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Gold rush marks 'Akshaya Thrithiya' in TN

Chennai, Apr 30 (UNI) People thronged jewellary shops in Tamil Nadu especially in Chennai city, to buy gold on the occasion of "Akshaya Thrithiya" today.

Though the price of gold has hit an all time high, there was brisk sale of gold and silver in the city. According to jewellery traders in the city, the gold price has touched an all-time high of around Rs 930 a gram, Rs 500 more than last year's price.

City police had made elaborate arrangements for security in various parts of the city, especially in the places where a large number of jewellery shops were located. Six watch towers were also erected at vantage points in T.Nagar, known for jewellery shops,to monitor the movement of people.

UNI RV VV 1920

MAN, Force Motors in JV to manufacture heavy trucks

Mumbai, May 1 (UNI) MAN Nutzfahrzeuge AG and Indian major Force Motors Limited will invest 150 million Euros in a joint venture to manufacture heavy trucks at its Pithampur plant, initially for the Indian market and later for export to other Asian and African markets. Christened MAN Force Trucks Private Limited, Force Motors will hold 70 per cent stake in the JV with MAN Nutzfahrzeuge holding the remaining 30 per cent. Similarly, the scope of co-operation.....

Reliance Com net up by 42 per cent

Mumbai, May 1 (UNI) Reliance Communications Ventures Limited (RCVL), one of the four Reliance- Anil Dhirubhai Ambani Group (ADAG) companies controled by Anil Ambani, today announced an unaudited proforma consolidated financial results that put the net profit at Rs 440 crore for the quarter ended March 31, prior to extraordinaries, growth of 42% over the previous quarter. The consolidated financial results relate to RCVL and its operating companies, including.....

NCDEX records trade worth Rs 3,683 cr

Mumbai, May 1 (UNI) As many as 530 members of the National Commodity and Derivatives Exchanges (NCDEX) participated in trading worth Rs 3,683 crore (one way) upto 1700 hrs today. There were 85,250 trades put through by them. Active trades were in guarseeds, chana, silver, gold, wheat and refined soy oil, a NCDEX release said. Yesterday, about 564 members had participated in trading and put through more than 62,310 trades. The volume for the.....
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