BUSINESS

Delhi's peak power demand scales new high of 7,323 MW

Competition Comm approves Tata Power-NESCO deal

11:37 pm March 19, 2021

New Delhi: Competition Commission of India (CCI) on Friday said it has cleared Tata Power’s proposed acquisition of 51 per cent stake in North Eastern Electricity Supply Company of Odisha Ltd. The proposed transaction relates to purchase of 51 per cent in NESCO from GRIDCO. This is pursuant to the competitive bidding process initiated by the Odisha Electricity Regulatory Commission, as per a combination […]

Gold gains Rs 168; silver declines Rs 135

7:43 pm March 19, 2021

New Delhi: Gold in the national capital on Friday gained Rs 168 to Rs 44,580 per 10 gram supported by recovery in global precious metal prices, according to HDFC Securities. In the previous trade, it had closed at Rs 44,412 per 10 gram. Silver, however, declined by Rs 135 to Rs 66,706 per kilogram from […]

Gold gains Rs 105; silver jumps by Rs 1,073

8:06 pm March 18, 2021

New Delhi: Gold rose by Rs 105 to Rs 44,509 per 10 gram in the national capital on Thursday, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 44,404 per 10 gram. “Spot gold prices for 24 carats in Delhi were up by Rs 105 reflecting overnight rally in […]

Two lakh jobs added in IT sector since 2019: Prasad

8:01 pm March 18, 2021

New Delhi: The IT sector has contributed 8 per cent to the country’s GDP and two lakh new jobs have been added in the sector since 2019, Information Technology Minister Ravi Shankar Prasad told the Rajya Sabha on Thursday. He said the government also intends to lay BharatNet in villages all over India and the […]

Sensex tanks 562 pts; Nifty cracks below 14,800

6:59 pm March 17, 2021

Mumbai: Dropping for the fourth straight session, equity benchmark Sensex tumbled 562.34 points on Wednesday following losses in index majors Reliance Industries, HDFC Bank and ICICI Bank amid a weak trend in global markets ahead of the US Federal Reserve’s policy outcome. After a volatile session, the 30-share BSE index tanked 562.34 points or 1.12 […]