Gold extends fall on global cues, sluggish demand

Continuing its losing streak for the fourth straight day, gold prices eased further by Rs 10 to Rs 26,810 per ten grams at the bullion market today, tracking a weakening global trend and slackened demand from jewellers. Silver also dropped Rs 270 to Rs 36,500 per kg on reduced offtake by industrial units and coin

12th Paperex To Showcase 545 Exhibitors From 33 Countries

12th Paperex To Showcase 545 Exhibitors From 33 Countries

ITE India, along with 12 trade bodies, is organizing the world’s largest paper exhibition in New Delhi with the following highlights:                                                                    

Moody’s ups Indian banking sector outlook to stable

            Moody’s Investors Service today upgraded its outlook for India’s banking system to ‘stable’ from ‘negative’ on expectation that a gradual improvement in the operating environment for lenders will lead to lesser growth in bad loans in future. Moody’s had assigned a negative outlook to the Indian banking system in

Dr. Reddy’s launches Esomeprazole Magnesium Delayed-Release Capsules in US

Dr. Reddy’s Laboratories has launched ESOMEPRAZOLE Magnesium Delayed-Release Capsules USP, 20 mg and 40 mg, a therapeutic equivalent generic version of NEXIUM (Esomeprazole Magnesium) Delayed-Release Capsules in the US market on September 25, 2015, following the approval by the United States Food & Drug Administration (USFDA). The NEXIUM (Esomeprazole Magnesium) Delayed-Release Capsules brand and generic

ITC aims to garner Rs 18,000 crore revenue from agri division by FY21

ITC is aiming to garner revenue of Rs 18,000 crore from its agri division in the next five years, driven mainly by procurement and retail initiatives in rural markets. The company expects the agri business division to have a turnover of Rs 6,500 crore in the ongoing fiscal, up from Rs 5,672.07 crore in the

Shree Renuka Sugars to sell remaining stake in NCDEX

Shree Renuka Sugars (SRSL) is planning to sell its remaining stake in the National Commodity & Derivatives Exchange (NCDEX) as part of its strategy to sell all non-core assets. In this regard, the company has appointed Motilal Oswal as an advisor for the deal. The company had bought 5% stake in the exchange from Goldman

Tata Motors Group’s global wholesales stood at 74,639 in August 2015

Tata Motors Group’s global wholesales in August 2015, including Jaguar Land Rover, were at 74,639 vehicles, higher by 2%, over August 2014. Cumulative wholesales for this fiscal at 381,656 vehicles, remained flat, over last fiscal. Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in August 2015 were 29,683 units, lower by

Indian Hume Pipe Company gains on inking development agreement with Dosti Realty

Indian Hume Pipe Company is currently trading at Rs. 339.80, up by 6.80 points or 2.04% from its previous closing of Rs. 333.00 on the BSE. The scrip opened at Rs. 339.50 and has touched a high and low of Rs. 342.00 and Rs. 338.00 respectively. So far 1,417 shares were traded on the counter.

US markets remained shut on account of Labor Day

The US markets remained closed on Monday on account of ‘Labor Day’ holiday.

Tata Power’s TPDDL wins Safety Innovation Award 2015

Tata Power’s arm – Tata Power Delhi Distribution (TPDDL) has won the Safety Innovation Award 2015 instituted by The Institution of Engineers (India), under the aegis of Safety & Quality Forum. TPDDL has won the award for the seventh consecutive year. TPDDL has won this award based on the case study of ‘Implementing technology in