Business News Headlines

Sensex trades flat, IT stocks gain

Mumbai , Sep 23

A benchmark index of Indian equities markets was trading flat in the opening session of trade Tuesday, even as information technology (IT), entertainment, media, technology (TECK) stocks gained.

Dunlop India's Sahaganj plant to reopen shortly

Kolkata , Sep 22

The Sahaganj plant of tyre makers Dunlop India Limited will be opened soon, the Ruia Group said after a tripartite meeting Monday.

Mumbai-Shirdi seaplane service launched

Mumbai , Sep 22

Seaplane transport company Mehair Monday launched its services to second destination in Maharastra from Juhu to Mula dam which is a waterdrome located between the religious destinations of Meherabad, Shirdi and ShaniShinglapur.

India, China can mutually learn on inviting foreign capital

Beijing , Sep 22

At a time when India has firmed up major Chinese investment into the country during President Xi Jinping's just concluded visit, a top Indian stock exchange official Monday said there was a lot of cross-market learning between both countries.

Indian PSUs need up to $37 bn to meet Basel II norms

London , Sep 22

India's public sector banks may need from $26 billion to $37 billion in external capital as Basel III norms loom, Moody's said Monday.

Hindustan Power CSR helps MP district raise food output

New Delhi , Sep 22

Hindustan Power Monday said initiatives taken under its corporate social responsibility (CSR) programme resulted in increasing the food sufficiency in Anuppur district of Madhya Pradesh by around 50 percent.

No second account needed to get Jan Dhan benefits: Government

New Delhi , Sep 22

People desirous of availing benefits under the Pradhan Mantri Jan Dhan Yojana (PMJDY) need not open another bank account in case they already hold one, the government Monday said .

Yamaha launches women helmet range

New Delhi , Sep 22

Days after Delhi government made helmets mandatory for women pillion drivers, two-wheeler manufacturer Yamaha Motor India Monday launched its helmets range for women and children starting from Rs.990.

Telangana briefs centre on Hyderabad metro project's progress

Hyderabad , Sep 22

The Telangana government Monday apprised the central government of the progress of Hyderabad metro rail project and complained that leakage of a letter written by Larsen and Toubro is the handiwork of Andhra lobby to tarnish the image of Hyderabad.

Sensex gains 116 points; consumer durables stocks rise

Mumbai , Sep 22

A benchmark index of Indian equities markets recovered after posting initial losses and closed more than 100 points (provisional) up in volatile trade Monday.