Market Bureau

Deccan Chargers on block : DCHL seeks bid to sell IPL team

In an effort to reduce debt, Cash trapped publisher Deccan Chronicle Holdings Ltd (DCHL) has invited bids to sell its Deccan Chargers cricket team, which plays in the Indian Premier League (IPL). Company made clear...

Shaji Farooq appointed Global Head of Adv Technologies at Wipro

Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited today announced the appointment of Shaji Farooq as the Senior Vice President for the company’s newly created Advanced Technologies service line, which...

Ambuja Aug cement sales 1.45 mln tn vs 1.48 mln tn

Ambuja Cements announced today the production number for the month of August. Company dispatched 1.45 mln tn cement in August, down from 1.48 mln tn a year ago. The company produced 1.46 mln tn during the month,...

Tata Motors unveils XENON

Tata Motors Ltd launched the Xenon pick-up truck in single-cab and dual-cab variants in the Indian market. Xenon has been priced at 545,000-635,000 rupees ex-showroom Mumbali according company. The company has been selling the Xenon range of...

Strides Arcolab gets US FDA nod for Vinorelbine

Onco Therapies Ltd –  wholly owned subsidiary of  Strides Arcolab Ltd today said that it has received the US Food and Drug Administration’s (USFDA) approval for generic vinorelbine injection in 10 mg and 50 mg per ml...

SC lifts ban on iron ore mines in Karnataka

After a suspension of more than a year on environment concerns, Apex has allowed as many as 18 mines to resume iron ore mining in Karnataka , opening up about 5 million tonnes a year...

Odisha halts operations at six COALINDIA mines

Authorities in Odisha halted operations at six mines of Coal India, the world’s largest coal miner, after its environmental clearances expired. According to Odisha’s director of mines Deepak Kumar Mohanty “Coal India do not have...

JSW Ispat merges with JSW Steel

After taking control of Ispat Industries (now JSW Ispat) JSW Steel, on Saturday, announced the merger of JSW Ispat with itself. The swap ratio is fixed at 1:72 i.e. for every 72 shares of Jsw...

Shome Panel for delay of GAAR by 3 yrs

The PM appointed panel, headed by Parthasarathi Shome, recommended for extending the deadline for implementation of the rules by three years. As per earlier recommendations, the guidelines were to come into effect from April 2013....

Micromax unveils A57 Ninja 3 priced at Rs 4,999

Micromax has launched the A57 Ninja 3 which runs on Android 2.3 known as ‘Gingerbread’. The dual-sim phone comes at a price tag of Rs 4,999. With Dual sim and 3.5-inch touchscreen and runs on...

GDP may fall below 6% say CII

In a poll conducted by the Confederation of  Indian Industry (CII) of its National Council shows that a majority of chief executive officers (CEOs) are pessimistic about the economic outlook for the country in the...

Gold hit new all time high, Silver at Rs 59,000/kg

Fueled by  a powerful global rally Gold prices soared to hit a fresh all—time high of Rs 31,255 per 10 grams at bullion bourses here on Saturday. Silver also rebounded to Rs 60,000 per kg...