Page 68 - Companies

BSE closes points 180.94 up on Feb 14

New Delhi, Feb 14 (ANI): Trading at the Bombay Stock Exchange today closed 180.94 points up to stand at 20374.29. At the National Stock Exchange the Nifty closed 51.50 points up to stand at 6052.60. Financial Technologies and Tata Motors Ltd. were among the top gainers of Group A with an increase of 4.99% and 3.47% along with Bharti Infratel and SAIL with an increase of 2.76% and 2.73% respectively, while the top losers of Group A include Bajaj Auto and HDIL with a decrease of 2.94% and 2.53% along with Jain Irrigation and TV18 Broadcast with a decrease of 2.48% and 2.36% at the close of the markets. The Auto sector is up 13.41 points at 11,804.69 while the banking sector is down 59.61 points at 11,683.77 and the realty sector is up 26.85 points at 1,232.20. The Indian currency is down 0.38% at Rs 62.18 per dollar.

Lower minimum support prices will help curb inflation: Rajan

Reserve Bank of India Governor Raghuram Rajan, has said that a moderation in the minimum support prices for agricultural products would help curb inflation in the country. He said that inappropriate price adjustments in these areas will burden the central bank.

Govt set to raise Rs 61,162 cr from the spectrum auction

India is set to raise about Rs 61,162 crore from the auction of telecommunication spectrum, said Telecoms secretary M F Farooqui, far exceeding the government's target as it tries to narrow its budget deficit.

Technology is not too important for the auto sector: Rajiv Bajaj

Rajiv Bajaj, MD, Bajaj Auto tells Govindraj Ethiraj of Ping Network that technology is not too important for the auto sector as it has nearly saturated over the years.

BSE closes points 73.96 up on Feb 12

New Delhi, Feb 12 (ANI): Trading at the Bombay Stock Exchange today closed 73.96 points up to stand at 20437.33. At the National Stock Exchange the Nifty closed 17.10 points up to stand at 6079.80. Muthoot Finance and Crompton Greav were among the top gainers of Group A with an increase of 9.78% and 5.29% along with Motherson Sumi and Financial Technology with an increase of 4.91% and 4.61% respectively, while the top losers of Group A include Tata Steel and India bulls Real Estate with a decrease of 4.19% and 3.48% along with United Brew-$ and Cairn India with a decrease of 3.29% and 3.00% at the close of the markets. The Auto sector is up 13.41 points at 11,804.69 while the banking sector is down 59.61 points at 11,683.77 and the realty sector is up 26.85 points at 1,232.20. The Indian currency is down 0.19% at Rs 62.10 per dollar.

2014 Auto Expo ends with hope for boost in automobile sales

Greater Noida, Feb 12 (ANI): The curtains came down on the 12th edition of Auto Expo in Greater Noida with the hope that positivity around the show will spark a revival in demand after a prolonged slump in sales. Automobile giants resorted to different strategies and tactics in order to lure consumers, offered discount packages to boost sales. Car sales fell to 160,289 vehicles last month, as consumers kept a tight lid on spending, hurt by high interest rates and fuel costs in a slowing economy. Sales of passenger vehicles, which include cars and utility vehicles, fell 9.3 percent in January. The Deputy Director General of Society of Indian Automobile Manufacturers (SIAM), Sugato Sen said the taxes imposed on the automobiles resulted in decline of sales in the passenger car segment.

BSE closes points 27.98 up on Feb 11

New Delhi, Feb 11 (ANI): Trading at the Bombay Stock Exchange today closed 27.98 points up to stand at 20362.25. At the National Stock Exchange the Nifty closed 9.45 points up to stand at 6062.90. Muthoot Finance and Bharat Forge were among the top gainers of Group A with an increase of 10.74% and 6.12% along with JPPOWER and Motherson Sumi Systems with an increase of 5.83% and 4.61% respectively, while the top losers of Group A include Mangalore Refinery and MCX with a decrease of 4.20% and 3.95% along with UPL and RAMCO CEMENT with a decrease of 3.83% and 3.27% at the close of the markets. The Auto sector is up 13.41 points at 11,804.69 while the banking sector is down 59.61 points at 11,683.77 and the realty sector is up 26.85 points at 1,232.20. The Indian currency is down 0.24% at Rs 62.28 per dollar.

Superbikes bandwagon makes inroads as high top end bikemakers unveil made-for-India bikes

Greater Noida, Feb 11 (ANI): International bikemakers such as Harley Davidson, Triumph Motorcycles Yamaha and Ducati showcased their trendiest models to awe-struck Indian bikers at the 12th Auto Expo held in Greater Noida recently. The top end bikemakers displayed some machismo cruiser style and chopper designs targeting the domestic market.

Prashant Bhushan on President's speech in Parliament

New Delhi, Feb 10 (ANI): Reacting on President Pranab Mukherjee's veiled attack on the Aam Aadmi Party saying that Parliament is the Gangotri of democracy, party leader Prashant Bhushan said that AAP wants to pass the law respecting the constitution. Bhushan added that it isn't written anywhere in the constitution that the state government needs a nod from Centre and president before passing the law.

Children sing, dance and participate in hi-tech gaming sessions at Indian Auto Expo

Greater Noida, Feb 10 (ANI): Children sang and danced with their favourite cartoon characters while participating in hi-tech gaming sessions at the Indian Auto Expo in Greater Noida. In order to attract large number of children and families to the event, various activities were organized to keep the visitors entertained. Few children were seen participating in hi-tech video games session while some others were engrossed in modeling toy cars. Japanese auto and bike maker Honda invited Indian animation superstar 'Chota Bheem' and his best friend 'Chutkiat' at their motor cycle and scooter pavilion. Children participating in the games loved the arrangements.

State-of-art concept cars glisten at the Indian auto expo

Greater Noida, Feb 10 (ANI): The Indian auto expo grabbed many eyeballs with its state-of-the-art new models, with automobile giants like Hyundai, Maruti Suzuki and Renault bringing their 'out-of-the-box' concept cars to the world's sixth largest car market country. German luxury carmaker, Audi, displayed its coupe concept car -- the Sport Quattro - which with a front fascia and exposed LED headlights looks stunning. The concept is powered by hybrid powertrain, and can run up to 50 kilometers solely on electricity. BMW unveiled its lavish electric concept car, BMW i8 - first seen in Hollywood super-hit 'Mission Impossible 4'. Designed to look like a car straight from the space-age, the BMW i8 has powerful electric and petrol engines.

Young women find gusto on India's roads as new scooters hit auto market

Uttar Pradesh/ Punjab, Feb 9 (ANI): Flashy new, light-weight scooters are a hit among Indian women, with sales growing faster than the overall two-wheeler market, reflecting a deeper change in attitude and society. 'Plush pink' and 'burgundy bliss' scooters are the new buzz on India's roads, even as the rest of the autos market is sputtering amid an economic slowdown.

John Abraham endorses Yamaha motorbike at Auto Exp

Greater Noida, Feb 08 (ANI): Bollywood actor John Abraham, who is also the face of Japanese bike maker Yamaha, endorsed new models at the 12th edition of Indian Auto Expo in Greater Noida. The Auto Expo grabbed eyeballs as automobile giants like Range Rover, Hyundai, Suzuki and Yamaha showcased their glistening state-of-the-art models. Abraham, who is the brand ambassador and a fan of Yamaha bikes, launched the power pact upgraded versions of Yamaha's R1 and VMax motorbikes. A number of concept cars, utility vehicles and many new models were launched at the opening day of the automobile show at a time when the sector is going through a slump.

BSE closes points 70.03 up on Feb 7

New Delhi, Feb 7 (ANI): Trading at the Bombay Stock Exchange today closed 70.03 points up to stand at 20380.77. At the National Stock Exchange the Nifty closed 26.90 points up to stand at 6063.20. LandT Finance Holdings and Muthoot Finance were among the top gainers of Group A with an increase of 7.65% and 7.20% along with Tata Steel and TV18 Broadcast with an increase of 6.82% and 6.54% respectively, while the top losers of Group A include Financial Technology and Power Finance with a decrease of 4.99% and 4.63% along with Idea Cellular Ltd and MRF Ltd with a decrease of 4.48% and 3.25% at the close of the markets. The Auto sector is up 105.41 points at 11,806.52 while the banking sector is up 75.78 points at 11,744.18 and the realty sector is up 12.08 points at 1,205.08. The Indian currency is down 0.05% at Rs 62.40 per dollar.

Maruti Suzuki's Celerio makes global debut at 2014 Delhi Auto Expo

Greater Noida, Feb 07 (ANI): Maruti Suzuki unveiled much-awaited, 'Celerio', hatchback, which comes with the country's most affordable clutch-less option that is priced just Rs 39,000 more than its base version. Coming with an automated gearshift technology that promises to combine the high mileage of manual cars with the convenience of automatic cars, India's top carmaker hopes that Celerio will create a fresh market segment. Foreign companies showing cars at the Delhi auto show 2014, which started on Wednesday have already poured billions of dollars into factories, product development and marketing.

BSE closes points 49.71 up on Feb 6

New Delhi, Feb 6 (ANI): Trading at the Bombay Stock Exchange today closed 49.71 points up to stand at 20310.74. At the National Stock Exchange the Nifty closed 13.90 points up to stand at 6036.30. Jet Air India and Tata Communications were among the top gainers of Group A with an increase of 10.93% and 7.78% along with Coal India Ltd. and Power Finance with an increase of 4.59% and 4.53% respectively, while the top losers of Group A include Indiabulls Real Estate and Prestige Estates with a decrease of 3.36% and 3.33% along with IRB Infra and Jaiprakash Associates with a decrease of 2.96% and 2.70% at the close of the markets. The Auto sector is up 98.72 points at 11,701.11 while the banking sector is down 26.63 points at 11,668.40 and the realty sector is down 19.05 points at 1,193.00. The Indian currency is up 0.16% at Rs 62.47 per dollar.

12th edition of Auto Expo kicks off

Top automobile brands unveiled their latest edition of high-end cars at the Auto Expo 2014 that kicked off in Greater Noida and was attended by high-profile industrialist like Ratan Tata, Bollywood actor Priyanka Chopra and cricket legend Sachin Tendulkar.

12th edition of Auto Expo kicks off amidst glitz and glamour

Greater Noida, Feb 06 (ANI): Top automobile brands unveiled their latest edition of high-end cars at the Auto Expo 2014 that kicked off in Greater Noida and was attended by high-profile industrialist like Ratan Tata, Bollywood actor Priyanka Chopra and cricket legend Sachin Tendulkar. A number of concept cars, utility vehicles and many new models were launched at the opening day of the 12th Auto Expo at a time when the sector is going through a slump. The automobile show grabbed eyeballs as automobile giants like Range Rover, Hyundai, Suzuki and Yamaha showcased their glistening state-of-the-art models. World renowned auto giant Jaguar marked the Indian launch of its F-Type Coupe, which is said to be the most performance-focused Jaguar to hit the roads. Bollywood actor and pop diva Priyanka Chopra posed with the Land Rover LWB from the house of Jaguar - calling it a car designed to make a girl feel like a princess.

BSE closes points 43.44 up on Feb 5

New Delhi, Feb 5 (ANI): Trading at the Bombay Stock Exchange today closed 43.44 points up to stand at 20255.37. At the National Stock Exchange the Nifty closed 21.05 points up to stand at 6021.95. Essar Oil Ltd. and Amara Raja were among the top gainers of Group A with an increase of 7.43% and 6.47% along with Ranbaxy Lab and Power Finance with an increase of 5.69% and 5.47% respectively, while the top losers of Group A include Idea Cellular Ltd. and Jubilant Foodworks Ltd. with a decrease of 4.60% and 3.05% along with SHRIRAM CITY UNION FINANCE LTD and IRB Infra with a decrease of 3.03% and 2.69% at the close of the markets. The Auto sector is up 186.47 points at 11,602.39 while the banking sector is up 35.99 points at 11,695.03 and the realty sector is up 19.01 points at 1,212.05. The Indian currency is up 0.14% at Rs 62.44 per dollar.

Microsoft still very relevant: Satya Nadella

Microsoft Corp named 22-year company veteran Satya Nadella as its next chief executive officer and said co-founder Bill Gates would step down as chairman and advise the new CEO on technology, marking an epochal change of control at the company that drove the PC revolution.