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23 hours ago
Coolpad launches 'Cool Play 6' smartphone at Rs 14,999

Dubai, Aug 20 (IANS) Chinese smartphone maker Coolpad on Sunday launched its flagship gaming smartphone Coolpad Cool Play 6 at Rs 14,999 in the Indian market. The phone unveiled here at an event comes in a metal body and sports a bezels display. It has a 5.5-inch Full HD display with 1080 x 1980 pixels screen resolution. The Coolpad Cool Play 6 is powered by 1.4GHz Octa-core Qual...

1 day ago
CMFRI develops breeding technology for Indian pompano

Kochi, Aug 20 (IANS) Mariculture in the country is set for a major boost with the Central Marine Fisheries Research Institute (CMFRI) successfully developing a seed production technology for Indian pompano. Indian pompano (Trachinotus mookalee) has a high commercial value both in domestic and international markets. According to Kochi-headquartered CMFRI Director A. Gopalakrishnan...

1 day ago
GST to enable brand licensing industry to grow in India

Mumbai, Aug 20 (IANS) The implementation of Goods and Services Tax (GST) will enable brand licensing industry to grow in India and also allow retail industry to start respecting intellectual property rights, an official said on Sunday. Modern retail would unlock itself because of GST. The new tax system will provide level playing field for all the players. We will start respecting lot of...

1 day ago
Planters apprehensive about future of Darjeeling tea exports, pin hopes on GI tag

Kolkata, Aug 20 (IANS) Amid fears of losing export markets to other nations due to the ongoing unrest in the northern West Bengal hills, Darjeeling's tea planters are hoping that the Geographical Indication (GI) tag will enable them to regain their market share in the future. All plucking and manufacturing operations in Darjeeling's 87 gardens have been suspended since June 9 due to the ...

1 day ago
Global cues, FIIs' fund movement to steer equity markets

New Delhi, Aug 20 (IANS) Global cues and direction of foreign funds' flows are expected to affect the movement of key equity indices during the upcoming week, market observers opined. With earnings season almost over, markets would now focus on global risks and political developments from the US, valuations, domestic flows and stock- or sector-specific developments, Devendra Nevgi, Chief...

2 days ago
Equities rebound on easing geo-political tensions, DIIs inflows

Mumbai, Aug 19 (IANS) Key Indian equity indices -- the Sensex and the Nifty50 -- rebounded from their five-week lows during the week ended Friday as sentiments were buoyed by easing global geo-political tensions and healthy buying in realty, metal and FMCG stocks. According to market analysts, despite the reluctance observed in foreign institutional investors (FIIs) to pump in funds, con...

3 days ago
Infosys stocks, negative global cues drag equities lower

Mumbai, Aug 18 (IANS) Breaking a three-day gaining streak, key Indian equity indices -- the NSE Nifty50 and the BSE Sensex -- slipped on Friday as a sell off in the stocks of index heavyweight Infosys, coupled with negative global cues, hampered investors' risk-taking appetite. The Nifty50 of the National Stock Exchange (NSE) fell by 66.75 points, or 0.67 per cent, to close at 9,837.40 p...

3 days ago
TGBL reviewing its associates' plantation operations

Kolkata, Aug 18 (IANS) Tata Global Beverages is reviewing plantation operations of its two associates -- Amalgamated Plantation Private Ltd (APPL) and Kanan Devan Hill Plantations Ltd -- to make them profitable, an official said on Friday. Responding to shareholders' query on company's associate, APPL Chairman N. Chandrasekaran said: It is a tough one. It is continuing to lose money. We ...

4 days ago
Volkswagen submits roadmap for recalling 3.23 lakh vehicles to NGT

New Delhi, Aug 17 (IANS) German vehicles manufacturer Volkswagen on Thursday submitted a roadmap to the National Green Tribunal (NGT) on recallling its 3.23 lakh vehicles for violating India's emission norms. The automobile major is in the process to recall its vehicles fitted with a 'defeat device' meant to cheat on emission tests and roadmap was submitted in accordance with the NGT's r...

4 days ago
Equities close marginally higher; IT stocks keep sentiments buoyed

Mumbai, Aug 17 (IANS) After a volatile day of trade, the key Indian equity indices on Thursday closed on a flat note though continuing their streak of gains for the third consecutive session on the back of healthy buying in IT, Teck (technology, media and entertainment) and metal stocks. According to market observers, negative European markets, coupled with profit booking in automobile a...

4 days ago
Hitachi launches global IT support centre in Gurugram

New Delhi, Aug 17 (IANS) IT services provider Hitachi Systems Micro Clinic (HSMC) on Thursday launched a 'Global Operation Centre' in Gurugram which will provide offshore IT operations support to companies worldwide. The 'Global Operation Centre' is aimed at providing secure, reliable and market-competitive IT services globally and will contribute to Hitachi India's business. Apa...

4 days ago
How testosterone can influence bull market trading

Toronto, Aug 17 (IANS) Higher levels of testosterone, the male sex hormone, can directly influence traders to take financial decisions that can drive prices up and destabilise markets, a study has found. The findings showed that the changes in buying and selling pressures give rise to bubbles and subsequent crashes as the hormone directly increases the size and persistence of stock marke...

4 days ago
Indian equities pare gains to close flat

Mumbai, Aug 17 (IANS) The key Indian equity indices on Thursday provisionally closed on a flat note -- with marginal gains -- on the back of healthy buying in IT, Teck (technology, media and entertainment) and metal stocks. However, market observers opined that negative European markets, coupled with profit booking in automobile and banking stocks, pared most of the gains of the key indi...

4 days ago
Firms in India invest $200 mn in retail assets

New Delhi, Aug 17 (IANS) Private equity (PE) firms and wealth funds in India have invested over $200 million in retail assets during the year, a report said here on Thursday. According to the India Retail MarketView Report - H1 2017, India has topped the global Retail Development Index in 2017 -- overtaking China -- with 70 new entries and expansions by global and domestic brands across ...

4 days ago
Equities trade in green; metal, oil&gas stocks buoy sentiments

Mumbai, Aug 17 (IANS) The key Indian equity indices traded on a flat-to-positive note during the mid-afternoon trade session on Thursday, as healthy buying in metal, oil and gas, and IT stocks kept investors' sentiments buoyed. However, market observers opined that a mixed trend observed in the global markets, coupled with profit booking in automobile and banking stocks, pared gains. ...

4 days ago
Smart cities to drive video surveillance market in India: Seagate

New Delhi, Aug 17 (IANS) As the drive to build smart and secure cities gains momentum, the relevance of video-based surveillance to ensure safety at workplace and beyond has increased multifold, a senior executive of US-based data storage company Seagate has said. According to a recent report from Ireland-based Research and Markets, India's video surveillance market is projected to grow ...

4 days ago
More pesticide-contaminated eggs detected in S.Korea

Seoul, Aug 17 (IANS) Eggs from 23 more farms in South Korea has been found contaminated with harmful pesticides, authorities announced on Thursday. The Ministry of Agriculture, Food and Rural Affairs said it has detected fipronil-contaminated eggs in five farms, while eggs from 18 other farms have been found to contain bifenthrin and other pesticides, reports Efe news. The latest...

4 days ago
Key Indian equity market indices open higher

Mumbai, Aug 17 (IANS) Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex) of the BSE, which had closed at 31,770.89 points on Wednesday, opened higher at 31,919.17 points. Minutes into trading, it was quoting at 31,816.25 points, up by 45.36 points, or 0.14 per cent. At the National Stock Exchange ...

4 days ago
Non-fuel retail to widen petrol pumps' revenue base: Pradhan

New Delhi, Aug 16 (IANS) The government is considering enhancing the revenue base of state-owned oil companies' petrol pumps by allowing them to offer pharmaceuticals, groceries and other such products for sale. According to Minister for Petroleum and Natural Gas Dharmendra Pradhan, pharmacies and Information Technology (IT) service centres could be set up at petrol pumps in the future.<...

4 days ago
Non-fuel retail to widen petrol pumps' revenue base: Pradhan

New Delhi, Aug 16 (IANS) The government is considering enhancing the revenue base of state-owned oil companies' petrol pumps by allowing them to offer pharmaceuticals, groceries and other such products for sale. According to Minister for Petroleum and Natural Gas Dharmendra Pradhan, pharmacies and Information Technology (IT) service centres could be set up at petrol pumps in the future.<...

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