business

Future Generali India has floated three different plans – Silver, Gold and Platinum to enhance protection covers for motor vehicles. These plans offer enhanced protection covers, seek to fill the gap in insurance protection in the existing standard motor insurance covers. Presently, under the standard motor insurance policy, in the event of a loss the … Read more Future Generali – Silver + Gold + Platinum Motor vehicles policy plans

Godrej group has received the market regulators (Securities and Exchange Board of India) nod for an initial public offer (IPO) of its real estate unit, Godrej Properties. The company may accumulate around Rs 450-600 crore through the issue while offering close to 10% stake. ICICI Bank and Kotak Mahindra Capital are managing the issue for … Read more Godrej Properties IPO gets SEBI Nod

Fast tracking the process of disinvestment in public sector enterprises, the government has initiated talks with the Department of Telecommunications (DoT) for disinvestment in BSNL and Telecommunications Consultants India (TCIL) in the current fiscal. Finance secretary Ashok Chawla had reportedly held a meeting with various ministries over disinvestment in certain companies and also about IPOs … Read more Govt starts discussing BSNL IPO with DoT Employees Union

Copper rose to a one-month high as the dollar weakened and upbeat US corporate and economic numbers spurred investor confidence that the global economy had passed the worst of its downturn. Copper for September delivery on the New York Mercantile Exchange’s COMEX division gained 9.30 cents, or 4%, to settle at $2.3920 a lb, after … Read more Copper at 1-month high on economic data, positive earnings news

Auto major Mahindra & Mahindra (M&M) has launched its new Bolero MaxiTruck priced at Rs 3.52 Lakh, ex-showroom Pune. Bolero MaxiTruck has a 2,500 cc, 61 hp engine and the micro hybrid technology which will helps to save fuel as the technology turns off the engine if the vehicle stops anywhere e.g. traffic signal. It … Read more Mahindra launches Bolero MaxiTruck

Bharti Airtl has received approval from share holders to split the face value of its shares from Rs 10 to Rs 5 or in the ratio of 1:2.So the number of stocks you hold in Bharti Airtel will double after the record date. This is not the same a split that occurs in the US … Read more Bharti Airtel Stock Split ratio 1:2