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Govt approves four-laning of three highway projects

India Infoline News Service / 20:33, Jun 29, 2016

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, has approved the development of four laning of Aurangabad-Telwadi Section of NH-211 in Maharashtra.

Stock Market News

IT stocks recover after Brexit storm; gain 1.4%

India Infoline News Service / 17:29, Jun 29, 2016

IT stocks tumbled on Friday after UK chose to exit from the European Union. The stocks dropped 2.1% to 11306 points. Declining further on Monday and Tuesday, IT stocks dropped below the 11000 mark.

Business News

Sony SIX broadcasts the Hero Caribbean Premier League in 6 Countries

India Infoline News Service / 15:24, Jun 29, 2016

This will be the third consecutive year that the channel will be telecasting the tournament, which boasts of cricket stars such as Chris Gayle, AB De Villiers, Brendon McCullum and Dwayne Bravo.

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

Brexit aftershocks: Asian stocks continue bleeding

India Infoline News Service / 08:39, Jun 27, 2016

Meanwhile, a spurt in international gold prices diverted fund managers’ attention to the precious metal, from equities. The international gold prices were quoted at US$ 1,330 per t oz.

M & A News

M&A deal value in power sector surges by 166%, touches US$1.6bn; says EY

India Infoline News Service / 15:04, Jun 27, 2016

The deal volume and disclosed deal value in the sector stood at 17 deals and US$1.6 billion respectively compared to 15 deals and US$601 million for the corresponding period last year, says an analysis by EY, the leading global professional services organization.

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