Japan stocks close higher
Tokyo, Feb 22 (IANS) Japan stocks closed higher on Monday, reversing earlier losses as the yen’s retreat against the US dollar, coupled with a strong showing on Chinese bourses, lifted the market mood and spurred…
Business
Tokyo stocks reverse losses
Tokyo, Feb 22 (IANS) Japan stocks reversed early losses on Monday morning as the yen’s retreat versus a basket of currencies prompted buying, particularly of export-linked stocks whose companies’ profit outlooks are enhanced by a…
Chinese shares open higher
Beijing, Feb 22 (IANS) Chinese stocks opened higher on Monday, with the benchmark Shanghai Composite Index up one percent, at 2,888.6 points. The smaller Shenzhen index opened 1.26 percent higher at 10,290.05 points, Xinhua news…
Oil price to top Nigerian president’s agenda in Saudi, Qatar
Lagos, Feb 22 (IANS) Nigerian President Muhammadu Buhari will begin a week-long visit to Saudi Arabia and Qatar on Monday to discuss crude oil prices and market stability, a top official said on Sunday. Buhari…
Huawei, ZTE, Samsung launch products ahead of MWC
Barcelona Feb 22 (IANS) Chinese telecommunications companies Huawei and ZTE, as well as Korean Samsung all launched products on Sunday ahead of the opening of the Mobile World Congress (MWC) here on Monday. Huawei announced…
Harsimrat Badal at Gulf Food Conference, invites investors
Union Minister for Food Processing Industries Harsimrat Kaur Badal (Photo: IANS/PIB) Dubai, Feb 21 (IANS) Food Processing Minister Harsimrat Kaur Badal on Sunday invited investors from UAE as well as around the world to invest…
Tatas, older airlines spar over flying abroad norm
Mumbai: Tata Sons chairman emeritus Ratan Tata felicitates retired police officer Suryakant Jog during a programme in Mumbai, on Dec 23, 2015. (Photo: IANS) Bengaluru, Feb 21 (IANS) A spat broke out in India’s civil…
Reliance Jio to launch 4G services this year: Mukesh Ambani
Mumbai, Feb 21 (IANS) Reliance Industries chairman Mukesh Ambani said on Sunday that Reliance Jio will be ready to commercially launch its 4G telecom services in the second half of 2016, thereby offering high-speed mobile…
Airtel deploys LTE-Advanced 4G network in Kerala
New Delhi, Feb 21 (IANS) Telecom major Bharti Airtel on Sunday announced it has commercially deployed LTE-Advanced (4G+) in Kerala, which enables the operator to provide data speeds of up to 135 mbps. “Bharti Airtel…
Jat stir spurs Delhi-Chandigarh air fares 15-20 times
New Delhi, Feb 21 (IANS) As Haryana is convulsed by the Jat community’s agitation for job quota, which has led to obstruction of the Delhi-Chandigarh highway, private airlines have hiked their fares 15-20 times. Since…
Global oil price likely to stay low: Mukesh Ambani
Mumbai, Feb 21 (IANS) Cautioning against the overall deflationary dangers from the global oil price slide, Reliance Industries (RIL) chairman Mukesh Ambani said on Sunday that oil prices are likely to remain low for the…
Himachal Roadways suspends service to Delhi, Haryana
Shimla, Feb 21 (IANS) The state-run Himachal Road Transport Corp has suspended bus services to Delhi and Haryana following protests by the Jat community, Transport Minister G.S. Bali said on Sunday. He said no buses…
Volvo recalls 59,000 cars
Stockholm, Feb 21 (IANS) Volvo Cars is recalling 59,000 cars in 40 markets because of faulty software that can briefly shut down the engine and electric system while driving. Most of the faulty cars have…
Telecom ministry assessment doubtful about ‘Freedom251’
New Delhi, Feb 20 (IANS) The telecom ministry has done an internal assessment on viability of the handset ‘Freedom251’, being touted as the world’s cheapest smartphone at Rs.251 (less than $4), and found such a…
Caneus International to manufacture small satellites in Nagpur
Nagpur (Maharashtra), Feb 20 (IANS) Canadian entity Caneus International has signed a MoU with the Multi-Modal International Passengers and Cargo Hub (MIHAN) here to set up a facility for manufacturing small satellites. The memorandum of…
Jat stir: Maruti Suzuki suspends production
Gurgaon, Feb 20 (IANS) Maruti Suzuki India Limited (MSIL) on Saturday temporarily suspended the manufacture of cars at its facilities in Manesar and Gurgaon due to the ongoing Jat agitation, a company spokesperson said. “Owing…
SpiceJet to run additional flights for stranded passengers
New Delhi, Feb 20 (IANS) Budget airline SpiceJet on Saturday said it is doing its bit to help people stranded because of the Jat agitation for reservation in Haryana with additional flights. “We have initiated…
Gujarat eyes Rs.3,000 crore investment in tourism sector
Gandhinagar, Feb 20 (IANS) The Gujarat government is expecting investments of Rs.3,000 crore in tourism sector in the next five years, Chief Minister Anandiben Patel said on Saturday. “The state tourism sector has got the…
ONGC to invest Rs.5,050 crore to explore for additional gas in Tripura
Agartala, Feb 20 (IANS) The state-owned Oil and Natural Gas Corporation (ONGC) has undertaken a Rs.5,050 crore ambitious plan to explore for more gas in the northeastern state of Tripura, a top official said here…
1st phase of Kochi Smart City opens amid Left boycott
Kochi, Feb 20 (IANS) The first phase of Kochi Smart City project – a 6.5 lakh square feet IT tower – was inaugurated on Saturday but the Left opposition boycotted the function. No one from…