Marginal relief: Petrol price cut by 31 paise/litre, diesel by 71 paise
Jul 01, 2015 at 08:00 | Source:
New Delhi: Petrol prices were on Tuesday cut by 31 paise per litre and diesel by 71 paise a litre in line with fall in international oil rates and rupee appreciation.The cut in petrol prices comes on back of three successive increases since May, whil...
Petrol price hiked by 64 paise; diesel cut by Rs 1.35 a litre
Jun 15, 2015 at 21:18 | Source:
New Delhi: Petrol price was on Monday hiked by 64 paise a litre, but diesel price was cut by Rs 1.35 per litre in line with trend in global oil rates.This is the third increase in petrol price since May. However, in case of diesel, the reduction has ...
Solar firm drops after star investor denies buying stake| Reuters
Jun 10, 2015 at 23:30 | Source:
MUMBAI Shares in Surana Solar Ltd (SURN.NS) dropped 13.6 percent on Wednesday, more than reversing steep early gains, after widely-followed investor Rakesh Jhunjhunwala denied exchange data showing he had bought the stock. Earlier, the shares rose as...
L&T sees profits drop 27 percent | Reuters
May 30, 2015 at 16:30 | Source:
NEW DELHI Industrial group Larsen & Toubro (LART.NS) reported a 27 percent dip in net profit for the three months to end of March, as a fall in oil prices and challenges in some international projects hurt business.The company posted a profit of ...
Germany seeks to sell Eurofighters to India, back submarine programme
May 27, 2015 at 19:47 | Source:
New Delhi: Germany's defence minister held out the prospect of more talks on a possible sale of Eurofighter jets to India and, on a visit to New Delhi, said on Wednesday Berlin stood ready to back a multi-billion-dollar Indian submarine project.Prime...
Sensex surges nearly 250 points; inches towards 27,900 mark; rupee down
May 20, 2015 at 10:19 | Source:
Key equity benchmark indices opened on a buoyant note early Wednesday, with the Sensex inching towards the 27,900-mark as heavy buying was seen in power, banking and software shares.A day after the markets ended with a negative bias, the Sensex opene...
Supreme Court bars Glenmark from selling Merck drug copies| Reuters
May 16, 2015 at 00:45 | Source:
MUMBAI The Supreme Court of India has barred Glenmark Pharmaceuticals (GLEN.NS) from making and selling copies of U.S. drugmaker Merck's (MRK.N) diabetes drugs Januvia and Janumet, according to a court document released on Friday.The court has, howev...
Vedanta Resources takes $4.5 billion writedown as oil drags | Reuters
May 15, 2015 at 03:15 | Source:
Vedanta Resources Plc (VED.L) posted a full-year loss after a sharp drop in crude prices precipitated a $4.5 billion writedown related to its Indian oil and gas business.The company's London-listed shares fell as much as 4 percent early on Thursday b...
Pound jumps after Britain's Conservatives lead election
May 08, 2015 at 12:17 | Source:
The British pound jumped on Friday after exit polls showed Prime Minister David Cameron's Conservatives headed for victory, while the dollar won support on hopes for a solid US jobs report later in the day.In Tokyo afternoon trade, sterling fetched $...
Jaya slams petrol price hike, demands revision of price fixation policy
May 01, 2015 at 14:41 | Source:
Chennai: Slamming the recent hike in prices of petrol and diesel, AIADMK General Secretary J Jayalalithaa on Friday demanded revision of the price fixation policy for petroleum products."The increase in prices of petrol and diesel effected by Oi...
Wipro promotes Premji heir apparent to board| Reuters
Apr 21, 2015 at 23:45 | Source:
BENGALURU (Reuters) - Wipro Ltd, India's third-biggest software services exporter, has appointed the son of billionaire founder Azim Premji to its board, in a long awaited promotion that moves the chairman's heir apparent closer to the top spot.Risha...