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Market Data

Now do more, play more with iBall Slide IPS20

Mumbai: iBall has brought in another Terrific performance with its latest iBall Slide 3G Q7271-IPS20. After building the successful series of performance Tablets, iBall brings in IPS 20, which aptitudes an experience never seen before. The new IPS 20 boasts a narrow case paired with Metallic back cover in Golden …

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American company joins hands with HCL Infosystems to enter India

Mumbai: HCL Infosystems Ltd., India’s Premier Distribution, IT Services and Solutions Company, announced its business partnership with Hamilton Beach Brands, Inc., a leading small appliance company in America with over 100 years of product innovation.  HCL Infosystems will market and distribute innovative consumer products throughout India under the Hamilton Beach …

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Expenditure Management Commission to rationalise subsidies

New Delhi: The Government is committed to the principle of “Minimum Government Maximum Governance”. In the budget it was committed to constitute an Expenditure Management Commission, which will look into various aspects of expenditure reforms including rationalisation of subsidies, to be undertaken by the Government. The Commission has been constituted …

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Essar Global Fund exits investment in Kenya

Nairobi: Essar Capital, the fund manager of Essar Global Fund Limited (“EGFL”), which through its portfolio company Essar Telecom Kenya Limited (ETKL), operates the popular yuMobile telecom service in Kenya, today announced the signing of binding agreements with Safaricom and Airtel for sale of its telecom business in Kenya for …

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L&T Wins Water Project Orders Valued Rs. 1283 Crore

Mumbai: The Water & Renewable Energy Business of L&T Construction, a leading player in the water infrastructure and renewable energy sector in India, has secured new orders worth Rs. 1283 crore in July and August 2014. The Water Supply & Distribution Business along with its joint venture partner NCC Limited, …

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Mentha oil futures trading: A positive integration with physical markets

Ahmedabad: A study conducted on futures trading by the Indian Institute of Management Calcutta and National Institute of Science, Technology and Development Studies, New Delhi has concluded that the use of commodity exchanges to source material for industries in the food and pharma sector that use mentha oil has helped …

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No case of Ebola in India: Health Minister

New Delhi: Dr Harsh Vardhan, Union Health Minister, has expressed satisfaction with the infrastructure in place at all entry points to the country to detect people arriving with symptoms of Ebola Virus Disease (EVD). World Health Organization had sounded an international emergency on August 8 but before that the Minister …

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MCX attains highest market share since October, 2013

Mumbai: Multi Commodity Exchange of India Ltd. (MCX) achieved the highest market share of 83.4 per cent during the first fortnight of August since the collective impact of a payment crisis at National Spot Exchange Ltd (NSEL) and the Commodity Transaction Tax (CTT) hit the bourse in 2013. While its …

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India emerges most favorite global investment destination

A new report by global accountants Ernst & Young (E&Y) shows India as the most attractive investment destination ahead of China. Researchers point to a number of factors including the recent slew of reforms that resulted in the relaxation of foreign direct investment (FDI) rules that has contributed to a …

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