Mumbai, (IANS) : Hindalco Industries Limited, the flagship company of the Aditya Birla Group, on Saturday reported a 255 per cent jump in its net profit to Rs 440 crore in the quarter ended September 30, as compared to Rs 123 crore in the year-ago period. Its revenue...
New Delhi, (IANS) : As equity markets became jittery with Republican Donald Trump being elected the 45th President of the US on Wednesday, investors found safe haven in gold, triggering a spike in prices. "Gold prices have been fluctuating globally between...
New York, (IANS) : Gold futures on the COMEX division of the New York Mercantile Exchange dropped on Tuesday, as investors largely waited on the sidelines ahead of the results of the US presidential election. The most active gold contract for December delivery fell...
New Delhi, (IANS) : India's demand for gold in the third quarter (July-September) dropped by 28 per cent to 194.8 tonnes, the World Gold Council said in its report on Tuesday. The Indian demand was around 271.1 tonnes during the corresponding quarter in 2015. In terms...
By Rohit Vaid, Mumbai, (IANS) : Global cues such as the US presidential election, trends in dollar strength and crude oil prices are expected to drive investors' sentiments during the upcoming week. Besides, the direction of foreign fund flows, along with the ongoing...
New Delhi, (IANS) : All India LPG Distributors Federation on Saturday assured customers that constant supplies of LPG cylinders will be maintained in the country. The federation assured its customers after a group of LPG distributors threatened to go on a strike from...
Mumbai, (IANS) : In response to global prices and currency fluctuations, the three state-owned oil marketing companies (OMCs) have decided to increase the price of petrol and diesel from midnight Saturday. According to the Indian Oil Corporation (IOC), petrol price...
Mumbai, (IANS) : Reliance Industries on Friday said the government's demand of $1.55 billion from it and its consortium members BP and Niko on the Krishna-Godavari gas dispute had no basis on how the figure was calculated and that it will invoke arbitration...
Kolkata, (IANS) : In order to bring down coal imports at a faster rate, public sector units (PSUs) in the power sector will follow "zero imports" from the next fiscal onwards, a top official said on Thursday. "In power sector, we engage with each of the public sector...
By Prabhpreet Singh Sood, (IANS) : For the first time in five years, the profits of Indias state-owned companies shrank, by about 20 per cent in 2015, with 77 public-sector units (PSUs) reporting losses and contribution to the exchequer dropping Rs 20,000 crore ($3...