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Sensex and Nifty end on positive note, set 1 month closing record high

India Infoline News Service / 16:10, Dec 09, 2016

SBI, Bank of Baroda, Tata Power, ACC, ICICI bank, Zee Entertainment, Hindalco were the top gainers while Infratel, Bajaj Auto, Grasim, Eicher Motors, M&M, Coal India were among the losers on NSE.

Stock Market News

Sensex and Nifty end on positive note, set 1 month closing record high

India Infoline News Service / 16:10, Dec 09, 2016

SBI, Bank of Baroda, Tata Power, ACC, ICICI bank, Zee Entertainment, Hindalco were the top gainers while Infratel, Bajaj Auto, Grasim, Eicher Motors, M&M, Coal India were among the losers on NSE.

Economy News

Go in for cashless transactions and get discounts: FM Arun Jaitley

India Infoline News Service / 11:17, Dec 09, 2016

In the aftermath of the cancellation of the legal tender character of the old Rs 500 and Rs 1,000 notes, there has been a surge in the digital transactions through use of credit/debit cards and mobile phone applications/e-wallets etc.

Business News

Thomas Cook conferred with Diamond Award at The French Ambassador’s Travel Awards

India Infoline News Service / 11:45, Dec 09, 2016

Thomas Cook India’s internal research highlights that France is one of the top aspirational destinations on the Indian traveller’s bucket list. The data also reiterates increased Indian traveller appetite for newer French locales and experiences; equally growing interest for non-traditional opportunities like winter holidays.

IPO News

Bharat Wire Ropes IPO subscribed 59%

India Infoline News Service / 17:35, Mar 21, 2016

The initial public offering (IPO) received bids for 1,04,09,100 shares against the total issue size of 1,75,00,000 shares, according to NSE data.

 
Global News

Temasek invests $250M in Columbia Pacific’s China operations

India Infoline News Service / 13:50, Oct 20, 2016

Temasek is investing about $250 million USD in Columbia China, the China healthcare arm of Seattle’s Columbia Pacific Management, which will result in a 50/50 joint venture with Columbia Pacific. Columbia China currently has a 220-bed orthopedic hospital, two multi-specialty clinics and three senior living facilities in Shanghai and Beijing.

M & A News

O2 Spa continues its expansion drive; acquires Zazen

India Infoline News Service / 17:00, Dec 07, 2016

This acquisition comes at the heels of O2 Spa’s recent announcement of aggressive expansion plans to cement its position as the leader in the industry by investing USD 15 million in order to enable growth to 150 outlets across 30 cities from their current presence of 60 centers in 17 cities.

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