Unsold flats in NCR down 9 pc
Unsold housing stocks fell by 9 per cent in NCR during 2018 to nearly 1.87 lakh units on improvement in sales but the region continued to grapple with the problem of stalled residential projects, property brokerage and consulting firm Anarock said. In the data released on Tuesday, the consultant said, housing...
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Sensex rallies 465 pts; IT stocks shine
16 January 2019 | PTI -
Government forms GoM for GST issues in real estate
15 January 2019 | IANS -
RBI to inject Rs 10,000 cr through open market operations this week
15 January 2019 | PTI -
Govt working on domestic manufacturing of aircraft: Prabhu
15 January 2019 | PTI -
India among world's leading exporters of creative goods: UN report
15 January 2019 | PTI -
Waterways to transform India’s logistics industry
15 January 2019 | Ankita Saxena -
Rs falls 43 paise to end at near 1-month low against US dollar
15 January 2019 | PTI
FinMin wants PSU banks to bring down Govt equity to 52%
In a bid to align with the best corporate practices, the Finance Ministry has asked the public sector banks to gradually bring down the government's equity to 52 per cent, a top official said. "The government is essentially a major shareholder. So, this need to be aligned to the best corporate...
Sebi fines 10 entities for fraudulent trading in Mindvision Capital shares
Market regulator Sebi imposed a fine totalling Rs 34 lakh on 10 entities for indulging in fraudulent trading in the shares of Mindvision Capital. The Securities and Exchange Board of India (Sebi) had conducted an investigation in the trading activities of the company between June 2009 and February 2010. The probe found...
Ghosn’s wife slams ‘harsh' Japan detention
The wife of ex-Nissan chief Carlos Ghosn has alleged her husband is being held in "harsh" conditions and subjected to round-the-clock interrogations intended to extract a confession. In a letter to Human Rights Watch, Carole Ghosn urged the group to highlight the case of her husband, who has been in detention...
BHEL wins largest order for solar photovoltaic plants
Bharat Heavy Electricals Limited (BHEL) has won an order for setting up 129 MW Solar Photovoltaic (SPV) power plants in Telangana from Singareni Collieries Company Limited. Significantly, valued at Rs.565 Crore, this is the largest SPV power plant order won by BHEL till date. The plants are to be set up at...
Business Corner
Ramesh Chandra Kaushik, Member of Parliament (Lok Sabha) marked the commencement of works for construction of the rail coach refurbishment karkhana, Sonipat at the bhoomi pujan ceremony there. Senior Railway executives Arun Arora, Chief Mechanical Engineer, Northern Railway, Navin Kumar Parsuramka Addl Divisional Railway Manager, Northern Railway, Delhi were also...
Sebi settles case with individual in IndoStar Capital case
Markets regulator Sebi has settled a case of disclosure lapses by an individual after paying more than Rs 2 lakh towards settlement charges in the matter of IndoStar Capital Finance Ltd. In an order, the regulator said during the probe it 'prima-facie' found that "Prashant Shetty had sold 15,000 shares of...
Infosys shares gain nearly 4 pc on share buyback
Shares of Infosys Monday rose by nearly 4 per cent after the company approved a Rs 8,260-crore share buyback and also raised its revenue growth forecast. After a positive opening, shares of the company further gained 3.70 per cent to Rs 709 on BSE. At NSE, shares of the company jumped 3.90...
