English News >> Investment Guru India

Investment Guru India News

  • TOP NEWS

    GlaxoSmithKline considers splitting up the group - Financial Times

    GlaxoSmithKline Plc is considering a break-up of the group after investors pressed the company's board to spin off its consumer division, the Financial Times reported on Friday. GSK Chairman Philip Hampton has been in discussions with the group's biggest shareholders about the creation of a standalone pharma and vaccines company in the medium term, the FT reported,...

    • 17 hrs ago
  • TOP NEWS

    MCX Q1 consolidated net profit down 72%

    The Multi Commodity Exchange of India (MCX) on Friday reported a decline of 72 per cent in its consolidated net profit in the first quarter of 2018-19 on account of an exceptional item.According to the MCX, consolidated net profit during the quarter under review declined to Rs 7.33 crore from Rs 26.30 crore, on account of an exceptional item of Rs 23.80 crore.However, MCX's consolidated operating...

    • 19 hrs ago
  • TOP NEWS

    India`s Forex reserves deplete by over $734 mn

    India's foreign exchange (Forex) reserves depleted by $734.5 million during the week ended July 13, official data showed on Friday.According to the Reserve Bank of India's (RBI) weekly statistical supplement, the overall forex reserves declined to $405.08 billion from $405.81 billion reported for the week ended July 6.India's forex reserves comprise of foreign currency assets (FCAs),...

    • 19 hrs ago
  • TOP NEWS

    Birla Corporation plans to increase cement capacity to 20 mtpa

    Birla Corporation Ltd, the flagship of the M.P. Birla Group, is planning to scale up cement production capacity to 20 million tonnes per annum (mtpa), in the next two-three years, an official said on Friday."We have a scope to expand within our cement business. We wish to take it up to 20 mtpa in the next two-to-three years. Some of it will be addition to our existing capacity...

    • 19 hrs ago
  • TOP NEWS

    Cruise terminal to come up at Cochin Port by February 2020

    A new cruise terminal having facilities to handle 5,000 tourists will come up at Ernakulum wharf of Cochin Port by February 2020 as the port trust on Friday issued the work order for commencing the construction, an official statement said.The cruise terminal would be constructed at a cost of Rs 25.72 crore out of which, Rs 21.41 crore has been sanctioned as grant by the Tourism...

    • 19 hrs ago
  • TOP NEWS

    Honda to check 7,200 Amaze cars for steering snag

    Passenger car manufacturer Honda Cars India (HCIL) on Friday said that it will carry out a product update of the EPS (Electric-Assist Power Steering) sensor harness by inspecting 7,290 units of Honda Amaze.According to the company, those Honda Amaze manufactured from April 17 2018 to May 24 2018 will be inspected."There is a possibility that in some of these cars, the customers may feel the...

    • 19 hrs ago
  • TOP NEWS

    Modi and Xi to meet during BRICS, discuss US trade war

    China and India will discuss the US' trade war and its protectionist trade policy when President Xi Jinping and Prime Minister Narendra Modi meet on the sidelines of the BRICS Summit in Johannesburg next week, the Chinese Foreign Ministry said on Friday.While China is locked in a trade war with the US, which accuses Beijing of dodgy business practices, New Delhi last month decided to...

    • 19 hrs ago
  • TOP NEWS

    Microsoft shares at all-time high after bumper results

    By Vibhuti Sharma Microsoft Corp shares rose about 5 percent to an all-time high on Friday, after investors cheered another blockbuster quarter, backed by growth in its legacy software business and Azure cloud computing services. Shares of one of the technology world's oldest and best-known names rose nearly 4 percent to $108.20 in early trade, adding more than $30 billion to a market...

    • 19 hrs ago
  • TOP NEWS

    India`s UPL Corp to buy Platform Specialty`s agrochemical business Arysta for $4.2 billion

    India's UPL Corp on Friday said it would buy the agrochemicals business of Platform Specialty Products Corp for $4.2 billion in cash. The deal is part of chemicals maker Platform's plan to separate Arysta LifeScience and its performance solutions businesses. Platform will rename itself as Element Solutions Inc following the deal's close, and...

    • 19 hrs ago
  • TOP NEWS

    Indian Railways to have 100% bio-toilets by 2019

    Indian Railways will have 100 per cent bio toilets by next year that will make tracks safe and eliminate defacation on the rail lines, Railway Minister Piyush Goyal said according to the PTI report. He said that bio toilets was one of the most successful stories of the Railways as 60 per cent of the coaches have already been fitted with it so far. "The toilets on the entire rail netwok,...

    • yesterday

Loading...

Top