Gold near three-month low
Gold edged up on Monday, but remained near a three-month low as the dollar hit an 11-year high after a strong U.S. jobs report boosted expectations the Federal Reserve would soon hike interest rates. Spot gold rose to $1,172.41 an ounce by 0733 GMT, retaining most Friday’s near 3 percent... read more »
BHEL commissions 660 MW thermal unit in Bihar
The public sector Bharat Heavy Electricals Limited (BHEL) today said that it had commissioned the second 660 MW unit at the Barh Supercritical Thermal Power Project, Stage II, of NTPC Limited in Bihar. The first 660 MW unit of the project was commissioned earlier and dedicated to the nation by... read more »
Govt garners Rs 1.57 lakh crore on day 4 of second tranche of coal block au...
Strengthening the national auditor’s claims that allocation of mines over the years had caused considerable losses to the exchequer, the government has garnered Rs 5164 crore from the sale of two mines to Jaypee Cement and Ambuja Cement, with the cumulative proceeds from the auction swelling to... read more »
Satyam Case: Court sets April 9 as Final Date for Verdict
Hyderabad: A special court trying the multi-crore accounting fraud in erstwhile Satyam Computer Services Limited (SCSL) on Monday said it will pronounce its judgement in the CBI-probed case on April 9. Citing voluminous documents in the case, Special Judge BVLN Chakravarthi said, “On April 9,... read more »