The Dow Jones industrial average ended 1.38 percent higher at 17,482.61 points and the SP 500 gained 1.49 percent to 2,053.17. The Nasdaq Composite jumped 1.15 percent to 4,984.62.
Posts tagged MC
Wall Street surges over 1%, looks past Paris attacks (17-11-2015)
Marriott to buy Starwood to make biggest hotel chain (16-11-2015)
The combined company will own or franchise more than 5,500 hotels with 1.1 million rooms worldwide and give Marriott greater presence in markets such as Europe, Latin America and Asia including India and China.
Govt body proposes JV to meet long-term iron ore supply (16-11-2015)
This will help fast-track development of the steel and mining sector in India through speedy land acquisition, resettlement and rehabilitation (RR), statutory clearances and securing ore and water linkages
Sugar output may fall by 4.6% to 26.8 mn tonnes this year (16-11-2015)
ICRA expects a decline in the domestic sugar production to 26.8 million tonnes during 2015-16 as compared to 28.1 million tonnes in October-September.
Why is India Inc stressed by Swachh Bharat cess (16-11-2015)
The industry has found out that there is no Cenvat credit or input credit available on Swachh Bharat Cess. This will have a cascading effect — which means the effective tax rate will be marginally more than the 14.5 percent on paper, which will hit the bottomline of companies
FSSAI moves SC against lifting ban on Maggi noodles (16-11-2015)
Food Safety and Standards Authority of India (FSSAI) approached the apex court, terming the High Court’s August 13 order as “erroneous” and questioned the sanctity of the samples provided for re-test to government-approved labs.
How ISIS attacks could affect Saudi oil production (16-11-2015)
Saudi Arabia has led OPEC in a policy of keeping oil production steady despite a global glut that has sent crude prices spiraling more than 60 percent since last year.
Telcos approach DoT against call drop compensation (16-11-2015)
Can the telecom department come to the rescue of the sector, considering telecom minister Ravishankar Parasad has already made it clear that he is not going to go back on the penalty issue
ICICI Bk approves 6% stake sale in ICICI Pru Life Insurance (16-11-2015)
The transaction is valued at Rs 32,500 crore.
‘India’s food industry to be worth $65.4 bn by 2018’ (16-11-2015)
India’s retail market is expected to grow to USD 865 billion by 2023, which is presently valued at USD 490 billion.