Business

April 25, 2013 10:37 AM

Sensex rises nearly 144 points in early trade

The BSE benchmark Sensex extended gains for the fourth-straight day by rising nearly 144 points in early trade today on buying by funds and retailers amid a firming Asian trend.The 30-share barometer rose by 143.72 points, to 19,323.08 with auto, realty and oil and gas stocks leading the gains. The ...

April 25, 2013 9:12 AM

Sikkim Assembly Budget session today

The three days Budget Session of the Sikkim Legislative Assembly will begin in Gangtok today . Governor B P Singh will address the session and the Chief Minister Pawan Chamling to move the motion of thanks to his address. The State budget for the financial year 2013-2014 will also be presented by th...

April 25, 2013 8:35 AM

Saudi labour law: Indian envoy assures all help in meeting with expats

Indian Ambassador to Saudi Arabia, Hamid Ali Rao has assured expatriate Indian workers that he would extend all possible help to address their concerns in the wake of new immigration law under the Niataqat program.He met the representatives of Indian community in Dammam on Tuesday to seek first-hand...

April 24, 2013 9:37 PM

Jet airways to sell 24 % stakes to Abu Dhabi based Etihad airlines

In the first ever investment by a foreign airline in an Indian carrier, Jet Airways on Wednesday announced plans to sell 24 per cent equity to Abu Dhabi based Etihad Airways for about Rs. 2,058 crore. This will be part of a strategic alliance that would lead to a major expansion in their global netw...

April 24, 2013 7:55 PM

Jet Airways to sell about 32 percent stake to Etihad<br/>

Jet Airways is to sell about 32 percent stakes to Abu Dhabi-based Etihad in a deal worth 380 million dollars. It would be the first ever deal between an Indian air carrier and a foreign airline since the Government hiked foreign investment up to 49 percent in the aviation sector.A statement from Jet...

April 24, 2013 11:10 AM

Oil prices up in Asia

Oil prices rose slightly in Asia today on cautious hopes of a rise in energy demand in the United States. New York&apos;s main contract, light sweet crude for delivery in June, added 21 cents to 89.39 dollar a barrel and Brent North Sea crude for June delivery gained 17 cents to 100.48 dollar in...

April 23, 2013 6:15 PM

Assocham for bringing rogue finance companies to task for duping investors

Association of Indian Chambers of Commerce and Industry, Assocham, today made a strong pitch for bringing the rogue finance companies to task for duping investors by promising abnormally high returns. Assocham National Vice-President said numerous such companies , were collecting money from the poor...

April 23, 2013 5:09 PM

Sensex gains of 10 pts to close at 19,179

Rising for the third straight session, the Sensex at the Bombay Stock Exchange ended with a small gain of 10 points, or 0.1 percent, at 19,179, amid positive European markets, today. The Sensex has now gained nearly 450 points in three trading sessions. The Nifty at the National Stock Exchange rose ...

April 23, 2013 3:53 PM

SEBI starts fresh probe into fund-raising activities of Saradha group

The Securities and Exchange Board of India, SEBI, has begun a fresh probe into the fund-raising activities of the Kolkata-based Saradha group.The capital market regulator is looking into whether its Collective Investment Scheme (CIS) regulations were violated while raising funds from the public, a s...

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