March 25, 2018
NEW DELHI: The Supreme Court on Wednesday asked the embattled realty firm Jaiprakash Associates Limited (JAL) to deposit Rs 200 crore in two instalments by May 10. The bench headed by Chief Justice Dipak Misra asked the real-estate major to deposit Rs 100 crore by April 6 and the rest by May 10. The bench,…
March 25, 2018
Taylor Devices India, a Gurgaon-based seller of earthquake-resistant devices, is trying to build awareness of its products and sell them by riding on the growing number of infrastructure projects in and beyond the Millennium City. The company installs dampers – shock absorbers that soak up earthquake energy – inside buildings, both under construction and completed.…
March 24, 2018
The recent sell-off in domestic equity markets took the benchmarks to their lowest level since December 2017. The BSE Sensex fell 9.50 per cent to 32,996.76 on March 20 against its all-time high of 36444 on January 29. Uninterrupted outflows by foreign institutional investors, a robust IPO pipeline, concerns over any rate hike by the…
March 24, 2018
Australian shares recovered from early losses to end slightly higher on Monday, though trading was cautious ahead of an expected US interest rate hike later in the week. While it is widely expected that Federal Reserve will raise rates for the first time this year at its March 20-21 meeting, the key focus remains on…