Sensex logs first fall in 4 days, tanks 383 pts on rupee woes
The BSE benchmark Sensex snapped its three-day gains, plunging 383 points due to heavy selling mainly in financial and auto stocks as rising crude prices and rupee volatility spooked investors. The flagship index swung nearly 880 points both ways on alternate bouts of buying and selling during the session. The NSE Nifty...
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VMware to invest $2 billion in India over next five years
18 October 2018 | PNS -
Punjab Cabinet approves new sand and gravel policy
18 October 2018 | PTI -
Essar Steel: ArcelorMittal to pay Rs 7,469 cr to clear Uttam Galva, KS Petron dues
18 October 2018 | PTI -
ACC Q3 net profit up 15 pc to Rs 209 cr
18 October 2018 | PTI -
NIIT Tech shares up over 5% as Q2 net profit jumps
18 October 2018 | PTI -
Quick takes
18 October 2018 | Agencies -
NIIT Tech Q2 net profit jumps 66% to Rs 111.8 cr
18 October 2018 | PTI
Adani, Total join hands to set up retail network, LNG terminal
India’s largest infrastructure conglomerate Adani Group and French energy giant Total SA on Wednesday announced a partnership to develop liquefied natural gas (LNG) import terminals and fuel retailing network in India. Total, which had a few weeks back exited Royal Dutch Shell-led Hazira LNG import terminal in Gujarat, will join Adani...
Reliance Jio Q2 standalone net profit at 681 crore
RIL's telecom arm Reliance Jio Wednesday reported a standalone net profit of Rs 681 crore for the September 2018 quarter. The company had posted a net loss of Rs 271 crore in the year-ago period. On a quarterly basis, its profit grew around 11 per cent from Rs 612 crore in the...
Volkswagen launches Passat Connect at Rs 25.99 lakh
German auto major Volkswagen Wednesday launched its premium carline Passat with an advanced telematics solution Connect at a price starting from Rs 25.99 lakh. The Passat is now available with Volkswagen Connect, an intelligent connected vehicle assistance system offering a holistic and connected experience to its customers, Volkswagen said in a...
RIL to buy majority stakes in Den Networks, Hathway Cable for Rs 5,230 cr
Reliance Industries Wednesday said it will buy majority stakes in Den Networks Ltd and Hathway Cable and Datacom Ltd for Rs 5,230 crore. RIL will make a "primary investment of Rs 2,045 crore through a preferential issue under SEBI regulations and secondary purchase of Rs 245 crore from the existing promoters...
UAE minister visits HAL
UAE's Minister of State for Defence Affairs Mohammed Ahmed Al Bowardi Al Falacy Wednesday visited the Hindustan Aeronautics Limited here and evinced keen interest in the indigenously developed light combat aircraft Tejas. The UAE minister was quite impressed with the sophisticated level of manufacturing, a HAL release said. "I am happy to...
Adani, Total join hands to set up retail network, LNG terminal
India's largest infrastructure conglomerate Adani Group and French energy giant Total SA Wednesday announced a partnership to develop liquefied natural gas (LNG) import terminals and fuel retailing network in India. Total, which had a few weeks back exited Royal Dutch Shell-led Hazira LNG import terminal in Gujarat, will join Adani in...
Sensex jumps 267 pts tracking global cues, strong earnings
The equity benchmark Sensex rallied for the fourth straight session Wednesday, and jumped 267 points, on encouraging second quarter earnings by tech major Infosys and positive global cues. The 30- share Sensex soared 267.26 points, or 0.76 per cent, to 35,429.74. It had rallied 1,161 points in the previous three sessions. The...
