Sensex rallies over 350 points; Tata Steel gains 4%
Uploading Date : 08-12-2016Benchmark indices continue to maintain the upbeat trend supported by strong global cues along with buying in Tata group and auto shares leading the rally. Besides, investors are bracing for the ECB's policy-setting meeting today........
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Steel firms hike prices by Rs 3,000 per tonne
Uploading Date : 07-12-2016Steel companies have increased prices by up to Rs 3,000 a tonne effective December, on the back of a surge in coking coal prices. International contract prices of premium hard coking coal for the third quarter of FY17 have been settled at $200 a tonne, an increase of 116 per cent, quarter-on-quarter. Moreover, spot prices have increased from $90 a tonne in July to $315 a tonne............
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Govt reworking on M-SIPS, its flagship incentive scheme for electronic manufacturing
Uploading Date : 07-12-2016The Ministry of Electronics and IT has reworked one of its flagship incentive schemes for electronics manufacturing and is taking the draft to the Cabinet for a fresh approval.......
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Demonetisation puts brakes on agri-commodity exports
Uploading Date : 06-12-2016Demonetisation has not only impacted the arrival of agricultural-commodities in the market, but the export orders in commodities such as cotton, groundnut and soya meal have also taken a toll. With exporters facing difficulties to source products from the markets, non-fulfilment of orders in November has led to order book cancellations and fall in forward contracts........
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Nifty holds 8,150, Midcap outperforms; HDFC surges 3%
Uploading Date : 06-12-2016Benchmark indices continue to maintain the upbeat trend aided by positive global cues along with buying demand among rate-sensitive sectors like auto, banks and realty.......
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Infosys horizontal delivery heads to operate under profit & loss responsibilities
Uploading Date : 05-12-2016In addition to asking industry unit heads to run their business with separate profit and loss statements, InfosysBSE -0.45 % is working on making its horizontal delivery heads operate under a P&L structure as well, as it looks to boost growth......
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Bad news for Make in India? Trump warns of imposing 35% tax on firms shipping jobs abroad
Uploading Date : 05-12-2016US President-elect Donald Trump warned of imposing a whopping tax of 35 per cent on products made by American companies that either outsource jobs overseas or build a new factory in another country........
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Gap in wholesale and retail vegetable prices widens on cash shortage
Uploading Date : 03-12-2016The difference between model (wholesale) and retail prices of primary vegetables has widened during the past three weeks, with wholesalers allegedly taking undue advantage of demonetisation to exploit farmers.....
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