iPhone 5S available for Rs one lakh in grey market

NEW DELHI: Apple has not launched the iPhone 5S or 5C in India. But you can still buy one. The catch: You have to shell out big bucks for these devices. To be precise, the asking rate for the basic model of the iPhone 5S is between Rs 65,000 and Rs 1,00,000, depending on who you ask, and in which city.

UB Group stocks lose up to 76% value in 2013

MUMBAI: UB Group chairman Vijay Mallya may be confident of 'good times' ahead for his various businesses, but the market values of at least five group companies have fallen by up to 76 per cent so far in 2013. 

Indian renewable energy market good place to invest: Industry

GREATER NOIDA: The Indian renewable energy market was an attractive investment destination, felt speakers at the three-day Renewable Energy India Expo, 2013, which concluded here today. 

Sensex closes 727 points up, its biggest one-day gain in 4 years

MUMBAI: The sensex on Tuesday zoomed by 727 points, its biggest single-day gain in over 4 years, to end just a shade below 20,000-mark on heavy FII buying in bluechips on the back of positive factors like strong rupee, solid trade data and receding concerns about US military attack on Syria.

Upbeat Chinese economic data and lower oil prices also boosted global markets, helping Indian stocks extend gains.

The sensex, which had gained 1,030 points in past three sessions, zoomed by 727.04 points, or 3.77 per cent to 19,997.10, after touching 20,000 level. The 30-share index recorded its biggest single-day gain since May 2009 led by auto, capital goods and telecom sector shares.