Sensex plunges 422 points; auto stocks drop

Sensex plunges 422 points; auto stocks drop

Sensex plunges 422 points; auto stocks dropMumbai, Jan 6 (IANS) A benchmark index of Indian equities markets Tuesday plunged 422.15 points or 1.52 percent as auto stocks plummeted.All the sectors were trading in red. Heavy selling pressure was seen in auto, banking, capital goods, healthcare, IT, metal, oil and gas and consumer durables sectors. The 30-scrip […]

Sensex surges 236 points; auto stocks gain

Sensex surges 236 points; auto stocks gain

Mumbai, Dec 29 (IANS) A benchmark index of Indian equities markets Monday surged 236.12 points or 0.87 percent as auto stocks gained.All the sectors were trading in green and the rally was led by the auto, banking, metal, healthcare, capital goods and IT sectors.The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which […]

Sensex up 47 points; banking stocks gain

Sensex up 47 points; banking stocks gain

Mumbai, Dec 24 (IANS) A benchmark index of Indian equities markets Wednesday was trading 46.71 points or 0.17 percent as banking stocks gained.Good buying was observed in banking and fast moving consumer goods (FMCG) sectors, while marginal selling pressure was seen in IT sector.The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which […]

Sensex surges 294 points; banking stocks gain

Hike in Sensex Market

Mumbai, Dec 18 (IANS) A benchmark index of Indian equities markets Thursday surged 294.47 points or 1.10 percent as banking stocks gained.All the sectors were trading in green and the rally was led by banking, capital goods, consumer durables, auto, metal, healthcare and oil and gas sectors.The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock […]

$1.1 bn World Bank loan for eastern freight corridor

$1.1 bn World Bank loan for eastern freight corridor

  New Delhi, Dec 12 (IANS) The government said Friday it had entered into an agreement with the World Bank for $1.1 billion loan for developing the Eastern Dedicated Freight Corridor (EDFC)-II .According to the finance ministry, the agreement was signed Thursday to implement the EDFC-II project to augment rail transport capacity, improve service quality and […]

General Motors announces $3.6 bn investment in Mexico

General Motors announces $3.6 bn investment in Mexico

Mexico City, Dec 12 (IANS/EFE) US auto giant General Motors(GM) Thursday announced $3.6 billion in investment to be made in Mexico BY 2018.the funds will be mainly used for moderniSing and expanding the firm’s manufacturing plants in the cities of Toluca, Ramos Arizpe, Silao and San Luis Potosi.At a ceremony at the Los Pinos presidential residence, […]

ICC teams up with SAP to bring fans closer to the game

ICC teams up with SAP to bring fans closer to the game

Dubai, Dec 1 (IANS) The International Cricket Council (ICC) Monday announced a partnership with SAP SE, a worldwide leader in enterprise application software services, as its exclusive Analytics and Cloud Partner for the One-Day International (ODI) World Cup 2015. “The partnership, which starts immediately and runs through to the end of the tournament, will see […]

Mary Kom to vie for Asiad boxing gold

Mary Kom to vie for Asiad boxing gold

Incheon, Sep 30 (IANS) India’s M.C. Mary Kom secured a berth in the gold medal bout of the women’s flyweight (48-51kg) after a convincing win in the semi-final of the 17th Asian Games here Tuesday. The 31-year-old Indian beat Vietnam’s Le Thi Bang by a unanimous 3-0 decision to enter the final. The five-time world […]

OPEC daily basket price closes tad higher

OPEC daily basket price closes tad higher

Vienna, Sep 26 (IANS/WAM) The basket of 12 crude oils of the Organization of Petroleum Exporting Countries (OPEC) closed at $94.25 a barrel Thursday, compared to $94.18 a barrel Wednesday, the OPEC Secretariat said.The new OPEC reference basket comprises Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es […]

Business on agenda as Modi leaves today for US visit

Business on agenda as Modi leaves today for US visit

  New Delhi, Sep 24 Prime Minister Narendra Modi leaves Thursday on a five-day much anticipated visit to the US, during which he will address the UN General Assembly and also hold a summit meeting with US President Barack Obama which would see trade and investment high on the agenda. The visit to the US […]