing at the Kannur airport will take place in December next year,” says Kannur International Airport Limited (KIAL) M
Jul 22, 2014 11:13 PM
As many as 15 new airports have been cleared by the Centre over the last several years. Most are progressing at snail’s pace, says Ashwini Phadnis Ram Narain, a peasant in North Goa, prayed every day for an airport close to his village. It would sa
Jul 22, 2014 11:18 PM
Differences between politicians and bureaucrats have put paid to the modernisation of many airports Building new airports is just one part of the big picture. Probably realising the multiplier effect of the aviation sector on the economy, the Manmohan Si
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