EESL to export LEDs to Nepal, Bhutan, Sri Lanka and Bangladesh
Uploading Date : 22-02-2017Energy Efficiency Services Ltd (EESL) has received cumulative orders from Sri Lanka, Bangladesh, Bhutan and Nepal for about 25 million LED lamps. It is also in talks with leading banks in India for replacing air-conditioning at their ATMs...........
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Markets extend gains, Nifty hits 8,950; RIL rallies 8%
Uploading Date : 22-02-2017Benchmark indices extended gains with Nifty50 reclaiming 8,950 level amid lack of domestic cues as it readies for expiry of futures and options for the February series...............
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Renault-Nissan, Ford emerge as India's 3rd- and 5th-largest car manufacturers
Uploading Date : 21-02-2017Exports hold the key to Renault-Nissan Alliance having become the country’s third-biggest carmaker and Ford India its fifth-ranked one, testimony to the Centre’s ‘Make in India’ initiative. Both companies have less than 5% share each of the domestic market and are making the most of their manufacturing presence in the country by shipping vehicles overseas, mainly to Europe, Africa and the Middle East..............
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Government to play active role in making India a global semiconductor hub
Uploading Date : 21-02-2017The ministry of electronics and information technology (Meity) is revising its policy framework towards making India a global semiconductor hub, which will see the government taking a more active role, including initial investment, in a bid to attract private sector players. The existing policy has not worked as it offered little commercial viability for the private sector............
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50 CPSEs headed for listing, government to also cut stake in listed firms to 75%
Uploading Date : 18-02-2017As many as 50 state-run companies could be listed on the stock exchanges soon with the government putting out rules and guidelines for biggest ever plan to invite public participation in its profit-making enterprises..............
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Bharat Petroleum plans to raise Rs 2,000 crore
Uploading Date : 18-02-2017State-run oil marketing company Bharat Petroleum Corporation Ltd (BPCL) on Friday said that it plans to raise up to Rs 2,000 crore through private placement of secured non-convertible debentures during the current financial year..........
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HDFC Bank surpasses Reliance, becomes second most valuable company
Uploading Date : 17-02-2017HDFC Bank, the private sector lender, replaced Reliance Industries (RIL) to become the second most valuable company in terms of market capitalization (m-cap) on BSE.................
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Indian corporates commit nearly Rs 50,000 crore for Jharkhand
Uploading Date : 17-02-2017Corporates like JSPL, Adani group, Vedanta and A V Birla group have committed nearly Rs 50,000 crore worth of fresh investments in Jharkhand as the state’s maiden investment summit ‘Momentum Jharkhand’ got off to a glittering start on Thursday...........
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