IRB Infrastructure Developers has registered its draft red herring prospectus (DRHP) with the market controller SEBI yesterday for its initial public offering (IPO) of 5,10,57,666 shares of Rs 10 e

Mumbai: Indian Rupee remained strong against the US dollar amid weakn

The Sensex, which recovered its previous losses after a sharp setback, dropped into the red zone again owing to lack of support at senior levels.

At 11.25 a.m., the Sensex was down with a huge loss of 71.75 points at 17,775.29. The Nifty was also down by about a point at 5209.90.

Mumbai: Indian state-run explorer Oil and Natural Gas (ONGC) will expend Rs 5713 crore on the second development phase of a key field off India’s west coast.

In a declaration, the company said that the renovation would aid ONGC’s Mumbai High South field to fabricate 22 million tonnes of incremental oil.

“At current crude prices, the additional produce is valued at 530 billion rupees,” the company said.

Secunderabad-based agriculture inputs manufacturer, Kaveri Seed (KSCL) has got

Mumbai: Indian mobile service provider Reliance Communications has launched its latest mobile phone ‘Classic 732’ at just Rs 999, the lowest in Indian market

A top company functionary stated that ‘Classic’ is India's prime operator-driven handset product brought out by Reliance at an affordable entry level pricing.