Mahindra CIE Automotive Limited to acquire Aurangabad Electricals Limited
Mar 12, 2019, at 04:00 pm
Mumbai, Mar 12 (UNI) Mahindra CIE Automotive Limited (MCIE) said that its Board of Directors on Tuesday resolved to acquire the business of AEL through acquisition of 100 pc equity shares for an enterprise value of Rs 8756 million which includes a future deferred payment estimated upto Rs 622 mn.
Kamdhenu Paints rewards top performers at their Dealers’ Meet
Mar 12, 2019, at 11:38 am
Kolkata, Mar 12 (IBNS): Kamdhenu Paints, the fastest growing brand of decorative paint segment of India, organised a dealers’ meet for Kolkata and Siliguri based dealers at Hotel Raichak on Ganges, Kolkata to celebrate their success and felicitate them for their performance.
Fuel gets cheaper, petrol reduces upto 5 paise
Mar 12, 2019, at 11:10 am
New Delhi, Mar 12 (UNI): Fuel prices witnessed a decline on Tuesday.
Mar 11, 2019, at 11:03 pm
Keeping in view the emerging global export opportunities in the field of chemicals, plastics, construction & mining industries and allied products, four of the leading Indian councils have jointly created a mega market place "CAPINDIA" and the 4th edition of this mega event which will be held in Mumbai on March 26-28, 2019.
Bharti AXA Life Insurance hires 10,000 insurance advisors
Mar 11, 2019, at 10:42 pm
Kolkata, Mar 11 (IBNS): Bharti AXA Life Insurance, a joint venture between Bharti Enterprises, one of India’s leading business groups, and AXA, one of the world’s largest insurance companies, recently announced that the company has hired 10,000 insurance advisors and set up 50 new branches across India in the current financial year.
Rupee ends firm at 69.88 versus USD 1-month-high
Mar 11, 2019, at 07:41 pm
Mumbai, Mar 11 (UNI) The Rupee on Monday posted a solid gain of 27 paise to end positive at 69.88 more than one-month-high on fresh foreign inflows and rebounding equity market, dealers at Forex Market said.
Indian market: Sensex regains by 382.67 pts
Mar 11, 2019, at 05:15 pm
Mumbai, Mar 11 (UNI/IBNS) The benchmark index of Bombay Stock Exchange (BSE) on Monday spurted by 382.67 points at 37,054.10 as buying was seen across the board amid positive Asian cues.
Petrol crosses Rs 78 mark; diesel gets cheaper
Mar 11, 2019, at 04:57 pm
New Delhi, Mar 11 (UNI) Petrol prices registered an increase on Monday with the fuel retailing above Rs 78 in Mumbai.
GMR Airports Ltd gets formal LoA from MIHAN India Ltd for Nagpur Airport
Mar 11, 2019, at 04:50 pm
Mumbai, Mar 11 (UNI)GMR Infrastructure Ltd said that it subsidiary GMR Airports Limited (GAL) has received the formal Letter of Award (LOA)from MIHAN India Limited, the Concessioning Authority for the Nagpur Airport.
Russia-US trade fell by 3.8 pc year-on-year to $1.45Bln in Jan: Customs Service
Mar 11, 2019, at 04:32 pm
Moscow, Mar 11 (Sputnik) Trade between Russia and the United States declined by 3.8 per cent year-on-year to $1.45 billion in January, Russia’s Federal Customs Service (FCS) said on Monday.
Russia-China trade dropped by 4.5 pc year-on-year to $8.1Bln in Jan: Customs Service
Mar 11, 2019, at 04:17 pm
Moscow, Mar 11 (Sputnik/UNI) Trade between Russia and China decreased by 4.5 per cent in January compared to the same period last year, totaling $8.07 billion, the Russian Federal Customs Service (FCS) said Monday.
Israel's GDP up 3.3 pct in 2018: report
Mar 11, 2019, at 09:41 am
Jerusalem, Mar 11 (Xinhua/UNI) Israeli gross domestic product (GDP) grew by 3.3 percent in 2018, and the budget deficit took up 3.1 percent of GDP, according to a report published on Sunday by the state's Central Bureau of Statistics.
Tata Motors Group global wholesales at 110,262 in February 2019
Mar 09, 2019, at 03:46 pm
Mumbai, Mar 9 (IBNS): Automobile major Tata Motors Group global on Saturday said its wholesales in February 2019, including Jaguar Land Rover, were at 110,262 nos., lower by 9%, as compared to February 2018.
IMF forecasts 5.5 per cent GDP growth for Uzbekistan in 2019
Mar 09, 2019, at 01:25 pm
Tashkent, Mar 8 (IBNS): International Monetary Fund (IMF) forecasts GDP growth at 5.5 per cent in Uzbekistan in 2019 due to the investment boom in the country but export is likely to weaken, head of IMF mission, reported the media quoting head of IMF mission, Albert Eger.
Subhash Chandra Garg named new finance secretary
Mar 08, 2019, at 07:28 pm
New Delhi, Mar 8 (UNI): Department of economic affairs secretary Subhash Chandra Garg was appointed new finance secretary, the government announced on Friday.
Passenger cars sale decline by 4 pc in Feb '19
Mar 08, 2019, at 04:33 pm
New Delhi, Mar 8 (UNI) The second month of the year witnessed a decline in sales of passenger cars by 4.33 per cent.
Rupee down by 19 paise against USD
Mar 08, 2019, at 12:21 pm
Mumbai, Mar 8 (UNI) The Rupee on Friday slipped by 19 paise at 70.18 against the US Dollar in early trade on rising demand for the American currency by bankers and importers, dealers at forex market said.
Mar 08, 2019, at 12:19 pm
Mumbai, Mar 8 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Friday slipped by 64 points at 36,660.57 following profit booking in Energy, FMCG, Industrials, Telecom, Utilities and Power stocks.
Diesel gets cheaper by 8 to 10 paise; no change in petrol prices
Mar 08, 2019, at 12:15 pm
New Delhi, Mar 8 (UNI) Diesel prices were reduced on Friday by eight to 10 paise while petrol prices remain stagnant.
Karo Sambhav partners with Xiaomi India for e-waste awareness & collection
Mar 07, 2019, at 06:19 pm
New Delhi, Mar 7 (UNI) Karo Sambhav, a tech-enabled Producer Responsibility Organization (PRO), in partnership with Xiaomi India, India’s number one smartphone and smart TV brand on Thursday announced a nationwide awareness programme aimed at developing and implementing responsible electronic waste management solutions across India.
Govt to invest Rs 4500 crore under Regional Connectivity Scheme
Mar 07, 2019, at 02:56 pm
New Delhi, Mar 7 (UNI): The Union cabinet on Thursday decided that the Government would invest Rs 4,500 crore for developing un-served and under-served airstrips of state governments, Airports Authority of India (AAI), civil enclaves, CPSUs, helipads and water aerodromes under its Regional Connectivity Scheme (RCS).
Mar 07, 2019, at 02:54 pm
Kolhapur, Mar 7 (UNI) The prices of M 30 and S 30 grades of sugar rates remained steady in Kolhapur sugar market to Rs 3,280/3,300 and Rs 3,180/3,200 per quintal respectively.
Reference rate fixed at 70.0268 against USD
Mar 07, 2019, at 02:49 pm
Mumbai, Mar 7 (UNI) The Financial Benchmarks India Private Limited (FBIL) on Thursday fixed the reference rate at 70.0268 against the US Dollar down by 55.30 paise over the previous rate of 70.5798.
Mar 07, 2019, at 02:39 pm
Mumbai, Mar 7 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Thursday rallied by 108 points at 36,681.19 as buying was seen Energy, FMCG, Industrials, Telecom, Utilities and Power stocks.
IBBI signs pact with Int'l Finance Corporation for implementation of IBC
Mar 07, 2019, at 02:37 pm
New Delhi, Mar 7 (UNI) The Insolvency and Bankruptcy Board of India (IBBI) has signed a cooperation agreement with the International Finance Corporation (IFC), a Member of the World Bank Group (WBG) to build capacity of the insolvency professionals and its agencies for the the effective implementation of the Insolvency and Bankruptcy Code, 2016.
Mar 07, 2019, at 02:34 pm
Mumbai, Mar 7 (UNI) Following were the indicative currency rates and travellers' cheques buying and selling rates per unit on Thursday.
Rupee up by 17 paise against USD
Mar 07, 2019, at 02:30 pm
Mumbai, Mar 7 (UNI) The Rupee on Thursday ralied by seventeen paise at 70.08 against the US Dollar in early trade on brisk selling of US Dollars by bankers and exporters, dealers at forex market said.
Mar 07, 2019, at 02:28 pm
Chennai, Mar 7 (UNI) Following are the rates in the Chennai Oil Market here today.
Office bearers of CII-IWN nominated
Mar 07, 2019, at 02:26 pm
Puducherry, Mar 7 (UNI) Dr Vanaja Vaithianathan Founder, Medical Director and Ophthalmic Surgeon, Jothi Eye Care Centre has been nominated as the Chairwoman of Confederation of Indian Industry (CII) Indian Women Network (IWN), Puducherry for 2019-20.
Mar 07, 2019, at 02:22 pm
Chennai, Mar 7 (UNI) Following is the bullion markets opening rate here today.