BSE to Suspend Trading in 17 Companies
New Delhi: BSE has ordered suspension of trading in shares of 17 companies, including Raj Irrigation Pipes & Fittings and Kohinoor Broadcasting Corporation, from August 26 until further notice. The move is aimed at ensuring safety of investors in the capital market. “Based on the... read more »
Royal Enfield announces entry into Indonesian market
Royal Enfield, the two-wheeler division of Eicher Motors , on Monday announced its entry into the Indonesian market, with plans to commence retail operations in the Southeast Asian country in the coming months. The company announced its future plans for Indonesia, the third largest two-wheeler... read more »
Indian Oil stake sale floor price set at Rs 387 a share
The government has set a floor price for the sale of shares in top state-run refiner Indian Oil Corp Ltd at 387 rupees each, the company said, a two percent discount from Friday’s close. At the floor price, the 10 percent stake sale in the company will bring in 93.96 billion rupees (USD 1.4... read more »
Gold surges by Rs.480 to reclaim Rs.27,000 mark
New Delhi: With the wedding and festive season fast approaching, the days of cheaper gold prices seems to be over as the precious metal climbed back to Rs.27,000 mark on Friday. After registering a decline recently, prices shot up by Rs.480 to touch Rs.27,180 at the bullion market. Silver also... read more »
Sexually harassed Punjab girl immolates self, dies at Chandigarh
Fed up of being sexually harassed by four youth from the Jat community, a 16-year-old Dalit girl from a village in Sangrur town of Punjab set herself ablaze on Saturday and succumbed to 70%... read more »
Black money compliance window will not be extended
With concerns being raised over misuse of information declared under recently notified one-time black money compliance window, the government has assured that confidentiality of... read more »
Third round of coal auction takes off; JSPL, others in race
The third phase of coal auction started on Tuesday, with companies such as Jindal Steel and Power (JSPL) and Godawari Natural Resources queuing up for the two mines on offer on Day... read more »
AirAsia India unveils Rs 990 flight offer; Rs 3,699 sale for international travel also ann...
AirAsia India offer says all-in-fares have been slashed to as low as Rs 990 to celebrate the group having achieved the 300 mn passengers flown mark – the AirAsia Group reached the mark... read more »
Xiaomi ties up with Foxconn in India, unveils Redmi2 Prime as fir...
Chinese smartphone maker Xiaomi Inc has tied up with Taiwan’s Foxconn to start assembling phones in India – its first such move in the world’s third largest smartphone market as it... read more »
