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Business News
Sensex gains 255 pts on soft Rail budget - Indian Express  Indian Express |
Sensex gains 255 pts on soft Rail budget Indian Express After a few days of dull trading, the stock market spiralled up today following the Railway Budget, with the benchmark Sensex soaring by 255 points on heavy buying by foreign funds and partial recovery in global stocks. ... Last m... |
Coal linkages of 25 power plants cancelled - Hindu |
Coal linkages of 25 power plants cancelled Hindu NEW DELHI: The Union Coal Ministry on Friday cracked the whip on power companies by cancelling coal linkages of 25 captive power plants (CPPs). These plants with a combined capacity of 1292 MW required 5.844 million tonnes of coal annually. ... Coal l... |
ADAG moves SC against RIL to execute gas pact - Indian Express  Sify |
ADAG moves SC against RIL to execute gas pact Indian Express Two days after Reliance Industries said it would move the Surpeme Court against the Bombay High Court's order on gas supply, Anil Ambani-controlled Reliance Natural Resources Ltd (RNRL) on Friday filed a special leave petition (SLP) i... |
Air India staff stage walkout - Hindu  Nhatky.in |
Air India staff stage walkout Hindu Mumbai: A large number of employees of Air India staged a walkout for two hours on Friday in protest against the delay in payment of June salaries. Around 300 employees staged a demonstration outside the Mumbai airport. ... Air India staff warned of 'hars... |
'Budget should outline vision for growth' - The Statesman  Zee News |
'Budget should outline vision for growth' The Statesman The attention of the entire nation is on the general budget to be presented in the Lok Sabha by finance minister Pranab Mukherjee on 6 July. By all accounts, it is going to be a ?popular? budget. This was indicated by no less a person ... |
Cos smell biz in wagon plan - Times of India  Hindu Business Line |
Cos smell biz in wagon plan Times of India Wagon and coach makers are sensing new business opportunities from Railway minister Mamata Banerjee's plan to start projects under private-public-partnership (PPP) model. Private sector companies like Bombardier, Titagarh Wagons and Texm... |
'Railway budget in tune with slowdown' - Hindu  Thaindian.com |
'Railway budget in tune with slowdown' Hindu Parcels lying at the New Delhi railway station to be loaded on to the train. NEW DELHI: India Inc on Friday welcomed the Railway budget as in the right direction, progressive and forward looking and in tune with the economic slowdown. ... Rai... |
For India, this downturn is not as bad as previous ones - Livemint  Straits Times |
For India, this downturn is not as bad as previous ones Livemint In spite of the current global recession being the worst since the Great Depression, in India the downturn has been more muted than previous ones. The Economic Survey compares the 2008-09 slowdown with previous ones in 20... |
'Low' may lack sting, but monsoon largely in tact - Hindu Business Line  Hindu Business Line |
'Low' may lack sting, but monsoon largely in tact Hindu Business Line Thiruvananthapuram, July 3 The overall picture of an entrenched monsoon continues to be in tact, though concerns are now being raised over the strength of the 'low' supposedly shaping up in the Bay of Bengal. T... |
Rupee up as shares rebound ahead of budget - Reuters India  Business Standard |
Rupee up as shares rebound ahead of budget Reuters India By V. Ramakrishnan MUMBAI (Reuters) - The rupee recouped early losses and rose on Friday, helped by gains in local shares ahead of the budget but the dollar's strength against major currencies curbed a further increase. The p... |
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