Sensex closes 587 points down on weak GDP data
MUMBAI: Renewed fears about the slowing Chinese economy, combined with the less-than-expected doemstic GDP growth for June quarter, spooked Dalal Street investors on Tuesday. As a result, the sensex lost 587 points (or 2.2%) to close at 25,696 with 29 of the 30 of its components in the red. On the... read more »
Gold tops Rs 27,000-mark on global cues, seasonal demand
Rising for the third straight day, gold regained the Rs 27,000-mark by gaining Rs 200 at the bullion market today in line with a firm global trend amid pick up in wedding season buying by jewellers. Silver too continued its upward journey and rose by Rs 150 to Rs 35,150 per kg on increased offtake... read more »
Ashok Leyland Sales Up 39% at 11,544 Units in August
New Delhi: Hinduja Group flagship company Ashok Leyland today reported a 38.53 per cent increase in total sales at 11,544 units in August as against 8,333 units in the same month last year. Sales of heavy and medium commercial vehicles jumped 52.65 per cent to 8,903 units in August as against 5,832... read more »
Total telephone subscriber base rises to 100.69 crore
The total telephone subscriber base in the country rose marginally to reach 100.69 crore at the end of June, sectoral regulator TRAI said today. The subscriber base stood at 100.20 crore at the end of May, Telecom Regulatory Authority of India (TRAI) said. The wireless base (GSM and CDMA) rose 0.51... read more »
Delhi based travel agent arrested for cheating British Airways
A Delhi based travel agent was arrested on Thursday for allegedly siphoning off 20 million mileage points or Avios awarded to frequent fliers of the British Airways. The Crime Branch of the... read more »
Bombay HC grants partial relief to Vijaypat Singhania
Mumbai: The Bombay high court on Friday said Vijaypat Singhania, chairman emeritus of Raymond Group, can transfer his shareholding in Raymond Ltd to his son Gautam Hari Singhania.... read more »
Patna: BJP president Amit Shah trapped in elevator, rescued
BJP president Amit Shah along with his party’s Bihar in-charge Bhupendra Yadav and Saudan Singh got stuck in a lift at the state guest house in Patna on Thursday night. The incident... read more »
Monnet Ispat & Energy rebounds from 3-month lows on plans to take measures to cut dow...
Monnet Ispat & Energy, a steel maker, rebounded from 3-month lows on news that the company may sell off stakes in units in a bid to cut down on debt payments. Monnet said it was in... read more »
Toyota to buy 13 mn air-bag inflators from Takata rival
Toyota Motor Corp, in a bid to reduce its risk from potentially lethal air-bag inflators supplied by Takata Corp, will buy millions of them from smaller parts maker Nippon Kayaku Co, people familiar... read more »
