Search Results for: Tata Steel

anand-sharma-wants-multinationals-to-follow-tescos-lead

Anand Sharma wants multinationals to follow TESCO's lead

New Delhi, Dec 19 (ANI): Trade minister Anand Sharma on Thursday said that he expects other multinational organizations to follow TESCO when it comes to investing in India. The UK-based retail major TESCO will get into a strategic alliance with Tata's Trent to open multi-brand retailing in the country. For the project, they have invested $110 million. Taking a note of different strategies that companies may adopt, Sharma said that it is the prerogative of the companies to initiate and firing up their business plans. When raised a query on what will be the Cabinet's stand on the FDI in the pharma sector, Sharma said that the government's stand is firm on the issue. Earlier in 2002, the government had allowed 100 per cent investment. Dec 19, 2013
bse-closes-points-191-08-down-on-dec-13

BSE closes points 191.08 down on Dec 13

New Delhi, Dec 13 (ANI): Trading at the Bombay Stock Exchange today closed points 191.08 down to stand at 20,734.53. At the National Stock Exchange the Nifty closed 68.65 points down to stand at 6,168.40. Aurobindo Pharma and IPCA Lab were among the top gainers of Group A with an increase of 4.35% and 2.87% along with Tata Motors and Oberoi Realty with an increase of 2.61% and 1.77% respectively, while the top losers of Group A include Jet Air India and Torrent Power with a decrease of 7.29% and 6.09% along with Wockhardt and Jaiprakash Associates with a decrease of 6.08% and 5.44% at the close of the markets. The Auto sector is down 6.54 points at 12,047.11 while the banking sector is down 314.49 points at 12,953.52 and the realty sector is down 26.70 points at 1,341.86. The Indian currency is down 0.57% at Rs 62.16 per dollar. Dec 13, 2013
bse-closes-points-258-68-down-on-dec-12

BSE closes points 258.68 down on Dec 12

New Delhi, Dec 12 (ANI): Trading at the Bombay Stock Exchange today closed points 258.68 down to stand at 20,912.73. At the National Stock Exchange the Nifty closed 70.85 points down to stand at 6,237.05. Coromandel International ltd. and Mcleod Russel India Ltd. were among the top gainers of Group A with an increase of 7.53% and 5.93% along with Tata Power and Pipavav Defence And Offshore Eng Ltd with an increase of 3.84% and 3.20% respectively, while the top losers of Group A include Adani Enterprises Ltd. and Tata Motors Ltd. with a decrease of 5.48% and 4.55% along with Tv18 Broadcast Ltd. and Power Finance Corporation Ltd. with a decrease of 4.13% and 3.48% at the close of the markets. The Auto sector is down 270.57 points at 12,053.65 while the banking sector is down 197.57 points at 13,268.01 and the realty sector is down 8.17 points at 1,364.77.The Indian currency is down 0.72% at Rs 61.69 per dollar. Dec 12, 2013
the-honda-urban-suv-concept-is-displayed-at-the-north-american-international-auto-show-in-detroit-michigan-on-january-14-2013

Top 5 SUVs to Watch Out for in 2014

The year 2013 turned to be a disappointment for India's automobile industry as the market reeled under the impact of slow demand. The economic crisis, rising fuel and input costs put a halt in the domestic car market which is already faced with declined growth and a sentimental skid. Dec 10, 2013
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Mukesh Ambani announces Rs. 2,500 crore investment for digital infrastructure

Mohali, Dec 10 (ANI): Business tycoon, Mukesh Ambani has announced an investment of Rs. 2,500 crore for the setting up of digital infrastructure in Punjab. Ambani also announced that Reliance Foundation will partner with Punjab in promoting sports, specially basketball in schools. Ambani said this while attending the Progressive Punjab Summit in Mohali, along with global steel giant, Arcelormittal CEO, Lakshmi Mittal and Chief of Punjab, Prakash Singh Badal. Further addressing the summit, Ambani declared his future plan of connecting to 147 towns. Ambani also talked about creating employment for the people. Dec 10, 2013
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BSE closes points 290.02 up on Dec 9

New Delhi, Dec 9 (ANI): Trading at the Bombay Stock Exchange today closed 290.02 points up to stand at 21,286.55. At the National Stock Exchange the Nifty closed 104.00 points up to stand at 6,363.90. Oriental Bank and DLF were among the top gainers of Group A with an increase of 8.22% and 6.51% along with Bharti Infratel and Exide Industries Ltd. with an increase of 5.47% and 5.40% respectively, while the top losers of Group A include Jindal Steel and Sobha Developers Ltd. with a decrease of 6.01% and 3.17% along with Eicher Motors and Max India with a decrease of 3.11% and 2.79% at the close of the markets. The Auto sector is up 147.70 points at 12,445.11, while the banking sector is up 325.71 points at 13,689.45 and the realty sector is up 35.64 points at 1,401.24. The Indian currency is up 0.61% at Rs 61.04per dollar. Dec 9, 2013
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