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No. of Items: 57 | No. Pages: 10
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Sensex rallies 259 pts, ends worst Nov in five years on positive note
DNMUM378420 | 12/1/2016 | Author : dna correspondent
Mumbai: The markets ended their worst November since 2011 on a positive note on Wednesday with the BSE Sensex gaining 258.80 points or 0.98% to close at 26652.81. Nifty rose 82.35 points or 0.01% closing the day at 8224.50. Asian and European stocks too rose as investors awaited...
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Merc waits to drive in radar tech
DNMUM378423 | 12/1/2016 | Author : Shahkar Abidi
Mumbai: Getting closer to autonomous car driving in India, Mercedes-Benz on Wednesday said it plans to introduce radar-based navigation technologies but only after all three frequencies needed for its optimum use are de-licensed by the government. At present, just one frequency i...
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Expect longer queues at banks, ATMs today
DNAHM106610 | 12/1/2016 | Author : dna correspondent
-Shailesh Prajapati.dnaAhmedabad: Vehicle sales went thrown into reverse gear in November following the announcement of demonetisation, say local automotives' dealers. As the month came to an end, vehicle sales dropped by about 40% compared to the monthly average and footfal...
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Ad industry stares at `2,000 cr business loss
DNMUM378358 | 11/30/2016 | Author : Ashish K Tiwari
The advertising industry is staring at a business loss of around Rs 2,000 crore in the year’s best quarter as demonetization takes a toll on consumer demand.Industry experts said that companies in consumption sectors have significantly cut advertising spends for November an...
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Auto stocks shine as Sensex holds on to gains
DNMUM378361 | 11/30/2016 | Author : dna correspondent
Continuing with the steady, but marginal gains, benchmark indices rose on Tuesday, as weak European markets weighed on sentiments. While the benchmark Sensex gained 43.84 points, or 0.17%, to close at 26394.01, Nifty ended the day up 15.25 points, or 0.19%, at 8142.15. Stocks of ...
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Bajaj Auto says sales take 25% hit on demonetization
DNMUM378362 | 11/30/2016 | Author : Somendra Sharma
Bajaj Auto on Tuesday said sales are down 25% this month with the rural market suffering a huge impact due to demonetization.Eric Vas, president - motorcycle business, Bajaj Auto, told DNA Money, “There has been a significant impact in the motorcycle business for us. Many o...
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