The political drama that played out during the day was reproduced in the stock markets as well. The Indian benchmark indices, after an unpredictable session which saw the market rising by as much as 1.9 per cent, ended the day down 1.1 per cent from their previous close. The BSE Sensex closed at 17173, down […]
After the declaration of the state elections results, the share market was closed 1.1% lower, as Samajwadi Party is going to take oath as the next ruling party in Uttar Pradesh. According to the market analysts, SP and Congress alliance in UP is going to fetch the reform in the centre also. It will give […]
Royal Bank of Scotland announced on Tuesday to switch 215 roles from Britain to India to cut costs, adding that it would axe a further 83 temporary British roles. “As we work to rebuild RBS we persist to streamline our business to ensure that we remain competitive,” said a spokesman for the state-rescued bank. The […]
The proposed prices of the Delhi Airport are going to create hindrances in the way of flights in the next two to three years. There will be a growth in the airport traffic in the recent times as the per capita income of people is increasing; Standard and Poor’s announced this. Delhi International Airport Limited […]
Have you ever heard about reverse logistics? It refers to the backward supply chain network, where a product moves from the end-consumer- the purchaser-to the manufacturer for reuse, discarding or excess sale. This increases the manufacturing company’s overall efficiency by reducing the cost of storing such products and offers an eco-friendly way of disposing them. […]
The Indian Government may make some he changes in the upcoming financial budget, by increasing the tax rates. On the other hand, the government is giving room to the Reserve Bank of India to decrease the tax rates for sustaining higher growth, the Reuters reported Friday, said Pronob Sen, principle advisor to the Planning Commission. […]
A landmark for the Indian markets was trading nearly 1.5% drops down in the Monday afternoon session due to heavy selling pressure, in metal, realty and banking stocks. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 17,598.42 points and was ruling at 17,379.06 in the afternoon session, down 1.46 percent […]
A consortium organized by HCL Infosystems, the famous telecome service provider RCOM won the contract of Aadhar identity program worth Rs. 300 crore. Reliance Communication According to sources, Anil Ambani-led RCom has succeeded in achiving the number repository and IT infrastructure contract for Aadhaar as part of a consortium led by HCL Infosystems. The value […]
