Sensex above 36,000 mark, Nifty at 10,600

Mumbai (IANS) The key Indian equity indices rose on Friday morning with the Sensex trading above the psychological mark of 36,000 points.

The Nifty50 on the National Stock Exchange (NSE) was also trading just above the 10,600 mark.

The…

CBI case against GVK chairman, son for siphoning off Rs 705

Mumbai (IANS) The CBI has registered a case against Gunupati Venkata Krishna Reddy, the Chairman of the GVK Group of Companies and his son G.V. Sanjay Reddy, Managing Director of Mumbai International Airport Ltd. among others for alleged irregularities…

Qatar Airways starts to reinstate 18 more destinations till July 15

New Delhi (IANS) Doha-based Qatar Airways has started to reinstate 18 more destinations worldwide from July 1-15.

Accordingly, by mid-July, the airline's network will expand to over 430 weekly flights servicing more than 65 destinations.

Global cues push equity markets higher; financials rise

Mumbai (IANS) Following Asian peers, the key indices of the Indian equity market made a gap-up opening and sustained their upward trajectory during the opening session on Thursday.

Accordingly, both the 30-scrip Sensitive Index (Sensex) of…

Fuel prices hike by Rs 2/L in Mumbai

Mumbai (IANS) Petrol and Diesel prices in the economic capital of the country have been increased by Rs 2 per litre on Monday. Now, petrol will cost Rs 78.32 per litre to Mumbaikars while diesel will be available at Rs 68.21 in the city.

The…

Markets open on positive note Wednesday morning

Mumbai (IANS) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note.

The Sensex of the BSE opened at 35,009.59 points and touched a high of 35,057.17 points. The Sensex touched a low of 34,928.86 points.

On Tuesday,…

Carlyle to acquire 25% stake in Airtel's Nxtra for $235 mn

New Delhi (IANS) The Carlyle Group will acquire around 25 per cent stake in Airtel's data centre business 'Nxtra' for $235 million.

The post-money enterprise valuation of Nxtra is around $1.2 billion and Carlyle will hold a stake…

Petrol, diesel prices go for pause, relief likely ahead

New Delhi (IANS) Fuel prices have gone for a pause after rising on 22 of the past 24 days as oil marketing companies (OMC) kept the pump prices of petrol and diesel unchanged on Tuesday.

In the national capital, petrol price on Tuesday stood…

India's core industrial output plunges by over 23% in May

New Delhi (IANS) Output pace of India's eight major industries plunged in May 2020 by over 23 per cent, official data showed on Tuesday.

However, the rate of fall in the Index of Eight Core Industries decelerated on a sequential basis on…

Oracle opens 2nd Cloud region in India to help firms stay afloat

Hyderabad (IANS) In a bid to help enterprises maintain business continuity and stay on the path of digital transformation in these tough Covid-19 times, Oracle on Monday announced the opening of its second Cloud region in India.

The Hyderabad…