Business
Gold gains Rs 110 on festive season demand, global cues
Gold prices jumped by Rs 110 to Rs 28,500 per 10 grams in the national capital on Wednesday on festive season demand and positive global cues.
Sensex jumps over 200 points, tech shares up
Technology stocks lead on weaker rupee - Infosys Ltd surges 3.7 per cent.
Infosys to focus on start ups, IP, Products and Platforms
The former Board member of German software giant SAP, who took over as Infosys CEO on Friday, will also work with start ups to drive scale and business for the Bangalore-headquartered firm.
Facebook, Cisco, HP interested in investing more in India: Government
"All of them are very excited about investments, opportunity and also involvement in education etc. Facebook and Cisco in particular," the Telecom Minister said.
ICICI Bank Q1 net profit up 17 pct, beats estimates
Analysts on average had expected a net profit of 25.73 billion rupees.
India blocks WTO deal on customs rules as deadline nears
WTO Director General Roberto Azevedo said talks were ongoing to try to resolve the problem before a deadline of July 31.
Jet Airways, Etihad woo passengers with 20-50 pc discount on fares
The Abu Dhabi-based carrier bought 24 per cent stake worth about Rs 2,060 crore in the Jet Airways last year, marking the first FDI by a foreign carrier.
Kingfisher, Jet group, SpiceJet owe about Rs 377 crore to Airports Authority of India
As of March-end, the dues amounted to Rs 132.45 crore, Rs 68.07 crore and Rs 172.69 crore respectively for the three carriers
Sensex, Nifty end flat
Reliance is up 2 per cent, Sun Pharma, Tata Steel, BHEL and Bharti Airtel are top gainers in the Sensex.
GDP growth to improve this fiscal, says Arun Jaitley
The country has been clocking a sub-5 per cent growth for the past two financial years, mainly on account of slowdown in investments.
India Inc hails BRICS pact to set up New Development Bank
"Agreements on setting up of the BRICS New Development Bank and the BRICS Contingency Reserve Arrangement are indeed historic," Ficci President said.
Sebi orders demat, bank account freeze in Mega Corporation case
The Securities and Exchange Board of India (Sebi) has to recover Rs 40.95 lakh from Vivekanand Patankar, Rs 40.71 lakh from Deepak Narvekar, Rs 40.68 lakh each from Santosh Narvekar and Ajit Suryavanshi and Rs 2.88 lakh from Ranjan Mandal.
Rupee rebounds 26 paise vs US dollar to 59.93; logs 1st weekly drop in 3 weeks
The rupee on Friday resumed lower at 60.25 a dollar from previous close of 60.19 at the Interbank Foreign Exchange (Forex) market.
Jewellery sector expresses disappointment with Union Budget
"The entire industry was waiting for a positive turn of events but was let down by the government in its maiden budget," All India Gems and Jewellery Federation (GJF) Chairman Haresh Soni said.
Income tax relief in Jaitley's Budget for 2014-15, smokers will pay more
The Budget raised the deduction limit on interest on housing loan for self-occupied property from Rs 1.5 lakh to Rs 2 lakh.
Budget will convert hopes, aspirations of people into trust: PM Modi
Modi said, "The Budget will give an impetus to people's participation and people's power."