Dec 09, 2016 at 13:41 | Source: CNBC-TV18
The market has started to settle as they now know that demonetisation impact will be short-term, says Sunil Subramaniam, CEO of Sundaram MF. Gross Domestic Product and consumption will atke a hit in next few months.
Dec 09, 2016 at 12:50 | Source: PTI
"The company will be undertaking scheduled maintenance shutdown at some of its automotive and tractor plants in December 2016," Mahindra & Mahindra said in a BSE filing.
Dec 09, 2016 at 11:04 | Source: Moneycontrol.com
Banco Products shares rallied more than 7 percent intraday Friday after the company dropped its share buyback proposal.
Dec 09, 2016 at 10:57 | Source: Moneycontrol.com
All major players Maruti, Hyundai, M&M and Honda will close manufacturing units this month and next month. While insiders are blaming demonetisation for the extended shutdown, Maruti and Hyundai have said it is as per previous plans, mentions a report in The Economic Times.
Dec 08, 2016 at 22:08 | Source: Moneycontrol.com
Banco Products (India) has informed that the Board of Directors of the Company after detailed deliberations and discussions, decided to drop the proposal of buyback of equity shares of the Company and decided not to further proceed with the proposal of buyback of equity shares of the Company.
Dec 07, 2016 at 11:23 | Source: CNBC-TV18
Government extended minimum import price (MIP) on 19 products for two months to protect domestic steel industry from below-cost imports. Steel Secretary Aruna Sharma believes that steel capacity will reach 150 MT in couple of years.
Dec 05, 2016 at 13:42 | Source: PTI
As per publication 'Analysis of Budgeted Expenditure on Education - 2015' of the HRD Ministry, public expenditure on higher education as a percentage of GDP for the year 2013-14 was 1.34 percent, HRD Minister Prakash Javadekar said during Question Hour.
Dec 05, 2016 at 12:52 | Source: PTI
The world's third-largest energy consumer needs to raise domestic oil and gas production to cut imports as also establish partnership with regional energy powerhouses, he said while addressing the inaugural session of Petrotech conference here.
Dec 05, 2016 at 09:39 | Source: CNBC-TV18
Domestic institutional investors are still buying in a big way and a check with foreign institutional investors also suggests they see the recent market decline as a temporary blip and are keen to pick up quality stocks, says Harendra Kumar of Elara Capital.
Dec 04, 2016 at 13:11 | Source: Reuters
India has yet again extended the floor price of imports of steel products for a further two months as the government tries to protect the domestic industry from cheap overseas shipments, especially from China.