SpiceJet denies receiving credit from oil companies
SpiceJet, the troubled budget carrier, said it has received no credit from oil companies, even as it scotched speculation about having failed to submit any revival plan on Wednesday. “… There was no revival plan due for submission today,” SpiceJet’s Chief Operating Officer... read more »
Renewed buying interest raises gold prices
2015 – Gold prices bounced back firmly after a two-day down trending mode at the domestic bullion market due to good demand from jewellery stockists as well as seasonal offtake. Elsewhere, silver also gained marginally on improved industrial support. Standard gold (99.5 purity) rose by Rs 100... read more »
Gold remains weak on low demand; silver recovers
NEW DELHI: Gold prices fell further by Rs 75 to Rs 27,025 per ten gram at bullion market here today on subdued demand even as the metal strengthened overseas. Silver, however, found fresh buying support from industrial units and coin manufacturers and rebounded by Rs 400 to Rs 36,600 per... read more »
BHEL bags first key power project in Telangana
BHEL will set up first Supercritical Thermal Power Plant in newly formed state of Telangana. The company has bagged contract worth Rs. 3,810 crore. The order is for setting up the 1×800 MW Supercritical Thermal Power Plant on EPC (Engineering, Procurement & Construction) basis at... read more »