Wed, Mar 29, 2017 | updated 10:50 AM IST

Nifty ends tad below 8800, Sensex up 109 pts; ITC gains

Updated: Aug 31, 2016 16:00 IST

New Delhi [India], Aug 31 (ANI): The market on Wednesday ended with gains with the Sensex trading up 109.16 points or 0.4 percent at 28452.17, and the Nifty trading close to 41.85 points or 0.5 percent at 8786.20.

Shares such as Tata Motors, HDFC Bank and ITC were among the gainers while Tata Steel, Lupin, NTPC and ONGC were in the losers category.

Steel Minister Chaudhry Birendra Singh met Arcelor Mittal Chairman Lakshmi Mittal and discussed the proposed Rs. 6,700-crore joint venture with SAIL to set up an automotive steel plant in India.

Singh held consultations on the JV with top brass of the world's largest steel maker here today along with senior official from the Steel Ministry and SAIL Chairman P K Singh, ArcelorMittal said in a statement.

"Arcelor Mittal welcomed Singh, SAIL Chairman and Steel Ministry's Joint Secretary Sunil Barthwal to its London offices for discussions regarding the proposed USD one billion automotive steel JV between Arcelor Mittal and SAIL ," it added.

UltraTech Cement surged four percent after foreign investors are allowed to buy up to 30 percent stake in the company.

Kotak Mahindra Bank hit fresh record high, up 3.4 percent after Canada Pension Plan Investment Board (CPPIB) is allowed to buy more than five percent but less than 10 percent stake in the bank.

Crude oil futures dipped as the US dollar held around three-week highs and industry stocks data indicated a build in US crude inventories. International Brent crude oil futures were trading at USD 48.02 per barrel, down 0.72 percent from their previous close. US West Texas Intermediate (WTI) crude futures were down 0.45 percent at USD 46.14 a barrel. (ANI)

New Delhi [India], Mar. 28 (ANI): The Economic Affairs Secretary, Shaktikanta Das on Tuesday set the gross market borrowing for the first six months at Rs 3.71 lakh crore or 64per cent of the full year's target of Rs 5.8 lakh crore.

Full Story >>

Idea launches 4G services in Jammu

Updated: Mar 28, 2017 17:22 IST

New Delhi [India], Mar 28 (ANI): Telecom operator Idea Cellular on Tuesday announced its operations of world class 4G services in Jammu and Kashmir circle.

Full Story >>

New Delhi [India], Mar. 28 (ANI-NewsVoir): Pachouli - a leading health, fitness and beauty brand joined hands with India Designer Society to partner for one of its kind fashion reality show "India Kids Fashion Fest."

Full Story >>

New Delhi [India], Mar 28 (ANI): Given the continuing sluggishness in the key real estate and construction sectors, ICRA expects the overall steel consumption growth for FY2017 to be lower than the previous year levels.

Full Story >>

New Delhi [India], Mar 28 (ANI): In pursuance with the decision of Dr. K M Cherian, Chairman and CEO of Frontier Lifeline Hospital (FLL) and Remigijus Zaliunas, Rector Professor of the Lithuanian University of Health Sciences (LSMU), a Memorandum of Understanding (MOU) has been signed between both the institutions, for promoting and reinforcing cooperation, mutual exchange of views and information, improvement of research and academic programmes and also exchange of experts and researchers.

Full Story >>

New Delhi [India], Mar 28 (ANI-NewsVoir): E. Elumalai, BSc., Student (final year, Perambur Branch, Chennai) of Chennais Amirta International Institute of Hotel Management, brought laurels to the city winning bronze medal in the Culinary Art India 2017 competition. The 12th edition of the national level competition was part of Aahar International Fair held at Pragathi Maidan, New Delhi from 6th to 11th March 2017. It was organized by India Trade Promotion Organization (ITPO) in association with Indian Culinary Forum (ICF).

Full Story >>

New Delhi [India], Mar 28 (ANI): Capillary Technologies, the leader in cloud-based OmniChannel Engagement and Commerce solutions has partnered with Exclusífe to provide comprehensive CRM solutions to retailers of all sizes in India.

Full Story >>

New Delhi [India], Mar 28 (ANI): Largest telecommunications services provider Bharti Airtel Limited on Tuesday announced the successful completion of the secondary sale of over 190 million shares of its subsidiary Bharti Infratel Limited (Bharti Infratel) representing 10.3 percent, to a consortium of funds advised by KKR and Canada Pension Plan Investment Board for a total consideration of over Rs. 6,193.9 crore (approx. USD 951.6 million), executed at a price of Rs. 325 per share.

Full Story >>

New Delhi [India], Mar 28 (ANI): Housing.com has launched a unified platform for real estate developers and partners to manage their business, 'Housing Partner'.

Full Story >>

New Delhi [India], Mar 28 (ANI): India's largest Income Tax returns e-filing and enterprise compliance service provider ClearTax on Tuesday launched its GST e-learning kit to educate the business community and make over 2.5 lakh CAs and Tax Return Preparers GST-ready and help them serve over 1 crore businesses.

Full Story >>

New Delhi [India], Mar 28 (ANI): Digital platform that connects, engages and helps sports audiences interact with each other on a real-time basis, Rooter on Tuesday announced raising of an undisclosed amount of funds from Intex, one of India's fastest growing consumer electronic goods and accessories manufacturer.

Full Story >>

New Delhi [India], Mar 28 (ANI-NewsVoir): As per a National Book Trust NCAER survey in 2009, there were 83 million Indians (13-35 age group) reading books for leisure in 2009. Reading in Hindi, Marathi, Bengali and English primarily, 46 percent of the respondents chose "knowledge enhancement" as a reason for reading books.

Full Story >>

New Delhi [India], Mar 28 (ANI-BusinessWireIndia): The Schwab Foundation for Social Entrepreneurship, a sister organization of the World Economic Forum, in partnership with the Jubilant Bhartia Foundation announces opening of entries for the annual competition Social Entrepreneur of the Year (SEOY) India Award2017.

Full Story >>

New Delhi [India], Mar 27 (ANI): Leading financial marketplace Wishfin on Monday announced developments in the company's management team with key new hires to support its expansion.

Full Story >>

New Delhi [India], Mar 27 (ANI): Bank of Baroda, India's leading public sector bank has entered into MOU with Jain Irrigation Systems Limited, with an objective to finance the Micro Irrigation systems i.e. drip and sprinkler irrigation sold by the company through the network of Bank of Baroda branches across the country.

Full Story >>

New Delhi [India], Mar 27 (ANI): The 33rd Edition of India Carpet Expo, Organized by Carpet Export Promotion Council at Pragati Maidan, New Delhi was inaugurated today with lamp lighting by Minister of Textile, Smriti Irani in the august presence of Ajay Tamta, Minister of State for Textiles and Virender Singh, Member of Parliament, Bhadohi.

Full Story >>

New Delhi [India], Mar 27 (ANI): India's top mobile balance management service app True Balance has introduced a welcomed addition of 'One-click Recharge' feature to facilitate easy phone bill payments through its platform.

Full Story >>

New Delhi [India], Mar 27 (ANI): Unveiled at the Milan Men's Fashion Week 2017, the Ducati Diavel Diesel is now available on special order at Ducati dealerships across the country. One of the most successful Ducati models in India, the Diavel has now donned an exquisite avatar, as a result of a creative collaboration between the Ducati Design Center and Andrea Rosso, Diesel Licensing Creative Director.

Full Story >>

New Delhi [India], Mar 27 (ANI): India's leading online recruitment marketplace Aasaanjobs on Monday announced the launch of its unique search and filter feature for job seekers on its platform.

Full Story >>

New Delhi [India], Mar 27 (ANI-NewsVoir): The fast moving consumer goods (FMCG) segment is the fourth largest sector in the Indian economy.

Full Story >>