Jagannadham Thunuguntla News
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A surge in demand for gold ornaments and coins after the biggest slump in prices in three decades is poised to boost profit at Rajesh Exports Ltd., India’s largest manufacturer and exporter of jewelry.
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Indian stock-index futures gained, signaling benchmark indexes may advance for a fourth day.
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Tata Sons Ltd. Chairman Cyrus Mistry, chasing his predecessor’s vision of boosting revenue fivefold in the next decade, is searching for a head of mergers and acquisitions, a person familiar with the plan said.
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Indian parents’ anxiety to find their children suitable spouses is a constant in a country that spends $37 billion annually on weddings.
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Oil & Natural Gas Corp. is set to lead India’s top state resources companies in paying a record dividend as Prime Minister Manmohan Singh seeks to use part of their $27 billion cash hoard to fund his government’s deficit.
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Truck driver Sujan Singh should be delivering cars to Mumbai from Maruti Suzuki India Ltd.’s plant near New Delhi. Instead, he’s sitting at a roadside cafe by one of India’s busiest highways, waiting for the traffic to ease.
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Jet Airways (India) Ltd. may trump Kingfisher Airlines Ltd. in the race for funds from Etihad Airways PJSC, hindering the grounded rival’s efforts to win investment to help restart flights.
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India’s top court ordered Sahara group, the owner of New York’s Plaza Hotel, to repay 174 billion rupees ($3 billion) of bonds after finding the company guilty of flouting debt-sale rules.
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Indian stocks fell for the sixth day, with the benchmark index completing its worst weekly loss in 15 months, on concern political instability and limited room to cut interest rates will undermine efforts to revive growth.
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India’s decision to allow life insurers to offer unit-linked plans, coupled with a state share- sale program, may raise investments in stocks by these companies to $25 billion this fiscal year, SMC Capitals Ltd. said.
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