New York, Feb 24 (IANS) Oil prices decreased after Saudi Arabia Oil Minister Ali Al-Naimi said there will not be any production cuts in the country. The West Texas Intermediate for April delivery moved down…
New York, Feb 24 (IANS) US stocks suffered big losses as Wall Street digested mixed economic reports amid declining oil prices. The Dow Jones Industrial Average dipped 188.88 points, or 1.14 percent, to 16,431.78 on…
New York, Feb 24 (IANS) The US dollar increased against most major currencies amid mixed economic data from the country and rising concerns that Britain may leave the European Union (EU). In late New York…
New York, Feb 24 (IANS) US stocks pulled back in the morning session as Wall Street digested mixed economic reports amid declining oil prices. The Dow Jones Industrial Average fell 159.98 points, or 0.96 percent,…
Madrid, Feb 24 (IANS) The Spanish stock market index Ibex-35 fell 1.42 percent to close at 8,267.60 points, down from 8,387 points of the previous session. ArcelorMittal shares led falls losing 4.24 percent, followed by…
Bengaluru, Feb 23 (IANS) New Chinese technology entrant LeEco said it has teamed up with mid-day meal providing NGO Akshaya Patra to feed two children for each on its phones sold on Thursday (February 25)….
Bengaluru, Feb 23 (IANS) Global software major Infosys’ Infosys Science Foundation, along with the Agastya International Foundation, on Tuesday unveiled a mobile science lab to ignite curiosity, spark creativity and make learning interactive for students….
Bhubaneswar, Feb 23 (IANS) The Odisha Mining Corporation (OMC), the mining PSU of Odisha government, said on Tuesday that it plans to increase its iron ore and chrome ore production to 10 million tonne (mt)…
New Delhi, Feb 23 (IANS) Economists surveyed by Ficci have said the upcoming union budget must strengthen the domestic capital expenditure cycle towards boosting growth, the industry chamber said on Tuesday. “Participating economists in Ficci’s…
New Delhi, Feb 23 (IANS) The government’s divestment of 5 percent stake in power generator NTPC began in splendid fashion on Tuesday with the institutional investors portion getting oversubscribed within two hours of the opening…
Ahmedabad, Feb 23 (IANS) As it geared up to roll out its all-new hatchback Tiago from its Sanand facility near here, the Tata Motors faced a flash strike of over 400 workers demanding reinstatement of…
New Delhi, Feb 23 (IANS) Automobile major Honda Cars India on Tuesday announced the appointment of Yoichiro Ueno as its new president and chief executive with effect from April 1. According to the company, Ueno…
Mumbai, Feb 23 (IANS) Airline major Jet Airways on Tuesday announced the appointment of a chief people officer. The company appointed Rahul Taneja, who will be responsible for shaping the operations and performance of the…
Mumbai, Feb 23 (IANS) Caution-selling, combined with profit-booking and negative global indices, dragged the Indian equity markets lower on Tuesday. Consequently, the barometer 30-scrip sensitive index (Sensex) of the BSE closed the day’s trade down…
Tokyo, Feb 23 (IANS) A Japanese firm has developed what it claims is the world’s first technology to enable users to display their spoken words on a tablet or a smartphone by dragging their finger…
Harare, Feb 23 (IANS) The Zimbabwe government has ordered six diamond mining firms, mainly joint ventures, operating in the country’s diamond-rich Marange region to cease operations immediately. Mines Minister Walter Chidhakwa on Monday cited expiration…
Chennai, Feb 23 (IANS) The Rs.2,000 crore India Vision Fund launched by Seri Alternative Investment Managers Ltd (SAIML) will invest in companies that are turnaround candidates, the company said on Tuesday. In a statement, SAIML…
New Delhi, Feb 23 (IANS) Automobile major Maruti Suzuki on Tuesday announced that it has resumed production at its facilities in Gurgaon and Manesar. The company had to temporarily suspend manufacturing of vehicles at its…
Mumbai, Feb 23 (IANS) Airline major Jet Airways on Tuesday launched a seven-day sale offering discounts of up to 30 percent on international flights. According to the company, the ongoing seven-day sale will end on…
New Delhi, Feb 23 (IANS) Companies with ratings higher than their sovereigns face a higher risk of downgrade when compared with national oil companies rated at par with their sovereigns, Moody’s Investors Service said on…