Business

TNI Bureau: Centre approved the proposal of disinvestment in five public sector firms including Hindustan Copper, Oil India, RITES, MMTC and Nalco, to raise up to Rs 15,000 crore. The move would hit the stock market and help the government…

TNI Bureau: Despite the decline of sales and share, India’s leading IT Firm’s Lodestone acquisition deal is a giant step forward – said the analysts. This year Infosys has missed its sales targets, lost market share to local rivals and even…

TNI Bureau: Gold prices crossed the Rs 32,000-mark for the first time in India ahead of the wedding season and the festivals. The yellow metal rose by Rs 320 to Rs 32,300 per 10 grams. The precious metal has gained by Rs 1,555 per 10…

TNI Bureau: Gold prices broke all its previous records and touched all-time high of Rs 31,850 per 10 grams on Tuesday ahead of the festival seasons Ganesh Chaturthi and Dussehra. With the high price of the yellow metal, the customers now…

TNI Bureau: Analysing the current situation of the cash-strapped Kingfisher, it is quite obvious that Vijay Mallya may not be able to survive unhurt without Diageo. The excellent but poorly managed Kingfisher airline is struggling to stay…

TNI Bureau: The Supreme Court ordered two of the Sahara Group’s companies to refund Rs 17,400 crore with 15 per cent interest, to more than two crore small investors, who had invested in their optionally fully convertible debentures (OFCD)…

TNI Bureau: IndiGo and Jet Airways, which provide air services at cheaper rate, had charged higher fares in several sectors on many routes than all other carriers in July when airfare had dropped. According to the data by the aviation…

TNI Bureau: Odisha has emerged as the top destination for foreign direct investment (FDI) with the proposals worth Rs. 49,527 crore, while developed states like Andhra Pradesh and Gujarat stood second and third respectively in the list.…

TNI Bureau: Putting a full stop to the 5 year long speculation, The Competition Appellate Tribunal (COMPAT) has ruled out the state-run oil marketing companies viz. IOC, HPCL and BPCL to not to compel their new, LPG connections seeking…

TNI Bureau: The Foreign Direct Investment (FDI) fell 78% in India in June, which suggested the overseas investors' are showing lack of interest due to weak economy in the country. As per the government data released on Friday, the FDI…