Buy Reliance Industries, PNB, IndiGo, Says Sumeet Bagadia

Buy Reliance Industries, PNB, IndiGo, Says Sumeet Bagadia

The Nifty closed above its important psychological level of 9,500 for first time on Tuesday led by strong gain in heavyweights such as TCS, Reliance Industries and ITC. Nifty is looking strong and it has given breakout on charts. Nifty...
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ACC Ltd Says Considering Merger With Ambuja Cements

ACC Ltd Says Considering Merger With Ambuja Cements

Both ACC and Ambuja Cements are part of the world’s largest cement producer LafargeHolcim. New Delhi: ACC Ltd, a part of the world’s largest cement producer LafargeHolcim, is mulling over a possible merger with promoter group firm Ambuja Cements. A...
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Alaska has ‘many attractive prospects’ for investment, says CEO

Alaska has ‘many attractive prospects’ for investment, says CEO

One hundred and fifty years ago — on March 30, 1867 — Russia signed over Alaskan land to the U.S. for less than two cents an acre. Today, that same land has proven to be a gold mine. Boasting sectors...
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Vijay Mallya Says Ready To Talk To Banks For One-Time Settlement

Vijay Mallya Says Ready To Talk To Banks For One-Time Settlement

New Delhi: The embattled liquor baron Vijay Mallya today took to Twitter saying he is ready to negotiate with banks to pay a one-time settlement charge on Rs. 9,000-crore loan default. “Public sector banks have policies for one-time settlements. Hundreds...
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Xiaomi Says Over 3 Million Redmi 3S Units Were Sold in India in Less Than 6 Months

Xiaomi Says Over 3 Million Redmi 3S Units Were Sold in India in Less Than 6 Months

Xiaomi has been a growing brand in India in last two years and now the company has announced that it managed to sell over 3 million units of Redmi 3S smartphones (including Redmi 3S, Redmi 3S Prime, and Redmi 3S...
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DIPP Says No Decision Yet on Apple’s Demand for Concessions

DIPP Says No Decision Yet on Apple’s Demand for Concessions

The government has not taken a final decision yet on the concessions being sought by US iPhone maker Apple for setting up a manufacturing unit in India, a top official said on Monday. Secretary in the Department of Industrial Policy...
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