Month: March 2019

BoI raises Rs 660 cr by selling shares to employees

New Delhi : State-owned Bank of India (BoI) Tuesday said it has raised Rs 660.80 crore by issuing shares to employees under Employee Share Purchase Scheme (ESPS). The bank issued 6,25,52,188 shares of Rs 10 each to eligible employees, BoI said in a statement. It offered a discount of […]

Volvo Cars to launch plug-in hybrid in second half of 2019

Chennai :  Swedish luxury car maker Volvo Cars India would introduce ‘Make in India’ battery operated plug-in hybrid during the second half of this year, a top official has said. The company besides introducing the hybrid would also look at tapping rural markets in the country under its plan […]

JMC Projects secures new orders worth Rs 547 crore

New Delhi : JMC Projects (India) Tuesday said it has won contracts worth Rs 547 crore for water pipeline, residential and commercial projects. The company, a subsidiary of Kalpataru Power Transmission Ltd, is into civil engineering, and engineering, procurement and construction works. “JMC…has secured new orders of Rs 547 […]

Sensex rises over 100 pts; Nifty above 11,300

Mumbai :  The BSE benchmark Sensex rose over 100 points Wednesday led by gains in banking stocks amid continued buying by foreign investors. The 30-share index was trading 134.95 points, or 0.36 per cent, higher at 37,670.61, while the 50-share NSE Nifty climbed 22.10 points, or 0.20 per cent, […]

Rupee rises by 8 paise to 69.63 vs USD in early trade

Mumbai : The rupee appreciated by 8 paise to 69.63 against the US dollar in opening trade Wednesday, driven by sustained foreign fund flows and higher opening in domestic equity market. The rupee opened at 69.71 at the interbank forex market then gained further ground and touched 69.63, displaying […]

UN probing North Korea sanctions violations in 20 countries

United Nations : UN experts say they are investigating possible violations of United Nations sanctions on North Korea in about 20 countries, from alleged clandestine nuclear procurement in China to arms brokering in Syria and military cooperation with Iran, Libya and Sudan. The expert panel’s 66-page report to the […]

26 teachers in Maha booked for refusing election work

Palghar : At least 26 teachers from Palghar district in Maharashtra have been booked for allegedly refusing to do election-related duty, police said Wednesday. The teachers from a school in Nallasopara area were last year appointed as booth-level officers to update the voters’ list and undertake other poll-related works, […]

Militant hideout busted in J&K’s Kulgam district, one arrested

Srinagar : A man was arrested and arms and ammunition, including grenades, were seized by security forces from a militant hideout in Jammu and Kashmir’s Kulgam district, police said Wednesday. “On credible input, a joint party of police and other security forces busted a hideout in a residential house […]

BJP seals alliances in Northeast, aims 22 LS seats

Guwahati :  The Bharatiya Janata Party (BJP) has finalised its alliances in the Northeast, setting a target of winning at least 22 of the 25 Lok Sabha seats from eight states of the region, party general secretary Ram Madhav claimed on Wednesday. Madhav, the BJP’s incharge of the Northeast, […]

Muzaffarnagar riots: Eyewitness shot dead

Muzaffarnagar : A man, who witnessed the killing of his two brothers during the Muzaffarnagar riots, was shot dead at Khatoli here, police said Wednesday. The communal clashes in Muzaffarnagar and its adjoining areas in August and September 2013 had claimed more than 60 lives while over 40,000 people […]

Headlines