Advertisement

Business News

AXA Raises Stake To 49% In JVs With Bharti Enterprises

French insurer AXA has raised its holdings in Indian insurance joint ventures with Bharti Enterprises to 49 per cent, the latest in a slew of similar deals after a rule change easing cap on foreign ownership in the local insurance companie

Read More

Eight Indian Institutes Among World's Top 500 Universities

In a written reply to the Lok Sabha, Union HRD Minister Smriti Irani disclosed the rankings of the eight institutes from India on the international list

Read More

Maruti Sales Up 9.7% In November At 1.2 Lakh Units

Maruti Suzuki India on Tuesday reported 9.7 per cent rise in total sales in November at 1,20,824 units as against 1,10,147 units in the same period, last year

Read More

TV18, CNN Renew Brand Partnership

The Network18 Group and the international news channel CNN International on Tuesday announced that they had extended their brand alliance in respect of the English news channel, CNN IBN, for an unspecified period

Read More

Jet Fuel Price Cut By 1.2 Per Cent; LPG Rate Hiked By Rs 61.5

Officials said the hike in LPG rates was due to firming global rates which has also led to payout on the subsidised cooking gas go up from Rs 127.18 per 14.2-kg cylinder to Rs 188.68

Read More

Yuan's Inclusion In SDR Basket May Lead To Devaluation: Rajan

Reserve Bank of India Governor Raghuram Rajan said on Tuesday the inclusion of the yuan in the International Monetary Fund's special drawing rights basket could lead to more devaluation of the Chinese currency.

Read More

RBI Sees Growth Recovery But retains GDP Projection At 7.4%

Robust second quarter GDP numbers suggest that the economy is in early stages of recovery, RBI Governor Raghuram Rajan said on Tuesday, but retained his earlier growth projection for the current fiscal at 7.4 per cent.

Read More

Rupee Up 16 Paise Against Dollar In Early Trade

Forex dealers said besides increased selling of the American currency by exporters and banks, weakness in the dollar against other currencies supported the rupee

Read More

Sensex Extends Gains, Climbs 91 Points In Early Trade On GDP Data

The 30-share index rose by another 91.45 points, or 0.34 per cent, to 26,237.12 with all the sectoral indices, led by metal, realty and IT, trading in positive zone with gain of up to 0.99 per cent

Read More

RBI Keeps Repo Rate On Hold At 6.75 Per Cent

The RBI has lowered the rate by 125 basis points this year, including a larger-than-expected 50 bps cut at its last policy review in late September

Read More