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IRDA Chairman expects insurance companies to get listed

IRDA Chairman expects insurance companies to get listed

Last Updated: Friday, July 25, 2014, 00:34

Welcoming the hike in foreign holdings in the insurance sector, IRDA (Insurance Regulatory and Development Authority Chairman T S Vijayan today expressed the hope that the move would finally enable companies to enter capital markets.

8 companies buy back shares worth Rs 222 cr in April-june qtr

8 companies buy back shares worth Rs 222 cr in April-june qtr

Last Updated: Thursday, July 24, 2014, 17:41

As many as eight companies have completed their share buyback plans in the first quarter of 2014-15, purchasing stocks worth nearly Rs 222 crore which is 75 percent of the collective target.

Delhi discom offers toll-free 24x7 helpline

Last Updated: Wednesday, July 23, 2014, 22:36

Citizens living in south and west Delhi can now register complaints about power-related emergency cases in their areas through a new round-the-clock toll-free helpline launched by a discom.

Four PSUs face shut down; Jaitley asks others to shape up

Last Updated: Wednesday, July 23, 2014, 12:05

Jaitley said public sector undertakings should learn to function like private business houses in a competitive environment.

Vladimir Putin signs law seen as crimping social media

Last Updated: Tuesday, July 22, 2014, 23:35

President Vladimir Putin on Tuesday signed a law requiring Internet companies to store all personal data of Russian users at data centres in Russia.

Govt looking at stake sale in Rail infra companies

Last Updated: Tuesday, July 22, 2014, 14:33

The move will help such companies to get listed on stock exchanges as well as raise funds for exchequer.

PSUs should be competitive, says Jaitley

Last Updated: Tuesday, July 22, 2014, 14:22

Finance Minister Arun Jaitley Tuesday said public sector undertakings should learn to function like private business houses in a competitive environment.

Sun Pharma-Ranbaxy deal gets BSE, NSE clearance

Last Updated: Monday, July 21, 2014, 13:33

The combination of Sun Pharma and Ranbaxy creates the fifth-largest speciality generics company in the world and the largest pharmaceutical company in India.

Price cut: Drug makers' profitability may come under pressure

Last Updated: Sunday, July 20, 2014, 12:42

Among MNCs, Sanofi Aventis, Abbott and Pfizer are also likely to be affected owing to their sizeable share exposure on anti-diabetic segment and Indian market in general.

Indian companies raise Rs 3,300 cr via NCDs

Last Updated: Sunday, July 20, 2014, 10:43

A cumulative amount of Rs 42,383 crore had been garnered through 35 issues of NCDs in the entire 2013-14 fiscal.

RIL becomes first private company to post $1 billion quarterly profit

Last Updated: Saturday, July 19, 2014, 20:33

Reliance Industries posted a 13.7% jump in its first quarter net profit to almost $1 billion, the highest quarterly profit by a private firm.

Reliance Industries Q1 earning up 13.7% at Rs 5,957 crore

Last Updated: Saturday, July 19, 2014, 18:16

Consolidated net profit in April-June quarter at Rs. 5,957 crore was 13.7 per cent higher than Rs. 5,237 crore in the same period a year ago.