Posted: August 24th, 2015, 1:10pm EDT
India and Nepal on Monday decided to lay a Rs 200 crore pipeline for supplying petroproducts to the Himalayan country. This would be the first oil pipeline project between two countries in the Saarc region.
Posted: August 24th, 2015, 12:06pm EDT
Finance minister Arun Jaitley told reporters that the Prime Minister took stock of equity and currency markets, and was of the opinion that "our economy is stable" but more needed to be done.
Posted: August 24th, 2015, 11:48am EDT
Taxi-hailing aggregator Ola, promoted by ANI Technologies, said Ola Money can be used to pay for services on other e-commerce platforms.
Posted: August 24th, 2015, 9:48am EDT
Tata Sons-Singapore Airlines JV full service carrier, Vistara, has established an “Aviation Security Training Institute (ASTI)” which has been approved by the Bureau of Civil Aviation Security (BCAS).
Posted: August 24th, 2015, 8:06am EDT
Rane TRW Steering Systems Private limited - Occupant Safety Division, a 50:50 joint venture between Rane group and ZF TRW, on Monday inaugurated its airbag manufacturing plant located adjacent to its seatbelt plant at Singaperumal Koil in Chennai. The plant was inaugurated by Nigel Harris, managing director and president, Ford India.
Posted: August 24th, 2015, 8:04am EDT
Setting September 28 as the date for merger of Forward Markets Commission (FMC) with itself, Sebi on Monday announced new norms for commodities derivatives market under which exchanges and brokers in this segment will need to comply with rules applicable to their stock market peers.
Posted: August 24th, 2015, 7:54am EDT
Daimler India Commercial Vehicles (DICV), wholly owned subsidiary of Daimler AG, on Monday announced that its entire range of above 9 to 49 tonne trucks in current portfolio will now be available in Bharat Stage IV variant across the country.
Posted: August 24th, 2015, 7:47am EDT
Adani Enterprises, the flagship firm of Adani Group, has inked a pact with the Chhattisgarh government to invest over Rs 25,000 crore for setting up urea and power project as well as rice bran oil extraction plant in the state.
Posted: August 24th, 2015, 7:43am EDT
As the rupee hit a new low and the stock market took a tumble, Reserve Bank of India (RBI) governor Raghuram Rajan said on Monday that India has sufficient foreign exchange reserves to prevent volatility in the currency market.
Posted: August 24th, 2015, 7:40am EDT
Onion prices, which are already ruling at around Rs 80 per kg in most parts of the country, are likely to increase further by 10 per cent on tight supplies due to unseasonal rains affecting the crops.