Gold gains 230 on global cues, seasonal demand
Snapping its nine-day losing streak, gold prices recovered by Rs. 230 to Rs. 28,260 per 10 grams in the national capital on Tuesday on a firming trend overseas and emergence of buying by jewellers and retailers at existing levels. Silver also rose by Rs. 400 to Rs. 43,000 per kg on increased... read more »
M&M, Tata Motors to challenge CCI order
Tata Motors and Mahindra & Mahindra on Tuesday said they would challenge the Competition Commission of India (CCI) penalty on them for violation of trade norms in the spare parts and after services market. The CCI, in its 251-page order dated August 25, 2014, had imposed a total penalty of... read more »
Ratan Tata invests in Snapdeal.com
Ratan Tata, Tata Sons Chairman Emeritus, has invested in online marketplace Snapdeal.com. “Mr. Tata has made a personal investment in the company,” Snapdeal co-founder and CEO Kunal Bahl said. The investment amount, however, was not disclosed. “This stands testimony to the growth and success... read more »
GVK-Oasis ink Rs. 580 crore pact for Mumbai airport land development
Mumbai International Airport Pvt. Ltd. (MIAL), a GVK-Led Consortium, on Wednesday awarded 1.16 million square feet of land parcel at the airport for Rs. 580 crore to Oasis Realty Pvt. Ltd. for commercial development. This transaction is part of the process of overall commercial development of 22... read more »
