Trudeau says India Inc to invest $1bn, create 5,000 new jobs

Feb 20 2018

Canadian Prime Minister Justin Trudeau said corporate India has committed USD 1 billion worth of investments in his country, which will create over 5,000 jobs.

H&M India to make online foray later this year

Feb 20 2018

Swedish fashion retailer Hennes & Mauritz (H&M) is planning to have an online presence in the country this year.

Par panel discusses issues related to Air India stake sale

Feb 20 2018

A Parl panel discussed various issues related to Air India disinvestment and civil aviation ministry’s demand for grants for the next fiscal.

Government bonds slip, call money rates end higher

Feb 20 2018

The 7.17 percent 10-year benchmark bond maturing in 2028 went-down to Rs 96.58 from Rs 97.1850 previously, while its yield rose to 7.67 percent from 7.58 percent.

Cabinet approves six rail projects in 4 states

Feb 20 2018

The government approved six projects at a cost of Rs 11,661 crore for new lines as well as doubling and electrification of tracks, the Railways said.

PNB fraud: CBI questions 10 bank officials, 18 company employees

Feb 20 2018

The CBI questioned 10 PNB officials, including an Executive Director, and 18 employees of Nirav Modi and Gitanjali group of firms in Rs 11,300 crore bank fraud case.

BSNL, Japan's NTT AT sign pact for future tech, 5G test

Feb 20 2018

BSNL and Japan's NTT AT along with their Indian partner Virgo Corps have signed agreement to collaborate in futuristic technologies.

Ind-Ra revises outlook on infra sector to stable for FY19

Feb 20 2018

Rating agency Ind-Ra today said it has revised the outlook on infrastructure sector to stable for the next fiscal on signs of improvement in projects.

Naxal-affected Malkangiri to get 1st railway line by 2022: Goyal

Feb 20 2018

Piyush Goyal said Odisha's Naxal-affected Malkangiri is set to get its first railway line by 2022 with the Union Cabinet giving its nod to the project.

Sensex crumbles for 3rd day; private banks play spoilsport

Feb 20 2018

Sensex slipping over 71 points to mark its third straight-session loss as private banks put a dampener on the momentum created by IT counters.

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Stocks In News



Promoter Instant Holdings bought over 1% stake, or 28 lk skares, in co for Rs 111 Cr

Shares acquired at average price of Rs 395.95

By Dec 2017, Instant Holdings held 1.80 cr shares, or 7.01% stake, in Co

Mint Reports


Automotive Tyre Mfg Association says shortage of carbon black may shutdown plants

Demand supply gap has gone up to 20% in FY18

Financial Express Reports


Centre urges graphite electrode mfg cos to cut local prices

Also signaled possibility of introduction of an export tax

Graphite electrodes are used to melt scrap to produce new steel

Financial Express Reports


Arm Buys 4.84% More Stake In Ranbaxy Malaysia For 1.66 Mn Ringgit


Acquires 46% stake in PTCL with a total Enterprise Value of Rs 232 Cr

Acquisition indicated to be completed by Q1 FY19

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