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Hopes of rate cut, positive global cues swell equity markets

Mumbai, March 1 (IANS) Expectations of a rate cut, coupled with budgetary announcements and positive global cues, led the Indian equity markets on Tuesday to their steepest gains since September 2013. Consequently, the barometer 30-scrip…



SBricks launch walk-in store services in Hyderabad

Hyderabad, March 1 (IANS) SBricks.com, on-demand hybrid home cleaning, laundry and repair startup, on Tuesday announced walk-in store services in three locations in Hyderabad. ‘Walkin-to-Clean’ centres are, unique stores that offers quality cleaning services for…








Tata Comm’s deal to sell Neotel lapses

Mumbai, March 1 (IANS) Tata Communications said on Tuesday that its plans to sell majority stake in its Neotel to Vodacom, the South African subsidiary of Vodafone, has lapsed due to regulatory complexities in concluding…





Tata Motors hikes passenger vehicle prices

Mumbai, March 1 (IANS) Automobile major Tata Motors on Tuesday hiked prices of its passenger vehicles by Rs.2,000 to Rs.35,000. “In line with the cess levies from the budget announcement, we are increasing the prices…



CII backs holding of DefExpo 2016 in Goa

Panaji, March 1 (IANS) Hosting the four-day Defence Expo would benefit Goa by helping it pitch itself to the international investment community, Confederation of Indian industry (CII) said on Tuesday. The CII also criticised a…



Hero MotoCorp’s February sales up 13.6 percent

New Delhi, March 1 (IANS) Leading two-wheeler manufacturer Hero MotoCorp on Tuesday said it sold 5,50,992 vehicles in February 2016, registering a growth of 13.6 percent compared to the same period last year. The company…


Tata Motors reports six percent growth in sales

Mumbai, March 1 (IANS) Automobile major Tata Motors on Tuesday reported a growth of six percent in its total sales of passenger and commercial vehicles, including exports. The company’s total sales stood at 46,674 units…


Piramal Enterprises acquires US firm for $24.5 mn

Mumbai, March 1 (IANS) Piramal Enterprises on Tuesday said it has acquired US-based healthcare software firm Adaptive Software for $24.5 million. “Piramal Enterprises’ step-down wholly owned subsidiary in the USA, Decision Resources Group today announced…