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Showing posts with the label business news this week

Business News This Week: Report on Weekly Stock Market

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Business News The week :The week was full of volatile for the Indian stock markets, but at the end the govt's move on MAT helped indices to end in positive note. Foreign Portfolio Investor (FPIs) worries abated after the government set up a high-level committee to look into the Minimum Alternative Tax (MAT) issue that triggered positive sentiments in Indian stock markets.  The BSE 30-Share indicator – BSE Sensex resumed firm a hovered in a wide range of 27,603.71 points and 26,423.99 points before recovering to end with a small weekly rise of 94.08 points or 0.35 per cent, to end at 27,105.39 points. In the last three weeks, it crashed 1,868.07 points or 6.47 per cent. The 50-share CNX Nifty opened higher at 8,230.05 points and moved in a breath of 8,355.65 points and 7, 99.15 before closing at 8,191.50 points, a modest gain of 10 points, or 0.21 per cent. Last Week : BSE Sensex lost 1.55 percent and Nifty shed 1.49 percent. The 30-share sensitive index (Sensex) of the Bomba...

Godrej Commits to Shaping the Future through Incessant Innovation

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Mumbai, 7 May, 2015: Godrej Group, shaping the future since 1897, today reiterated the commitment to making an impact on people, country and planet on the occasion of its 118th birth anniversary. Since 7th May 1897, Godrej has been instrumental in making lives brighter through a series of inventions that have combined pioneering science and engineering with a larger social purpose. Today 600 million Indians use some Godrej product. What started with just locks is today one of India’s most trusted and loved brands spanning Animal feeds to Aerospace. In 2015, Godrej is harnessing newer technologies and a world class design led approach to create matchless experiences for the discerning new age customers. On this occasion, Adi Godrej, Chairman, Godrej Group said, “Godrej has had a tremendous journey since 1897. Our founder, Mr. Ardeshir Godrej, started the Group making locks. However, his primary intent, in the words of our current Prime Minister, was ‘Make in India’. Since then there ...