Sensex gains 517 points; capital goods stocks rise

The Sensex touched a high of 28,017.97 points and a low of 27,624.76 points in the intra-day trade

Mumbai: After eight consecutive sessions when the markets either ended flat or in the red, a benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), gained over 500 points or nearly two percent in Monday’s trading session. The Sensex touched a high of 28,017.97 points and a low of 27,624.76 points in the intra-day trade The More...

by IANS | Published 21 hours ago
The units would be set up at Manuguru in Khammam district of Telangana
By Indileak Web Desk On Monday, March 30th, 2015
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BHEL to set up power plant in Telengana

New Delhi: State-run power equipment maker Bharat Heavy Electricals Ltd (BHEL) on Monday said it is setting up four 270 MW units valued at Rs 5,000 crore for Telangana State Power Generation Corporation Limited More...

The order said "no inspection" would be required in cases where successful bidders are the previous allottees
By IANS On Sunday, March 29th, 2015
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Previous coal mine allottees have to clear stock by April 8

New Delhi: All the previous allottees of coal mines are required to remove the dry fuel extracted till March 31 by April 8 to ensure their smooth handover to successful bidders at the recent coal auctions. The order More...

The RBI is cautious about the US Fed's stand that the rate hike might take place in the later part of the year
By IANS On Saturday, March 28th, 2015
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India’s forex reserves up $4.26 bn

Mumbai: India’s foreign exchange reserves increased by $4.26 billion to $339.99 billion for the week ended March 20, Reserve Bank of India (RBI) data showed. The RBI is cautious about the US Fed’s stand More...

Passenger train services on this 210-km route will start soon
By Agencies On Friday, March 27th, 2015
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Train on new Assam line carries Bengal potatoes

Guwahati/New Delhi: Assam’s underdeveloped Barak Valley was brought on the broad gauge rail map on Friday, with the inaugural goods train carrying about 2,300 tonnes of potatoes from West Bengal. Passenger More...

The expo is attended by over 125 delegates from 26 countries
By Agencies On Friday, March 27th, 2015
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Government to invest $10 bn in chip manufacturing units

New Delhi: The government would invest $10 billion in chip manufacturing facilities coming up in Gujarat and Uttar Pradesh, where a consortium of firms are to set up the production bases. The expo is attended by More...

Nationally, we have over one lakh driver sign-ups, of which 80 percent are cars
By IANS On Thursday, March 26th, 2015
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Ola Cabs to introduce 3,500 new taxis in Kolkata

Kolkata: Indian car rental aggregator firm Ola Cabs on Thursday said it is planning to increase its driver sign-ups in Kolkata from the current 1,500 to 5,000 in the coming three months. Nationally, we have over More...

The whole auction was designed by the government to extract maximum revenues from the operators
By Indileak Web Desk On Wednesday, March 25th, 2015
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Net bids in India’s spectrum auction at Rs 109,874 crore

New Delhi: The e-auction of radio frequency spectrum, or airwaves, for telecom operators concluded Wednesday after 19 days and 115 rounds of rigorous bidding with officials placing the provisional estimate of commitments More...

This year we have already introduced a diverse range of cars for the Indian market
By IANS On Wednesday, March 25th, 2015
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Mercedes-Benz launches new CLS-Class Coupé, E-Class Cabriolet

New Delhi: Luxury automobile manufacturer Mercedes-Benz launched on Wednesday two of its specialty cars — the new CLS-Class Coupé and the E-Class Cabriolet. This year we have already introduced a diverse More...

Opening new doors for investment. Minister @SushmaSwaraj meets Emir of Qatar
By Agencies On Wednesday, March 25th, 2015
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India, Qatar ink six agreements during Emir’s visit

New Delhi: India and Qatar inked six agreements, including one on transfer of sentenced prisoners, as visiting Emir of Qatar Tamim Bin Hamad Al Thani held talks with Prime Minister Narendra Modi here on Wednesday. Opening More...