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February 7, 2014 2:24 PM
The Supreme Court today directed the NTPC not to cut the power supply to BSES in Delhi, till March 26th. The Bench also directed the BSES to pay fifty crore rupees to NTPC within two weeks. NTPC had last week, issued notices to BSES Rajdhani and BSES Yamuna on the issue of payment security mechanism...
February 7, 2014 2:23 PM
The Lok Sabha was informed today that the Railways has achieved its ten-year Safety Plan. Accidents per million kilometres have reduced from 0.44 percent in 2002-03 to 0.13 in 2012-13. A High Level Safety Review Committee has made 106 recommendations which are now under consideration. In a written r...
February 7, 2014 2:15 PM
Defence Research and Development Organization(DRDO) has displayed a wide variety of military hardware at the ongoing Defence Expo-2014. Speaking at a press conference, Secretary Defence R&D and Scientific Advisor to Defence Minister, Avinash Chander highlighted the success initiatives undert...
February 7, 2014 9:50 AM
Auto major, Mahindra & Mahindra plans to invest 5,000 crore rupees over the next three years towards infrastructure upgradation, product development and capacity expansion. The company is also planning to introduce 8 to 10 new variants and upgrades of its products this year.
February 7, 2014 9:46 AM
Central Bank of India has reported a 65.8 per cent slump in its quarterly net profit, at 62 crore rupees. The bank's net NPAs during the quarter declined to 3.69 per cent, from 3.79 per cent. However, gross NPAs were higher, at 6.48 per cent, from 5.64 per cent a year ago.
February 7, 2014 9:45 AM
The government's 10 per cent share sale in Engineers India Ltd. through the follow-on-public offer route received lukewarm response on the first day of issue on Thursday. The issue received bids for about 6.3 lakh shares, accounting for 0.02 per cent of the over 3.36 crore shares on offer t...
February 7, 2014 8:37 AM
The Cabinet Committee on Economic Affairs has cleared UK-based company Vodafone's proposal to buy out minority shareholders in its Indian arm for 10,141 crore rupees. This is single largest foreign investment in the telecom sector.The Foreign Investment Promotion Board had in December last ...
February 7, 2014 8:34 AM
The Cabinet Committee on Economic Affairs has cleared UK-based company Vodafone's proposal to buy out minority shareholders in its Indian arm for 10,141 crore rupees. This is single largest foreign investment in the telecom sector.The Foreign Investment Promotion Board had in December last ...
February 6, 2014 6:42 PM
Gold rose 50 rupees, to 30,510 rupees per ten grams at Delhi's bullion market, today, on buying by stockists for the ongoing wedding season. Silver jumped 950 rupees, to 45,100 rupees per kilo, on increased offtake by industrial units and coin-makers. Silver coins spurted 1,000 rupees, to 8...
February 6, 2014 6:40 PM
Brent crude oil futures held steady above 106 dollars a barrel, today, as worries over global economic growth dented the demand outlook, with its premium to US crude continuing to narrow as more cold weather hit the United States. Brent crude was trading 2 cents higher, at 106.27 dollars per barrel....
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