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BULLION CLOSING RATE

BULLION CLOSING RATE MUMBAI, MAY 6 (PTI) MUMBAI BULLION :- OPENING CLOSING SILVER SPOT (IN RS PER KILO) : 62,358.00 62,530.00 STANDARD GOLD (99.5) : 51,243.00 51,485.00 PURE GOLD (99.9) : 51,449.00 51,692.00 ---------------- PTI MUM SSB SSB SSB

SKF Showcases Clean and Intelligent Machinery Solutions at PapereX’22

New Delhi, Delhi, India (NewsVoir) • End-to-end solutions that help Pulp & Paper industry maximize plant reliability and performance • Visit us at Stall No. H16, Lane-H, Hall No. 11 Expo Centre, Greater Noida SKF - a leading global manufacturer of bearings, sealing solutions, lubrication management, condition monitoring systems, and services, will showcase its extensive [...]

GE Shipping March-qtr net jumps over three-fold to Rs 189 cr

Great Eastern Shipping (GE Shipping) on Friday reported a 285.71 per cent jump in consolidated net profit to Rs 189 crore for the quarter ended March. The company had posted a net profit of Rs 49 crore in the year-ago period, GE Shipping said in a BSE filing. Total revenue during the January-March quarter increased [...]

Power Min asks all imported coal-based thermal plants to run on full capacity

New Delhi, May 6 (PTI) The power ministry has directed all imported coal-based plants to run on full capacity amid the ongoing dry fuel shortage at thermal plants crippling electricity generation.In an office order issued in this regard on Thursday by the ministry, it is noted that most of the states have allowed pass-through of [...]

Investors wealth tumbles over Rs 4.47 lakh cr amid market crash

New Delhi, May 6 (PTI) Investors became poorer by over Rs 4.47 lakh crore on Friday as markets faced severe drubbing, mirroring weak trends in global equities. The 30-share BSE benchmark dived 866.65 points or 1.56 per cent to settle at 54,835.58. During the day, it tumbled 1,115.48 points or 2 per cent to 54,586.75. [...]

Sensex, Nifty crash as global markets lose nerve; end week in red

Mumbai, May 6 (PTI) Dalal Street wilted under intense selling pressure on Friday, mirroring a meltdown in world equities as investors braced for slowing global growth amid policy tightening by central banks. A sharp drop in the rupee amid a spurt in crude oil prices and unabated foreign fund outflows added to the woes. The [...]

Surety bonds offer new class of business for general insurance sector: Bajaj Allianz MD

New Delhi, May 6 (PTI) The government's decision to allow surety bonds as substitute for bank guarantees in government procurement have opened a new avenue for the general insurance sector and will also help create cross-selling opportunities for the industry, said Bajaj Allianz General Insurance CEO Tapan Singhel. Surety bonds contracts typically involve three parties [...]

Sundaram-Clayton elevates Lakshmi Venu as Managing Director

Chennai, May 6 (PTI) Auto component manufacturer Sundaram-Clayton Ltd has elevated Lakshmi Venu as its Managing Director with immediate effect, the company said on Friday. Prior taking up the new role, Venu was serving the city-based TVS Group firm as its joint managing director. Venu, daughter of TVS Group Chairman-Emeritus, Venu Srinivasan has been leading [...]
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