EPFO approves hike investment in exchange traded funds: Dattatreya

Union Labour Minister Bandaru Dattatreya has said that the Employees Provident Fund Organisation (EPFO) has approved hike in investment limit in exchange traded funds to 15 per cent from the existing 10 per cent. The decision was taken during the meeting of the Central Board of Trustees in Pune yest...

Govt selects 5 bankers to manage stake sale in IOC

The government has selected five merchant bankers to manage its three per cent stake sale in Indian Oil Corporation, IOC, which could fetch about six thousand crore rupees to the exchequer.The bankers are - Goldman Sachs, Citigroup, Deutsche Equities, SBI Capital Markets and ICICI Securities. Source...

FM Arun Jaitley pitches for Air India disinvestment

Finance Minister Arun Jaitley has favoured disinvestment of the loss-making Air India, the flag carrier airline of India. The minister said, the airline's market share is just around 14 per cent whereas the debt burden is 50,000 crore rupees. It indicates possible stake sale in Air India, w...

EPFO approves hike investment in exchange traded funds to 15%: Dattatreya

Union Labour Minister Bandaru Dattatreya has said that the Employees Provident Fund Organisation (EPFO) has approved hike in investment limit in exchange traded funds to 15 per cent from the existing 10 per cent. The decision was taken during the meeting of the Central Board of Trustees in Pune yest...

Indraprastha Gas Limited's gross turnover increased by Rs 143 cr

Markets climb to new record high; sensex breaches 31000 mark

The domestic stock markets soared to record highs once again, today, with the Sensex crossing the 31,000 mark for the first time ever, and the Nifty breaching the 9,600 mark for the first time.The Sensex at the Bombay Stock Exchange spurted 278 points, or 0.9 percent, to close at a fresh record high...

Sensex hits 31000 for the first time, Nifty nears 9600

The Sensex at the the Bombay Stock Exchange this afternoon breached the 31,000 mark for the first time ever. After a firm opening this morning, the Sensex gained further ground, and had rallied 277 points, to 31,027, a short while ago. The Sensex also hit a fresh lifetime intra-day high. The Nifty a...

Govt selects 5 bankers selected for IOC stake sale<br/>

The government has selected five merchant bankers to manage its three per cent stake sale in Indian Oil Corporation, IOC, which could fetch about six thousand crore rupees to the exchequer.The bankers are - Goldman Sachs, Citigroup, Deutsche Equities, SBI Capital Markets and ICICI Securities. Source...

Sensex zooms 448 points to reach record high

Snapping two days of losses, the Sensex at the Bombay Stock Exchange spurted 448 points, or 1(point)5 percent, to close at a fresh record high of 30,750, yesterday. The Nifty at the National Stock Exchange surged 149 points, to 9,510.

Sensex zooms 448 points to reach record high

Snapping two days of losses, the Sensex at the Bombay Stock Exchange spurted 448 points, or 1(point)5 percent, to close at a fresh record high of 30,750, yesterday. The Nifty at the National Stock Exchange surged 149 points, to 9,510.