States to get richer by Rs 80,000 cr after sale of 11 coal blocks
States, including Chhattisgarh, Jharkhand and West Bengal, are set to get nearly Rs 60,000 crore from 11 coal blocks sold in the ongoing auction, a top official said. The post States to get richer by...
View ArticleVedanta Resources plans to rename Sesa Sterlite as Vedanta Ltd
Aimed at leveraging the "Vedanta" brand, metals and mining conglomerate Vedanta Resources plans to rechristen its subsidiary Sesa Sterlite Ltd as Vedanta Ltd. The post Vedanta Resources plans to rename...
View ArticleBudget 2015: Expectations, lead FPIs to stage a come back
FPIs became net buyers in the Indian equities market for the week ended 20 February on the back of high expectations from the Budget 2015 The post Budget 2015: Expectations, lead FPIs to stage a come...
View ArticleNifty breaches 9,000-mark on fund inflows, RIL leads rally
The 50-issue Nifty crossed the 9,000-level for the first time by gaining 47.20 points, or 0.52 percent, to trade at an all-time high of 9,003.95, surpassing its previous intra-day high of 8,996.60...
View ArticleSensex, Nifty record biggest drop in three months on US rate hike fears
The BSE 30-share Sensex resumed with a gapdown and moved southwards to break 29,000-mark to a low of 28,799.76 before concluding at 28,844.78 -- a net loss of 604.17 points, or 2.05 percent. The post...
View ArticleMarkets collapse on geopolitical worries, Sensex tanks 654 points
The Sensex has now registered its longest losing string -- seven days -- in 2015. It has lost 1,280 points in seven days. The post Markets collapse on geopolitical worries, Sensex tanks 654 points...
View ArticleSensex snaps five-day winning run; Nifty ends higher
The BSE Sensex opened a shade higher at 28,889.27 and advanced to the day's high of 28,907.81 in early trade on sustained foreign capital inflows. The post Sensex snaps five-day winning run; Nifty ends...
View ArticleSensex wipes out early gains, falls 155 points over shaky blue chip shares
Muted earning numbers, forecast of a below-normal monsoon and fading hopes of a rate cut by the Reserve Bank weighed on sentiments, brokers said. The post Sensex wipes out early gains, falls 155 points...
View ArticleVedanta seeks to simplify, consolidate business structure
Anil Agarwal-led Vedanta recently hiked stake in its subsidiary Cairn India, oil and gas exploration firm, by nearly 5 percent. The post Vedanta seeks to simplify, consolidate business structure...
View ArticleBalco begins winding up rolling business in Chhattisgarh, 1K jobs at stake
In India, cheap aluminium from China and Middle-East has shrunk market share of domestic producers who are already struggling with rise in input cost. The post Balco begins winding up rolling business...
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