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Gold near three-month low

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 ...

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...

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...

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 »

More from Business

Google in Talks to Buy Mobile-Payments Company Softcard: Report

Google Inc is in talks to buy mobile-payments company Softcard, technology news website TechCrunch reported on Friday, citing people familiar with the matter. The deal could help pair... read more »

US oil spill finding could cost BP $13.7bn in fines

A US judge has said more oil spilled into the Gulf of Mexico following the deadly rig explosion in 2010 than BP estimated — a decision that could potentially cost the oil giant... read more »

Gold Edges Towards 12-Week High on Safe-Haven Demand

Singapore: Gold edged up for a third session out of four to hover near a 12-week peak on Wednesday, bolstered by safe-haven demand as tumbling oil prices and worries over global economic... read more »

Cipla moves HC against bar on sale of generic drug

MUMBAI: Cipla has filed an appeal in the Delhi high court against a recent order which restrained it from selling its generic version of Novartis drug Onbrez in the domestic market. The... read more »

Jet Airways says Naresh Goyal hasn’t pledged shares to PNB

Mumbai: Jet Airways (India) Ltd, the country’s second largest airline by passengers carried, on Wednesday said its founder chairman Naresh Goyal will not dilute his equity below 51% at any time.... read more »