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Analytics in Cricket is a technological marvel: Hero MotoCorp CIO Vijay Sethi

Mar 25, 2015 at 13:51 | Source: FirstPost

With the ICC World Cup 2015 at its semi-final stage, the excitement is at its peak. Watching cricket is always exciting, and now with the help of technology (mainly analytics) the interest quotient of this popular sport has gone up exponentially. Hig...

Volatile Sensex closes 114 points down ahead of Fed meet outcome

Mar 18, 2015 at 18:57 | Source: FirstPost

Mumbai: The benchmark Sensex today frittered away early gains and closed 114 points down at 28,622.12 as investors adopted a cautious stance ahead of Fed's monetary policy statement that could signal the timing of US rate hike.While the Fed is not ex...

Rate cuts boost consumer sentiment: Passenger vehicle sales likely to rise 6-8% next year

Mar 11, 2015 at 09:15 | Source: FirstPost

New Delhi- Faster growth and improved consumer sentiment should boost sales of passenger cars and utility vehicles in India by 6 to 8 percent in the year starting in April, the country's auto industry body said on Tuesday.The improved sales outlook f...

Nifty dips below 8,900-mark as strong US jobs data raises odds of Fed rate rise

Mar 09, 2015 at 11:10 | Source: FirstPost

The benchmark BSE Sensex plunged over 340 points to 29,108.26 and the NSE Nifty dipped below the8,900-mark in early trade today on heavy selling by funds and investors amid weak Asian cues.The 30-share barometer plunged by 340.69 points, or 1.16 perc...

First Pipavav, now ABG: Thank Modi's Make in India scheme for Mahindra's interest in shipyards

Feb 26, 2015 at 11:32 | Source: FirstPost

Cashing in on the NDA government's plan to re-quip one of the world's biggest armed forces with made in India equipment, Mahindra and Mahindra is reportedly aggressively pursuing cash-strapped ABG Shipyard, India's biggest private sector shipyard.Aft...

Pipavav to ABG: Thank Modi's Make in India for Mahindra's interest in shipyards

Feb 25, 2015 at 18:35 | Source: FirstPost

Cashing in on the NDA government's plan to re-quip one of the world's biggest armed forces with made in India equipment, Mahindra and Mahindra is reportedly aggressively pursuing cash-strapped ABG Shipyard, India's biggest private sector shipyard.Aft...

ABG to Pipavav Defence: Thank Modi's 'Make in India' for Mahindra's interest in shipyards

Feb 25, 2015 at 15:32 | Source: FirstPost

Cashing in on the NDA government's plan to re-quip one of the world's biggest armed forces with made in India equipment, Mahindra and Mahindra is reportedly aggressively pursuing cash-strapped ABG Shipyard, India's biggest private sector shipyard.Aft...

Hero MotoCorp promoter further divests stake, sells shares worth Rs 945cr

Feb 19, 2015 at 20:11 | Source: FirstPost

New Delhi: Hero MotoCorp Ltd promoter Hero Group today further divested its equity holding in the company by selling shares worth Rs 944.76 crore, a day after undertaking a similar exercise for Rs 1,865.44 crore.In a filing to the BSE, Hero MotoCorp ...

Controlling shareholders sell $300 million stake in Hero MotoCorp

Feb 19, 2015 at 04:48 | Source: FirstPost

Mumbai (Reuters) - The largest investor in Hero MotoCorp Ltd(HROM.NS) sold $300 million worth of shares in India's biggest maker of motorcycles and scooters on Wednesday, freeing up cash to invest in new sectors.Brij Mohan Lal, who owns shares throug...

Hero MotoCorp tanks 5% after promoter sells 4% stake to fund new avenues

Feb 18, 2015 at 15:34 | Source: FirstPost

New Delhi: Hero MotoCorp Ltd promoter Brij Mohan Lall Munjal today pared four percent stake in the company by selling seven million equity shares to 'fund new growth avenues'."In a major initiative towards diversification into fast growth areas,...

Markets gain for the second day, Nifty closes above 8,600 on reforms hope

Feb 11, 2015 at 17:18 | Source: FirstPost

Mumbai: Stock markets today rose for the second straight day with the benchmark Sensex rising 178.35 points to end at 28,533.97 and the Nifty index reclaiming the 8,600-mark powered by a rebound in bluechips amid hopes of faster reforms and optimism ...

Domestic car sales rise over 3%, two-wheelers up 1% in January

Feb 10, 2015 at 20:20 | Source: FirstPost

New Delhi: In a slow start to the year 2015, domestic passenger car sales rose 3.14 percent in January, which industry body SIAM described as "realistic levels" considering the current economic situation.As per the latest data released by S...

Domestic car sales up over 3% in January

Feb 10, 2015 at 14:57 | Source: FirstPost

New Delhi: In a slow start to the year 2015, domestic passenger car sales rose 3.14 percent in January, which industry body SIAM described as "realistic levels" considering the current economic situation.As per the latest data released by S...

ECB helps Sensex, Nifty maintain northbound trend; Tata Power, Tata Motors lead surge

Jan 23, 2015 at 18:29 | Source: FirstPost

Mumbai: Tracking global rally triggered by ECB stimulus, the benchmark BSE Sensex today set a new high of 29,408 points and NSE Nifty breached the 8,800-level for the first time. The 30-share index, however, pared some gains to settle the day at all-...

Markets end three-day winning streak, Sensex closes below 27,500 mark

Jan 13, 2015 at 18:18 | Source: FirstPost

Mumbai: A day after the market rallied on the back of positive economic data, a benchmark index of Indian equities markets crashed 160 points in Tuesday's trade.Apart from fast moving consumer goods (FMCG) and healthcare index, all sector-based indic...

Sensex continues decline after Tuesday's crash, closes below 27,000

Jan 07, 2015 at 17:22 | Source: FirstPost

Mumbai: After Tuesday's crash, the benchmark Sensex today languished in the red for most of the session and closed 79 points down at three-week low on losses in bluechips, including ICICI Bank and Hindalco, amid continued capital outflows.The NSE Nif...

Transporters' strike in Haryana hits despataches, says Hero MotoCorp

Jan 07, 2015 at 13:52 | Source: FirstPost

New Delhi: India's two-wheeler market leader Hero MotoCorp today said the strike by transporters in Haryana has hit half of its despataches from Gurgaon and Dharuhera plants."The transporters' strike today has impacted the despatches from our pl...

India has enough land for farming but there are other bigger issues to worry about

Jan 06, 2015 at 15:35 | Source: FirstPost

One of the fears that has been raised in the aftermath of the government promulgating an ordinance to amend the Land Acquisition Act is that land will be taken away for other purposes and given that, the amount of land used for farming will come down...

Markets snap 6-day rally as Nifty consolidates near 8,400 mark

Jan 05, 2015 at 16:49 | Source: FirstPost

Mumbai: The Sensex snapped 6 days of upward movement on profit-booking today after crossing the 28,000-level in the morning for the first time since 9 December, but slipped by nearly 45.58 points to end at 27,842.32.The BSE 30-share index resumed tra...

Sensex crosses 28,000 points again, Nifty rises above 8,400

Jan 05, 2015 at 10:26 | Source: FirstPost

Mumbai: The benchmark BSE Sensex reclaimed28,000-level for the first time since 9 December and the NSENifty shot up by 22 points to trade above 8,400-mark inopening trade today on sustained fund inflows.Rising for the seventh straight session, the 30...

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