Amazon buys video-game streaming site Twitch for 970 million dollars

AmazonLondon, Aug 26 - American international company Amazon has bought a video-game streaming service T

Reliance Power commissions 5th unit of its Sasan UMPP

Reliance PowerNew Delhi: Reliance Power on Tuesday announced that the fifth 660 MW unit of its 3,960 MW Sasan ultra mega power project has commenced generation.

With this, the total operational capacity of the Sasan plant in Madhya Pradesh has reached 3,300 MW, Reliance Power said in a release.

Last unit is in advanced stages of construction and will be commissioned over the next few months, the statement added.

Coal production has already commenced from the 20 million tonnes Moher and Moher-Amlohri coal mines associated with the power project.

Bajaj Auto hopes for better days from September

Bajaj AutoKolkata : Bajaj Auto is bullish on its two new 150cc bikes and is aiming to regain lost ground in the second half of the FY15.

"From September onwards, we hope to come to a zero deficit situation compared to last year's monthly numbers," Bajaj Auto President (Motorcycle) Eric Vas said here.

"We are in deficit by about one lakh units in sales till now (April-August 14) this year. We can add about 35,000 units a month even if the mid-segment (above Rs 50,000) of the industry grows from 17 to 20 percent of the total motorcycle market," he said.

Rupee up 4 paise to 60.52 against dollar in early trade

Rupee up 4 paise to 60.52 against dollar in early tradeMumbai - The rupee recovered by four paise to 60.52 against the US dollar in early trade today at the Interbank Foreign Exchange market on increased selling of the American currency by exporters.

The local currency had lost 9 paise to close at 60.56 per dollar yesterday following late profit booking in local equities and fresh dollar demand from oil importers.

Sensex off record highs, down 105 points in early trade

Sensex off record highs, down 105 points in early tradeMumbai - Retreating from record highs, the benchmark BSE Sensex fell over 105 points in early trade on Tuesday with metal, auto and power sector stocks leading the fall, triggered by negative domestic cues amidst a weak trend in Asian trade.

The 30-share barometer fell by 105.19, or 0.39 percent, to 26,331.83.

Yesterday, the gauge closed at a fresh life-time high of 26,437.02 after climbing to an intra-day record high of 26,630.74.

Indian agrochemical industry to reach USD7.5 bn by FY19: Report

Indian agrochemical industry to reach USD7.5 bn by FY19: ReportMumbai : Indian agrochemical industry is estimated at USD 4.25 billion in FY14 and is expected to grow at 12-13 percent per annum to reach USD 7.5 billion by FY'19, says a report.

"Indian crop protection industry is estimated at USD 4.25 billion in FY14 of which 50 percent are exports. The crop protection industry has experienced strong growth in the past and is expected to grow further at 12-13 percent per annum to reach USD 7.5 billion by FY2018-19.

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