Sensex up over 200 points

Mumbai, Dec 6 (UNI) Extending rally for the third straight session on Wednesday, the BSE Sensex went up 287.98 points at 69,584.12, a lifetime high in the opening session, as buying was witnessed in Oil and Gas, Power, IT and Energy stocks.

Ambuja Cements completes acquisition of Sanghi Industries, at Rs 5,185 cr

Hyderabad/Ahmedabad, Dec 5 (UNI) Ambuja Cements Limited (ACL),a part of the Adani Group, on Tuesday announced the successful completion of the acquisition of Sanghi Industries Limited (SIL), at an Enterprise value of Rs 5,185 crore .

Hyderabad, Dec 5 (UNI) Graphite India Limited, one of the largest producers of graphite electrodes globally, on Tuesday announced it has entered into a definitive transaction with a cash consideration of Rs. 50 Crores for an investment in Compulsory Convertible Preference Shares of GODI India Private Ltd, , which on a fully diluted basis will provide an equity shareholding of 31% in the company.

NLCIL starts bio mass co-firing at its power station in Tuticorin

New Delhi, Dec 5 (UNI) In a move that would reduce coal consumption, NLC India Ltd (NLCIL) on Tuesday started bio-mass co-firing at its coal-based thermal power station NLC Tamilnadu Power Ltd (NTPL) in Tuticorin.

FedEx invests USD 100 million to foster job growth & innovation in Hyderabad's Tech Hub

Hyderabad, Dec 5 (UNI) FedEx Express (FedEx), a subsidiary of FedEx Corp. and one of the world’s largest express transportation companies, on Tuesday announced it has inaugurated its first Advanced Capability Community (ACC) in Hyderabad.