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  • 02 Apr 15
    03:19 AM
    Financial Technologies India (FTIL) founder Jignesh Shah, Multi Commodities Exchange-Stock Exchange's (MCX-SX) Joseph Massey and former National Spot Exchange (NSEL) Chief Executive Officer Anjani Sinha are among 68 persons named as accused in the
    02:24 AM
    Baring Private Equity Asia (Baring Asia) is in talks to acquire a minority stake in Mumbai-based Privi Organics. According to sources, Baring will pick up a 30 per cent stake in the aroma chemicals manufacturer for Rs 400 crore.
    12:57 AM
    Data from the nine top automakers that make up nearly 95 per cent of total domestic volumes showed passenger vehicle sales growth for the year stood at nearly 7 per cent, the best since 2010-11 when sales grew 28 per cent.
    12:56 AM
    The enforcement directorate (ED) has issued an order to attach assets worth Rs 742.58 crore belonging to former Union telecom minister Dayanidhi Maran, his brother and media tycoon Kalanithi Maran and the latter’s wife Kaveri Kalanithi in the
    12:50 AM
    Tata Sons on Wednesday announced an induction of two independent directors, Ronen Sen and Farida Khambata, into its board.Sen is former ambassador to the US.
    12:49 AM
    Salary increments announced by Infosys last week surprised many, as they had expected a steeper jump, given its high attrition rates.
    12:49 AM
    The Undisclosed Foreign Income and Assets Bill, popularly called the black money Bill, is making corporate India jittery.
    12:48 AM
    Hyderabad-based pharmaceutical major Dr Reddy’s Laboratories is going to buy a few established products from UCB, a Belgian biopharmaceutical firm, for euro 118 million (close to Rs 800 crore).
    12:48 AM
    Uber, the San Francisco-based cab service aggregator, plans to start services for auto-rickshaws in the coming months, it is learnt.Its executives are test-marketing the model in this city, with the process of getting autos on board Uber underway.
    12:45 AM
    Mahesh Sharma, minister of state for civil aviation, on Wednesday said Air India was likely to post an operating profit in 2015-16. “The government is committed to the revival of Air India. The country should have a flag carrier.
    12:45 AM
    Increments for employees at leading e-commerce companies are likely to be 10 to 30 per cent.
    12:44 AM
    Shares of HCL Technologies, the country’s fourth-largest information technology (IT) services company, dropped 3.8 per cent on Wednesday after it said cross-currency fluctuation was expected to affect revenue to the extent of 280 basis points (bps)
    12:44 AM
    Confirming Essar Group’s interest in buying Nokia’s facility at Sriperumbudur near here, chairman Shashi Ruia said on Wednesday the company was assessing it.
    12:43 AM
    Competition Commission of India (CCI) has cleared the proposed merger of Lafarge and Holcim on Wednesday, four months ahead of the planned move.
    12:42 AM
    Multi Screen Media has announced the launch of a new sports channel Sony Kix. With the Indian Premier League under its belt, the network has decided to launch the new channel with the 2015 edition of the annual 20-20 cricket tournament.
    12:41 AM
    SpiceJet Ltd said on Wednesday the five leasing companies that had filed a winding-up petition against the airline had decided to suspend the court proceedings, following discussions.The petition had been filed with the Madras High Court.
    12:38 AM
    Little less than six months after Facebook Chief Executive Officer Mark Zuckerberg had met Prime Minister Narendra Modi in New Delhi, the two connected again on Wednesday. Zuckerberg “liked&" Modi’s Facebook post on Varanasi.
    12:34 AM
    A fresh case in the coal scam has been registered by CBI against Nagpur-based BS Ispat for alleged misrepresentation of facts while applying for a coal block in Wardha in Maharashtra, allocated to the company during the National Democratic Alliance
    12:31 AM
    The Supreme Court on Wednesday stayed the order of the special court, trying the coal blocks scam cases, which summoned former prime minister Manmohan Singh, industrialist Kumar Mangalam Birla, former coal secretary P C Parakh and three others.
    12:28 AM
    To give public sector banks and financial institutes greater autonomy and to improve their governance standards, the Centre on Wednesday restructured the process to appoint non-official directors in these entities.
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Sensex

Company Price Gain (%)
Sun Pharma.Inds.1,078.555.51
Tata Motors564.552.65
St Bk of India273.452.42
ICICI Bank322.902.41
Hindalco Inds.132.152.32

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