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Rupee hits fresh 16-month high, up 13 paise at 65.69

MUMBAI: The rupee continued its stellar run against the dollar to finish at a fresh 16-month high of 65.69 on Wednesday as exporters aggressively offloaded the US currency ahead of the Fed meet outcome. Massive capital inflows on hopes of more reform measures following BJP’s strong showing in the recently held ... Read More »

Genesis Burson-Marsteller Adds New Specialised Practices

– Telecom and Technology splits into focused Consumer Technology and Enterprise Technology practices – Brand & Consumer expands scope to become Brands, Sports & Entertainment – New practice chairs also announced With a continuous endeavour to anticipate and address evolving client needs, Genesis Burson-Marsteller, a leading public relations and public ... Read More »

Sensex extends losses ahead of exit polls; down 87 pts

Mumbai : The Sensex shed about 87 points while the NSE Nifty cracked below the 8,900-mark in early trade today on sustained selling in oil and gas, power, healthcare and PSU counters ahead of exit poll results. The 30-share Sensex barometer, which had lost 146.25 points in the previous two sessions, fell ... Read More »

Alibaba Group Company To Pay Rs. 50,000 Per Month To Content Creators

New Delhi: Alibaba group firm UCWeb on Wednesday announced that it will pay a minimum of Rs. 50,000 per month to top 1,000 content creators or writers on its We-Media platform. “In the ongoing year, UC News will select 1,000 high quality We-Media creators in India with a minimal payout of Rs. 50,000 per ... Read More »

Sensex recovers 23 pts in cautious early trade

Mumbai :  The benchmark Sensex opened on a cautious note to recover almost 23 points in early trade today on fresh buying by investors in select blue-chips amid foreign fund inflows and mixed Asian cues. However, investors turned cautious ahead of the exit poll results due tomorrow for the ongoing assembly elections. ... Read More »

SBI Revises ATM Charges, To Levy Cash Transaction Fee

New Delhi: After a gap of five years, State Bank of India has decided to reintroduce penalty on non-maintenance of minimum balance in accounts from April 1, and revised charges on other services, including ATMs. The country’s largest bank will permit savings bank account holders to deposit cash three times ... Read More »

Sterling and Wilson collaborates with GERMI for India’s Premium Energy Research and Management Institute Programme

Sterling and Wilson, part of Shapoorji Pallonji Group has signed a Memorandum of Understanding with the Gujarat Energy Research and Management Institute (GERMI) to enhance post-graduate students’ transition their research into the needs of the industry. This program is titled as, “Sterling and Wilson – GERMI graduate research program”. With ... Read More »

GSPL Pipeline project for supplying Natural Gas to Automobile Manufacturers at Becharaji Gujarat completed by Ace Pipeline

In a step towards creating a world class automobile and ancillary manufacturing hub in Mandal -Becharaji taluka of Ahmedabad District, a pipeline to supply natural gas has been commissioned by Ace Pipeline. The 12” diameter carbon steel high pressure pipeline is designed and constructed in accordance with international best practices ... Read More »

Govt notifies law to make banned note possession punishable

New Delhi : The government has notified the law that makes holding of more than 10 scrapped notes punishable with a minimum fine of Rs 10,000. The Specified Bank Notes (Cessation of Liabilities) Act, 2017, was passed by Parliament last month with a view to eliminating the “possibility of running a ... Read More »

Hindustan Zinc’s Q2 Net Up 5% to Rs 2,285 Crore

Udaipur : Hindustan Zinc Ltd (HZL) on Monday reported a 5 per cent growth in its net profit at Rs 2,285.26 crore for the quarter ended September 30, 2015 helped by volume growth and cost optimisation. The Anil Agarwal-led firm had clocked a net profit of Rs 2,183.52 crore in ... Read More »