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Indian stock markets more resilient than peers: Survey

Bombay Stock Exchange. (File Photo: IANS) New Delhi, Feb 26 (IANS) The Economic Survey for 2015-16 tabled in parliament on Friday stated that despite heavy volatility in global financial system, the Indian stock markets were…





Markets open on higher note

Mumbai, Feb 26 (IANS) The 30-scrip Sensitive Index (Sensex) on Friday opened on a positive note during the morning session of the trade. The Sensex of the BSE after opening at 23,141.08 points touched a…


Chinese shares open higher

Beijing, Feb 26 (IANS) Chinese stocks opened higher on Friday, with the benchmark Shanghai Composite Index up 0.69 percent, at 2,760.06 points. The smaller Shenzhen index opened 0.78 percent higher at 9,625.37 points, Xinhua news…



US stocks extend gains on rising oil

New York, Feb 26 (IANS) US stocks kept rising as Wall Street digested a batch of generally positive economic reports amid oil recovery. The Dow Jones Industrial Average leapt 212.30 points, or 1.29 percent, to…


US stocks extend gains on rising oil

New York, Feb 26 (IANS) US stocks kept rising as Wall Street digested a batch of generally positive economic reports amid oil recovery. The Dow jumped 1.29 percent, and the S&P 500 gained 1.13 percent,…


Spanish stock market rises

Madrid, Feb 26 (IANS) The Spanish stock market index Ibex-35 rose 2.52 percent to close at 8,125.60 points, up from the 8,013.70 points of the previous session. On Thursday’s session, Mediaset shares led rises climbing…


British FTSE 100 rises

London, Feb 26 (IANS) FTSE 100 Index, British benchmark stock market gauge, rose by 2.48 percent, or 145.63 points, to 6,012.81 points. Share price of Lloyds Banking Group increased by 13.57 percent, topping the gainers…


Moving to Britain, says Mallya

Bengaluru, Feb 25 (IANS) Liquor baron Vijay Mallya said that he is moving to Britain to be closer to his children following his dramatic resignation as chairman of United Spirits Ltd and becoming its founder…


Mallya quits USL in $75 mn deal with Diageo

Bengaluru/London, Feb 25 (IANS) Liquor baron Vijay Mallya on Thursday resigned as chairman and non-executive director of United Spirits Ltd (USL) as part of a $75 million (Rs.516 crore) financial deal with its majority holder…



Ford India welcomes rail-auto logistics hub

New Delhi, Feb 25 (IANS) Welcoming India’s first rail-auto transportation and logistics hub as proposed by Railway Minister Suresh Prabhu in his rail budget for 2016-17 presented on Thursday, leading automobile manufacturer Ford India said…


LeEco sells 25,000 smartphones in 16 minutes

New Delhi, Feb 25 (IANS) LeEco Day, the Chinese smartphone maker’s mega shopping carnival on Thursday, received an incredible response from consumers with 25,000 units being sold in 16 minutes on Indian e-commerce major Flipkart….


India Inc gives thumbs up to Railway Budget

New Delhi, Feb 25 (IANS) All the major political parties may have criticised the Railway Budget for 2016-17 presented by Railway Minister Suresh Prabhu on Thursday, but the Indian business fraternity hailed it, terming it…



Nissan welcomes rail-auto hub in Chennai

Chennai, Feb 25 (IANS) Japanese car maker Nissan Motor Company on Thursday heartily welcomed Railway Minister Suresh Prabhu’s budget announcement of setting up a rail-auto hub here. “Chennai is one of major auto hubs in…