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UAE ranks third in concentrated solar power 
technology investment

UAE now ranks only behind Spain and the United States in total CSP generation; India and China round out the world’s top five.Masdar’s Shams I concentrated solar power (CSP) plant in Abu Dhabi catapulted the UAE to its new ranking as third amongst the world’s nations in both 2013 CSP technology investment and total CSP capacity.The UAE now ranks only behind Spain and the United States in total CSP...
Source : Khaleej Times |
Category : Business

Solar power can meet most energy needs in some regions: Study

Concentrating Solar Power (CSP) could supply a substantial amount of current energy demand, claims...
Source : Webindia123 |
Category : Headlines

Concentrating solar power has potential for large-scale energy production

concentrating solar power (CSP) could supply a large fraction of the power supply in a decarbonized energy system....
Source : Webindia123 |
Category : Headlines

SBI Mutual Fund announces dividend under Its schemes

SBI Mutual Fund has announced dividend under SBI Dynamic Bond Fund and SBI Magnum Income Fund, for which the record date is January...
Source : Moneycontrol |
Category : Mutual Fund

Sensex, Nifty Surge to Record Highs; SBI Gains 10%

and Nifty ended at record highs on gains in banking and power sector stocks. The Sensex ended 318 points higher at 24,693 while Nifty rose 90 points to 7,367.SBI shares surged nearly 10 per cent to Rs 2,755 after the public sector lender reported a higher-than-expected net profit in the fourth quarter. SBI's results helped fuel in other banking stocks with the Bank Nifty rising over 1.5 per cent.Power...
Source : Ndtv |
Category : Others

V-Day… Nifty flirts with 6050 mark

80CFinally, BSE Sensex closed at 20,367 up 173 points, while NSE Nifty closed at 6,048 up 47 points over the previous close.It was a lovely recovery of sorts for the market as the Nifty managed a late rally after slipping post SBI announced disappointing quarterly numbers. SBI posted a 34% decline in net profit at Rs 2,234.34 crore for the third quarter ended December 31, 2013 on account of higher...
Source : Indiainfoline |
Category : Business

Bank duo up rates, loans to be costlier

EMIs on home, auto and consumer loans will increase after two of the country’s largest banks — the State Bank of India (SBI) and HDFC Bank — raised their minimum lending rates by 20 basis points each.Both the SBI and HDFC Bank raised their base rates to 10 per cent. The base rate is the benchmark for auto and other loans.The SBI is the country’s largest commercial bank, while HDFC Bank is the seco...
Source : Telegraphindia |
Category : Business | City : Mon

SBI Mutual Fund announces change in exit load

SBI Mutual Fund has announced change in exit load under SBI Treasury Advantage Fund, with effect from December 13, 2013...
Source : Moneycontrol |
Category : Mutual Fund

Sensex rises 257 points to end at 20,791.93

Sensex rose 257 points to end at 20, 791. 93 on Friday. The market was strong in afternoon trade as the Sensex rose 248.80 points or 1.21 per cent at 20,783.71, and the Nifty climbed 80.90 points or 1.33 percent to 6,172.75.Most active shares are HDFC, SBI , YES Bank, Ashapura Mine, Vakrangee, Jaiprakash Associates, ICICI Bank and Bharti Airtel.The benchmark BSE Sensex on Friday soared over 245 points...
Source : IBNLive |
Category : Business | City : Mumbai

Sensex extends gains for 2nd straight day, up on selective buying

Wednesday rose over 54 points in early trade, extending gains for the second straight day, as participants made selective buying in shares of RIL, ONGC, SBI and Infosys.The 30-share index gained 54.14 points, or 0.21 per cent, to 25,575.33. The gauge had gained 330.71 points in the last session on late heavy fund-based buying.The wide-based National Stock Exchange index Nifty moved up by 14.60 points,...
Source : Business Today |
Category : Business | City : Mumbai
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