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Latest News
Date: 22/10/2014
Diwali reignites consumer durables space
Diwali reignites consumer durables space According to the Reserve Bank of India, personal loans for consumer durable purchase rose a whopping 51 percent over last year.
Date: 22/10/2014
Deal pipeline looks steady with marginal progress: Wipro
TK Kurien Software services firm Wipro's second quarter (July-September) net profit declined nearly 1 percent sequentially (up 8 percent year-on-year) to Rs 2,098.3 crore dented by higher tax and finance expenses, and reconciling items. Profit in the previous quarter was Rs 2,118 crore.
Date: 22/10/2014
iStreet Network EGM on Nov 19, 2014
iStreet Network EGM on Nov 19, 2014 iStreet Network has informed that the Extra Ordinary General Meeting (EGM) of the Company will be held on November 19, 2014.
Date: 22/10/2014
Goldstone Technologies: Updates on outcome of AGM
Goldstone Technologies: Updates on outcome of AGM Goldstone Technologies has submitted a copy of proceedings of 20th Annual General Meeting (AGM) of the Company held on September 27, 2014.
Date: 22/10/2014
Blue Coast Hotels: Outcome of board meeting
Blue Coast Hotels: Outcome of board meeting Blue Coast Hotels at its meeting held on October 22, 2014, has allotted 38,83,495 Equity Shares of face value of Rs. 10/- each (at a premium of Rs. 93/- per Equity Share) pursuant to conversion of 40,00,000, 1% Cumulative Redeemable Preference Shares of Rs. 100/- each issued earlier to the persons belonging to the Promoter Category.
Date: 22/10/2014
Sarla Performance Fibers: Outcome of board meeting
Sarla Performance Fibers: Outcome of board meeting Sarla Performance Fibers at its meeting held on October 22, 2014, has allotted 14,00,000 Equity Shares of Rs. 10/- each to eligible Qualified Institutional Buyers pursuant to the provisions of Chapter VIII of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 at the Issue Price of Rs. 333.50/- per Equity Shares.
Date: 22/10/2014
Times Guaranty: Updates on outcome of AGM
Times Guaranty: Updates on outcome of AGM Times Guaranty has submitted a copy of the proceedings of the 24th Annual General Meeting (AGM) of the Company held on September 25, 2014.
Date: 22/10/2014
Manappuram Finance Q2 results on Oct 30, 2014
Manappuram Finance Q2 results on Oct 30, 2014 Manappuram Finance board meeting will be held on October 30, 2014, to consider and take on record the Un-Audited Financial Results of the Company for the quarter ended September 30, 2014 (Q2).
Date: 22/10/2014
DCB Bank Q2 results on Nov 01, 2014
DCB Bank Q2 results on Nov 01, 2014 DCB Bank board meeting will be held on November 01, 2014, to consider and approve the Unaudited Financial Results (Provisional) for the 2nd Quarter and the Half Year ended September 30, 2014 (Q2).
Date: 22/10/2014
Tecil Chemicals Hydro Power: Outcome of board meeting
Tecil Chemicals  Hydro Power: Outcome of board meeting Tecil Chemicals Hydro Power at its meeting held on October 22, 2014, took the decisions the Board considered the resignation of Dr. R. S. Sarda from the position of Director. The Board took on record the consent letter of Shri Toby Antony and appointed him as Additional Director of the Company.
Date: 22/10/2014
Nikki Global Finance: Outcome of board meeting
Nikki Global Finance: Outcome of board meeting Nikki Global Finance at its meeting held on October 22, 2014, has discussed the proposal of shifting of registered office within the city at the three proposed places but after detailed discussion, The Board of Directors disapproved the shifting of registered office at the proposed places due to non availability of suitable place.
Date: 22/10/2014
Secure Earth Technologies: Outcome of board meeting
Secure Earth Technologies: Outcome of board meeting Secure Earth Technologies at its meeting held on October 16, 2014, has taken the decisions acceptance of the Resignation of Mr. R. Gowri Shanker. The Board decided to defer the decision of accepting the Resignation of Mr. R. Gowri Shanker from the post of Executive Director - Global Operations Finance to the subsequent Board Meeting.
Date: 22/10/2014
HPCL appoints Sandeep Poundrik as director
HPCL appoints Sandeep Poundrik as director Hindustan Petroleum Corporation has informed that Shri Sandeep Poundrik Joint Secretary (Refineries) has been appointed as a Director in HPCL Board with effect from October 16, 2014. Shri R. K. Singh who was Ex Joint Secretary (Refineries) has ceased to be a Director in HPCL Board effective October 16, 2014.
Date: 22/10/2014
MM Financial: Outcome of board meeting
MM Financial: Outcome of board meeting Mahindra Mahindra Financial Services at its meeting held on October 22, 2014, has considered and approved the proposal for amalgamation of Mahindra Business Consulting Services Private Limited (
Date: 22/10/2014
Shah Foods independent director Chairman Pradip Shah resigns
Shah Foods independent director  Chairman Pradip Shah resigns Shah Foods has informed that Shri Pradip Shah Independent Director and Chairman of the Board has resigned w.e.f. October 01, 2014.
Date: 22/10/2014
Jaitley hints at UPA minister in black money list
Arun Jaitley Finance Minister Arun Jaitley today may have dropped hints that a minister in the previous UPA government could be one of those who had stashed money abroad.
Date: 22/10/2014
Is Diwali proving to be auspicious for automotives?
Farah Bookwala Vhora Dealers claim to have seen a 15-20 percent rise in sales over last year. However, this year sales growth is being viewed very differently by different companies.
Date: 22/10/2014
Most TAC members wanted rate cut, Rajan chose status quo
Most TAC members wanted rate cut, Rajan chose status quo The minutes of the Technical Advisory Committee (TAC) on monetary policy held prior to the RBI's fourth Bi-monthly Monetary Policy on September 30 revealed that four out of seven external members favoured reduction in repo rate.
Date: 22/10/2014
RBI fires warning shots on companies' lack of FX hedging
RBI fires warning shots on companies' lack of FX hedging The RBI's warnings signal its concern that unhedged firms could be a vulnerable link should global markets buckle. The central bank has worked hard to build up its defences after India last year weathered its worst rupee crisis in two decades.
Date: 22/10/2014
BSE shareholders approve merger with United Stock Exchange
BSE shareholders approve merger with United Stock Exchange The two exchanges had agreed to merge with each other in May this year. BSE held around 14.56 per cent stake in USE, which has over two dozen other shareholders.
Date: 22/10/2014
Diwali bash for 4th day, Sensex soars 212 pts; Auto up 3%
Diwali bash for 4th day, Sensex soars 212 pts; Auto up 3% Auto stocks topped the buying list among sectoral indices, up 3 percent as Hero Motocorp rallied 4 percent.
Date: 22/10/2014
DLF-Sebi case: SAT adjourns hearing till Oct 30
DLF-Sebi case: SAT adjourns hearing till Oct 30 After hearing the petition, filed by the country's largest real estate developer last week, the Tribunal adjourned the matter till October 30 next week, as it sought a response from capital markets regulator Sebi on DLF's plea for an interim relief.
Date: 22/10/2014
HCL Tech bags multi-million dollar IT deal from De Beers
HCL Tech bags multi-million dollar IT deal from De Beers Leveraging its Enterprise of Future (EoF) offering, HCL will deliver end-to-end solutions including data centre operations, multi-lingual service desk, LAN management, security services, service management including tools, desk side support and project services to transform De Beers' IT infrastructure across the globe, it said in a statement.
Date: 22/10/2014
Sensex up 212 pts, Nifty below 8000 ahead of Mahurat trade
Sensex up 212 pts, Nifty below 8000 ahead of Mahurat trade Cipla, Hero MotoCorp, Bajaj Auto, Tata Motors and Maruti Suzuki are top gainers in the Sensex. Among the losers are ONGC, ITC, NTPC, ICICI Bank and Bhart Airtel.
Date: 22/10/2014
Aim to boost sales; margins will remain under pressure: TBZ
Prem Hinduja "We have seen an improvement in walk- ins and pent up demand is also helping," Prem Hinduja, MD, Tribhovandas Bhimji Zaveri said.
Date: 22/10/2014
Nifty still below 8000; gold near 6-wk high on Diwali glow
Nifty still below 8000; gold near 6-wk high on Diwali glow Hero, Bajaj Auto, Tata Motors,, Maruti Suzuki and LT are top gainers in the Sensex. Among the losers are ONGC, Hindalco, NTPC, Coal India and ICICI Bank.
Date: 22/10/2014
Softness in inflation may continue till November: ICRA
Aditi Nayar Aditi Nayar, Economist, ICRA feels that it is too early to say that the current trend of improving industrial production (IIP) and easing inflation will sustain for long.
Date: 22/10/2014
Market in Diwali mood, Sensex surges; Kotak Mah Bank up 5%
Market in Diwali mood, Sensex surges; Kotak Mah Bank up 5% Kotak Mahindra Bank jumped nearly 5 percent on strong profitability and stable asset quality performance in Q2. Private sector lender's second quarter standalone profit after tax rose 26 percent year-on-year to Rs 444.5 crore led by strong other income and lower provisions.
Date: 22/10/2014
Sales momentum in white goods continues: Voltas, Whirlpool
Shantanu Dasgupta In the air conditioners segment, Voltas has grown by over 20 percent
Date: 22/10/2014
ICICI Pru Dynamic Bond Fund announces change in exit load
ICICI Pru Dynamic Bond Fund announces change in exit load ICICI Prudential Dynamic Bond Fund announces change in exit load structure, with effect from November 01, 2014.
Date: 22/10/2014
Sensex, Nifty gain ahead of Diwali; SBI, ITC laggards
Sensex, Nifty gain ahead of Diwali; SBI, ITC laggards Hero, Tata Motors, Bajaj Auto, BHEL and Cipla are top gainers while ONGC, Coal India, Tata Power, SBI and ITC are laggards.
Date: 22/10/2014
ICICI Prudential MF announces change in exit load structure
ICICI Prudential MF announces change in exit load structure ICICI Prudential Constant Maturity Gilt Fund announces change in exit load structure, with effect from October 27, 2014.
Date: 22/10/2014
Mutual Funds soar led by positive market rally
Mutual Funds soar led by positive market rally Equity and Debt Mutual Funds surge as market rallied for the third consecutive session on Tuesday with the benchmark Nifty closing above the 7900 level supported by banks, metals, auto and capital goods stocks.
Date: 22/10/2014
Fears for tough penalties grow as India cleans up business
Fears for tough penalties grow as India cleans up business The result has been a slide over the past week in shares of firms known to be under investigation - adding to what was already a year-long weakness in the stocks of companies seen as tied to the Congress party, which was ousted from power in May.
Date: 22/10/2014
Sensex, Nifty celebrate Diwali; Hero, Tata Motors gainers
Sensex, Nifty celebrate Diwali; Hero, Tata Motors gainers Hero Motocorp topped the buying list, up over 3 percent as the two-wheeler maker expects to clock close to 1.5 lakh in retail sales on October 21. "Dhanteras sales of 1.5 lakh will be 40-50 percent growth (YoY)," it said.
Date: 22/10/2014
Go long on mkt now, shift stop loss to 7950: Sukhani
Sudarshan Sukhani Sukhani prefers to stay with Nifty stocks like IT, pharma, FMCG and capital group, LT, BHEL, everything except the Bank Nifty for the day.
Date: 22/10/2014
Diwali dhamaka: Sensex zooms over 200 pts, Nifty nears 8000
Diwali dhamaka: Sensex zooms over 200 pts, Nifty nears 8000 The Indian rupee has opened at 61.15 a dollar, up 16 paise compared to previous day's closing value of 61.31 per dollar on hopes of strong trade in equity market.
Date: 22/10/2014
Tribunal to hear DLF's plea against Sebi order
Tribunal to hear DLF's plea against Sebi order In a major blow to DLF, the order had been passed by Securities and Exchange Board of India (Sebi) for "active and deliberate suppression" of material information at the time of its IPO over seven years ago.
Date: 22/10/2014
Dhanteras gold, silver sales surge up to 30% on lower costs
Dhanteras gold, silver sales surge up to 30% on lower costs Gold prices are ruling at Rs 27,925 per 10 grams in the national capital, about 11 percent lower than Rs 31,300 per 10 grams on Dhanteras day in 2013.
Date: 21/10/2014
GMR Infrastructure: Updates on outcome of AGM
GMR Infrastructure: Updates on outcome of AGM GMR Infrastructure has submitted a copy of the proceedings of the 18th Annual General Meeting of the Company held on September 18, 2014.
Date: 21/10/2014
Gold Coin Health Foods: Updates on outcome of AGM
Gold Coin Health Foods: Updates on outcome of AGM Gold Coin Health Foods has submitted a copy of minutes of the 25th Annual General Meeting (AGM) of the Company held on September 26, 2014.
Date: 21/10/2014
Suryakrupa Finance appoints directors
Suryakrupa Finance appoints directors Suryakrupa Finance has informed that the directors are appointed on the Board of the Company w.e.f. October 13, 2014. Mr. Maulin, B. Acharya, Mr. Narendrasinh D. Rana and Mr. Ashok Kumar Dudi.
Date: 21/10/2014
Sinnar Bidi Udyog appoints Bharti Subhash Sancheti as Directorship
Sinnar Bidi Udyog appoints Bharti Subhash Sancheti as Directorship Sinnar Bidi Udyog has informed that Ms. Bharti Subhash Sancheti has been appointed as an Additional Director w.e.f. September 26, 2014.
Date: 21/10/2014
KPIT Technologies: Outcome of board meeting
KPIT Technologies: Outcome of board meeting KPIT Technologies at its meeting held on October 21, 2014, has approved the Appointment of Mr. Anant Talaulicar as an additional director upon acceptance of his resignation as a Cummins nominee director. Appointment of Mr. Dwayne Allen as an alternate director and upon acceptance of his resignation as a Cummins nominee alternate director.
Date: 21/10/2014
Tata Global Beverages Q2 results rescheduled on Nov 05, 2014
Tata Global Beverages Q2 results rescheduled on Nov 05, 2014 Tata Global Beverages has now informed that the Board of Directors of the Company will now meet on November 05, 2014, instead of October 31, 2014, inter alia, to consider and approve the Standalone Financial Results and the Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2014.
Date: 21/10/2014
Farmax India's board meeting on Oct 25, 2014
Farmax India's board meeting on Oct 25, 2014 Farmax India's board meeting will be held on October 25, 2014, inter alia, to consider and approve the Resignation of Independent Directors.
Date: 21/10/2014
MSR India's board meeting on Oct 25, 2014
MSR India's board meeting on Oct 25, 2014 MSR India board meeting will be held on October 25, 2014, inter alia, to consider and approve the Resignation of Independent Director.
Date: 21/10/2014
Roopa Industries appoints D. Manoranjani as Company Secretary and CO
Roopa Industries appoints D. Manoranjani as Company Secretary and CO Roopa Industries has informed that the Company have appointed Mrs. D. Manoranjani, Company Secretary as Compliance Officer of the Company with immediate effect as per Listing Agreement in place of Sri VJ Sarma, Executive Director.
Date: 21/10/2014
Mold-Tek Packaging: Updates on outcome of AGM
Mold-Tek Packaging: Updates on outcome of AGM Mold-Tek Packaging Ltd has submitted to BSE a copy of minutes of the 17th Annual General Meeting (AGM) of the Company held September 30, 2014.
Date: 21/10/2014
Dr Datson Labs: Outcome of board meeting - Updates on FCCBs
Dr Datson Labs: Outcome of board meeting - Updates on FCCBs Dr.Datsons Labs has informed that the Company has closed its FCCB Issue on October 21, 2014. The said issue was opened for subscription on October 17, 2014. As decided in the Meeting of the Board of Directors of the Company held on October 21, 2014, the Board of Directors has allotted 130 Bonds of US0,000 each aggregating US$ 13 million.
Date: 21/10/2014
ASM Technologies consider interim dividend
ASM Technologies consider interim dividend ASM Technologies board meeting will be held on October 29, 2014, to consider and take on record the Audited Financial Results (standalone) Unaudited Financial Result (consolidated) of the Company for the quarter ended September 30, 2014 and to consider declaration of Interim dividend.
Date: 21/10/2014
Gujarat Fluorochemicals: Outcome of board meeting
Gujarat Fluorochemicals: Outcome of board meeting Gujarat Fluorochemicals has informed that at the meeting of the Board of Directors of the Company held on October 21, 2014, Shri Rajagopalan Doraiswami is appointed as an Additional and Independent Director of the Company.
Date: 21/10/2014
Mahindra CIE Automotive: Outcome of board meeting
Mahindra CIE Automotive: Outcome of board meeting Mahindra CIE Automotive at its meeting held on October 21, 2014, has approved the Issue and allotment of 81,875 Equity Shares of face value of Rs. 10/- Consequent to the allotment the paid up capital of the Company has been increased from Rs. 932,542,760/- to Rs. 933,361,510.
Date: 21/10/2014
RBI redistributes work among Deputy Governors
RBI redistributes work among Deputy Governors The Reserve Bank, which is in the process of restructuring some of its departments, today redistributed work among its four Deputy Governors. It said that consequent on reorganisation of the departments/work areas in the Reserve Bank effective November 3, 2014, the portfolios of the Deputy Governors has been redistributed.
Date: 21/10/2014
TRAI seeks more information on availability of 3G spectrum
TRAI seeks more information on availability of 3G spectrum "TRAI will not be in a position to go ahead with the consultation process in the absence of full information with regard to total availability of the spectrum in the 2100 MHz band (3G). Therefore, DoT is requested to indicate the decision regarding the above at the earliest," TRAI said in a letter to DoT.
Date: 21/10/2014
Battle for MCFL set to escalate; Deepak raises stake to 32%
Battle for MCFL set to escalate; Deepak raises stake to 32% "We are in very comfortable position. Zuari and UB group still have edge over Deepak Fertilisers, but takeover battle for MCFL is not over," a top Zuari Group official.
Date: 21/10/2014
Nifty gains for 3rd day, ends above 7900; Wipro surges 3%
Nifty gains for 3rd day, ends above 7900; Wipro surges 3% Software services exporter Wipro climbed 3 percent ahead of earnings. CNBC-TV18 poll expects dollar revenue to jump 2.45 percent sequentially to USD 1783 million in September quarter.
Date: 21/10/2014
Falling global crude prices bolster economic outlook
Falling global crude prices bolster economic outlook In China, a short hop across the Himalayas, slumping consumer demand has sparked fears of deflation as it wrestles with flagging global economic growth.
Date: 21/10/2014
Decision to deregulate diesel credit positive: Moody's
Decision to deregulate diesel credit positive: Moody's "The decision to fully deregulate diesel prices signals fiscal discipline on the part of the sovereign, which we view as credit positive," Moody's said in a note.
Date: 21/10/2014
Lupin scouts for acquisitions in US
Lupin scouts for acquisitions in US Terming the US as a high growth market for the company, the Mumbai-based firm said it aims to grow at around 25 percent in the world's largest drug market.
Date: 21/10/2014
Retailers see 25% demand uptick on festive fervour
Rakesh Biyani In an interview to CNBC-TV18, Rakesh Biyani, Jjoing managing director, Future Group and Nilesh Gupta, managing partner, Vijay Sales share their outlook on this festive season and what it may mean in terms of sales.
Date: 21/10/2014
SpiceJet announces another low-fare offer of Rs 899
SpiceJet announces another low-fare offer of Rs 899 While tickets can be booked at low fares till October 26, the travel period would be between November 1 and December 15, a spokesperson of the airline said.
Date: 21/10/2014
Govt orders Financial Technologies-NSEL merger; stk slides
Govt orders Financial Technologies-NSEL merger; stk slides The announcement sent Financial Technologies shares crashing 20 percent to Rs 169, with trading being frozen after there were only sellers in the stock
Date: 21/10/2014
Govt orders merger of NSEL with Financial Technologies
Govt orders merger of NSEL with Financial Technologies Issuing a draft order for the proposed merger, the government today said the move has been decided upon in "public interest".
Date: 21/10/2014
Gear up for Diwali: Sensex up 146pts, Nifty ends above 7900
Gear up for Diwali: Sensex up 146pts, Nifty ends above 7900 Financial Technologies tanked 20 percent after the government issued draft order for merger of NSEL with company, saying the entire business of NSEL will be transferred to Financial Technologies.
Date: 21/10/2014
Sensex, Nifty sluggish; PNB, HDFC Bank in focus post Q2 nos
Sensex, Nifty sluggish; PNB, HDFC Bank in focus post Q2 nos Both PNB and HDFC Bank are in focus after it announced July-September quarter earnings. PNB is down around 1 percent as its asset quality worsened in the quarter. HDFC reported net interest margin at 4.5 percent with net profit at Rs 2380 crore. The stock is up 1 percent.
Date: 21/10/2014
Sensex, Nifty erase gains on decline in heavyweights
Sensex, Nifty erase gains on decline in heavyweights State-run ONGC fell nearly 3 percent on profit taking. Shares of ITC, Infosys, HDFC, Reliance Industries, Mahindra and Mahindra, Coal India and Dr Reddy's Labs declined 0.7-1.9 percent.
Date: 21/10/2014
Govt likely to move GST Bill in Winter Session
Govt likely to move GST Bill in Winter Session According to sources, the government may release the first tranche of CST (Central Sales Tax) arrears, up to Rs 12,000 crore, to states in the Winter Session.
Date: 21/10/2014
Sensex up 150 pts, Bank Nifty at life high; ITC falls 1%
Sensex up 150 pts, Bank Nifty at life high; ITC falls 1% The Bank Nifty is at a lifetime high today outperforming the Nifty month-to-date in October with a gain of 6.7 percent in the month versus a 0.44 percent gain for the Nifty. HDFC Bank and PNB also trade higher ahead of Q2 earnings today.
Date: 21/10/2014
Legal framework needs to be put in place for Aadhaar: Govt
Anurag Jain Anurag Jain believes subsidy can also be provided without a compulsion of Aadhaar card as money can be directly transferred into bank accounts of individuals.
Date: 21/10/2014
MF NAVs surge as markets end higher on govt reforms
MF NAVs surge as markets end higher on govt reforms Equity and debt Mutual Funds across domain advanced as equity benchmarks started of the Diwali week with more than a percent gain on Monday, rejoicing after the BJP election win, diesel deregulation and gas price hike announced over the weekend.
Date: 21/10/2014
ICICI Pru MF launches Multiple Yield Fund - Sr 8 -1824 Days
ICICI Pru MF launches Multiple Yield Fund - Sr 8 -1824 Days ICICI Prudential MF launches ICICI Prudential Multiple Yield Fund - Series 8 - Plan A, a close ended income fund that seek to generate returns by investing in a portfolio of fixed income securities/ debt instruments and in equity and equity related instruments.
Date: 21/10/2014
Taurus Dynamic Income Fund announces change in exit load
Taurus Dynamic Income Fund announces change in exit load Taurus Dynamic Income Fund announces change in exit load, with effect from October 20, 2014.
Date: 21/10/2014
Nifty above 7900, Sensex strong; ONGC, Coal India slip
Nifty above 7900, Sensex strong; ONGC, Coal India slip ICICI Bank, HDFC Bank, Tata Motors, Larsen and Toubro, State Bank of India, Axis Bank, Bharti Airtel, Wipro and Tata Steel jumped 1-1.7 percent. However, ONGC and Coal India were top losers, falling over a percent followed by ITC with 0.7 percent loss.
Date: 21/10/2014
Sensex, Nifty flat; Sesa Sterlite, NTPC, Hindalco gainers
Sensex, Nifty flat; Sesa Sterlite, NTPC, Hindalco gainers Sesa Sterlite, NTPC, Hindalco, Cipla and Tata Steel are top gainers in the Sensex. Among the losers are ONGC, Coal India, HUL, MM and Sun Pharma.
Date: 20/10/2014
It's time to wake APP and smell the coffee
It's time to wake APP and smell the coffee A tiny little app can do wonders for your business by driving up productivity and customer engagement in a cost-effective manner
Date: 20/10/2014
Crude slips on global supply concerns
Crude slips on global supply concerns Crude slips on global supply concerns
Date: 20/10/2014
Hero MotoCorp inaugurates unit in Rajasthan
Hero MotoCorp inaugurates unit in Rajasthan The country's largest motorcycle manufacturer, Hero MotoCorp, officially inaugurated its fourth facility in the country, which is in Rajasthan's Neemrana area. Farah Bookwala-Vohra and Gopika Gopakumar report on how this facility fits into the company's vision to build 20 plants around the world by 2020.
Date: 20/10/2014
Hero MotoCorp inaugurates unit in Rajasthan
Hero MotoCorp inaugurates unit in Rajasthan The country's largest motorcycle manufacturer, Hero MotoCorp, officially inaugurated its fourth facility in the country, which is in Rajasthan's Neemrana area. Farah Bookwala-Vohra and Gopika Gopakumar report on how this facility fits into the company's vision to build 20 plants around the world by 2020.
Date: 20/10/2014
Kansal Fibres' board meeting on Oct 22, 2014
Kansal Fibres' board meeting on Oct 22, 2014 Kansal Fibres' board meeting will be held on October 22, 2014, to transact business Forfeiture of 227800 Equity Shares issued in the Public Issue held in the year 1995.
Date: 20/10/2014
Oscar Investments: Updates on outcome of AGM
Oscar Investments: Updates on outcome of AGM Oscar Investments has submitted a copy of the Minutes of the 36th Annual General Meeting of the Company held on September 30, 2014.
Date: 20/10/2014
Forex - USD/JPY softens on global growth concerns
Forex - USD/JPY softens on global growth concerns Forex - USD/JPY softens on global growth concerns
Date: 20/10/2014
Forex - EUR/USD gains as investors readjust Fed rate hike forecasts
Forex - EUR/USD gains as investors readjust Fed rate hike forecasts Forex - EUR/USD gains as investors readjust Fed rate hike forecasts
Date: 20/10/2014
Govt brings in ordinance to e-auction cancelled coal mines
Govt brings in ordinance to e-auction cancelled coal mines In a move to decide the fate of coal blocks that were de-allocated by the Supreme Court recently, the government on Monday proposed an ordinance to allow e-auction of mines to private players while adding that state-run companies would be allocated mines directly.
Date: 20/10/2014
Govt brings in ordinance to e-auction cancelled coal mines
Arun Jaitley In a move to decide the fate of coal blocks that were de-allocated by the Supreme Court recently, the government on Monday proposed an ordinance to allow e-auction of mines to private players while adding that state-run companies would be allocated mines directly.
Date: 20/10/2014
Dollar off highs against yen, euro steady
Dollar off highs against yen, euro steady Dollar off highs against yen, euro steady
Date: 20/10/2014
Indirect tax mop-up growth crawls; but why FM isn't worried
Indirect tax mop-up growth crawls; but why FM isn't worried The government will see a significant shortfall in indirect tax collection in this financial year. CNBC-TV18‚??s Sapna Das reports that net growth in indirect taxes is likely to be 6 percent versus a budgeted growth of 25 percent in FY15.
Date: 20/10/2014
Indirect tax mop-up growth crawls; but why FM isn't worried
Indirect tax mop-up growth crawls; but why FM isn't worried The government will see a significant shortfall in indirect tax collection in this financial year. CNBC-TV18‚??s Sapna Das reports that net growth in indirect taxes is likely to be 6 percent versus a budgeted growth of 25 percent in FY15.
Date: 20/10/2014
BLB appoints Dhwani Jain as additional independent director
BLB appoints Dhwani Jain as additional independent director BLB has informed that Smt. Dhwani Jain has been appointed as the Additional Woman Independent Director of the Company w.e.f. October 20, 2014.
Date: 20/10/2014
Ansal Housing Construction: Updates on outcome of AGM
Ansal Housing  Construction: Updates on outcome of AGM Ansal Housing Construction has submitted a copy of minutes of 30th Annual General Meeting of the Company held on September 25, 2014.
Date: 20/10/2014
MM Forgings: Outcome of board meeting
MM Forgings: Outcome of board meeting MM Forgings has informed that persons, have sent a letter requesting them to remove from the Promoters list of the Company. Mrs. Meenakshi Subramaniam Srivatsan Subramaniam and Mrs. Vasanthi Srivatsan, Vishnu Srivatsan.
Date: 20/10/2014
Atlas Cycles appoints Sanjiv Kavaljit Singh as director
Atlas Cycles appoints Sanjiv Kavaljit Singh as director Atlas Cycles (Haryana) has informed that the Board of Directors of the Company has appointed Mr. Sanjiv Kavaljit Singh S/o Late Sh. Sardar Kavaljit Singh R/o E-104, Malcha Marg, New Delhi - 110021, as an independent Director to expend the Board of Directors of the Company.
Date: 20/10/2014
Shipping Corporation of India: Updates on outcome of AGM
Shipping Corporation of India: Updates on outcome of AGM Shipping Corporation of India has submitted a copy of minutes of the proceedings of the 64th Annual General Meeting (AGM) of the Company held on September 24, 2014.
Date: 20/10/2014
Diwali bonanza expected for troubled power sector today
Rituparna Bhuyan According to sources, the Union Cabinet in a meeting is likely to discuss criticial issues relating to the power sector, such as de-nationalization of coal, pooling of coal and gas prices and as well as direction on the fate of de-allocation coal blocks.
Date: 20/10/2014
AI to get Rs 6000cr capital infusion from govt this fiscal
AI to get Rs 6000cr capital infusion from govt this fiscal State-owned Air India will get around Rs 3,000 crore more in the later part of this fiscal from the government towards capital infusion and the ailing carrier is expected to make perational profits from the next financial year, a top official of the Ministry of Civil Aviation said.
Date: 20/10/2014
CavinKare to foray into organised retail
CavinKare to foray into organised retail Cavin's Parlours would offer products across the Group's presence in dairy, beverage, snacks and food segments and also serve as stockist for neighbouring retail stores, a company statement said.
Date: 20/10/2014
Insurance Bill to be taken up in Winter Session: FinMin
Insurance Bill to be taken up in Winter Session: FinMin The reform, according to experts, is expected to increase the flow of foreign investment to the tune of Rs 25,000 crore into the private insurance companies. The move would help insurance firms to get much needed capital from overseas partners.
Date: 20/10/2014
Sensex scores triple century on govt reforms; ONGC up 5%
Sensex scores triple century on govt reforms; ONGC up 5% All sectoral indices barring IT ended higher today. BSE Auto, Capital Goods, Oil Gas, Bank, Metal, Power and Healthcare indices gained 1-2 percent.
Date: 20/10/2014
Tata Steel's recent plans credit positive: Moody's
Tata Steel's recent plans credit positive: Moody's Tata Steel's decision to sell its long product business in the UK and its bank debt refinance plan will be credit positive and alleviate funding pressure, Moody's Investors Service said today.
Date: 20/10/2014
Motilal Oswal MF announces change in exit load structure
Motilal Oswal MF announces change in exit load structure Motilal Oswal MOSt Shares 10 Year Gilt Fund announces change in exit load structure, with effect from October 20, 2014.
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