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PM unveils Jan Dhan Yojana; opens 1 cr bank accounts

As the government completes 100 days, it has launched its most ambitious scheme. The Pradhan Mantri Jan Dhan Yojna has been set in motion on Thursday hoping to further financial inclusion. The scheme hopes to accomplish the objective of housing for all by providing basic banking accounts with a debit card with in-built accident insurance.  Speaking at the inaugural ceremony ...

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Gitanjali Gems Posts Over 70 Per Cent Fall in Q1 Profit

New Delhi: Gitanjali Gems on Thursday posted an over 70 per cent fall in consolidated net profit at Rs. 10.73 crore for the quarter ended June 2014 due to lower sales and higher financial costs. The company had reported a net profit of Rs. 36.11 crore for the corresponding quarter a year ago. “Due to regulatory restrictions on import of gold and unfavourable India ...

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Web Traffic Trends-The Sochi Olympics

The Sochi Olympics The Sochi Olympics are well underway in Russia. Despite a rough start with the media complaining about unfinished hotels, dirty water, not enough rooms, lots of stray dogs and cats, and a glitch in the opening ceremony, the focus is now back on the athletes. With millions of people tuning in all over the world, the big ...

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Wipro Q2 revenues may rise 13.2% to Rs 10,115 cr: Poll

Wipro Q2 revenues may rise 13.2% to Rs 10,115 cr: Poll Wipro  , the country’s third largest software services exporter, will announce its second quarter (July-September) results on Tuesday.  an average expect revenues to grow 13.2 percent sequentially to Rs 10,115 crore in the quarter gone by. Dollar revenues are expected to increase 2.8 percent to USD 1,634 million during ...

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Morning Cues: Will the mkt continue its rally from Friday ?

Morning Cues: Will the mkt continue its rally from Friday ?The US markets closed out the week in positive territory with the S&P 500 extending gains to a new high. The Wall Street cheered some better-than-expected corporate earnings. Google soared nearly 14 percent to top USD 1000 a share for the first time, after the search-engine giant posted better-than-expected earnings. All ...

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