Mumbai: Reliance Industries on Tuesday toppled state-run oil major ONGC to become the country's second most valued firm after TCS. Shares of ONGC on Tuesday fell by 1.47 per cent, bringing its market valuation down to Rs 2,63,466 crore, which was lower than RIL's m-cap of Rs 2,66,548 crore at close.
Reliance Industries dropped by 0.18 per cent on BSE. IT major TCS holds the top slot with a market value of Rs 2,83,483 crore on BSE. ITC with Rs 2,60,879 crore m-cap is the fourth most valued company followed by Coal India (Rs 1,91,449 crore).
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03:24 AM, Jun 19, 2013
Washington: A group of major American business organisations and advocacy groups on Tuesday launched a new alliance against what they allege as India's "discriminatory" economic policies, including intellectual property issues, which they claim hurt US jobs and economy. Co-chaired by the National Association of Manufacturers (NAM) and the US Chamber of Commerce's Global Intellectual Property Centre (GIPC), the Alliance for Fair Trade with India (AFTI) was launched in Washington ahead...
01:02 AM, Jun 19, 2013
West Bengal Chief Minister Mamata Banerjee is in the middle of a controversy yet again. She lost her cool yet again and went to the extent of saying that the Barasat gangrape and murder accused are CPM workers and those protesting are CPM cadre. ...
11:58 PM, Jun 18, 2013
London: India have strengthened their number one position on the ICC ODI Championship Table as they have added two more rating points to their kitty with an unbeaten run in the group stage of the Champions Trophy. India had entered the tournament on 119 ratings points and have moved to 121, thanks to victories over South Africa, West Indies and Pakistan. England are now ranked second after moving up two...
10:26 PM, Jun 18, 2013
New Delhi: At a time AIFF and its commercial partner IMG-Reliance are planning to float an IPL-style football league, India skipper Sunil Chhetri Tuesday said that the sport needs to increase its glamour quotient but not at the cost of ignoring the I-League. "I am happy with whatever I have been hearing and how it (IPL-style league) is going to happen. But I am not sure whether it is going...
08:16 PM, Jun 18, 2013
New Delhi: Former BCCI president and a member of the anti N Srinivasan group, IS Bindra, has lashed out at the Board's interim head Jagmohan Dalmiya for accepting what he termed an "illegitimate stop-gap" arrangement. Bindra, who now regularly writes blogs stated his views to a question posed to him about whether the BCCI has gone a decade back by appointing Dalmiya as the head of the interim group after...
07:19 PM, Jun 18, 2013
After the dramatic split of the JD(U) and the BJP what does the future hold for both the parties as well as the NDA? Senior journalist Arati Jerath joined IBNLive readers for an interaction on the issue. Q. Mam, in your opinion, with Mr Modi ascendancy, where will the major gains/losses lie UPA or regional parties of UP & Bihar? Asked by: Kamal A. Even without Mr Modi's ascendance, I...
07:02 PM, Jun 18, 2013
Mumbai: Resuming its downfall, the rupee on Tuesday sank by a whopping 90 paise to all-time closing low of 58.77 on massive dollar buying by banks and importers as forex markets became jittery ahead of Fed's decision on continuing monetary stimulus. Capital outflows also affected the market sentiment with FIIs offloading shares worth over Rs 750 crore in two days, amid talks of continuing sell-off in debt as well. Since...
06:55 PM, Jun 18, 2013
India takes on Sri Lanka, and England and South Africa will battle it out in the Champions Trophy semi-finals. What are the strengths and weaknesses of the teams and what is expected? James Alter, editor, Cricketnext.com, joined IBNLive readers for an interaction on the issue. Q. Hi Jamie! Let me, for a change, reverse the question for you.India, we all know, are firm favorites to go all the way, but...
06:48 PM, Jun 18, 2013
Pune: Holding that a "peaceful and stable" Pakistan was in India's interest, Defence Minister AK Antony on Tuesday said that the neighbouring country must initiate strong action against terrorist groups operating from its soil, in order to improve Indo-Pak ties. "We are concerned about terrorist groups in Pakistan. They should take strong action against them which will help improve our relations," he told reporters here when asked whether change of...
05:50 PM, Jun 18, 2013
New Delhi: Former India cyclist and current national coach Ruma Chatterjee died in a road accident in the wee hours Tuesday after being hit by a speeding vehicle on the Noida-Greater Noida Expressway. Fifty-year-old Chatterjee was cycling along with Indian junior road cycling team when she was hit by a car near Sector 45 in Noida at around 6 am. She died on the spot. Chatterjee hailed from Kolkata and...
04:12 PM, Jun 18, 2013
In a recent development Formula One's controversial Bahrain Grand Prix is scheduled to kick off 2014 season comprising of 21 races and in that case Australia loses the status of holding the opening race. As reported, Bahrain will be holding the season opener race in early March, which is couple of weeks earlier than Australia. According to the Herald Sun newspaper the Bahrain race will be held on March 2...
03:55 PM, Jun 18, 2013
New Delhi: Indian football team's hopes of rising in FIFA rankings have been dashed with cancellation of two international friendlies against Philippines and Malaysia owing to rescheduling of the SAFF Cup. India were scheduled to play Philippines on September 6 and Malaysia on September 10, both away matches falling on listed FIFA dates. Wins in those games would have helped the currently 147th-ranked side garner points and improve its ranking....
03:42 PM, Jun 18, 2013
New Delhi: The Indian Air Force has received its first American strategic airlifted on Tuesday as the C-17 Globemaster aircraft landed at the Hindon airbase near the national capital. Two more C-17 aircraft will be brought in within weeks. The aircraft are part of a fleet of 10 aircraft that are on order from Boeing. The C-17 will boost the IAF's long haul capability and will gradually replace the Russian...
03:20 PM, Jun 18, 2013
Rotterdam: An error-prone India need nothing short of a miracle to secure a direct berth in next year's hockey World Cup as they take on formidable Australia in the quarterfinals of the men's competition of the FIH World Round 3, here on Wednesday. Six top teams - three each - will qualify directly for the 2014 World Cup to be held in Hague, The Netherlands from the two editions of...
02:51 PM, Jun 18, 2013
Formula One racer Adrian Sutil has said that he has no plans to switch teams at the moment and is confident of enjoying success at Force India. The 2013 season has been magnificent for Force India so far and they look confident of a few podium finishes in the remaining races. "I think we have a good chance to keep moving forwards, and I'll try the same thing for myself...
10:49 AM, Jun 18, 2013
CNN-IBN's cricket expert Aakash Chopra has hailed the Indian Team's performance in the ongoing edition of the Champions Trophy and said that Team India have by far been the best side in the tournament. Chopra also heaped praises on Shikhar Dhawan and Ravindra Jadeja applauding their efforts with bat and ball respectively. Coming from the same stare as Dhawan, Chopra said Dhawan has finally made all the years of domestic ...
10:10 AM, Jun 18, 2013
Raipur: There's something that could prove embarrassing for Congress President Sonia Gandhi. Newly appointed Chhattisgarh Congress chief Charan Das Mahant has claimed that he is ready to sweep the floor his party office if ordered to do so by Sonia Gandhi. "I always do whatever is ordered by my party chief Sonia Gandhi and Rahul Gandhi. If Sonia Gandhi orders me to sweep Congress office in Chhattisgarh, I will do...
08:50 AM, Jun 18, 2013
Mamata Banerjee met the Barasat victim's family only for 5 minutes after protesters shouted slogans against her. ...
11:39 PM, Jun 17, 2013
