Latest Updated Business News

Gold ends steady; silver falls on reduced offtake

Economic Times

Gold ends steady; silver falls on reduced offtake
Economic Times
Traders said lack of buying support from retailers due to off-marriage season demand and a steady trend in global market kept gold prices steady. NEW DELHI: In restricted activity, gold traded steady at Rs 30,125 per ten grams in the national capital today ...

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April-February fiscal deficit at Rs 5.07 trillion

Economic Times

April-February fiscal deficit at Rs 5.07 trillion
Economic Times
NEW DELHI: The government's fiscal deficit touched 97.4 per cent of the budget estimates (BE) in the April-February period of the current fiscal. In absolute terms, the fiscal deficit, or gap between expenditure and revenue receipts, stood at over Rs 5.07 lakh ...
April-February fiscal deficit at $93.2 billionReuters India
April-February fiscal deficit at $93.2 billion: GovernmentNDTV
Fiscal deficit touches 97% of revised estimate till FebBusiness Standard

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USFDA removes import alert of Aurobindo Pharma's Hyderabad facility

Livemint

USFDA removes import alert of Aurobindo Pharma's Hyderabad facility
Moneycontrol.com
Aurobindo Pharma Ltd has informed BSE that USFDA as per their website update has lifted the import alert for non-sterile products manufactured in its UNIT-VI cephalosporin facility based in Hyderabad, India, thereby, paving the way for resumption of exports ...
USFDA lifts import alert on Aurobindo Pharma's Hyderabad facilityEconomic Times
USFDA lifts import alert on Aurobindo Pharma HydPress Trust of India
Import alert on Aurobindo products liftedBusiness Standard
Myiris.com -Wall Street Journal (India) -Hindu Business Line
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Godrej launches affordable housing scheme in Ahmedabad

Business Standard

Godrej launches affordable housing scheme in Ahmedabad
Business Standard
Godrej Properties Ltd. (GPL), the real estate development arm of the Godrej Group, launched an affordable housing scheme in their township project Godrej Garden City (GGC) in Ahmedabad. Five new towers, each ground plus 12 storeys tall, will offer ...
GPL launches affordable housing scheme in Ahmedabad townshipZee News
Godrej Properties launches affordable housing in AhmedabadMoneycontrol.com

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Debasis Mitra moves out of Mercedes Benz India

Economic Times

Debasis Mitra moves out of Mercedes Benz India
Economic Times
Mercedes-Benz India director for marketing & sales Debasis Mitra has left the company to pursue goals outside the industry. File photo: Wilfried Aulbur (Left), CEO of Mercedes-Benz India and Debasis Mitra (Right) Director-Sales and Marketing, along with ...
Mercedes Benz India Marketing Director Debashis Mitra quitsBusiness Standard
Mercedes marketing head Debashis Mitra quitsLivemint
Force India agree long-term Merc dealPlanet-F1
autosport.com
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CAD in Q3 set to be higher than Q2: Finmin officials

Business Standard

CAD in Q3 set to be higher than Q2: Finmin officials
Business Standard
India's current account deficit (CAD) is set to be higher as percentage of GDP in the third quarter of the current financial year, against 5.4% recorded in the second quarter, a record till then, officials in the finance ministry said. The CAD figures for Q3 would be ...
Projects worth Rs 4 lakh cr stalled in FY13: CMIEMoneycontrol.com

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Sensex gains on value buying on derivatives expiry day

Indian Express

Sensex gains on value buying on derivatives expiry day
NDTV
Mumbai: The Sensex rose for a second consecutive session on Thursday as recent under-performers such as ICICI Bank gained ahead of the expiry of derivatives at the end of the session and as technology shares gained on hopes about their upcoming ...
MARKET EYE-Indian shares edge lower ahead of derivatives expiryReuters India

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IT department slams Rs2000 crore notice on Nokia for alleged tax violation, HC ...

Times of India

IT department slams Rs2000 crore notice on Nokia for alleged tax violation, HC ...
Daily News & Analysis
The Income Tax department has served a Rs2,000 crore demand notice on Finnish mobile firm maker Nokia for alleged evasion of taxes in its business transactions in the country. The department had on March 21 asked the firm to submit the amount of Rs ...
Nokia's India tax demand is $383 million - court noticeReuters India
Nokia Gets India Tax Order, Court StaysWall Street Journal (India)
Nokia slapped with Rs 2000cr notice for tax evasionTimes of India
Reuters -Press Trust of India -Indian Express
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Novartis AG to reduce promoters stake in Novartis India

Indian Express

Novartis AG to reduce promoters stake in Novartis India
Indian Express
Novartis India today said it's Swiss-promoter Novartis AG intends to reduce its stake in the Indian entity to enable it to meet Sebi guidelines on the minimum public shareholding in the listed companies. Novartis AG, Basel has informed the company that it ...
Novartis India up after promoter says to cut stakeReuters India
Novartis India gains on stake reduction by parent companyBusiness Standard
Novartis not optimistic about Supreme Court verdictIndia.Com Health
Hindu Business Line -Myiris.com -Times of India
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Nifty ends March series near 5700 on short covering

Economic Times

Nifty ends March series near 5700 on short covering
Economic Times
The Nifty witnessed a strong short-coverings led pull back rally on the last day of March series and closed near psychological level of 5,700. MUMBAI: The Nifty witnessed a strong short-coverings led pull back rally on the last day of March series and closed ...
Markets end higher on value-buyingBusiness Standard
Sensex off from day's low; GAIL surges over 4%Myiris.com
Sensex tumbles by 115 points in late morning tradeTimes of India
NDTV -Hindustan Times -Moneycontrol.com
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