BP gets govt nod to sell petrol, diesel and ATF
Uploading Date : 07-10-2016The Indian arm of BP Plc has received approval from the ministry of petroleum and natural gas to sell petrol, diesel and aviation turbine fuel (ATF) in the country............
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Modi government's spectrum math goes awry
Uploading Date : 07-10-2016The government will have to raise Rs 32,000 crore more to meet the fiscal deficit target of 3.5 per cent of gross domestic product (GDP) for 2016-17, as it will get just half of the Rs 64,000-crore it had budgeted for 2016-17 from spectrum sale. This prompted economists to say the fiscal deficit target for the current financial year was too stiff............
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Adoption of GST poised to boost India's medium-term growth: IMF
Uploading Date : 07-10-2016WASHINGTON: Asserting that India has shown that progress on reforms could "ignite" business investment, the IMF today said the adoption of goods and services tax is poised to boost the country's medium-term growth..........
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DHFL cuts home loan rate by 0.2 per cent
Uploading Date : 07-10-2016NEW DELHI: Dewan Housing Finance Corporation Ltd (DHFL) today reduced lending rate by 0.2 per cent to 9.35 per cent to cash in on the festival fervour. The revised rate of 9.35 per cent for its new customers would be effective from October 11, DHFL said in a statement.
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Sharda Crop up 16% on meet with investor, Motilal's 'Buy'
Uploading Date : 06-10-2016Shares of Sharda Cropchem surged over 16% to Rs 450.8 on Wednesday after the company disclosed that it met DSP Blackrock Investment Managers on Tuesday and brokerage Motilal OswalBSE 4.10 % assigned a buy rating on the stock. The brokerage has set a target price of Rs 500 on the stock.
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Orient Cement, JP Associates jump up to 7% on business talks
Uploading Date : 07-10-2016NEW DELHI: Shares of Orient Cement and Jaiprakash AssociatesBSE 3.98 % shot up to 7 per cent in Thursday’s trade amid reports that the former has emerged frontrunner to buy out a 74 per cent stake in Bhillai Jaypee Cement, a subsidiary of Manoj Gaur-led company..........
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Sensex up around 100 points; RIL, ONGC gain 2%
Uploading Date : 07-10-2016Benchmark indices continue to trade in a narrow range with positive bias led by buying demand among oil & gas shares. However, the upside is capped due to selling pressure among information technology shares.........
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Grasim Industries trades ex-stock split; rises 2%
Uploading Date : 07-10-2016Grasim Industries was up 2.2% at Rs 1,009 on the BSE in an intra-day trade after the stock turned ex-stock split in the ratio of 5:1 on Thursday. Grasim Industries has fixed October 08, 2016 as the record date for the purpose of sub-division of each equity share of the company having a face value of Rs 10 each fully paid-up into 5 (Five) equity shares of the face value of Rs 2 each fully paid-up.
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