NEW DELHI, Mar 27: A total of 25,000 km of two-lane highways in the country will be converted into four lanes for Rs 10 lakh crore, and it will help reduce accidents on the roads significantly, Union Road Transport and Highways Minister Nitin Gadkari said in Lok Sabha on Thursday. Gadkari also said that 16,000 km of national highways will also be converted into six lanes for Rs 6 lakh crore. We are planning to convert 25,000 km of [] The post 25,000 Km Of Highway To Be Widened To 4 Lanes For Rs

MUMBAI, Mar 26: Benchmark stock indices Sensex and Nifty halted their seven-day winning run and closed down by nearly 1 per cent on Wednesday due to profit-taking in banking and IT shares. The 30-share BSE Sensex tanked 728.69 points or 0.93 per cent to settle at 77,288.50. During the day, it slumped 822.97 points or 1.05 per cent to 77,194.22. The NSE Nifty dropped 181.80 points or 0.77 per cent to 23,486.85. In the past seven trading days, the BSE [] The post Stock markets snap 7-day rally; Se

MUMBAI, Mar 25: Mobility solutions and financial services provider ORIX Corporation India on Tuesday said it has secured Rs 300 crore in equity investment from its Japanese parent firm ORIX Corporation for growth and expansion. The strategic investment reinforces the groups long-term commitment to Indias rapidly growing mobility and financial services sectors to further strengthen its footprint in the domestic market and accelerate the expansion of ORIX Indias leasing, mobility, and financial s

MUMBAI, Mar 24:Benchmark BSE Sensex surged by 1,078 points to close at a six-week high on Monday as fresh foreign fund inflows and buying in banking and oil & gas shares helped the index extend the winning run to the sixth day. The 30-share BSE Sensex jumped 1,078.87 points or 1.40 per cent to settle at 77,984.38, a level not seen since February 6. During the day, it zoomed 1,201.72 points or 1.56 per cent to breach the 78,000 [] The post Sensex jumps 1,078 pts to settle at 6-week high on FII b

CHENNAI, Feb 18: Public sector Indian Overseas Bank has launched Aadhaar-OTP based account opening and API banking facilities coinciding with its 89th Foundation Day Celebrations, a top official said on Tuesday. The initiatives were designed to offer simplified banking services to both individual and corporate customers. The city-headquartered bank has introduced an Aadhaar OTP based account opening facility, enabling customers to open a savings account effortlessly through the bank website. Thi

NEW DELHI, Jan 13:Wind energy solutions provider Inox Wind Ltd (IWL) on Monday said Care Ratings (CARE) has upgraded the ratings for the companys banking facilities. CARE upgraded its rating to CARE A1+, the highest rating for short-term bank facilities, from CARE A1, a company statement said. The rating upgrade reflects IWLs strong financial position, supported by the effective use of banking facilities like Letters of Credit (LCs) and Bank Guarantees (BGs), according to the statement. The lon

MUMBAI, Jan 3: Equity benchmark indices Sensex and Nifty buckled under selling pressure to settle nearly 1 per cent lower on Friday as investors pared exposure to bank and IT stocks ahead of the earnings season starting next week. A depreciating rupee against the US dollar further weighed on sentiment, traders said. The 30-share BSE Sensex tumbled 720.60 points or 0.90 per cent to close at 79,223.11 despite a positive beginning. During the day, it slumped 833.98 points or [] The post Sensex, Ni