CBI to probe Rs 1700 cr Tata Realty-Unitech land deal
he deal took place in 2007 and it was done allegedly with an aim to fund the telecom project of Unitech. Sources said that the CBI has informed the Supreme Court about the probe. The CBI will also investigate the allocation of dual technology spectrum to Tata Teleservices in February 2008. It is... read more »
Gold futures decline to Rs. 28,420 per 10 gm; silver down at Rs. 42,621 per...
NEW DELHI, AUG 18: Gold prices fell 0.82 per cent to Rs. 28,420 per 10 grams at the futures trade today amid a weak trend overseas and profit-booking by speculators. On the Multi Commodity Exchange, gold for delivery in December fell Rs. 236 or 0.82 per cent to Rs.28,420 per 10 grams in a... read more »
Sensex, Nifty hit new record highs on FII inflows
The Sensex and the Nifty scaled new record highs of 26,330 and 7,858, respectively in the mid-session led by capital goods, banking and oil & gas stocks amid sustained capital inflows. Firm European cues further supported the domestic sentiment. The 50-share NSE index Nifty regained the... read more »
BEST’s power monopoly ends, Tata enters Mumbai
MUMBAI: BEST’s power monopoly finally came to an end on Friday. Tata Power Company (TPC) has now been granted a distribution licence in Mumbai for the next 25 years, and it will now set foot in the island city—giving residential consumers a chance to switch to cheaper power. This could... read more »
