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8 hours ago
Modi to lay foundation stones for AIIMS, power plant in Jharkhand

Ranchi, May 23 (IANS) Prime Minister Narendra Modi will on Friday lay the foundation stones for several projects, including an All India Institute of Medical Sciences (AIIMS) and a 4,000mw super thermal power plant, among others, an official said on Wednesday. The proposed projects involve a whopping Rs 27,212 crore. Modi would digitally lay foundation stone for 800x5mw super the...

9 hours ago
Fund outflows, rupee depreciation dent equity indices

Mumbai, May 23 (IANS) Persistent outflow of foreign funds along with weak global cues and a depreciation in the rupee plunged the key Indian equity indices on Wednesday. According to market observers, heavy selling pressure was witnessed in metal, oil and gas and auto stocks. At 3.30 p.m., the wider Nifty50 of the National Stock Exchange (NSE) provisionally closed at 10,430.35 po...

13 hours ago
Global cues subdue key equity indices; Vedanta scrips fall

Mumbai, May 23 (IANS) Weakness in global markets along with concerns of renewed geopolitical and trade tensions subdued the key Indian equity indices on Wednesday afternoon making the bourses trade on a flat-to-negative note. According to market observers, heavy selling was witnessed in oil and gas and metal stocks. However, healthy buying activity in capital goods, banking and I...

1 day ago
Key equity indices rise marginally on value buying

Mumbai, May 22 (IANS) Amid volatility, the key Indian equity indices traded marginally higher on Tuesday afternoon -- after declining in the last five trading sessions -- due to value buying by investors. However, high crude oil prices and mixed cues from the Asian markets prevented further gains in the indices. At 12.33 p.m., the broader Nifty50 of the National Stock Exchange (N...

1 day ago
Hindustan was never 'a place of plunder' for Mughals: Writer Ira Mukhoty

New Delhi, May 22 (IANS) At a time when demonising the Mughal empire has become fashionable in India and a negative perception of their rule comes a new book Daughters of the Sun: Empresses, Queens and Begums of the Mughal Empire, whose writer, Ira Mukhoty maintains that Hindustan was never a plunderous foray for the Mughals. The ambition of the Mughals in India, according to Mukhoty, wa...

4 days ago
Karnataka politics, oil prices plunge equity indices

Mumbai, May 19 (IANS) The political stand-off in Karnataka, along with the persistent rise in global crude oil prices and a large outflow of foreign funds, pulled the key Indian equity indices deep into the red in the week just-ended. Even a weak rupee and higher-than-expected inflation scenario eroded investor sentiments. On a weekly basis, the barometer 30-scrip Sensitive Index...

4 days ago
Odisha CM requests Modi for Defence Industry Corridor

Bhubaneswar, May 19 (IANS) Odisha Chief Minister Naveen Patnaik on Saturday urged Prime Minister Narendra Modi to establish a dedicated Defence Industry Corridor and Aeronautical University in the state. In a letter to Modi, Patnaik said Odisha provides a comprehensive ecosystem and state-of-the-art industrial infrastructure facilities for indigenous design, development, and manufacturin...

5 days ago
Harish Manwani appointed Tata Sons' Independent Director

Mumbai, May 18 (IANS) Tata Sons on Friday said that former Global Chief Operating Officer for Unilever and the Non-Executive Chairman of Hindustan Unilever Harish Manwani has been appointed as an Independent Director on its Board. According to Tata Sons, Manwani is also the Global Executive Advisor to Blackstone Private Equity group. Through his career, he held several senior man...

5 days ago
Equities slump on Karnataka political crisis, high oil prices

Mumbai, May 18 (IANS) The uncertain political environment in Karnataka along with high global crude oil prices and consistent outflow of foreign funds pulled the key Indian equity indices deep in the red on Friday. According to market observers, depreciation in the rupee eroded investor sentiment which was also impacted by broadly negative global markets. Index-wise, the wider Ni...

5 days ago
Karnataka's political crisis, oil prices plunge equities

Mumbai, May 18 (IANS) The uncertain political environment in Karnataka along with high global crude oil prices pulled the key Indian equity indices deep in the red on Friday. According to market observers, heavy selling pressure was witnessed in capital goods, auto and metal counters. At 3.30 p.m., the wider Nifty50 of the National Stock Exchange (NSE) provisionally closed at 10,...

5 days ago
Reach of digital space in fashion industry is phenomenal: Manish Malhotra

New Delhi, May 18 (IANS) Ace designer Manish Malhotra, who has crossed the 4 million mark on his Instagram account, says the reach of digital space in fashion industry is phenomenal as people now have become more vocal about their opinions and craftsmanship, and this helps a brand grow. I feel the reach of the digital space in our industry is phenomenal and the impact it has on your bran...

5 days ago
RJD protests 'murder of democracy in Karnatka

Patna, May 18 (IANS) RJD leader Tejashwi Yadav, registering his protest against the murder of democracy in Karnataka, will on Friday meet Governor Satyapal Malik and stake claim to form the Bihar government being the leader of the single largest party in the state Assembly. Rashtriya Janata Dal (RJD) leaders and workers staged dharnas across Bihar throughout the day to protest against Ka...

5 days ago
Equity indices in red; capital goods, banking stocks slump

Mumbai, May 18 (IANS) The key Indian equity indices traded in the red on Friday afternoon due to weak global cues including persistent rise in crude oil prices along with heavy selling in capital goods, banking and auto stocks. At 12.22 p.m., the wider Nifty50 of the National Stock Exchange (NSE) traded at 10,643.35 points, down 39.35 points or 0.37 per cent from the previous close of 10...

6 days ago
Weak global cues pull Indian equities lower

Mumbai, May 17 (IANS) The key Indian equity indices traded in the negative territory on Thursday afternoon due to weakness in the global markets along with persistent rise in crude oil prices. The indices had, however, opened on a positive note. At 12.30 p.m., the wider 50-scrip Nifty of the National Stock Exchange (NSE) was trading at 10,706.45 points -- down 34.65 points or 0.32 per ce...

7 days ago
Uncertainty over Karnataka government formation subdues equities

Mumbai, May 16 (IANS) Uncertainty over the Karnataka government formation, along with high crude oil prices and outflow of foreign funds dragged the key Indian equity indices in the red on Wednesday. On Tuesday, none of the major political parties were able to achieve a clear majority in the Karnataka assembly elections, leading to political uncertainty. According to market analy...

7 days ago
Uncertainty over Karnataka government formation subdue equities

Mumbai, May 16 (IANS) Uncertainty over government formation in Karnataka, along with weak global cues led the key Indian equity indices to provisionally close the day's trade session in the red on Wednesday. No party achieved a clear majority in the assembly election results announced on Tuesday, leading to uncertainty over the formation of the next government. According to marke...

7 days ago
Uncertainty over Karnataka government formation depress markets

Mumbai, May 16 (IANS) Uncertainty over government-formation in Karnataka, along with weak global cues, suppressed the key Indian equity indices on Wednesday afternoon. No party achieved a clear majority in the election results announced on Tuesday, leading to uncertainty over the formation of the next government. According to market analysts, heavy selling pressure was witnessed ...

9 days ago
I-T probe finds another link between Essar, NuPower: Report

New Delhi, May 14 (IANS) The multi-agency investigation into NuPower Renewables appears to have widened further with the focus now shifting to another subsidiary, NuPower Technologies, a leading national daily reported on Monday. Just as in the case of the parent company, the investigation has reportedly unearthed shareholder-level transactions between NuPower Technologies and a company ...

9 days ago
Real Kashmir football club qualifies for I-League 2nd division

Srinagar, May 14 (IANS) For the first time in its history, a Kashmir based football club has qualified for the final round of the Hero I-League 2nd Division. Srinagar based Real Kashmir Football Club did this on Sunday in style after remaining unbeaten and topping their group in Round 1 campaign of 10 matches. The group had local rivals Lonestar Kashmir FC, Delhi United, Hindusta...

10 days ago
BJP protecting corrupt, silent on Rafale deal: Congress

New Delhi, May 13 (IANS) The Congress on Sunday hit back at the BJP for protecting its corrupt leaders and Ministers and slammed Defence Minister Nirmala Sitharaman for her silence on key defence controversies, including the Rafale deal. It said the Income Tax Department was a caged bird of the BJP-led government and action against senior Congress leader and former Union Minister P. Chid...

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