Lok Sabha nod for CST phase-out
NEW DELHI: The Lok Sabha on Monday approved a Bill to phase out the Central Sales Tax (CST) in four steps to prepare the stage for its eventual abolition in three years. Its abolition would pave the way for introduction of an integrated Goods ...
Honda unveils Unicorn variant
NEW DELHI: Honda Motorcycle and Scooter India (HMSI) on Monday said it was conducting a feasibility study for a new plant to cater to the increased demand. The company also indicated that it was working on a fuel injection powered bike, a ...
GAIL to join hands with China Gas
NEW DELHI: State-run utility Gas Authority of India Limited (GAIL) is all set to join hands with China Gas Holdings to undertake cooperation in city gas distribution projects, gas pipelines and supply of compressed natural gas (CNG) for the ...
Sensex recovers 215 points
MUMBAI: The stock market advanced higher on the back of firm Asian cues that helped push the Sensex up by 215 points, while shrugging off concerns about inflation pressure and slowdown in foreign institutional investment inflows. The trading ...
Briefly GoM on insurance likely to meet
NEW DELHI: The Group of Ministers on insurance is likely to meet in a couple of days to take up the long-pending issue of raising FDI ceiling in the sector to 49 per cent from the current 26 per cent, opposed vehemently by the UPA's Left allies. ...
Gold BeES lists on NSE
MUMBAI: India's first gold ETF, Gold Benchmark Exchange Traded Scheme, on Monday listed at Rs. 1,000 a unit on the National Stock Exchange. The gold benchmark ETF (Gold BeES) touched an intra-day high of Rs. 1,105 and a low of Rs. 940, while ...
BSE, NSE to resume normal trading
MUMBAI: The Bombay and National stock exchanges will return to their normal trading hours from Tuesday. The trading hours had been extended till 4:15 p.m. due to sun outage from March 5 to March 19. ...
Maruti revises Swift Diesel model prices
NEW DELHI: Maruti Udyog on Monday announced a revision in the prices of Swift Diesel models with immediate effect. The increase ranges from Rs. 4,000 to Rs. 7,000. The new price of low end model Swift Ldi goes up from Rs. 4.69 lakhs to Rs. 4.73 ...
Dunlop board approves rights issue
KOLKATA: The board of Dunlop India Ltd. (DIL) has approved a proposal to make a Rs. 27 crore rights issue. The offer letter is to be sent to shareholders shortly, DIL Chairman, Pawan Ruia, said. This development comes at a time when the Board ...
IFC invests in Financial Information Network
CHENNAI: IFC, the private sector arm of the World Bank group, is investing up to $5 million in Financial Information Network & Operations Ltd. (FINO), a technology service provider offering end-to-end IT solutions that help banks reach ...
Range of eco-friendly car batteries from TGY
CHENNAI: Tata AutoComp GY Batteries Pvt.Ltd. (TGY), a 50:50 joint venture between Tata AutoComp Systems Ltd. (TACO) and GS Yuasa International, Japan, on Monday announced the launch of Tata Green, a range of environment-friendly car batteries. ...
Publication on emerging chemical SMEs
CHENNAI: Dun & Bradstreet (D&B), in association with the SME Rating Agency of India Ltd. (SMERA), has announced the launch of its publication `Emerging Chemical SMEs of India', as part of the `Emerging SMEs of India' publication series. The
