Fri, Jun 23, 2017 | updated 07:27 AM IST

Nifty trades around 8550, Sensex weak; Wipro slip 2 pct

Updated: Aug 29, 2016 11:29 IST      
Nifty trades around 8550, Sensex weak; Wipro slip 2 pct

New Delhi [India], Aug 29 (ANI): The market on Monday opened flat reacting to Federal Reserve Chair Janet Yellen's comments on rate hikes. The Sensex traded up 39.01 points or 0.1 percent at 27821.26, while the Nifty traded up 11.20 points or 0.1 percent at 8583.75.

Shares such as Tata Motors, Cipla, Sun Pharma and Asian Paints were top gainers while Adani Ports, Lupin, Bharti, SBI and Axis were in the losers category.

The Indian rupee opened lower by eight paise at 67.14 per dollar versus 67.06 Friday.

As per the market experts, the Interest rate speculation will continue to keep the USD higher. Expectations are that the USD-INR pair will trade in the range of 66.90-67.20/dollar today.

The dollar was near a two-week high against the yen after comments from Central Bank chiefs at the weekend reinforced the divergence between monetary policy in the US and other parts of the world. Bank of Japan governor Haruhiko Kuroda reiterated a pledge to ease monetary policy further if necessary, saying that he would bolster economic stimulus without hesitation.

Also, Coal India 's board announced approval of signing a pact with African Exploration Mining and Finance Corporation SOC Ltd (AEMFC), owned by the South African government, for acquisition of coal mines in that country.

"The CIL board has accorded approval to the proposal for execution of MoU between CIL (Coal India) and African Exploration Mining and Finance Corporation, SOC Ltd ( AEMFC), an entity owned by the government of South Africa for identification, acquisition, exploration, development and operation of coal assets in South Africa," a recent report of the PSU said. (ANI)

New Delhi [India], June 23 (ANI): IBM has announced a study conducted by the IBM Institute for Business Value (IBV) in cooperation with the Economist Intelligence Unit, to evaluate India's growing skills challenge and proposed recommendations to bridge the gap.

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New Delhi [India], June 22 (ANI): Pawan Kumar Agarwal, Chief Executive Officer of the Food Safety and Standards Authority of India (FSSAI) said Thursday that the FSSAI is committed to ensuring robust and unambiguous standards for food supplements with the help of industry.

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MSMEs all set to embrace GST challenges

Updated: Jun 22, 2017 18:00 IST     

New Delhi [India], June 22 (ANI): The CII MSME Summit titled, 'Breaking Barriers to Excellence: Unlocking Hidden Potential,' echoed the preparedness of MSMEs to adopt the GST regime.

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Paris [France]/Mumbai [India], June 22 (ANI): Reliance Defence Limited, a fully owned subsidiary of Reliance Infrastructure Limited signed a Memorandum of Understanding (MOU) at the Paris Air Show with Daher Aerospace, France, a leading supplier of integrated systems for Aerospace and Advanced Technologies.

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New Delhi [India], June 22 (ANI-NewsVoir): Parry Nutraceuticals, a division of EID Parry and part of the Murugappa Group has forged a partnership with Synthite Industries to apply proprietary patented technologies for extraction of Phycocyanin, a natural blue pigment found in Spirulina.

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New Delhi [India], June 22 (ANI-NewsVoir): Consumption of cricket-related content exceeded 0.75 billion on UCWeb Platforms - UC News and UC Browser, for the latest edition of IPL 2017 and the recently-concluded ICC Champions Trophy 2017, according to a data report, titled Insights into India's Cricket Frenzy, released by UCWeb.

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Jaago Re 2.0 drives pre-activism in India

Updated: Jun 22, 2017 17:52 IST     

New Delhi, June 22 (ANI): Tata Tea launched its iconic campaign Jaago Re 2.0 - 'Alarm Bajne se Pehle Jaago Re' - earlier this year urging people to pre-act before tragedies hit.

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Tochigi/Tokyo [Japan], June 22 (ANI): Come spring and the worlds' most beautiful wisteria can be found blooming in Japan's Tochigi Prefecture.

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Yeh Hai India slated to release on August 4, new poster out

Updated: Jun 22, 2017 17:14 IST     

New Delhi [India], June 22 (ANI-NewsVoir): The patriotic film, Yeh Hai India on Thursday launched a brand new poster and also announced that the movie will be releasing on August 4, 2017. The release date for the movie was announced by General V. K. Singh at a private function in New Delhi where he also saw the movie.

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GoDaddy launches business email solutions for small firms

Updated: Jun 22, 2017 16:54 IST     

New Delhi [India], June 22 (ANI): GoDaddy, a cloud platform dedicated to small, independent ventures on Thursday announced the launch of its new 'Business Email' service for small businesses in India.

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New Delhi [India], June 22 (ANI-BusinessWire India): Thepackersmovers.com is the much accredited online directory of India that aims to simplify relocation experience of people moving across the experienced team of professionals country and abroad. With hundreds of enlisted Packers and Movers with, the directory eases the search for reliable options.

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New Delhi [India], June 22 (ANI-BusinessWire India): Chitkara University on Thursday announced that they are initiating two-year MBA Healthcare Management with specialisation in Health Information Technology (HIT) in strategic partnership with Frost & Sullivan, the Growth Partnership and consulting company with deep industry understanding in Healthcare Informatics across India and Asia.

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New Delhi [India], June 22 (ANI-BusinessWire India): Mettl, India's leading online assessment company has pioneered a partnership with Mankind and HummingBird International to power their psychometric test assessment engine, in turn, expanding its roots into the assessment of leadership competencies for the former's recruitment consultancy.

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New Delhi [India], June 22 (ANI-BusinessWire India): FreeCharge, India's leading digital payments platform on Thursday announced its partnership with ALTBalaji, largest digital platform for original shows from India, to provide easy, secure and fast digital payment solutions for users.

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New Delhi [India], June 22 (ANI-BusinessWire India): Corporate gifting has emerged out to a pioneering gifting sector in the recent years. As per the statistics, in 2015, India alone had a gifting market of USD 30 billion, out of which, USD 2.5 billion belonged to corporate gifting. Companies today are showing more interest in their relations with customers and employees; as a result, a trend of corporate gifting has started gaining pace.

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New Delhi [India], June 22 (ANI-NewsVoir): Goeman Bind HTO, an international not-for-profit think tank and research advisory on Thursday announced the joining of globally acclaimed policy specialist and corporate lawyer, Hemant Batra.

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Airbnb, World Bank sign MoU to enhance rural tourism

Updated: Jun 22, 2017 14:08 IST     

New Delhi [India], June 22 (ANI): The World Bank group and Airbnb on Wednesday signed a Memorandum of Understanding (MoU), validating their combined efforts to boost the tourism industries of developing economies, at the Tourism Knowledge Exchange 2017, an event highlighting the latest innovations in sustainable tourism.

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New Delhi [India], June 22 (ANI-BusinessWire India): Over the course of one famous year, Omega released three professional timepieces that would all go on to become absolute classics: The Seamaster 300, the Railmaster and the Speedmaster. That year was 1957.

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Sensex crosses 31,500 mark, hits all-time high of 31,522

Updated: Jun 22, 2017 12:33 IST     

New Delhi [India], June 22 (ANI): The Bombay Stock Exchange's (BSE) sensex on Thursday witnessed an all-time high of 31,522 points, recording a suge of over 200 points since the opening figure.

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New Delhi [India], June 22 (ANI-NewsVoir): Colgate-Palmolive India Ltd., the market leader in oral care in India launched its annual Colgate Scholarship Offer. As a part of this limited-edition offer, valid till July 31, 2017, Colgate is offering more than 300 scholarships worth more than Rs. 52 lakh, to help children take small, yet meaningful steps in fulfilling their dreams.

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