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Over Rs 1,000 crore damage to apple crop in J&K floods: Assocham
19 Sep 2014 at 6:06pm
Over Rs 1,000 crore worth of apple crop has been damaged in Jammu and Kashmir because of devastating floods, and consumers across the country should be prepared to pay high prices during the coming festival season, said an Assocham study.

Walmart to extend online wholesale platform reach from October 1
19 Sep 2014 at 4:23pm
Walmart India on Saturday said it will extend online wholesale platform to its members in Guntur and Vijayawada in Andhra Pradesh from October 1.

Alibaba IPO prices at top of range, raising $21.8 billion
18 Sep 2014 at 10:48pm
Alibaba Group Holding priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion on Thursday, in the latest sign of strong investor appetite for the Chinese e-commerce juggernaut.

Alibaba jumps more than 40 pc in trading debut on NYSE
18 Sep 2014 at 10:25pm
Alibaba Group Holding Ltd's shares surged by more than 40 percent in their first day of trading on Friday as investors jumped in to buy what looks likely to be the largest IPO in history.

Sensex closes flat; capital goods decline
18 Sep 2014 at 9:46pm
A benchmark index of Indian equities markets closed flat in volatile trade on Friday as capital goods, oil and gas and automobile stocks fell on profit booking.

Sensex extends gains, up 73 points in early trade
18 Sep 2014 at 9:46pm
The benchmark BSE Sensex on Friday rose over 73 points in early trade, extending gains for the third straight day on sustained buying by funds and retail investors, driven by rising optimism over trade ties with China amidst a firming trend overseas.

Rupee gains on foreign flows, but falls for the week
18 Sep 2014 at 9:43pm
The rupee rose for a fourth consecutive session on Friday, although the local currency fell against the dollar for the week.

Rupee up 10 paise against dollar in early trade
18 Sep 2014 at 9:43pm
Extending its rising streak for the the fourth straight day, the rupee strengthened by 10 paise to 60.74 against the US dollar in early trade on Friday at the Interbank Foreign Exchange market on continued selling of the American currency by exporters.

Sensex recovers 139 points on hopes Fed will keep rates low
17 Sep 2014 at 10:05pm
After two days of sharp losses, the benchmark Sensex on Thursday rebounded from three-week lows and closed with a gain of 139 points in line with positive global markets on hopes Fed will retain its low interest rate regime and China will pump fresh funds in banks to boost lending.

Sensex surges over 400 points; capital goods stocks rally
17 Sep 2014 at 10:05pm
A benchmark index of Indian equities markets on Thursday surged 414.55 points or 1.56 per cent as capital goods stocks gained.

Sensex down over 118 points on profit-booking, global cues
17 Sep 2014 at 10:05pm
The benchmark BSE Sensex slipped over 118 points in early trade as funds booked profits in recent out performers amid a mixed trend overseas.

Rupee gains for 3rd day, rises 8 paise vs USD to end at 60.84
17 Sep 2014 at 10:00pm
Rebounding from one-month lows, the Indian rupee on Thursday ended eight paise higher at 60.84 against the greenback following late dollar selling by exporters and a strong rally in local shares.

Rupee plunges, tracks dollar's gains overseas
17 Sep 2014 at 10:00pm
The rupee fell by 25 paise to 61.17 against the US currency in early trade at the Interbank Foreign Exchange market.

SBI accounts for half of mobile transactions in June: RBI
17 Sep 2014 at 8:28pm
State Bank of India accounted for half of the total number of mobile transactions undertaken in June, while ICICI Bank became the first to surpass the Rs 1,000-crore mark albeit with only a fifth of the registered users as the country's largest lender.

India's GDP to rebound to over 7 pc in 2-3 years: Arvind Mayaram
17 Sep 2014 at 8:01pm
India is following economic growth inducing policies and is confident that the GDP will rebound to over 7 per cent in 2-3 years, Finance Secretary Arvind Mayaram said on Thursday while emphasising that business confidence is back.

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