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22 December 2014, 17:30

Azim Premji Trust picks up near 1% stake in HDFC Life for Rs 199 cr

Housing Development Finance Corporation (HDFC) today informed the exchanges that they have agreed to sell up to 1,89,51,361 equity shares of Rs 10 each of HDFC Standard Life Insurance Company Limited (HDFC Life) to the Azim Premji Trust at a price ...
Business Standard, 7 min(s) ago
Also from: Smart Investor, Economic Times and 3 other sources

India, Russia Close in on Kamov-226T Helicopter Deal

India and Russia has agreed on an in-principle arrangement, allowing India to manufacture Russian helicopters locally. Reuters The initial batch of Kamov-226Thelicopters will be catering to the demands of the Indian armed forces, with ...
International Business Times India, 2 hour(s) ago
Also from: Business Standard, India Brand Equity Foundation and 6 other sources

Oil markets face uncertain future as OPEC targets competitors

A supply glut, lower demand and the stronger US dollar have all contributed to pushing down oil prices, which have dropped nearly 50 per cent since June to around $60 a barrel. ABU DHABI: The determination of powerful Gulf OPEC members to stifle competition ...
Economic Times, 9 min(s) ago
Also from: Business Standard India, Hindustan Times and 2 other sources

Mayuresh Joshi neutral on Coal India

Mayuresh Joshi of Angel Broking is neutral on Coal India.
Money Control, 7 min(s) ago
Also from: INooz, Navhind Times and 2 other sources

Pakistan accountability court rejects Zardari's plea

An accountability court in Pakistan Monday rejected the acquittal plea of former president Asif Ali Zardari in the SGS and Contecna corruption cases. The court has directed that the trial begin from Jan 8 and has summoned prosecution witnesses. The case was ...
Business Standard, 8 min(s) ago
Also from: Business Standard India, International Business Times India and 2 other sources

Videocon Shares Surge on Fund Raising Plans

Shares of the Videocon Industries surged on Monday after the company said it will raise $45.216 million (Rs.286.22 crore) through global depository receipts (GDRs). The company informed BSE that, US$ 45.216 million ("GDR") representing 15,700,000 ...
Oneindia, 2 hour(s) ago
Also from: NDTV Profit, Livemint.com and 2 other sources

Rajya Sabha adjourned again on religious conversion issue

Samajwadi Party (SP) leader Naresh Agarwal reportedly said that he has submitted a notice to suspend all work and take up the debate. The opposition once again demanded a debate on the religious conversion issue in the Rajya Sabha, forcing deputy chairman P J ...
India Infoline, 2 hour(s) ago
Also from: Business Standard India, Business Standard

Renault to increase prices from next month

Automobile manufacturer Renault India Monday said effective Jan 1, 2015, it will increase prices of its vehicles up to 2.5 percent due to rising input costs."So far we have absorbed the rising input costs, but a sustained challenging market environment has ...
Prokerala, 2 hour(s) ago
Also from: NetIndia123.com, Yahoo! India and 2 other sources

SpiceJet's dues grew to Rs 1,230 crore in 18 days till December 10: Government

Troubled budget carrier SpiceJet's dues to foreign and Indian vendors, airport operators and oil companies grew swiftly from Rs 990 crore to Rs 1,230 crore in a matter of 18 days till December 10, Lok Sabha was informed on Monday. The airline's dues to ...
IBN Live, 51 min(s) ago
Also from: Money Today, Rediff.com

Azure power signs initial agreement to develop 1000 MW solar power

Pic Courtesy: - New Delhi: Azure Power Monday announced signing of an initial agreement with Rajasthan government to develop a 1000 MW solar power project. The company is already building 100 MW solar power plant to be commissioned by April 2015, ...
ZeeNews.com, 3 hour(s) ago
Also from: Smart Investor, Economic Times and 4 other sources

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