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Sunday, August 20, 2017

Business

Court sentenced Raju to seven years in prison, now get bail in Satyam case

Raju was convicted last month by a lower court of criminal conspiracy, cheating and breaching public trust. The court sentenced Raju to seven years in prison. He had admitted to accounting malpractices. The collapse of Satyam Computers in 2009 cost shareholders more than $2bn and rocked India's IT industry. On Monday, an appeals court also granted bail to Raju, his brother and...

The Key to Advertising with Promotional Products

Advertising
When you are choosing something to stick your advertisement on, remember this important rule: you want your ad on something necessary as much as possible, something people literally could not leave their home without. You want something that would disrupt their day utterly and completely if they forgot. Something likes, a set of keys. Light-Weight and Essential Plastic keychains are a...

Gold steady on scattered support, silver cracks

New Delhi, May 11 : Gold prices ruled steady at Rs 27,250 per 10 grams in restricted activity at the bullion market today on scattered buying support from jewellers even as the precious metal softened overseas. However, silver stayed off-colour due to absence of necessary follow-up support from industrial units, which fell Rs 100 to Rs 37,800 per kg. Globally, gold was...

Vehicle Sales Rise over 18% in April

Shares of automobile manufacturers were up as much as 4 per cent on Monday after a report by the Society of Indian Automobile Manufacturers (SIAM) showed domestic car sales rose over 18 per cent last month. Domestic passenger car sales grew 18.14 per cent to 1,59,548 units in April 2015 compared with 1,35,054 in the corresponding period a year ago,...

Now Apple to go greener in China

Apple says it's boosting efforts to go green in China by partnering with conservationists to promote sustainable forestry for paper production. CEO Tim Cook also said in a statement Sunday that he will try to get Apple's Chinese suppliers and contract manufacturers to use renewable energy to power their factories. That could take years, Cook conceded. But Apple hopes to set...

Rupee up 13 paise against dollar in early trade

Mumbai, May 11 : The rupee strengthened 13 paise at 63.81 against the US dollar in early trade on Monday at the Interbank Foreign Exchange on continued selling of the American currency by exporters. Forex dealers said besides sustained selling of the American currency by banks as well, a higher opening in the domestic equity market supported the rupee, but dollar's...

1.25 lakh crore of bad loans up for sale

The acche din for banks looks a little far away. Struggling with a pile-up of bad loans, banks are still striving to clean up their balance sheets. They cumulatively put on auctions about Rs 1.25 lakh crore of bad loans in 2014-15, highest so far in any financial year, but ended up selling only one-fifth. Top bankers told DNA that loans extended to sectors...

Sensex surges 218 pts in early trade on positive global cues

Mumbai, May 11 : The benchmark BSE Sensex gained over 218 points in early trade on Monday on the back of buying by funds as well as retail investors, tracking positive global cues. The 30-share barometer advanced 218.20 points, or 0.80 per cent, to 27,323.59, with all sectoral indices led by realty, metal and auto trading up to 1.51 per cent...

A Few Conditions When Quick Payday Loans Are of Point

The amount of issues you have to settle during one month may be limitless because home appliances may break down, a vehicle may be out of order, the drain may be littered and your health may be shaken. There’s no pretext for panic as small payday loans will satisfy the need for urgent funds. If you do not require...

Gold edges up on seasonal offtake, global cues

Mumbai, May 9 : Gold prices gained at the domestic bullion market on modest buying support from jewellery traders and retailers amid higher global advices. Silver also moved higher on renewed industrial buying. Standard gold (99.5 purity) firmed up by Rs 50 to end at Rs 26,930 per 10 grammes against Friday's closing level of Rs 26,880. Pure gold (99.9 purity) also added...

India to achieve highest annual Economic growth rate overtaking economic rival China over next 8 years: Harvard Study

Economic Growth
According to a study by Center for International Development (CID) at Harvard University, India is estimating a highest annual GDP growth rate of 7.9 per cent over next eight years. The study also predicts that India will overtake its South Asian economic rival China. The report said, “after decades spent trailing the growth of its northern neighbor and economic rival, India now tops the...

Rupee recovers 15 paise against dollar in early trade

Mumbai, May 8 : The Indian rupee recovered by 15 paise to 64.08 against the US dollar in early trade on Friday at the Interbank Foreign Exchange on fresh selling of the American currency by exporters and banks. Forex dealers said besides fresh selling of the dollar by exporters and banks, a strong recovery in the domestic equity market in opening...

Sensex jumps 374 pts to rebound from 6-1/2 months low

Mumbai, May 8 : The benchmark BSE Sensex rebounded from its six-and-a-half months low in early trade today by climbing 374 points to 26,973.83 on government's decision to refer MAT issue to a high-level committee. Moreover, recovery in rupee against the dollar and a firming trend in global markets too boosted sentiments. Snapping its three-day losing streak, the Sensex recovered sharply by...

Gold, silver fall on global cues, low demand

New Delhi, May 7 : Gold prices drifted by Rs 120 to trade at Rs 27,230 per ten grammes at the bullion market on Thursday, snapping its two-day rising streak, largely due to weak global cues and fall in demand from jewellers. Silver also eased by Rs 150 to Rs 37,850 per kg on reduced offtake by industrial units and coin...