Article by Hiral Vilas In Rs 1849 crore scam by Satyam Computer’s founder B Ramalinga Raju was barred by SEBI, after a probe lasting for more than 5 years for illegitimate gains with interest. In this scam Raju and 4 others were facing the prohibitory orders include Raju’s brother B Rama Raju (then Managing Director […]
Business
Business
Sensex drops below 25,000 level; down by 33 points in early trade
Article by Hiral Vilas Today, in an early trade ,BSE Sensex fell by 33 points to 24,991.69 as a result of sales in IT, tech, consumer durable and healthcare stocks amid foreign capital outflows. Stock markets were affected adversely by data showing that foreign portfolio investors (FPIs) were net sellers of Indian stocks on closing […]
LIC purchases larger stocks of Infosys; invests worth Rs 1,100 crores
During Apri-June quarter,LIC, Life Insurance Corporation has increased its stake with buying of shares worth Rs 1100 crores from It Giant,Infosys . With increase of investment upto 3.82 % in stocks. In previous quarters LIC had lowered its stake in software services. With recent reforms in Infosys top level management and appointment of Sikka as […]
Infosys focuses on revival using newer technology and human resources
Article by Hiral Vilas One times top IT giant, Infosys Ltd has announced its revival through investments in high tech areas of cloud computing, smartphone apps and other newer web technologies focusing on outsourcing contracts. One time’s $100 billion IT giant was down with attrition and dropping market value of the company. Presently, company earns […]
Reliance or Bharti Enterprises likely to takeover Carrefour India stores
Article by Hiral Vilas As Carrefour India, a cash and carry stores, has announced its closure of five stores in India, its a news that Reliance Retail and Bharti Enterprise, Mobile service provider in race of negotiating to take over Carrefour along with its existing infrastructure. However, Reliance and Bharti spokespersons declined to comment. Even, […]
Chief Minister Anandiben Patel welcomes Rail Budget 2014 & trains to Gujarat
VIDEO OF GUJARAT CHIEF MINISTER WELCOMES RAIL BUDGET 2014 Chief Minister Anandiben Patel welcomes Rail Budget 2014 and trains to Gujarat state.
Sensex drops 518 points; single largest fall in past 10 months
Article by Hiral Vilas With announcement of Rail budget 2014 by NDA ruled government. Mumba stock market dropped by 518 points and remained at 25,582.11 while the nifty on NSE closed 164 points lower at 7,623. In a span of months, it is the single largest fall of stock market. Many blue chip scripts fell […]
Stock market remained bullish:BSE Sensex crosses 26,000-level; Nifty gains new high of 7,787.95
Article by Hiral Vilas With a sign of economical rebates in forthcoming budget stock market boomed on Monday, today in opening trade Mumbai stock exchanged jumped to 26,000 level. NSE Nifty also attainted new high of 7,787.95. BSE gained 137.29 points with stocks gaining in IT,infrastructure,power,capital goods,auto and realty sectors. Nifty collected some 36.35 points […]
Air India resumes flight on Madurai-Mumbai-Madurai sector
Article by Hiral Vilas Today, Air India has resumption of flight on Madurai-Mumbai-Madurai sector via Chennai. It will raise total number of flights from Madurai to Chennai to 8.The flight would take off from Madurai at 2 pm and arrive in Chennai at 3 pm. It would return Chennai at 3.45 pm and reach Mumbai […]