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20 April, 2018 2:13 PM Markets end in red in choppy trade

New Delhi: The key equity indices closed in red on Friday in a choppy trade. The BSE Sensex slipped 11.71 points to close at 34,415.58 while the Nse Nifty was down 1.25 points to 10,564.05. Major losers were Kotak Bank, Yes Bank, IndusInd Bank, Bajaj Auto, Sun Pharma, Powergrid, SBIN, HDFC, Axis Bank, ITC, Asian Paints and Tata steel losing up to 1.47 percent 36

17 April, 2018 4:32 PM India Seeks Compensation For US steel And Aluminium Tariffs At WTO

India said it regarded the US tariffs as "safeguards" under the WTO rules. Geneva: India has followed the European Union and China by demanding compensation from the United States at the World Trade Organization for U.S. steel and aluminium tariffs, documents filed to the WTO showed on Tuesday. Like the EU and China, India said it regarded the US tariffs 52

16 April, 2018 3:51 AM Japan, China pledge to work on economic ties amid heightened trade tensions

Japanese PM Shinzo Abe and Chinese President Xi Jinping pledged last year to reset the sometimes touchy relationship between Asia's two largest economic powers Japanese Foreign Affairs Minister Taro Kono and his Chinese counterpart kicked off the first high-level economic talks between their nations in eight years on Monday, at a time of tense trade 31

13 April, 2018 7:14 AM Reliance Infrastructure gains 2% on contract for 3 out of 5 packages of Mumbai Metro Line-4

Reliance Infrastructure is keenly pursuing project opportunities worth around Rs 2 lakh crore to increase its EPC order book to Rs 50,000 crore by FY19. Reliance Infrastructure share price gained more than 2 percent intraday Friday on bagging contract for three out of five packages of Mumbai Metro Line-4. The Anil Dhirubhai Ambani Group company has received 43

12 April, 2018 5:22 PM Essar Steel resolution may face further delay

The 270-day deadline ends on April 29 Essar Steel’s bankruptcy resolution may face further delays after the Ahmedabad bench of the National Company Law Tribunal (NCLT) declined to modify an order barring the resolution professional (RP) from opening the second round of bids for the firm till it pronounces judgement on the eligibility of the first-round 34

9 April, 2018 3:25 PM Defence Ministry inks Rs 639 crore BPJ contract

The Defence Ministry today signed a contract with a defence firm for procurement of 1.86 lakh bullet proof jackets for the Army at a cost of Rs 639 crore. In a statement, the ministry said the contract was finalised after "successful" field evaluation trials. The contract has been bagged by indigenous defence manufacturer SMPP Pvt Ltd. "A major contract 69

9 April, 2018 7:10 AM Market Update: Oil & gas, bank stocks lead Nifty gains as HPCL, BPCL jump 4%, Axis up 2%; ICICI Bank most active

The market breadth was in favour of the advances with 1131 stocks advancing while 568 declined and 348 remained unchanged. On the other hand, in the BSE, 1619 stocks advanced and 890 declined and 136 remained unchanged. The Indian equity market was trading on a positive note on Monday afternoon with the Nifty adding 61 points at 10,393 mark while 38

4 April, 2018 8:46 PM India Is World's Second Largest Producer Of Crude Steel, Overtakes Japan

Mumbai: In a major achievement, India has overtaken Japan to become the world's second largest producer of crude steel in February, according to the Steel Users Federation of India (Sufi). At present, China is the largest producer of crude steel in the world, accounting for more than 50 per cent of the production. India's crude steel production was up 4.4 per cent and stood 50

4 April, 2018 4:13 PM Trade war with China was lost many years ago: Donald Trump

President Donald Trump today said the US is not in a trade war with China as the war was lost many years ago by the previous "foolish and incompetent" American leadership. Trump, however, asserted that the current trade situation with China cannot be allowed to continue. In another tweet Trump said, "When you're already $500 Billion DOWN, you can't lose!" Trump's 52

4 April, 2018 3:46 PM RINL eyes net profit; U.P. plant to be ready in 2019

Steel major estimates 2017-18 revenue at ₹16,500 crore Rashtriya Ispat Nigam Ltd. (RINL), the corporate entity of Vishakhapatnam Steel Plant aims to be back in the black this fiscal, according to chairman and managing director P. Madhusudan. After two consecutive years of losses, totalling ₹2,600 crore since 2015-16, RINL earned cash profits in the year ended 37