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Not considering FDI in multi-brand retail yet: Sitharaman

New Delhi, Sep 7 (IANS) India is not considering allowing foreign direct investment (FDI) in multi-brand retail trading in the current circumstances, the government said on Wednesday. “At the moment, India can create several Walmarts…











BHEL’s Q1 net profit up 54%, stock rises 15%

Mumbai, Sep 7 (IANS) State-run power equipment manufacturer Bharat Heavy Electricals (BHEL) on Wednesday reported a rise of 54.21 per cent in its standalone net profit for the first quarter of 2016-17. The company’s Q1…







IoT India Congress 2016 begins in Bengaluru

Bengaluru, Sep 7 (IANS) The three-day Internet of Things (IoT) India Congress 2016 kicked off in Bengaluru on Wednesday that aims to bring together key stakeholders across the value chain and verticals to collaborate, ideate…


Profit booking subdues equity markets

Mumbai, Sep 7 (IANS) Profit booking subdued the Indian equity markets on Wednesday, as both the key indices provisionally closed the day’s trade on a flat note. Heavy selling pressure was witnessed in consumer durables,…