FDI policy easing in select sectors in the works

FDI policy easing in select sectors in the works The government is expected to soon announce relaxations in the foreign direct investment (FDI) policy in certain sectors, including single brand retail. The further liberalisation in the FDI policy is aimed at providing better business environment by removing…

Tiruchy: Bhel units linked online to monitor performance

Tiruchy: Bhel units linked online to monitor performance R Rajamanohar, executive director, Bhel Tiruchirappalli, power plant piping unit, Thirumayam and piping centre, Chennai, said that as a pilot scheme, two power stations have already been linked to all units of Bhel through an online monitoring system to assess…

Sensex back in green, rises 51 points ahead of GDP data

Sensex back in green, rises 51 points ahead of GDP data The BSE Sensex recovered about 51 points and the NSE Nifty scaled the 8,900-mark in early trade today as investors took to buying ahead of GDP data scheduled to be released later in the day amid firm global cues. The 30-share index was trading higher by 50.53…

Rupee firms up for 2nd session, up 9 paise to 66.92

Rupee firms up for 2nd session, up 9 paise to 66.92 The rupee on Monday strengthened for the second straight session, gaining by another 9 paise to close at 66.92 per dollar in view of strong foreign capital inflows coupled with firm equity market. The rupee resumed lower at 67.06 per dollar as against the last…

Infinity Towers : Godrej properties:-

Infinity Towers : Godrej properties:- A vibrant life, with premium sea-view residences awaits you at OMR, Chennai. Located in the heart of the city, you will be just minutes away from every convenience. This premium offering by Godrej Properties gives you the opportunity to turn every moment into a lasting memory. In…

Idea giving 15GB in the price of 1GB:-

Idea giving 15GB in the price of 1GB:- Mobile service provider Idea network joined their hands with e-Commerce site flipkart and is offering 15GB of 4G data at a price of 1GB. Under the offer, buyers who are purchasing 4G smartphones from Flipkart will stand a chance to obtain this offer. This offer of idea pertains to…

Aircel spectrum to be seized if Maxis owners don’t appear in 2 weeks: Supreme Court

The Supreme Court has proposed to seize and transfer the 2G licence granted to Aircel to some other entity if the owner of Maxis, Malaysia-based Anantha Krishnan, does not appear in court within two weeks.  A Bench headed by Chief Justice JS Khehar also restrained the transfer of 2G spectrum originally granted…

Apple Confirms $1 Billion Investment in SoftBank Vision Fund

Apple Inc confirmed on Wednesday its plans to invest $1 billion (roughly Rs. 6,790 crores) in a tech fund being set up by Japan’s SoftBank Group Corp. Soft Bank has said it is investing at least $25 billion (roughly Rs. 1,69,780 crores) in the fund and has been in talks with Saudi Arabia’s Public Investment…