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RBI keeps repo rate unchanged at 7.5%, EMIs unlikely to fall

Mumbai, April 7 (ANI): RBI Governor Raghuram Rajan on Tuesday held repo rate unchanged at 7.5 per cent, as expected. A status quo (repo rate, cash reserve ratio stay unchanged) was anticipated because Rajan had earlier this year announced back-to-back repo cuts, both times outside the policy meetings.

Icon YoutubeRBI keeps repo rate unchanged at 7.5%, EMIs unlikely to fall
Updated On : 07 Apr 2015 | 4:36 PM IST

BSE closes points 244.32 up on April 6

New Delhi, April 6 (ANI): Trading at the Bombay Stock Exchange today closed 244.32 points up to stand at 28,504.46. At the National Stock Exchange the Nifty closed 73.65 points up to stand at 8,659.90. HDIL and SUNPHARMA were among the top gainers of Group A with an increase of 24.25% and 8.34% along with UNITECH and ABAN OFFSHORE LTD. with an increase of 8.00% and 7.92% respectively, while the top losers of Group A include PMCFIN and SUN TV with a decrease of 9.93% and 9.44% along with BHUSHAN STEEL LTD. and GVKPIL with a decrease of 5.21% and 3.54% at the close of the markets. The Auto sector is up 170.14 points at 19,635.55 while the banking sector is down 2.42 points at 21,358.03 and the realty sector is up at 108.72 points at 1,800.22. The Indian currency is down 0.45% at Rs 62.21per dollar.

Icon YoutubeBSE closes points 244.32 up on April 6
Updated On : 06 Apr 2015 | 6:05 PM IST

Private companies foray into social sector in India

Bangalore, April 02 (ANI): Gayathri Vasudevan is a young entrepreneur based in India's southern city of Bangalore in Karnataka state. She is the co-founder and CEO of LaboutNet Services India Pvt. Ltd., which has seven centres in Bangalore and 17 in entire Karnataka while 700 different centres in different parts of the country. She recalls that she started with a loan and today the total turnover is approximately 90 crores till last financial year. Gayathri sees large possibilities in the field of social sector and she has plans of providing vocational training to 2 billion people in years to come. For her, it's not only business but also a social service which provide livelihood to people from unorgainsed sector. Gayathri has been working extensively on empowering the women in rural and semi urban areas through vocational education and skill development. The courses have given an opportunity for thousands of uneducated women across India to pick up a profession that can provide them

Icon YoutubePrivate companies foray into social sector in India
Updated On : 02 Apr 2015 | 9:05 AM IST

BSE closes points 302.65 up on April 1

New Delhi, April 1 (ANI): Trading at the Bombay Stock Exchange today closed 302.65 points up to stand at 28,260.14. At the National Stock Exchange the Nifty closed 95.25 points up to stand at 8,586.25. TATA ELXSI LTD. and NATCO PHARMA LTD. were among the top gainers of Group A with an increase of 10.00% and 10.00% along with ALOK TEXT and BANK INDIA with an increase of 9.46% and 7.02% respectively, while the top losers of Group A include PMCFIN and SUZLON with a decrease of 9.90% and 4.20% along with HCL TECH and TVS MOTOR with a decrease of 4.00% and 2.98% at the close of the markets. The Auto sector is up 217.68 points at 19,476.34 while the banking sector is up 495.14 points at 21,360.45 and the realty sector is up at 30.34 points at 1,694.85. The Indian currency is up 0.0% at Rs 62.49 per dollar.

Icon YoutubeBSE closes points 302.65 up on April 1
Updated On : 01 Apr 2015 | 7:35 PM IST

BSE closes points 18.37 down on March 31

New Delhi, March 31 (ANI): Trading at the Bombay Stock Exchange today closed 18.37 points down to stand at 27,957.49. At the National Stock Exchange the Nifty closed 1.30 points down to stand at 8,491.00. GVKPIL and GUJRATGAS were among the top gainers of Group A with an increase of 15.79% and 9.19% along with BIOCON and FSL with an increase of 7.87% and 6.84% respectively, while the top losers of Group A include SADBHAV and PMCFIN with a decrease of 5.29% and 4.23% along with THERMAX and INDIA CEMENTS LTD with a decrease of 3.16% and 3.14% at the close of the markets. The Auto sector is up 108.65 points at 19,245.41 while the banking sector is down 171.42 points at 20,865.31 and the realty sector is down at 1.80 points at 1,664.51. The Indian currency is up 0.19% at Rs 62.55 per dollar.

Icon YoutubeBSE closes points 18.37 down on March 31
Updated On : 31 Mar 2015 | 8:36 PM IST

BSE closes points 517.22 up on March 30

New Delhi, March 30 (ANI): Trading at the Bombay Stock Exchange today closed 517.22 points up to stand at 27,975.86. At the National Stock Exchange the Nifty closed 150.90 points up to stand at 8,492.30. NCC and PTC were among the top gainers of Group A with an increase of 10.90% and 8.62% along with IDEA and SRF with an increase of 7.70% and 7.21% respectively, while the top losers of Group A include RASOYA PROTEINS LTD. and TECH MAHINDRA LTD. with a decrease of 4.92% and 2.68% along with KSCL and TVS MOTOR with a decrease of 1.96% and 1.90% at the close of the markets. The Auto sector is up 292.72 points at 19,136.76 while the banking sector is up 372.09 points at 21,036.73 and the realty sector is up at 35.77 points at 1,666.31. The Indian currency is up 0.36% at Rs 62.63 per dollar.

Icon YoutubeBSE closes points 517.22 up on March 30
Updated On : 30 Mar 2015 | 5:06 PM IST

BSE closes points 1.06 up on March 27

New Delhi, March 27 (ANI): Trading at the Bombay Stock Exchange today closed 1.06 points up to stand at 27,457.58. At the National Stock Exchange the Nifty closed 0.75 points down to stand at 8,341.40. TATA ELXSI LTD and HEXAWARE were among the top gainers of Group A with an increase of 7.14% and 6.65% along with AUROPHARMA and CENTURYTEX with an increase of 6.04% and 5.08% respectively, while the top losers of Group A include BHUSHAN STEEL LTD and BHARTI AIRTEL LTD with a decrease of 7.98% and 5.64% along with IDEA and RASOYPR with a decrease of 4.96% and 4.69% at the close of the markets. The Auto sector is up 80.42 points at 18,844.04 while the banking sector is up 219.43 points at 20,664.64 and the realty sector is down at 11.49 points at 1,630.54. The Indian currency is down 0.27% at Rs 62.50 per dollar.

Icon YoutubeBSE closes points 1.06 up on March 27
Updated On : 27 Mar 2015 | 7:05 PM IST

Sensex surges new low, Market Expert says geo-political tensions in Middle East responsible for same

New Delhi, March 27 (ANI): The Sensex on Friday surges to a new low in line with other global markets following geo-political tensions in the Middle East. According to reports, Saudi Arabia has hit fresh targets inside Yemen to flush out Houthi Rebels which has lead to increase in crude oil prices. Market Expert Akash Jindal said yesterday was a blood bath day and suggested the investors not to panic.

Icon YoutubeSensex surges new low, Market Expert says geo-political tensions in Middle East responsible for same
Updated On : 27 Mar 2015 | 12:35 PM IST

BSE closes points 654.25 down on March 26

New Delhi, March 26 (ANI): Trading at the Bombay Stock Exchange today closed 654.25 points down to stand at 27,457.58. At the National Stock Exchange the Nifty closed 188.65 points down to stand at 8,342.15. GSPL and AMTEK AUTO LTD. were among the top gainers of Group A with an increase of 4.70% and 4.38% along with IDEA and AIA ENGINEERING LTD. with an increase of 4.04% and 3.90% respectively, while the top losers of Group A include Vakrangee Limited and HDFC with a decrease of 10.38% and 5.32% along with SUPREME INDUSTRIES LTD. and INDIA CEMENTS LTD. with a decrease of 4.99% and 4.74% at the close of the markets. The Auto sector is down 285.49 points at 18,763.62 while the banking sector is down 528.01 points at 20,445.21 and the realty sector is down at 24.59 points at 1,642.03. The Indian currency is up 0.52% at Rs 62.65 per dollar.

Icon YoutubeBSE closes points 654.25 down on March 26
Updated On : 26 Mar 2015 | 9:36 PM IST

BSE closes points 117.97 down on March 25

New Delhi, March 25 (ANI): Trading at the Bombay Stock Exchange today closed 117.97 points down to stand at 28,043.71. At the National Stock Exchange the Nifty closed 12.15 points down to stand at 8,518.45. SUN ASIAN and APOLLO HOSPITALS were among the top gainers of Group A with an increase of 9.53% and 4.87% along with INDIAN HOTELS CO.LTD and SHRIRAM CITY UNION FINANCE LTD with an increase of 4.76% and 4.34% respectively, while the top losers of Group A include IPCALAB and UNITECH with a decrease of 13.42% and 6.23% along with TUBE INVESTMENTS OF INDIA LTD and BHUSHAN STEEL LTD with a decrease of 4.97% and 4.82% at the close of the markets. The Auto sector is up 61.04 points at 19,038.35 while the banking sector is down 62.79 points at 20,973.22 and the realty sector is down at 3.28 points at 1,666.62. The Indian currency is down 0.20% at Rs 62.39 per dollar.

Icon YoutubeBSE closes points 117.97 down on March 25
Updated On : 25 Mar 2015 | 6:05 PM IST

BSE closes points 30.30 down on March 24

New Delhi, March 24 (ANI): Trading at the Bombay Stock Exchange today closed 30.30 points down to stand at 28,161.72. At the National Stock Exchange the Nifty closed 7.95 points down to stand at 8,542.95. NATCO PHARMA and HEXAWARE TECHNOLOGIES LTD. were among the top gainers of Group A with an increase of 6.15% and 5.96% along with LUPIN and NAUKRI with an increase of 5.38% and 5.21% respectively, while the top losers of Group A include NIIT TECHNOLOGIES LTD. and The Ramco Cements Limited with a decrease of 6.63% and 5.57% along with BHUSHAN STEEL LTD. and ALSTOM MINDTREE LTD. with a decrease of 4.65% and 4.48% at the close of the markets. The Auto sector is down 237.23 points at 18,975.04 while the banking sector is down 128.61 points at 21,036.01 and the realty sector is down at 6.70 points at 1,669.90. The Indian currency is down 0.08% at Rs 62.22 per dollar.

Icon YoutubeBSE closes points 30.30 down on March 24
Updated On : 24 Mar 2015 | 5:35 PM IST

BSE closes points 69.06 down on March 23

New Delhi, March 20 (ANI): Trading at the Bombay Stock Exchange today closed 69.06 points down to stand at 28,192.02. At the National Stock Exchange the Nifty closed 20.00 points down to stand at 8,550.90. HAVELLS and GSPL were among the top gainers of Group A with an increase of 4.73% and 4.48% along with TORNTPOWER and PRESTIGE with an increase of 3.89% and 3.80% respectively, while the top losers of Group A include ALOKTEXT and WELCORP with a decrease of 8.87% and 7.99% along with JINDAL STEEL and POWER LTD and ALSTOM TandD INDIA LTD with a decrease of 7.18% and 5.58% at the close of the markets. The Auto sector is up 13.77 points at 19,212.27 while the banking sector is down 182.35 points at 21,164.62 and the realty sector is down at 0.27 points at 1,677.47. The Indian currency is up 0.24% at Rs 62.31 per dollar.

Icon YoutubeBSE closes points 69.06 down on March 23
Updated On : 23 Mar 2015 | 5:36 PM IST

BSE closes points 208.59 down on March 20

New Delhi, March 20 (ANI): Trading at the Bombay Stock Exchange today closed 208.59 points down to stand at 28,261.08. At the National Stock Exchange the Nifty closed 63.75 points down to stand at 8,570.90. ECLERX Services Ltd. and Bayer Cropscience Ltd. were among the top gainers of Group A with an increase of 7.93% and 5.60% along with DEN and Jubilant FoodWorks Ltd. with an increase of 4.12% and 4.11% respectively, while the top losers of Group A include SPARC and Natco Pharma Ltd. with a decrease of 14.09% and 10.00% along with PMCFIN and Tata ELXSI Ltd. with a decrease of 9.92% and 8.59% at the close of the markets. The Auto sector is down 264.60 points at 19,198.50 while the banking sector is down 191.62 points at 21,346.97 and the realty sector is down at 65.25 points at 1,677.74. The Indian currency is down 0.01% at Rs 62.52 per dollar.

Icon YoutubeBSE closes points 208.59 down on March 20
Updated On : 20 Mar 2015 | 8:35 PM IST

BSE closes points 152.45 down on March 19

New Delhi, March 19 (ANI): Trading at the Bombay Stock Exchange today closed 152.45 points down to stand at 28,469.67. At the National Stock Exchange the Nifty closed 51.25 points down to stand at 8,634.65. JUSTDIAL and PMCFIN were among the top gainers of Group A with an increase of 10.84% and 9.91% along with INDIAN HOTELS CO.LTD. and KSCL with an increase of 8.88% and 7.12% respectively, while the top losers of Group A include KPIT and HDIL with a decrease of 6.23% and 5.40% along with RELIANCE COMMUNICATIONS LTD. and ORIENT BANK with a decrease of 5.09% and 5.02% at the close of the markets. The Auto sector is down 74.87 points at 19,460.50 while the banking sector is down 386.26 points at 21,538.59 and the realty sector is down at 26.48 points at 1,742.99. The Indian currency is down 0.16% at Rs 62.59 per dollar.

Icon YoutubeBSE closes points 152.45 down on March 19
Updated On : 19 Mar 2015 | 7:35 PM IST

BSE closes points 114.26 down on March 18

New Delhi, March 18 (ANI): Trading at the Bombay Stock Exchange today closed 114.26 points down to stand at 28,622.12. At the National Stock Exchange the Nifty closed 37.40 points down to stand at 8,685.90. SUZLON and SHREE CEMENTS were among the top gainers of Group A with an increase of 11.09% and 7.01% along with JUSTDIAL and SPARC with an increase of 6.46% and 5.89% respectively, while the top losers of Group A include PMCFIN and GVKPIL with a decrease of 8.96% and 5.16% along with GPPL and MARICO with a decrease of 4.52% and 3.81% at the close of the markets. The Auto sector is down 123.44 points at 19,535.37 while the banking sector is up 83.48 points at 21,902.67 and the reality sector is up at 2.52 points at 1,769.47. The Indian currency is up 0.04% at Rs 62.72 per dollar.

Icon YoutubeBSE closes points 114.26 down on March 18
Updated On : 18 Mar 2015 | 9:05 PM IST

BSE closes points 298.67 up on March 17

New Delhi, March 17 (ANI): Trading at the Bombay Stock Exchange today closed 298.67 points up to stand at 28,736.38. At the National Stock Exchange the Nifty closed 90.15 points up to stand at 8,723.30. BEML and CADILA HEALTHCARE LTD were among the top gainers of Group A with an increase of 9.11% and 7.32% along with PEL and VA TECH WABAG LTD with an increase of 6.33% and 6.30% respectively, while the top losers of Group A include PMCFIN and JINDAL STEEL and POWER LTD with a decrease of 9.98% and 8.02% along with KPIT and WELCORP with a decrease of 6.50% and 4.78% at the close of the markets. The Auto sector is up 216.16 points at 19,638.79 while the banking sector is up 243.57 points at 21,819.19 and the reality sector is up at 7.99 points at 1,767.19. The Indian currency is up 0.14% at Rs 62.72 per dollar.

Icon YoutubeBSE closes points 298.67 up on March 17
Updated On : 17 Mar 2015 | 9:06 PM IST

BSE closes points 64.14 down on March 16

New Delhi, March 16 (ANI): Trading at the Bombay Stock Exchange today closed 64.14 points down to stand at 28,439.16. At the National Stock Exchange the Nifty closed 8.10 points down to stand at 8,639.65. PMCFIN and WABAG were among the top gainers of Group A with an increase of 9.98% and 8.11% along with DEN and RAJESH EXPO with an increase of 7.38% and 7.27% respectively, while the top losers of Group A include MONSANTO INDIA LTD and SOBHA with a decrease of 5.80% and 5.36% along with SSLT and FSL with a decrease of 5.06% and 5.02% at the close of the markets. The Auto sector is down 35.73 points at 19,426.37 while the banking sector is up 53.33 points at 21,575.62 and the reality sector is up at 20.00 points at 1,759.20. The Indian currency is up 0.25% at Rs 62.81 per dollar.

Icon YoutubeBSE closes points 64.14 down on March 16
Updated On : 16 Mar 2015 | 6:06 PM IST

BSE closes points 427.11 down on March 13

New Delhi, March 13 (ANI): Trading at the Bombay Stock Exchange today closed 427.11 points down to stand at 28,503.30. At the National Stock Exchange the Nifty closed 128.25 points down to stand at 8,647.75. FINOLEX CABLES LTD and NATCOPHARM were among the top gainers of Group A with an increase of 9.63% and 9.10% along with DLF and GLAXOSMITHKLINE CONSUMER HEALTHCARE LTD. with an increase of 6.28% and 5.16% respectively, while the top losers of Group A include UNITECH and JAIPRAKASH ASSOCIATES LTD with a decrease of 6.47% and 6.45% along with IOB and RENUKA with a decrease of 6.23% and 6.11% at the close of the markets. The Auto sector is down 323.31 points at 19,462.10 while the banking sector is down 422.56 points at 21,522.29 and the reality sector is down at 11.01 points at 1,739.20. The Indian currency is down 0.54% at Rs 62.84 per dollar.

Icon YoutubeBSE closes points 427.11 down on March 13
Updated On : 13 Mar 2015 | 10:06 PM IST

Nirupa Shankar takes hospitality business to a new leap

Bengaluru, March 13 (ANI): Nirupa Shankar joined the family business in 2009 and is responsible for adding new heights to the growth of the company. She oversees the group's hospitality ventures that include hotels, lifestyle membership clubs, serviced residences and convention centres. She is specifically responsible for the hospitality division's growth and strategy. Nirupa uses her analytical bent of mind to take on cost reduction measures, create a culture of data oriented decision making and to drive Business Excellence within Brigade. She has streamlined Brigade Hospitality's operations with a focus on increasing the company's bottom line. The company is looking forward to grow in both, hotel and real estate business at a fast pace.

Icon YoutubeNirupa Shankar takes hospitality business to a new leap
Updated On : 13 Mar 2015 | 10:06 PM IST

BSE closes points 271.24 up on March 12

New Delhi, March 12 (ANI): Trading at the Bombay Stock Exchange today closed 271.24 points up to stand at 28,930.41. At the National Stock Exchange the Nifty closed 76.05 points up to stand at 8,776.00. NATCO PHARMA LTD and RELIANCE CAPITAL LTD. were among the top gainers of Group A with an increase of 15.21% and 11.39% along with AJANTA PHARMA LTD. and SINTEX with an increase of 9.23% and 8.62% respectively, while the top losers of Group A include PMCFIN and NAUKRI with a decrease of 10.00% and 2.60% along with PERSISTENT SYSTEMS LTD. and TECH MAHINDRA LTD. with a decrease of 2.53% and 2.25% at the close of the markets. The Auto sector is up 238.47 points at 19,785.41 while the banking sector is up 103.68 points at 21,944.85 and the reality sector is up at 26.40 points at 1,750.21. The Indian currency is down 0.3% at Rs 62.59 per dollar.

Icon YoutubeBSE closes points 271.24 up on March 12
Updated On : 12 Mar 2015 | 6:36 PM IST