Peso

For easing the task of coal exploration, Jindal Steels is in discussion with an Australian firm that might result in Joint Venture for the process. JSPL (Jindal Steel & Power Ltd.), led by Navin Jindal [...]

An Agro park project built in 2,800acre promoted by Indian Farmers Fertilizer Co-operative (Iffco) has attracted interest from investors belonging to a large number of countries like Netherlands, Italy, Israel as informed by a company [...]

Rupee climbed at the highest level in two weeks owing to gains in Asian currencies and robust swing in stock market. The rupee traded at 49.67 against dollar, which was stronger than Wednesday’s close of [...]

Essar Oil has increased its capacity from 10.5 million tones per annum (mtpa) refinery in last year’s May to 15 mtpa in the present year. The scrip has become twice in last month’s period to [...]

Permission for clearing the huge pile of metal scrap that was lying at Nhava Sheva has finally been received leading to hopes of the area getting rid of these containers. The material comprises 400 vessels [...]

IndusInd, by way of treasury profits was able to give its net profit a jump from Rs.14.45cr in March 2008 to a whopping Rs.50.52cr in 2009 i.e. a 250% rise. Consequently, an increase in dividend [...]

Yields from government bonds went down to one week low due to RBI’s declaration of stopping its afternoon operations of money market. In the last two days, RBI accepted funds of its reverse repo auctions [...]

A Survey conducted on 500 companies showed that PMI (Purchasing Manager’s Index) of ABN AMRO Bank went up from 49.5 in March to 53.3 in April. The jump clearly indicates that expansion is on the [...]

Religare has shown interest in AIG (American International Group) Investments, the multi assets investment management arm of AIG. The company was put on sale in January owing to the financial troubles being faced. Religare, the [...]