Industrial Output Snaps Recovery With 2.6% Contraction In Eight Core Sectors

The cumulative index of eight core sectors during April-November 2020 ...

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Udhampur-Srinagar-Baramulla Rail Line To Provide All-Weather Connectivity To Kashmir

Construction of the first three phases of the project has been completed and the line is in operational use for running of trains between Baramulla-Banihal in Kashmir valley and Jammu-Udhampur-Katra...

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Investor Wealth Grows By Rs 32 Lakh Crore In Pandemic-Hit 2020

Markets witnessed volatile trends during the year, with the benchmark crashing to its one-year low of 25,638.9 on March 24

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Investor Wealth Grows By Rs 32 Lakh Crore On COVID-19-Hit 2020

Markets witnessed volatile trends during the year, with the benchmark crashing to its one-year low of 25,638.9 on March 24

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Artificial Intelligence, Easy Payments: IRCTC Website, App Revamped

IRCTC e-ticketing website, IRCTC Rail Connect App Revamped:The booking of meals, retiring rooms, and hotels have been integrated and can be directly done along with the tickets, providing a one-stop...

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Retirement Fund Body Begins Crediting 8.5% Interest, How To Check Balance

Retirement fund body Employee Provident Fund Organisation (EPFO) on Thursday, December 31started crediting 8.5 per cent rate of interest on employees' provident fund (EPF) for fiscal year 2019-2020...

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India's April-November Fiscal Deficit Tops 135.1% Of Full-Year Target

In absolute terms, the fiscal deficit stood at Rs 10,75,507 crore at the end of November 2020, according to the latest data released by the Controller General of Accounts

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8.5% Provident Fund Interest To Be Credited In Accounts From Tomorrow

The labour ministry has already sent the direction to credit the 8.5 per cent interest on EPF for 2019-20 to the EPFO and the body has already started crediting interest into members account for the...

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Rupee Closes Higher At 73.07 Against Dollar

In the last six trading sessions, the rupee has gained 77 paise.

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Sensex, Nifty Gain 15% In 2020, Post Best Annual Returns Since 2017

In calendar year 2020, the Sensex rallied 15.75 per cent and Nifty climbed 14.90 per cent, making it the best year for equities since 2017.

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Rupee Surges 24 Paise Higher To Settle At 73.07 Against Dollar

Rupee Vs Dollar Today: The local unit surged by 24 paise to 73.07 against the dollar on Thursday, tracking market gains and weakness of the American currency in the overseas market

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Nifty Finishes 2020 Up 15%, Best Annual Return In 3 Years

The NSE Nifty 50 benchmark added 1,813.30 points, marking a return of 14.90 per cent.

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All Calls From Jio To Other Networks To Be Free From January

Voice calls from Reliance Jio's network to any network across India will be free starting January 1, billionaire Mukesh Ambani-led Reliance Jio said

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Tejas Networks Up 5% On Securing $13 Million International Order

Tejas Networks designs, develops and sells high-performance and cost-competitive networking products to telecommunications service providers

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Share Markets Set For Best Year Since 2017, Nifty up 15%

News on vaccine development and measures from global central banks to cushion the economic fallout from the crisis have helped the indexes log annual gains.

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Adani Green Energy Gains Nearly 4% On Commissioning Solar Plant

This (Khirsara project) takes Adani Green Energy's total operational renewable capacity to 2,950 MWac; a step closer to its vision of 25 GW capacity by 2025, the company said in a regulatory filing to...

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Sensex, Nifty Open On A Flat Note

Share Market Latest Updates: Asian share markets edged higher on Thursday and were set to end a tumultuous 2020 at record highs

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Current Account Surplus Shrinks To $15.5 Billion In July-September Period

The surplus stood at 2.4 per cent of the gross domestic product in the latest quarter, compared with a deficit of $7.6 billion, or 1.1 per cent of GDP, in the same period a year ago,

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Stocks To Watch: Vedanta, RITES, Adani Green Energy

Vedanta emerged as the highest bidder for the Radhikapur West coal block, located in Angul district, Odisha at a distance of about 190 km from the company's Jharsuguda aluminium smelter

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Petrol, Diesel Prices Unchanged On Thursday

In the national capital, the price of petrol remained steady at Rs 83.71 per litre and diesel was constantat Rs 73.87 per litre, according to Indian Oil Corporation

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Sensex, Nifty Likely To Have A Subdued Opening

Asian shares are set to end a tumultuous 2020 by hovering near record highs on Thursday on hopes that COVID-19 vaccine rollouts will help the world beat the pandemic

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Bitcoin Outperforms In 2020 With All-Time High Record, Breaches $28,600 Mark

Bitcoinjumped to a record $28,599.99, after the digital currency almost quadrupled in value this year

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Eastern Dedicated Freight Corridor: Indigenous Locos Run On Bhaupur-Khurja

Eastern Dedicated Freight Corridor: With the operational Bhaupur-Khurja section, the existing Kanpur-Delhi mainline is likely to be decongested and will allow faster train operations

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Deadline For Filing 2018-19 Annual GST Returns Extended Till February 2021

GST Return Filing Deadline: The government has extended the due date for furnishing annual GST or goods and services tax returns for the financial year 2018-19 by two more months

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Regeneron Claims Its Covid-19 Antibody Therapy Demonstrated Promise in Hospitalised Patients

Casirivimab and imdevimab are not authorised for use in patients who are hospitalised or require oxygen therapy due to Covid-19, or for people currently using chronic oxygen therapy because of an...

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Government Extends Income Tax Return Filing Date To January 10

The government on Wednesday extended the date for filing income tax return to January 10 from December 31, 2020 for individual tax payers

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Who Is Liable To File Income Tax Return? Check It Out Here

According to the Income Tax department, individuals having an annual income of Rs 2.5 lakh or more are mandatorily required to file income tax returns

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Sensex, Nifty Record-Breaking Streak Continues For Sixth Session In A Row

Seven of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Auto index's 1.3 per cent gain

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Rupee Gains For Fifth Session, Settles Higher At 73.31 Against Dollar

Rupee Vs Dollar Rate Today: At the interbank foreign exchange market, the local unit opened at 73.35 against the dollar and registered an intra-day high of 73.26

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Sensex, Nifty Edge Higher Led By Gains In Auto Shares

Six of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Auto index's 0.7 per cent gain

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Indian Railways Completes 180 Kmph Speed Trail Run Of Vistadome Tourist Coach

Vistadome tourist coaches are european-style coaches, with technologically-advanced features for improving passenger's comfort and offer a panoramic view during the train journey

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Reliance Industries Completes IMG Reliance Acquisition; Stock Edges Down

Post the acquisition, IMG-R has become a wholly-owned subsidiary of Reliance Industries, Reliance Industries said in a regulatory filing to the stock exchanges

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Sensex, Nifty Off Record Highs As Financial Stocks Weigh On Markets

Domestic share markets halted a five-day rally on Wednesday amid selling pressure in banking and financial services shares, as investors weighed the prospect of global recovery from the slowdown...

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Stocks To Watch: Reliance Industries, JSPL, L&T

The Mukesh Ambani-led Reliance Industries has completed the acquisition of equity shares of IMGR and accordingly, IMG-R has become a wholly-owned subsidiary of Reliance Industries

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Petrol, Diesel Prices Unchanged On Wednesday

In the national capital, the price of petrol remained steady at Rs 83.71 per litre and diesel was constant at Rs 73.87 per litre, according to Indian Oil Corporation

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Sensex, Nifty Likely To Open Higher

US stocks edged lower on Tuesday in choppy trading after hitting record highs, as investors worried about the path of the economic reopening

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Banks Need To Fortify To Meet Challenges Following Covid Unwinding: RBI

The accretion to non-performing assets according to the RBI's Income Recognition and Asset Classification (IRAC) norms would have been higher in the absence of the asset quality standstill provided as...

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Here's How To Use National Common Mobility Card On Delhi Metro Airport Express Line

National Common Mobility Card

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Here's How You Can Buy ICICI Bank FASTag On Google Pay In These Five Steps

Google Pay-ICICI Bank FASTag: ICICI Bank today announced its collaboration with Google Pay for issuance of FASTag through UPI on the payments app.

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Gold Bond Price At Rs 5,000 Per Unit. Here's How The Price Is Calculated

Launched in 2015, the Sovereign Gold Bond scheme is aimed at enabling investment in non-physical gold

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Government-Run Gold Bonds Available Till Friday. 10 Things To Know

For the ninth tranche of gold bonds this financial year, an issue price of Rs 5,000 per unit is applicable

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Government Heading Towards Second Process of Air India Disinvestment

The two processes of the strategic disinvestment of Air India include -- submission of ''Expression of Interest'', which was completed on December 14, and the second process ''Request for Proposal''

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AirAsia To Sell 32.67% Stake In Indian Operations To Tata Sons

The announcement comes two months after AirAsia shut its operations in Japan, citing highly challenging conditions amid the pandemic

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Here's All You Need To Know About India's First Driverless Train For Delhi Metro

Delhi Metro Magenta Line: India has now entered into the league of seven percent of the world's metro networks that can operate without drivers, with the commencement of the fully automated driverless...

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Rupee Settles Higher At 73.42 Against Dollar Amid Market Gains

Rupee Vs Dollar Today: At the interbank foreign exchange market, the local unit opened at 73.42 against the dollar and registered an intra-day high of 73.34

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Sensex, Nifty Gain For Fifth Session In A Row, Close At Record Highs

Six of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Private Bank index's 1.55 per cent gain.

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Ahluwalia Contracts Gains On Bagging Construction Order Worth Rs 309 Crore

The company's total order inflow for current financial year stands at Rs 2,086.44 crore, Ahluwalia Contracts said.

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Bullet Train Project: Maharashtra Government To Provide Land Soon

Mumbai Ahmedabad Bullet Train: Indian Railways is mulling options to operate the bullet train till Vapi (Gujarat) in the first phase if there is a delay in land acquisition in Maharashtra

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Irdai Recommends Standard Rules For Travel Insurance

The insurance regulator's draft details coverage and exclusions under domestic and overseas travel insurance

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Suryoday Small Finance Bank Receives SEBI Nod To Launch IPO

The IPO will comprise of a fresh issue of 1,15,95,000 shares and an offer for sale of up to 84,66,796 shares by the existing shareholders, according to draft papers filed with SEBI

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Sensex, Nifty Off Record Highs; Banking Shares Outperform, Metals Fall

Six of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Metal index's 1.4 per cent fall

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Alibaba's $10-Billion Buyback Plan Fails To Halt Stock Slide

Alibaba 's upsized $10 billion buyback programme failed to ease concerns about a regulatory crackdown on co-founder Jack Ma's e-commerce and financial empire

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Sensex, Nifty Edge Higher In Early Trade

Share Market Latest Updates: Equities elsewhere in Asia jumped on Tuesday, with Japanese stocks hitting a 30-year high

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Stocks To Watch In Trade Today: Wipro, Biocon, TVS Motor Company

Biocon shares may witness some action after the pharma company expanded its generic formulations portfolio, with the launch of tacrolimus capsules in the United States.

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Petrol, Diesel Prices Unchanged On Tuesday

In the national capital, the price of petrol remained unchanged at Rs 83.71 per litre, and diesel remained constant at Rs 73.87 per litre, according to Indian Oil Corporation

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Sensex, Nifty Set To Open Firm

Japanese stocks hit 29-year highs on Tuesday on hopes that a long-awaited U.S. pandemic relief package would be expanded, and a Brexit trade deal supported investor risk appetites

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Ratan Tata, Chairman Emeritus Of Tata Sons, Turns 83

Mr Tata is the chairman of the Tata Trusts that are among India's oldest, non-sectarian philanthropic organisations that work in several areas of community development

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HDFC Bank Offers Up To 5.5% Interest On Fixed Deposits. Check FD Rates Here

HDFC Bank revised its interest rates on fixed deposits with effect from November 13, 2020

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India Dry Runs Vaccine Delivery Systems Ahead Of Emergency Approval

India aims to deliver 600 million coronavirus shots over the next six to eight months starting in January

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India Gold Discounts Widen, Singapore Demand Up On Festival Buying

Indian consumers avoided gold purchases due to Khar Mass, a period considered to be inauspicious that runs from Dec. 15 to Jan. 14.

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Sensex, Nifty Rally For Fourth Day In A Row, Close At Record Highs

Global shares rose on Monday after US President Donald Trump signed a $2.3 trillion spending package

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Dixon Technologies Surges As Arm To Start Making Smartphones For Motorola

Dixon Technologies subsidiary Padget Electronics has signed an agreement with Motorola Mobility LLC for making smartphones

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BMW Aims For 20% Of Its Vehicles To Be Electric By 2023: Paper

The automaker wants roughly every fifth car it sells to be powered by an electric engine by 2023

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Income Tax Return Filing Date Nears: Here Is How To Do It Online

Normally, the due date for filing ITRs for all assessees whose accounts are not required to be audited is July 31.

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Subscription Opens Today For Sovereign Gold Bonds

For those looking to invest in gold, SGBs are a safe method to park money

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China Pushes For Ant Group Overhaul In Latest Crackdown On Jack Ma

China's central bank disclosed it had asked the country's payments giant Ant Group to shake up its lending and other consumer finance operations, the latest blow to its billionaire founder Jack Ma

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Sensex Hits New All-Time High Above 47,000 Amid Gains Across Sectors

Share Market Latest Updates: Gains across most sectors, led by financial shares, supported the upmove in the markets

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Stocks To Watch In Trade Today: Coal India, Reliance Industries, Cadila

Reliance Industries shares may be on investors' radar after the conglomerate agreed to buy out IMG Worldwide LLC from their sports management joint venture for Rs 52.08 crore

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Petrol, Diesel Prices Unchanged On Monday

In the national capital, the price of petrol remained unchanged at Rs 83.71 per litre and diesel remained constantat Rs 73.87 per litre, according to Indian Oil Corporation

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Sensex, Nifty Likely To Open Higher

Japans Nikkei inched up 0.4 per cent. MSCIs broadest index of Asia-Pacific shares outside Japan rose 0.2 per cent, though trade is slow with many markets still closed for holiday

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Virus, Vaccines And Volatility: Stock Market Takes A Wild Ride In 2020

Dalal Street witnessed gut-churning fluctuations, with the BSE Sensex swinging between historic losses and eye-popping gains, sometimes in the same session, and confounded veterans and rookies alike

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Specialty Chemical Company Anupam Rasayan Files IPO Papers

The company will reserve a portion of the IPO for its employees and may also consider a discount for eligible staff, the company said in the draft red herring prospectus

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Antony Waste IPO: How To Check Share Allotment Status

The IPO was oversubscribed by 15.04 times; the retail investors' portion was subscribed 16.54 times, non-institutional investors, 18.68 times, and the portion set aside for qualified institutional...

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Petrol, Diesel Prices Remain Constant On Sunday

In the national capital, the price of petrol remained unchanged at Rs 83.71 per litre, and diesel also remained constantat Rs 73.87 per litre, according to Indian Oil Corporation

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Paying 1% GST Liability Will Affect Less Than Half Assessees: Finance Ministry

The cash payment of one per cent would be calculated on the tax liability in a month and not turnover of the month, according to sources in the Revenue Department

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Avail Reward Points, Discounts On Train Tickets By IRCTC SBI RuPay Card

Users can redeem up to 10 per cent back as reward points on Indian Railways ticket bookings made through the IRCTC web portal (1 reward point = Rupee 1)

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Here's All You Need To Know About Form 16

Form 16 also reflectsany additional income of the employee and thedeductions availed by the employee to decrease the tax liability.

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Faster Speed, Lower Cost: How Dedicated Freight Corridor Will Benefit Indian Railways

Speed of freight trains has nearly doubled from a level of 24 Kmph one year ago to 46 Kmph which means half the time taken for sending products.

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COVID-19 Impact On Aviation: Major Airlines Faced Losses, Employees Laid Off

COVID-19 Impact On Indian Aviation Sector In 2020: It was projected that the Indian aviation industry will lose a combined $6-6.5 billion in FY21, of which airlines will account for $4-4.5 billion

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L&T Bags Large Contracts For Supplying Piped Water In Rural Districts

Jal Jeevan Mission: According to L&T, the scope of work under this contract will cater to the drinking water requirement of as many as 3103 villages covering a total population of 48 lakhs

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Government Allows Additional Borrowing Of Rs 19,459 Crore For Six States

The ease of doing business is an important indicator of the investment friendly business climate in the country. Improvements in the ease of doing business will enable faster future growth of the...

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Franklin Templeton: No Steps Taken By SEBI To Appoint Observer, Says CFMA

The top court had on December 9 asked the Securities and Exchange Board of India (SEBI) to appoint an observer for overseeing the e-voting process, scheduled between December 26 to December 29

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Petrol, Diesel Prices Remain Unchanged On Saturday

Petrol, Diesel Prices Today: In Delhi, the price of petrol remained unchanged at Rs 83.71 per litre, and diesel also remained the same at Rs 73.87 per litre

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Indian Railways To Improve IRCTC E-Ticketing Website With New Features

Railway Minister Piyush Goyal said that the IRCTC e-ticketing website will be upgraded with new features to make the online train ticket booking experience easier for passengers

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Delhi Metro: All You Need To Know About National Common Mobility Card

Delhi Metro Rail Corporation will launch the fully operational National Common Mobility Card for metro travel on the 23 km long Airport Express Line from New Delhi to Dwarka Sector-21 on December 28,...

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Rangebound Trade Volatility Likely In Markets As 2020 End Nears: Analysts

IT and pharmaceutical shares continued to rise, with the sectoral gauges on the NSE up 3.23% and 1.15% respectively in the holiday-truncated week.

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Year 2020: Key Developments of India's First Bullet Train Project

Mumbai Ahmedabad Bullet Train Project: Here's all you need to know about the key developments that shaped the Mumbai-Ahmedabad bullet train project this year

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Bank Holidays 2020: Stock Markets, Banks Shut On Account Of Christmas

Bank Holidays 2020: Stock market, banks, bond market and other financial institutions were closed on Friday on account on Christmas

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Sales Of Homes Over Rs 10 Crore Rise In Mumbai: Knight Frank

Central Mumbai and Western suburbs of the city accounted for the majority of the sales. Western suburbs led the table with 44 home units costing more than Rs 10 crore

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Turkey Says China's Sinovac Covid-19 Vaccine 91.25% Effective In Late Trials

Turkish researchers said no major side-effects were seen during their trial, apart from one person who had an allergic reaction

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Petrol, Diesel Prices Remain Unchanged On Friday

Petrol, Diesel Prices Today: In Delhi, the price of petrol remained unchanged at Rs 83.71 per litre, and diesel also remained the same at Rs 73.87 per litre

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Government Makes Future Coal Shipment Disclosures Mandatory

India's coal consumption was likely to rise in coming years, but it could vary widely, with 2030 demand seen anywhere between 1.15 billion tonnes and 1.75 billion tonnes.

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Domestic Gold Discounts Widen As Consumers Avoid Big Purchases

Dealers were offering a discount of $2 an ounce this week over official domestic prices, inclusive of 12.5 per cent import and 3 per cent sales levies, up from last week's $1

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Domestic Financial Markets Shut For Christmas Holiday

Christmas Market Holiday: Stock, debt, forex and currency markets will resume trading on Monday

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Alstom FDI: All You Need To Know About Indian Railways Indigenous Locos

Locomotives manufactured at Madhepura are of 12,000-horsepower with a twin Bo-Bo design, engineered to run at a speed that is twice as faster than regular locomotives and are built to carry 6000...

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Centre Announces Mandatory FASTag From January 2021: How To Buy FASTag

FASTag can be purchased from all national highway fee plazas, regional transport offices (RTOs), transport hubs, common service centres, as well as petrol pumps, according to the Ministry of Road...

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Maharashtra Waives Licence Fee To Provide Relief To Hospitality Sector

The government hopes this move will go a long way in restoring normalcy for the sector that has been hit badly due to the lockdown caused by the Covid19 pandemic

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Delhi-Panipat Rapid Rail Gets Haryana Cabinet's Nod: All You Need To Know

Delhi-Panipat Regional Rapid Transit System (RRTS): The 103 km long Delhi-Sonipat-Panipat corridor will have 17 stations, out of which six stations will be in Delhi, and 11 stations will be in Haryana

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Pfizer, US Seal 100 Million Covid-19 Vaccine Deal, 70 Million More Due

Pfizer said last week it could need the US government to help it secure some components needed to make the vaccine

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Gold Price Today: Yellow Metal Up By Rs 385 In Delhi, Silver Rates Increase

Gold Prices Today: Domestic spot gold closed at Rs 49,995per 10 grams on Thursday, and silver at Rs 66,431per kilogram

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Automakers Fear Production Losses Due To Global Shortage Of Containers

A global surge in demand for certain goods during the pandemic has upended normal trade flows, stranding empty cargo containers and leading to bottlenecks

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Jack Ma's Alibaba Group Under Probe By China For Monopolistic Practices

The investigation is broadly viewed as a pushback by Chinas Communist Party against Internet giant Alibaba that has expanded its power and size at a fast clip

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Rupee Surges 21 Paise Against Dollar, Settles At 73.55 Amid Market Gains

Rupee Vs Dollar Today: At the interbank foreign exchange market, the local unit opened at 73.66 against the dollar and registered an intra-day high of 73.54

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Sensex, Nifty Gain For Third Session In A Row Led By Banking Shares

Eight of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Bank index's nearly 2 per cent gain.

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Tata Motors Rises On Maintaining Guidance For Jaguar Land Rover

Tata Motors shares have rebounded strongly from lows hit in March when the lockdown was announced to curb the spread of Covid-19

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US Regulator Tweaks Ban To Allow M&M To Sell New Roxors In Jeep Case

Trade dress consists of the unique characteristics that make a product stand apart and is generally accepted as identified with that product by the public

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Aurobindo Pharma To Make,Sell COVAXX's Covid-19 Vaccine for India, UNICEF

The Indian drugmaker has non-exclusive rights to sell the shot, which is currently undergoing an early-stage trial, in several emerging markets

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Sensex, Nifty Hold Gains; Mrs Bectors' Shares Double In Market Debut

Eight of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Bank index's 1.6 per cent gain.

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Biscuit Maker Mrs Bectors' Shares Double In India Market Debut

Mrs Bectors' Share Price: Shares of the company opened at Rs 500 per share on the National Stock Exchange, well above the initial public offering price of Rs 288.

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Mrs Bectors Food Specialties Doubles On Debut, After Listing At 74% Premium

Mrs Bectors Food Specialties' Rs 540.54 crore maiden initial public offering (IPO) had witnessed the highest subscription among IPOs in calendar year 2020

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Antony Waste Handling Cell IPO Subscribed 15 Times

The retail investors portion was subscribed 16.54 times, non-institutional investors, 18.68 times, and the portion set aside for qualified institutional buyers was subscribed 9.67 times.

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India Challenges Vodafone Arbitration Ruling In Singapore

The international arbitration tribunal at Hague had ruled that the Indian government's imposition of a tax liability on Vodafone was in breach of the investment treaty agreement between India and the...

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Sensex Rises 350 Points, Nifty Above 13,700 Led By Financial, Auto Stocks

Share Market Latest Updates: Gains across sectors supported the upmove in the markets.

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Mrs Bectors Food Specialties IPO To Debut On The Bourses Today

The bakery products maker's initial public issue consisted of a fresh issue of Rs 40.54 crore and an offer for sale of Rs 500 crore by existing shareholders.

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Stocks To Watch: Mrs Bectors Food, Tata Communications, CG Power

Tata Communications acquired majority equity stake of 58.1 per cent in Oasis Smart SIM Europe SAS (Oasis), a France-headquartered embedded-SIM (eSIM) technology provider

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No Change In Petrol, Diesel Prices On Thursday

In the national capital, the price of petrol remained unchanged at Rs 83.71 per litre, and diesel was constant at Rs 73.87 per litre, according to Indian Oil Corporation

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Sensex, Nifty Likely To Have A Mildly Positive Opening

Asian shares were set to rise on Thursday ahead of the Christmas break, as global investors cheered a potential Brexit deal and economic recovery prospects

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RBI Warns Against Unauthorised Digital Lending Platforms, Mobile Apps

RBI on Wednesday cautioned individuals and small businesses against falling prey to growing number of unauthorised digital lending platforms

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Government To Study Arbitration Case Award In Cairn Energy Plc

The government's statement followed that from Cairn Energy Plc which said that it had won the arbitration against the Indian government over a tax dispute arising from demand of $1.2 billion from tax...

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Snapping Losing Streak, Rupee Surges Eight Paise To 73.76 Against Dollar

Rupee Vs Dollar Today: At the interbank foreign exchange market, the domestic unit opened at 73.89 against the dollar and registered an intra-day high of 73.73

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In Five Years, India Becomes Sixth Country To Produce Indigenous Locos

Alstom bagged a contract worth "3.5 billion from Indian Railways to supply 800 double-section electric locomotives of 12,000 HP capable of hauling almost 6000 tonnes at a speed of 120 kmph

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Sensex, Nifty Gain For Second Straight Session Led By IT Stocks

All the 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Realty index's nearly 4 per cent gain.

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Companies Hopeful Of Economic Recovery In 2021 But Guarded About Pandemic

For the travel and tourism industry, the current year began on an ominous note and the lockdown brought all kinds of mobility to a standstill

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India Asked To Pay $1.2 Billion To Cairn After Arbitration Loss

An international arbitration tribunal ruled that the tax claim was not a valid demand and asked the government to repay the funds withheld along with interest to Cairn.

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Infosys Hits Record High, Surges Over 100% From Lows Hit In March

Infosys shares have surged as much as 136 per cent since lockdown was announced in March. So far this year, Infosys shares have advanced 71 per cent.

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Sensex, Nifty Extend Gains Led By Information Technology Shares

Wipro was top Nifty gainer, the stock rose 5 per cent to Rs 382 after the company bagged a strategic digital and IT partnership deal from METRO AG

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Existing Vaccines Also Effective Against Mutant Variant: Vaccine Makers

In the event that the variant presents vaccine developers with an unexpected challenge, an advantage of mRNA is that scientists can quickly reengineer genetic material in the shot to match that of the...

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Had Once Reached Out To Apple For Acquiring Tesla: Elon Musk

Central to the company's strategy for auto production is a new battery design that could -radically- reduce the cost of batteries and increase the vehicle's range

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Bajaj Auto Gains After Signing Agreement To Set Up Factory In Chakan

The manufacturing facility will start production from 2023 and will be utilised for making high-end KTM, Husqvarna and Triumph motorcycles

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Cairn Energy Wins Arbitration Against Government In Tax Dispute: Report

British explorer Cairn Energy Plc has won an arbitration against the Indian government, seeking Rs 10,247 crore in retrospective taxes

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IT Stocks Strengthen As Infosys, Wipro Bag Mega Contracts

IT majors Infosys and Wipro bagged mega multi-year contracts from Germany's Daimler AG and Wipro won a strategic digital and IT partnership deal from METRO AG

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Cairn Energy Wins Investment Treaty Arbitration Against India: Report

Cairn in March 2015 filed a formal dispute against a demand for more than $1.6 billion from the Indian tax department that dates back to the 2007 listing of its then Indian operation

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Infosys Wins Long-Term Contract From Daimler

As a part of this partnership, automotive IT infrastructure experts based out of Germany, wider Europe, the U.S. and the APAC region will transition from Daimler AG to Infosys

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Wipro Bags $700 Million Deal From Germany's Metro AG

The estimated deal value for the duration of the first 5 years is about $700 million, Wipro said in a regulatory filing to the stock exchanges, with the possibility of an extension up to 4 additional...

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Sensex Rises Over 150 Points, Nifty Near 13,500 Led By IT Shares

Stock Market Update: Reliance Industries, ICICI Bank, Hindustan Unilever and ITC were the biggest drags on Sensex

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US Body To Put 54 Million US Dollars In India To Support Infra Projects

ndia is one of the fastest growing countries in the previous three decades, but it suffers from a significant infrastructure deficit, holding back further growth for the country.

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Sensex Rises Over 150 Points, Nifty Near 13,500 Led By IT Shares

Share Market Latest Updates: Markets have been riding on hopes of fast recovery from coronavirus-caused slowdown and on foreign fund inflows

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Stocks To Watch: Wipro, Bajaj Auto, Infosys

Wipro announced a strategic digital and IT partnership deal with METRO AG, under which Wipro will take over the IT units of METRO AG - METRO-NOM GMBH in Germany and METRO Systems Romania S.R.L

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Petrol, Diesel Prices Unchanged On Wednesday

In the national capital, the price of petrol remained unchanged at Rs 83.71 per litre and diesel was constant at Rs 73.87 per litre, according to Indian Oil Corporation

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Sensex, Nifty Set To Open Lower

Australia's S&P/ASX 200 was up 0.60 per cent in early trading, while Japan's Nikkei 225 futures were down 0.13 per cent and Hong Kong's Hang Seng index futures had shed 0.05 per cent

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Apple Seeks To Start Car Production By 2024: Sources

Central to Apple's strategy is a new battery design that could radically reduce the cost of batteries and increase the vehicles range

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Realty Majors TATA Projects, Oberoi To Use eForce Labour Marketplace

The eForce platform intends to connect developers with contractors to mobilize the projects and mitigate the delays owing to shortage of skilled manpower

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Employment Improves Marginally In First 3 Weeks Of December: Think-Tank

The data highlights that December is on track to become the first month showing improvement in employment following two straight months of a gradual decline

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Bitcoin Comes Within $1,100 Of All-Time High. Here's All You Need To Know

Bitcoin Vs Dollar: Major central banks around the globe are exploring whether to allow the issuance of digital currencies, such as bitcoin

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Indian TikTok Clone Josh Gets $100 Million In Google, Microsoft Funding

The app, Josh, is one of several home-grown short-video platforms that have sprung up since India blocked the wildly popular TikTok in June

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Google, Facebook Agreed To Team Up Against Possible Antitrust Action

The states had accused Google of working with Facebook in an unlawful manner that violated antitrust law to boost its already-dominant online advertising business. The lawsuit said that Google and...

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These Top Banks Transformed Overnight To Serve Customers In 2020: Report

In 2020, HDFC bank, ICICI bank, and the State Bank of India became leaders of the banking ecosystem to serve account holders through arterial reach

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Antony Waste Handling Cell IPO Subscribed Nearly 4 Times On Day 2

The IPO consists of fresh issue of shares worth Rs 85 crore and an offer for sale of 68,24,933 equity shares by the existing shareholders

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Sensex, Nifty Rebound After Worst Day In Over 7 Months Led By IT Stocks

All the 11 sectors gauges compiled by the National Stock Exchange ended higher led by the Nifty IT index's over 3 per cent gain.

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MTAR Technologies Files IPO Papers With Sebi

The Hyderabad-based company's IPO will comprise a fresh issue of up to 40 lakh shares equity shares and an offer for sale of a little over 82.24 lakh shares by the promoter

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Rupee Settles Marginally Lower At 73.63 Against Dollar

Rupee Vs Dollar Today: At the interbank foreign exchange market, the local unit opened at 73.95 against the dollar and registered an intra-day high of 73.82

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PayPal's Xoom Adds UPI Payments To Remit Money To India In Real Time

Xoom customers can use the payments service to remit money to 66 banks across India

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Volume Decline Muted Pharmaceutical Market Growth In November

The pharmaceutical market reported 128.3 billion total sales in November 2020 and decline in volume can be attributed to the lower sales of the acute therapy products

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Sensex Recovers Over 800 Points From Day's Low, Nifty Above 13,400

Seven of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Media index's 1 per cent decline.

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Centre Opens Bids To Sell 63.75% Stake In Shipping Corporation of India

Ministry of Finance invited global expression of interest for strategic disinvestment of 63.75 per cent shares held by the government in Shipping Corporation of India

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Aussie Regulator Dismisses Google's Undertaking Over Fitbit Competition

In June, ACCC voiced objections over the Fitbit acquisition, warning Google's acquisition would give it too much people's data, that could hurt competition in health and online advertising markets

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Airline Stocks Extend Losses on Suspension of Flights From United Kingdom

Airline Stocks Fall as India joins a growing list of countries, including Ireland, Germany, France, Italy, the Netherlands and Belgium, that have announced travel to the UK as the world heads into...

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Tata Motors To Increase Prices Of Commercial Vehicles From January

The quantum of likely price hikes across categories of commercial vehicles was not indicated by Tata Motors

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Sensex, Nifty Extend Losses On Concerns Over New Coronavirus Strain

Broader Asian shares extended a pullback from multi-year highs hit last week on concerns over the highly infectious new strain of COVID-19

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Sensex Gives Up Early Gains As Auto, Energy Shares Weigh On Markets

Domestic stock markets fell after a positive start in a volatile session on Tuesday, a day after the news of fresh lockdowns in the UK to curb the spread of a new strain of coronavirus spooked...

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Petrol, Diesel Prices Unchanged On Tuesday

In the national capital, the price of petrol remained unchanged at Rs 83.71 per litre, and diesel was constant at Rs 73.87 per litre, according to Indian Oil Corporation

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Tata Motors, Pfizer, Aviation Stocks In Focus Today

Stocks In Focus Today: Aviation stocks will be watched closely, after the government banned flights from the UK till December 31 over a new fast-spreading strain of the coronavirus in that country

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Sensex, Nifty Likely To Have A Positive Start

Asian shares slipped on Tuesday, extending a pullback from multi-year highs hit last week on renewed fears a highly infectious new strain of COVID-19 that shut down much of Britain could lead to a...

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Where Does The World's Pharmacy Stand In The Covid-19 Vaccine Hunt?

An effective vaccine for India needs to be an affordable vaccine that can be made in large quantities and delivered easily, ideally in a single dose

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Taiwan's Wistron Expects No Major Financial Loss From India Plant Damage

Wistron admitted some workers at the plant in Narasapura in Karnataka had not been paid properly or on time, and said it was removing a top executive overseeing its India business

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Mrs Bectors Food Specialities: Here's How To Check Share Allotment Status

The IPO comprised a fresh issue of equity shares worth Rs 40.54 crore and an offer for sale (OFS) by existing shareholders, amounting to Rs 500 crore

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Sensex Slumps Over 1,400 Points On Worries Over New Coronavirus Strain

All the 11 sector gauges compiled by the National Stock Exchange ended lower, led by the Nifty PSU Bank index's 7 per cent decline.

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Mitsubishi Motors Will Focus On Hybrids In SE Asia

In the year ended March 2020, Mitsubishi sold about 290,000 vehicles in Southeast Asia, with a majority of those in its four biggest markets of Thailand, Indonesia, the Philippines and Vietnam

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Sensex Dives Over 1,500 Points, Nifty Below 13,300; PSU Banks Worst Hit

All the 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty PSU Bank index's over 2.5 per cent decline.

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Tesla's Ascent Made 2020 The Year That The US Auto Industry Went Electric

The capability of software to manage autonomous driving systems, electricity flows from batteries and data streaming to and from vehicles is replacing horsepower as a measure of automotive engineering...

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Amazon Can Ask Regulators To Block Deal With Future Group: High Court

Future approached the court last month after Amazon got a Singapore arbitration panel to temporarily halt the transaction on October 25

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Reliance, BP Announce First Gas Production From KG-D6 Block; Shares Gain

Shares of Mukesh Ambani-promoted oil-to-telecom conglomerate - Reliance Industries - rose as much as 1.5 per cent on the BSE.

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In Battle With Future Group, A Win In Court Today For Amazon

The New Delhi High Court on Monday dismissed Future Retail's plea that sought to restrain its partner Amazon.com Inc from interfering in its $3.4 billion asset sale deal with Reliance Industries

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In Battle With Future Group, A Win In Court Today For Amazon

The New Delhi High Court on Monday dismissed Future Retail's plea that sought to restrain its partner Amazon.com Inc from interfering in its $3.4 billion asset sale deal with Reliance Industries

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Antony Waste Handling Cell IPO Opens Today

The IPO involves fresh issue of shares amounting to Rs 85 crore and an offer for sale of 68,24,933 equity shares by the existing shareholders

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Sensex, Nifty Edge Lower In Early Trade Tracking Global Markets

Equity markets in other parts of Asia faltered, despite news a deal had finally been struck on a long-awaited US stimulus bill.

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Reliance Industries, PNB, Lupin Shares In Focus Today

Stocks In Focus Today: PNB raised over 54% of targeted fund mop-up through a qualified institutional placement (QIP) of shares

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Petrol, Diesel Prices Remain Constant On Monday

In the national capital, the price of petrol remained unchanged at Rs 83.71 per litre and diesel was constant at Rs 73.87 per litre, according to Indian Oil Corporation

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Sensex, Nifty Likely To Have A Cautious Start

Asian stocks traded sideways in Asia on Monday as investors gave a cautious welcome to news a deal had been struck on a long-awaited U.S. stimulus bill, though "difficult" Brexit talks dragged on with...

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Working To Link Hospitals With Foreign Insurance Firms: Tourism Minister

Tourism Minister Prahlad Patel said the aim is to ensure that foreign nationals seeking medical treatment in India can arrive with their own insurance

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Mrs Bectors Food Specialities IPO Subscribed 198 Times, Highest in 2020

Mrs Bectors Food Specialties IPO: The high-networth individual (HNI) portion was subscribed 620.85 times, qualified institutional buyer (QIB) category, 176.85 times and retail category saw 29.3 times...

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Antony Waste Handling Cell IPO To Open On Monday. Key Things To Know

Antony Waste Handling Cell's IPO consists of a fresh issue of Rs 85 crore worth of shares and an offer for sale of 68,24,933 equity shares by existing shareholders.

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FiveStates Have Completed Stipulated Reforms In 'Ease of Doing Business'

These states have been granted permission to mobilize additional financial resources to the tune of Rs 16,728 crore through open market borrowings, according to an official release.

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Petrol, Diesel Prices Remain Unchanged On Sunday

In Delhi, the price of petrol remained unchanged at Rs 83.71 per litre, and diesel was constant at Rs 73.87 per litre, according to Indian Oil Corporation

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Economy Coming Back On Track Since July-September Quarter: Anurag Thakur

The minister said that the Good and Services Tax (GST) collection was more than Rs 1 lakh crore in October and November as wel

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All You Need To Know About Indian Railways First Cable-Stayed Rail Bridge

Indian Railways Anji Khad Bridge: The cable-stayed railway bridge is a part of the Udhampur-Srinagar-Baramulla Rail Link (USBRL) project

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Rupee Likely To Strengthen Marginally Against Dollar Next Year: Report

Rupee is likely to strengthen 1.3 per cent and average 73.5 against the US dollar in the financial year 2022-23, as compared to an average level of 74.4 in the financial year 2021-22

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FDI: These Firms Made Highest Foreign Investment This Year

Foreign Direct Investment: JSW Steel, ONGC Videsh, HCL Technologies, Haldia Petrochemicals, Mahindra & Mahindra were the top five companies that made the highest investment

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Budget 2021: Finance Minister Promises 'Never Before' Like Union Budget

"Send me your inputs so that we can see a Budget which is a Budget like never before, in a way. 100 years of India wouldn't have seen a Budget being made post-pandemic like this'', said Nirmala...

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Top Court Stays Criminal Proceedings Against Azim Premji, Others

A Bengaluru trial court issued summons on a -frivolous-and -mischievous- complaint filed by an NGO alleging breach of trust and corruption in merger of three firms with a Premji group firm

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Apple Puts Wistron On Probation In India Following Lapses At Its Plant

Wistron failed to implement proper working hour management processes, which "led to payment delays for some workers in October and November," Apple said

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Bullet Train Project: L&T Emerges Lowest Bidder For Steel Bridges Order

Bullet Train Project: According to NHSRCL, an estimated 70,000 MT of steel will be required for the fabrication of the steel bridges

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US Central Bank Keeps Countercyclical Capital Buffer At Zero

US Federal Reserve said it would not order banks to hold additional capital to protect against losses in a future economic downturn

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Petrol, Diesel Prices Unchanged On Saturday

Currently, oil marketing companies align the domestic fuel prices with global benchmarks by taking into account any changes in foreign exchange rates

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RBI To Maintain Accommodative Policy Stance, Sees Limited Room For Rate Cut

Monetary Policy Committee left key interest rates unchanged this month amid persistently high inflation but said it would ensure ample liquidity to stressed sectors to keep the nascent economic...

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Centre Approves Revised Estimate For Northeast Power Project

North Eastern Region Power System Improvement Project (NERPSIP)

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These Were The Biggest Corporate Controversies Of Year 2020

Due to the strict lockdown imposed to deal with Covid-19 virus, business malfeasances were few and far between

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Indian Gold Dealers Offer Discounts For First Time In Six Weeks As Buying Slows

Spot gold prices were on track for their third straight weekly gain, having hit a one-month high of $1,895.81 on Thursday

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L&T Emerges Lowest Bidder For HPCL's Rs 13,000 Crore Refinery Contract

HPCL Rajasthan Refinery opened the financial bids submitted by the two bidders (Petrofac and L&T Heavy Engineering) this month

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RBI To Ensure Sufficient Liquidity In System: Governor Shaktikanta Das

The RBI Governor said the central bank will use various instruments "at the appropriate time" to ensure ample liquidity in the system

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Sensex's Posts 5 Back-To-Back Record Closing Highs, Seventh Weekly Gain

As the end of the year nears, global markets have been swinging between broader optimism about COVID-19 vaccines and a global economic recovery and concerns about still rising infections.

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Reliance Industries, BP Start Production From R Cluster Project

The ultra-deepwater gas projects are likely to account for almost 25 per cent of the country domestic production and will help to reduce the dependence on imported gas

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Air India Staff Bidding For Airline Not To Handle Policy Matters: Report

Order said non-compliance of the instructions by employees will be viewed seriously and necessary actions as deemed fit will be undertaken against them.

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Rupee Settles Marginally Higher At 73.56 Against Dollar

Rupee Vs Dollar Today: At the interbank foreign exchange market, the domestic unit opened at 73.55 against the greenback and registered an intra-day high of 73.49

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Sensex, Nifty Close At Record Highs For 5th Day In A Row Led By IT Stocks

Eight of 11 sector gauges compiled by the NSE ended lower led by the Nifty Private Bank and Nifty PSU Bank indexes nearly 1% decline.

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India, Bangladesh Reopen Haldibari-Chilahati Rail Link After 55 Years

The newly inaugurated Haldibari-Chilahati rail link, reopened after 55 years, has become the fifth operational railway link between the two countries

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Two Doses Of Oxford/AstraZeneca Vaccine Prompts Good Immune Response: Early Data Reveals

Data published earlier from later Phase 3 trials showed efficacy was 62 per cent for trial participants given two full doses

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Rs 16,000-Crore TCS Share Buyback Offer Opens; Stock Hits Record High

TCS has fixed November 28 as date for determining entitlement and names of shareholders eligible to participate in buyback offer

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Sensex, Nifty Off Day's Lows; IT Stocks Gains, Banking Shares Fall

Eight of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty PSU Bank index's 1.7 per cent decline.

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HDFC AMC, Dr Lal Path Labs, Aarti Industries To Make F&O Entry In January

The market lot, scheme of strikes and quantity freeze limit of these three securities would be informed through a separate circular on December 31, 2020, the exchange said

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Sensex Crosses 47,000 For First Time Ever; IT, Pharma Shares Lead Gains

Share Market Update: Reliance Industries, ICICI Bank, Hindustan Unilever and ITC were the biggest drags on Sensex

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Kotak, World's Richest Banker, Made $16 Billion After Brush With Death

A ball that hit him in the head and led to an emergency surgery pushed a 20-year-old Mr Kotak to abandon his dream of becoming a professional player

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$14 Bn Outflow As Global Investors Dump Indian Bonds Like Never Before

The country's failure thus far to join China in global debt indexes is adding to investor concerns about meager inflation-adjusted yields and a widening fiscal deficit.

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Sensex, Nifty Jump To New Record Highs

Share Market Latest Updates: Gains across sectors boosted the markets

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Stocks To Watch: Bharat Petroleum, Info Edge In Focus Today

Stocks In Focus Today: Oil companies will be in focus as crude oil rates jumped to nine-month highs on Thursday

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Petrol , Diesel Prices Remain Unchanged On Friday

In the national capital, the price of petrol remained at Rs 83.71 per litre and diesel was Rs 73.87 per litre, according to Indian Oil Corporation, the country's largest fuel retailer

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Sensex, Nifty Likely To Have A Positive Opening

Wall Street closed at record highs on Thursday as investors grew more optimistic about a coronavirus stimulus bill; Dow Jones rose 0.5 per cent, the S&P 500 gained 0.6 per cent and Nasdaq Composite...

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No Amount Of Government Intervention Will Be Adequate: Finance Minister

Nirmala Sitharaman said the government has taken several measures to support the economy but no amount of intervention will be adequate to deal with the crisis

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Structural Factors Responsible For Decline In Solar Power Tariff

In the current financial year 2020-21, solar power tariffs declined to Rs 2.36/kWh between June-July 2020 and Rs 2.0/kWh in November 2020

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Facebook Accuses Apple Of Anticompetitive Behaviour Over Privacy Changes

Facebook and Apple have also feuded over commission fees the iPhone maker charges apps listed on iOS devices, with Facebook aligning itself with small developers most affected by the policy

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From $2,000 to $20,000: Bitcoin's Historic Journey Revisited

Ever since the launch, its journey is characterized by multiple ups and downs, even plagued with controversies because it is still not recognised as legal by many central banks

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Finance Minister Holds Pre-Budget Consultation With Social Sector Reps

The finance minister usually meets various stakeholders, including economists, farmer's organizations, civil society as well as industry bodies as part of the pre-budget consultative exercise

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A Day After Gains, Rupee Settles On A Flat Note At 73.59 Against Dollar

Rupee Vs Dollar Today: At the interbank foreign exchange market, the domestic unit opened at 73.52 against the greenback and registered an intra-day high of 73.39

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Sensex, Nifty Close At Record Highs For Fourth Day In A Row

Seven of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Media index's nearly 2 per cent decline.

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Coal India Seeks To Substitute 80-85 Million Tonnes of Imported Fuel In FY21

The miner has asked power plants in the coastal areas to submit proposals for a gradual increase of its supplies to these units to reduce foreign exchange outgo

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Bitcoin Crosses $20,000 Mark For First Time Ever; All You Need To Know

Cryptocurrency bitcoin is showing strong bullish signs and could continue to rise in the near term, going over 12 per cent, breaking hurdles near $20,000 and $22,000 against the US dollar

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Burger King Shares Locked In Upper Circuit For Third Day In A Row

Burger King shares have surged over three times from the issue price of Rs 60 within three days of listing.

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US Central Bank Vows To Buy Bonds Until Substantial Economic Progress

Fed Chair Jerome Powell acknowledged the US central bank's suite of tools is not well-suited to the most pressing needs faced by households and businesses

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Domino's Pizza Maker Enters Biryani Segment

Customers will be able choose from an extensive range of kebabs, curries, breads, desserts and beverages, Jubilant FoodWorks said

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Sensex, Nifty Touch Record Highs Led By Auto, Metal Shares

Share Market Latest Updates: Reliance Industries, HDFC, HDFC Bank and IndusInd Bank were top contributors to gain in Sensex

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Opinion: Politicians Want V-Shaped Recovery At Any Cost. Over To RBI

The local currency is a sitting duck for appreciation against a weakening dollar.

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Airtel, Hero MotoCorp Shares In Focus Today

Stocks In Focus Today: Hero MotoCorp said it will increase product prices by up to Rs 1,500 from January 2021 to partially offset impact of commodity costs

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Sensex, Nifty Likely To Open Lower Today

Asian stock markets perched near record heights as monetary support and hope of US fiscal stimulus put traders in festive mood

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Petrol, Diesel Rates Unchanged For Ninth Day In A Row

Currently, oil marketing companies align the domestic fuel prices with global benchmarks by taking into account any changes in foreign exchange rates

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NIP: Infra Projects Worth Rs 44 Lakh Crore Under Implementation

National Infrastructure Pipeline (NIP): It involves 39 per cent investment by the central government, 40 per cent investment by the states, and 21 per cent by the private sector

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Bitcoin Trades Above $20,000 For First Time

Just 12 years old, bitcoin reached a record-high $20,398.50 before pulling back to $20,145, which was still an intra-day gain of nearly four percent

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Foreign Investors Not Deterred By Covid-19, Pour Record Money In Equities

Cheap stock valuations in the aftermath of Covid-related lockdown and gush of liquidity infused by central banks helped foreign investors pour money into Indian stocks, analysts said.

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COVID-19 And India's $5-Trillion Dream: Is The Dream Still Alive?

The start of vaccination campaign in the United States and the ongoing development of vaccines elsewhere provide a glimmer of hope that the human race may finally conquer the dreaded covid19 virus.

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From SBI Cards To Burger King, These Were The Biggest IPOs Of 2020

The public offer of US-based Burger King's Indian unit, Burger King India, is estimated at Rs 810 crore, comprising fresh issuance of shares worth Rs 450 crore.

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2020, A Year Of Reforms During The Unprecedented Coronavirus Crisis

Prime Minister Narendra Modi's government used the Covid-19 pandemic as an opportunity to drive wide-ranging reforms.

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Bullet Train Project: Second Agreement Signed With L&T

Mumbai-Ahmedabad Bullet Train Project: With the second contract, the civil work for 325 km out of 508 km total alignment from Mumbai to Ahmedabad has been awarded

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Union Cabinet Approves Rs 3,500 Crore Sugar Export Subsidy

The decision will benefit five crore farmers and 500,000 workers employed in sugar mills and related ancillary activities

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Rupee Settles Marginally Higher At 73.58 Against Dollar

Rupee Vs Dollar Today: At the interbank foreign exchange market, the local unit opened at 73.49 against the dollar and registered an intra-day high of 73.48

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Sensex, Nifty Close At Record Highs For Third Day In A Row Led By Airtel

Bharti Airtel was top gainer in the Nifty 50 basket of shares, the stock rose nearly 3 per cent to close at Rs 518.

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Cabinet Clears Next Round Of Telecom Spectrum Auction

The Union Cabinet on Wednesday approved guidelines for the next round of spectrum auction.

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Centre To Allow Additional Borrowing For States Which Complete Reforms

The states which implement all reforms are eligible for additional borrowings of up to Rs 2.14 lakh crore equivalent to 0.25 percent of their gross states domestic product

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COVID-19: Major Decline In Household Saving Due To Salary Cuts, Job Loss

68 per cent of consumers said their household savings declined in the last eight months during the COVID-19 pandemic

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India's Diesel Sales Down 5.2% So Far This Month

Diesel consumption, a key parameter linked to economic growth and which accounts for about 40 per cent of overall refined fuel sales in India, fell to 2.8 million tonnes in the first half of the month

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Gold On Track For Second Best Annual Return Since 2008 Financial Crisis

Typically, gold takes support from a sense of risk aversion, especially when investors exit from stocks and rush to safe-haven bets such as precious metals and bonds

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Burger King Up 20% For Second Straight Session After Stellar Debut

Burger King shares rose by their daily maximum limit of 20% for second consecutive session after it made a stellar stock market debut on Monday

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M&M Surges On Plans To Increase Prices Of Passenger, Commercial Vehicles

The quantum of price increases across different models will be communicated in due course, Mahindra & Mahindra said

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Gold Futures Edge Higher To Rs 49,600/10 Grams Mark As Dollar Dips

Gold Prices Today: Multi Commodity Exchange gold futures climbed to as high as Rs 49,626 per 10 grams in early trade

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Sensex, Nifty Touch Record Highs Led By Auto, Energy Stocks

Share Market Latest Updates: HDFC, HDFC Bank, Reliance Industries and Mahindra & Mahindra were the biggest boosts for Sensex

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Stocks To Watch In Trade Today: Punjab National Bank, BPCL, Biocon

Punjab National Bank's Rs 7,000 crore Qualified Institutional Placement (QIP) opens on December 15 at a floor price of Rs 7,000 crore

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Disinvestment Will Gain Immense Momentum Now, Says Nirmala Sitharaman

Ms Sitharaman said that the Union Budget for 2021-22 would emphasise on sustaining high public expenditure on infrastructure to revive the economy.

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Petrol, Diesel Prices Remain Constant On Wednesday

In the national capital, the price of petrol remained constant at Rs 83.71 per litre with and diesel was unchanged at Rs 73.87 per litre, according to Indian Oil Corporation

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Sensex, Nifty Set To Have A Firm Opening

Asian stocks rose on Wednesday; Australian and New Zealand shares jumped over 1 per cent each, while South Korea's KOSPI and Japan's Nikkei were each up about 0.3 per cent.

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Taiwanese Firms Expect Government Support On Land, Labour Issues: Official

Major Taiwanese contract manufacturers Foxconn, Wistron Corp and Pegatron Corp have plans to invest up to $900 million in India over the next five years

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Revamped Stations, Private Trains: Indian Railways' Developments In 2020

The Habibganj and Gandhinagar stations will the country's first stations to be redeveloped into world-class transit hubs with airport-like facilities

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S&P Pins India's Growth Forecast to -7.7 This Fiscal

Earlier this week, Fitch had revised its growth forecast for India to -9.4 per cent, from -10.5 per cent on signs of economic revival

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FDI Grew 13% At Peak Of Covid-19 Pandemic: Piyush Goyal

FDIs into India have been continuously growing as the country has one of the most facilitative policies to attract overseas investors, Mr Goyal, said

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Rupee Edges Lower By Eight Paise To 73.63 Against Dollar

Rupee Vs Dollar Today: At the interbank foreign exchange market, the local unit opened at 73.62 against the dollar and registered an intra-day high of 73.59

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Sensex, Nifty End On A Flat Note; FMCG, PSU Bank Stocks Worst Hit

Seven of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty PSU Bank and FMCG indexes over 1 per cent decline.

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It's Not In India's DNA To Be Deterred By Crisis: Mukesh Ambani

According to the Facebook CEO, India has a very entrepreneurial culture that can be seen not only in tech start-ups but also in millions and millions of small businesses

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All Indian Railways Express Trains To Run Fully Reserved

The Railway Ministry said that the permission given to various zones to issue unreserved train tickets is meant only for the suburban train services and a limited number of local passenger train...

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Burger King Locked In 20% Upper Circuit A Day After Blockbuster Debut

Shares of Burger King were locked in a 20 per cent upper circuit at Rs 162 a day after it made a stellar market debut on Monday.

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Majesco Declares Dividend Of Rs 974 Per Share, Stock Rises Over 2%

Majesco will go ex-dividend on December 23 and record date for dividend has been fixed at December 25.

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Bengaluru Transit Infra Projects: Real Estate Growth In 24 Locations

Bengaluru Transit Infra Projects: It is estimated that around 127 kilometres of metro and 270 km of road projects are under various stages of construction in Bengaluru

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Auto-Maker Mahindra's South Korean Arm Defaults On $55 Million Payment

Shares of the automaker fell as much as 1.5 per cent on Tuesday to their lowest since November 23, while those of Ssangyong fell up to 7.72 per cent.

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US Tech Majors Stare At 6-10% Fines As European Union Set Rules To Curb Their Power

The rules are the most stringent attempt by the 27-country bloc to rein in the power of the US tech giants that control troves of data and online platforms on which thousands of companies and millions...

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Mrs Bectors Food Specialties IPO Oversubscribed Within Hours Of Opening

Mrs Bectors Food Specialties initial public offer will be open between December 15 and December 17. The issue price has been fixed at Rs 286-288 per share.

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Mukesh Ambani, Mark Zuckerberg Discuss The WhatsApp-Jio Impact On India

In April, Facebook announced investment of $5.7 billion (Rs 43,574 crore) in Reliance Industries' digital services arm, Jio Platforms

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RBI Approves Re-Appointment Of Uday Kotak As MD & CEO Of Kotak Bank

RBI approved re-appointment of Kotak Mahindra Bank's founder Uday Kotak as MD & CEO of the bank for a period of three years

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Sensex Falls Over 350 Points As Markets Retreat From Record Highs

Stock Market Update: Reliance Industries, ICICI Bank, Hindustan Unilever and ITC were the biggest drags on Sensex

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Mrs Bectors Food Specialties IPO Opens For Subscription

The bakery products maker's initial public issue involves fresh issue of Rs 40.54 crore and an offer for sale of Rs 500 crore by the existing shareholders.

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India Best In World For Investor Fund Disclosure, Says Study

India and the U.S. earned top grades for their robust disclosure regimes across six categories including fees, transparency of fund holdings and issues such as conflicts of interest

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Sensex Falls Over 200 Points As Markets Retreat From Record Highs

Share Market Latest Updates: Reliance Industries, Infosys, ICICI Bank and Tata Consultancy Services (TCS) were the biggest drags on Sensex

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Stocks to Watch Today: Tata Steel, TCS, Indian Bank

Tata Steel increased its aggregate indirect shareholding in Tata Steel Minerals Canada to 82 per cent by acquiring additional 4.32 per cent equity

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No Change In Petrol, Diesel Prices On Tuesday

In the national capital, the price of petrol remained constant at Rs 83.71 per litre and diesel was unchanged at Rs 73.87 per litre, according to Indian Oil Corporation

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Sensex, Nifty Likely To Open Lower

Australian S&P/ASX 200 lost 0.12 per cent in early trading and Japan's Nikkei 225 futures fell 0.13 per cent. E-mini futures for the S&P 500, on the other hand, rose 0.21 per cent

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Jio Accuses Airtel, Vodafone Of Unethical Practices Amid Farmers Protest

Jio highlighted unethical and anti-competitive MNP campaign being run by Airtel and VIL to capitalise on the ongoing farmer protests.

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Tatas, Interups Among "Multiple" Bidders For Air India

Sources said Tata Sons, the holding company of the Tata Group, has put in an EoI and so did Interups.

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Burger King's Stock Market Debut Becomes Biggest Since 2017

The operator of Burger King-branded restaurants in India saw demand nearly 157 times more than the number of shares in its initial public offering earlier this month.

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RBI Likely To Keep Policy Rates On Hold, Say Analysts

Retail inflation eased in November after holding above 7% for two straight months, but remained beyond the RBI's upper bound of the 2-6% target.

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Apple Probes Supplier After Workers At Wistron Plant Go On Rampage

Apple said it was sending staff and auditors to the site and was cooperating with police in their investigation.

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Over 200 Air India Employees Bid For 51% Stake In Airline

Air India has been on sale since 2017 when Prime Minister Narendra Modi's cabinet signed off on a plan to sell all or part of the debt-ridden carrier.

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SoftBank-Backed India's Ola To Invest $326 million In Electric Scooter Plant

The plant will have an initial annual capacity to make two million scooters and will create nearly 10,000 jobs

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Consumer Inflation Eases To 6.93% In November, Better Than Estimate

Retail inflation was helped by lower increases in food prices

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Mrs Bectors Food Specialties IPO Opens Tomorrow: Key Things To Know

The bakery products maker's IPO consists of a fresh issue of Rs 40.54 crore and an offer for sale of Rs 500 crore by existing shareholders

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Nifty Settles Above 13,550 For First Time, Sensex Rises Over 150 Points

Nine of 11 sector gauges compiled by the National Stock Exchange ended higher led by Nifty Media index's over 2 per cent gain.

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Sensex Rises Over 10% In 2020 As Covid Fails To Dampen Investors' Spirits

From low levels hit in March, the Sensex and Nifty have rallied 81 per cent, while Nifty Midcap 100 index is up 92 per cent

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RTGS Payment System Starts On 24X7 Mode From Today

The RTGS system is meant for high-value transactions, on a real-time basis

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Wholesale Inflation Hits 9-Month High In November

While food articles saw softening in inflation in November, manufactured items witnessed hardening of prices

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Sensex, Nifty Turn Flat; Mid And Small Cap Stocks Outperform

Eight of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Metal index's over 1% gain.

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Tata Group To File Expression Of Interest For Air India Today: Report

Tata group will use Air Asia as a vehicle where Tata Sons has a significant majority stake, the sources added.

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Burger King India Makes A Strong Debut, Lists At 92% Premium

The shares of the quick-service restaurant chain listed at Rs 115.35 on the BSE, a 92.25 per cent premium over the issue price of Rs 60 and on the NSE, the shares debuted at Rs 112.50, up 87.5 per...

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Cipla Gains Nearly 5% On Settlement of US Patent Litigation

The pharma major has announced settlement of its patent litigation with Celgene Corporation, a wholly-owned subsidiary of Bristol Myers Squibb, in the United States

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Nifty, Sensex Touch Record Highs Amid Broad-Based Gains

Share Market Update: Analysts awaited macroeconomic data for near-term cues

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Nifty, Sensex Touch Record Highs Amid Broad-Based Gains

Share Market Latest Updates: Analysts awaited macroeconomic data for near-term cues

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Stocks to Watch Today: UPL, KEC International, Cipla, Burger King

UPL shares may be on investor's radar after the company denied reports of SEBI initiating a forensic audit regarding whistleblower complaint

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Petrol, Diesel Rates Unchanged For Seventh Straight Day

In the national capital, the price of petrol remained constant at Rs 83.71 per litre and that of diesel was unchanged at Rs 73.87 per litre, according to Indian Oil Corporation

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Sensex, Nifty Likely To Have A Positive Opening

MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1 per cent, having hit a string of record highs last week and Japan's Nikkei added 0.4 per cent

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IRCTC Offer For Sale Successful, Government Prunes Stake By 20%

The Centre had set floor price for the OFS, which was held on Thursday and Friday, at Rs 1,367; but most bids came around Rs 1,378, as per data provided by the stock exchanges

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Vodafone Spinoff Vantage Towers Looking At Growth Ahead, Says Chief Executive

Vantage Towers, which owns 68,000 masts across nine European countries, is eyeing a spring listing in Frankfurt that would arm CEO Vivek Badrinath with the firepower to pay for takeovers with its own...

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RTGS Payment Facility To Start On 24X7 Basis From Monday

The RTGS system is meant for high-value transactions, on a real-time basis; the minimum amount that can be remitted through RTGS is Rs 2 lakh and there is no maximum limit

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Burger King India IPO To Debut On December 14

The primary market offering consisted of a fresh issue of equity shares amounting to Rs 450 crore and an offer for sale worth Rs 360 crore by the promoter QSR Asia

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Nirmala Sitharaman Reviews Implementation Of Aatma Nirbhar Bharat Package

As per the release, the Finance Minister Sitharaman on Friday concluded a comprehensive review of ANBP with Secretaries of various Ministries/Departments concerned over three days

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Nirmala Sitharaman To Hold 1st Pre- Budget Consultations On Monday

The finance minister customarily meets various stakeholders, including farmer's organizations, economists, civil society and industry bodies as part of the pre-budget consultative exercise

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Petrol, Diesel Rates Unchanged For Sixth Consecutive Day

In the national capital, the price of petrol remained constant at Rs 83.71 per litre and that of diesel was unchanged at Rs 73.87 per litre, according to Indian Oil Corporation

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All You Need To Know About Income Tax Benefits For Senior Citizens

Section 80TTBof the Income Tax law gives provisions relating to tax benefits available on account of interest income from deposits with banks or post office or co-operative banks of an amount upto Rs....

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Industrial Output Grew In October Despite Contraction In Core Sectors

The industrial output grew despite the contraction in eight core sectors by 2.5 per cent in October 2020, which has nearly 40 per cent weightage in the index of industrial production

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Fuel Demand Fell 5% In November

Consumption of fuel, a proxy for oil demand, totaled 17.83 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed

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Bharti Airtel Leads In Subscriber Base, Tops Jio In Monthly Additions

the pace at which BAL is making additions (+3.8 million in September 2020) remained higher than RJio (+1.5 million subscribers in September 2020) for the second month in a row.

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Indian Railways Launches Hospital Management Information System

The hospital management information system (HMIS)is developed by Indian Railways in coordination with the RailTel Corporation Limited

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All You Need To Know About Centre's Revamped Viability Gap Funding Scheme

The Finance Ministry notified a revamped viability gap funding scheme, at an outlay of Rs 8100 crore, under which, various infrastructure projects will be selected for financial support

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COVID-19 Increased Momentum Of Digitisation: COO, NPCI

Chief Operating Officer of National Payments Corporation of India, Praveena Rai, said that pace of digitisation has increased due to the regulatory framework and policies of the government and RBI

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BSE's 'E-Agricultural Spot Market Platform' Makes Positive Start

BSE witnessed trading of 2 tons of Imported Almond in shell worth value of more than Rs 6 lakh on the launch day of electronic spot platform for agricultural commodities BSE E-Agricultural Markets...

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Uttar Pradesh Approves Financial Incentives For Samsung Display Factory

Uttar Pradesh said Samsung will receive 7 billion rupees in financial benefits and will also get an exemption from a tax payable on the transfer of land for the factory.

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Petrol, Diesel Prices Remain Unchanged For Fifth Day In A Row

Petrol and diesel price in India today: Petrol and diesel prices remain unchanged for the fifth day in a row on Saturday, December 12, according to Indian Oil Corporation

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'Positive Surprise But Unlikely To Continue': Analysts On IIP Data

The industrial production grew by 3.6 per cent in October 2020, the highest level since February 2020, supported by better performances in electricity and manufacturing generation sectors

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Opinion: Changing Consumer Preference Is Driving Digital Payments

India's e-commerce festive sale season this year delivered $8.3 billion worth of gross sales for brands and sellers, according to a report by research firm RedSeer.

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Industrial Production Grows 3.6% In October

According to the Index of Industrial Production data, manufacturing and electricity generation sectors registered a growth of 3.5 per cent and 11.2 per cent

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Indian Railways Develops New Automobile Carrier With High-Speed Potential

Indian Railways' Parel Workshop has developed a prototype coach for carrying automobiles with a potential of achieving speed from 75 kmph to 110 kmph

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Gems & Jewellery Sector Pares Outstanding Debt By 26% to $7.75 Billion

The industry has faced difficulties in securing institutional credit in the wake of a few bank fraud cases, and the disruption due to the COVID-19 pandemic

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Jet Airways Crisis: Bankruptcy Court Adjourns Hearing To December 17

Jet Airways crisis: The National Company Law Tribunal (NCLT) adjourned the key hearing on the revival plan for grounded airline carrier on December 17 due to lack of time

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Petrol, Diesel Price Hike Paused For Fourth Day In A Row

Petrol and diesel prices were not hiked for fourth day in a row on Friday (December 11) after being hiked for seven days in a row.

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Rs 1.45 Lakh Crore In I-T Refunds Issued to 89 Lakh Taxpayers

This includes personal income tax refunds during this period

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Sensex, Nifty Resume Up Move After A Day's Pause Led By ITC, ICICI Bank

Eight of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Metal and PSU Bank indexes over 1 per cent gain.

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Rupee Settles Flat At 73.64 Against Dollar

Rupee Vs Dollar Today: At the interbank foreign exchange market, the local unit opened at 73.65 against the dollar and registered an intra-day high of 73.56

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November Passenger Vehicle Sales Up 13% On Festive Demand: Industry Body

Rise in sales was primarily on account of festive season demand, industry body SIAM said

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Will Fight Any Attempt By Zambia To Sell Konkola Copper Mines: Vedanta

The long legal fight with Zambia began in May 2019, when Lusaka appointed a liquidator for KCM, which is jointly owned by Vedanta and Zambias state mining arm ZCCM-IH

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Sensex Falls Over 600 Points From Record High, Nifty Drops Below 11,450

Six of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Pharma index's over 1 per cent decline.

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Sensex Soars To Record High As Markets Resume Rally After A Day's Pause

Share Market Updates: Markets have been riding on hopes of fast recovery from coronavirus-caused slowdown and on foreign fund inflows

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How Carlsberg, Sabmiller And United Breweries Fixed Beer Prices In India

Executives' conversations, WhatsApp messages and e-mails contained in the report show the companies regularly and collectively strategised in seeking price increases in "several states"

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Q3 2020: India Slips To 54th Rank In Global Home Price Index

Global Home Price Index: The country slipped seven spots lower, touching the 54th rank, in the third quarter of this financial year, with a decline of 2.4 per cent YoY in home prices

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Airbnb Valuation Shoots Past $100 Billion In Biggest US IPO Of 2020

At the start of trading on the Nasdaq, Airbnb had a market capitalization of $86.5 billion

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ONGC Shares Jump 10% As Crude Oil Price Rally Builds Steam

Share of state-run oil exploration company ONGC rose as much as 10.26 per cent to hit an intraday high of Rs 101

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UPL Rebounds A Day After Falling Over 10% On Spike In Volumes

Shares of UPL (United Phosphorous Limited) rebounded a day after falling over 10 per cent on the back of spike in trading volumes.

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Sensex Gains Over 200 Points To Record High Amid Broad-Based Gains

Share Market Updates: Markets have been riding on hopes of fast recovery from coronavirus-caused slowdown and on foreign fund inflows

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Sensex Opens 100 Points Higher, Nifty Above 13,500 As Markets Rebound

Share Market Latest Updates: Markets have been riding on hopes of fast recovery from coronavirus-caused slowdown and on foreign fund inflows

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Stocks To Watch: IRCTC, TVS Motor, Coal India, HCL Tech In Focus Today

List of Stocks in Focus Today: The government will sell up to 20 per cent stake in Indian Railway Catering and Tourism Corporation through an offer for sale

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Sensex, Nifty Likely To Open On A Positive Note Today

Markets have been riding on hopes of fast recovery from coronavirus-caused slowdown and on foreign fund inflows

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Tata Rejects Mistrys' Share-Swap Separation Offer As 'Nonsense'

"It's nonsense. This kind of relief cannot be granted," Tata's lawyer Harish Salve said during a hearing before Supreme Court on Thursday.

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Gold, Silver Rates Drop Amid Lower Global Prices

Gold Price In India Today: In the national capital, gold prices fell by as much as Rs 534to Rs 48,652per 10 gram today on a weak global trend

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Most NBFCs Can Handle Ratios By Raising Tier-II Capital: Report

RBI's Dividend Cap Proposal For NBFCs: The central bank has proposed to cap the dividend payout ratio for NBFCs at a maximum of 50 per cent

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UPL Falls After Report Suggests Promoters Siphoned Off Funds

The whistleblower had asserted that UPL entered into rent deals with the shell company owned by its employees and paid crores of rupees in rent for properties held by the latter

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Walmart To Triple Exports Of India-Made Goods To $10 billion Per Year By 2027

Walmart Inc on Thursday said it will triple its exports of India-made goods to $10 billion each year by 2027 in a move that will help expand the global reach of goods from the South Asian nation

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Antitrust Body Raids Cement Giants UltraTech, LafargeHolcim Units: Report

Commerce minister Piyush Goyal last year told parliament the CCI was examining complaints of cartelisation by cement companies

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Airbnb Prices Shares Above Target In Biggest US IPO Of 2020

As lockdowns eased and with more travellers opting to book homes instead of hotels, Airbnb's revenue rebounded from a summer slump to reach $1.34 billion in the third quarter

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Rupee Weakens 9 Paise Lower To 73.66 Against Dollar Today

Rupee Vs Dollar Today: At the interbank foreign exchange market, the local unit opened at 73.68 against the dollar and registered an intra-day high of 73.62

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Sensex, Nifty Break Five-Day Winning Streak; FMCG Shares Outperform

Eight of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty PSU Bank index's 1.5 per cent decline.

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Facebook Slapped With US Lawsuits That Could Force Sale of Instagram, WhatsApp

Facebook's general counsel Jennifer Newstead said WhatsApp and Instagram have succeeded after Facebook invested billions of dollars in growing the apps

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PM-WANI: All You Need To Know About Nationwide Public Wi-Fi Network Plan

PM-WANI: The Centre's public Wi-Fi network scheme will provide a boost to ease of doing business and boost the proliferation of broadband internet services

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ICICI Prudential Rose 1% After Partnering With RBL Bank To Sell Insurance

ICICI Prudential Life Insurance entered into a bancassurance partnership with RBL Bank, under which the bank will offer life insurance products to its customers.

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IRCTC Plunges 13% As Government Plans To Sell 20% Stake In Company

The government plans to sell up to 2.4 crore IRCTC shares, representing 15 per cent of the company's paid-up equity share capital

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Maruti Suzuki To Increase Vehicle Prices From January; Stock Inches Up

"Over the past year, the cost of company's vehicles has been impacted adversely due to increase in various input costs," Maruti Suzuki said in a regulatory filing to the stock exchanges

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Centre To Sell Up To 20% In IRCTC At Rs 1,367 Per Share

The government proposes to sell up to 2.4 crore equity shares of IRCTC (representing 15 per cent of the total shares issued and paid-up equity share capital) to non-retail investors on December 10

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Sensex Drops Over 350 Points, Nifty Near 13,400 As Markets Halt Rally

Share Market Updates: British and European futures slipped marginally in Asia, with FTSE futures and EuroSTOXX 50 futures down 0.10%

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Sensex Drops Over 350 Points, Nifty Near 13,400 As Markets Halt Rally

Share Market Updates: British and European futures slipped marginally in Asia, with FTSE futures and EuroSTOXX 50 futures down 0.10%

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Retail Inflation Likely To Ease But Stay Above 7% For Third Month: Poll

Retail inflation has stayed above the RBI's comfort zone of 2-6% for seven straight months, a streak not seen since August 2014

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Sensex Falls Over 250 Points, Nifty Near 13,450 As Markets Halt Rally

Share Market Latest Updates: British and European futures slipped marginally in Asia, with FTSE futures and EuroSTOXX 50 futures down 0.10 per cent

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No Hike In Petrol, Diesel Prices For Third Consecutive Day

In Delhi, the price of petrol remained constant at Rs 83.71 per litre and diesel was unchanged at Rs 73.87 per litre, according to notifications from Indian Oil Corporation

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Reliance Industries, IRCTC, Maruti, ICICI Prudential In Focus Today

List of Stocks in Focus Today: ICICI Bank' board approved plan to offload 2.21% stake in ICICI Securities through offer for sale (OFS)

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Sensex, Nifty Set To Have A Mildly Positive Opening

Asian equities eased from a record high on Thursday as stalled U.S. stimulus talks and a sell-off in tech stocks weighed, while sterling traders sat on a knife's edge as last-ditch Brexit negotiations...

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ise In Shapoorji Pallonji Group Valuation: Tatas Tell Top Court

The Tatas told the Supreme Court that going by the claim of Shapoorji Pallonji group, valuation of their 18.37 per cent stake in Tata Sons rose from 58,000 crore in 2016 to Rs 1.75 lakh crore in 2020.

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Gold Prices Fall After Big Gains, Silver Rates Drop

Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures were last seen trading lower by 1.13 per cent - at Rs 49, 543

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Here's A List Of Documents You Will Need To Obtain A PAN Card

In order to apply for a PAN card, which is essential for carrying out many important tasks, you need to submit some documents along with a duly filled Form 49

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How Oil Majors Move Billions in Profits To Island Tax Havens

International oil corporations game global tax systems

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Housing Sales Jump 67% YoY In Mumbai Backed By Stamp Duty Cuts

The registration of residential properties last month witnessed a sharp increase of 67 per cent YoY to 9,301 units due to higher demand in festive season and reduction in the stamp duty by the...

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US Fintech Startup Stripe Plans Asia Expansion With Rapid Hiring

Analysts pointed to the difficulties Stripe may face in terms of varying regulations across Asia

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RBL Bank, ICICI Prudential Life Insurance Forge Bancassurance Partnership

RBL Bank will distribute ICICI Prudential Life Insurances protection and savings products through its 398 bank branches spread across 28 states, besides its internet and mobile banking touch-points

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Top Court Adjourns Hearing On Pleas Seeking Covid Loan Relief Extension

Earlier, Supreme Court had directed that bank accounts of persons as on August 31 should not be declared as non-performing assets until the disposal of pleas seeking extension of loan relief

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No Model For Sale Here, But India's Small Investors Flock To Tesla Stock

Brokerage Vested Finance said its accounts held $2.5 million worth of Tesla stock in November, up from just $76,000 at March-end.

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Foreign Flows, Progress On Vaccine Drive Nifty Beyond 13,500 For First Time

Eight of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Media index's nearly 4 per cent gain.

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Rupee Edges 3 Paise Higher Against Dollar, Settles At 73.57

Rupee Vs Dollar Today: At the interbank foreign exchange market, the local unit opened at 73.58 against the dollar and registered an intra-day high of 73.49

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PIL Filed For Regulating Techfin Firms Like FB, Google, Amazon

Delhi High Court Seeks Union government, Reserve Bank of India stand

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Funding Environment Helpful For Recovery, Currency To Change Structurally

A culmination of the rising growth-inflation dichotomy along with a sustained improvement in the balance of payment account will become crucial determinants for ensuring ultra-loose monetary policy...

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Franklin Templeton: Top Court Asks SEBI To Appoint Observer For E-Voting

Supreme Court asked SEBI to appoint an observer for overseeing the e-voting process, scheduled in the last week of December, for winding up of Franklin Templeton's six mutual fund schemes

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Your Take-Home Pay May Be Cut From April 2021. Here's Why

Experts predict salary costs incurred by companies would go up by 10-12 per cent

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Provident Fund Interest To Be Transferred In One Go: Sources

EPFO received good returns from the sale of ETFs and is in now in a position to transfer the entire tranche of interest payments to subscribers in one go.

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Amazon Eyeing This Potential $100 Million Investment In India: Report

Growth of e-pharmacies has left many traders in the country feeling threatened, who say online drugstores can contribute to medicine sales without proper verification

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Passenger Vehicle Registrations Rise 4% In November: Industry Body

Overall vehicle registrations fell 19.29% to 18,27,990 vehicles in November, according to industry body FADA

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Snowflake's Dutch-Born CEO Pockets A Whopping $108 Million Each Month

Frank Slootman's pay includes more than 13.7 million options with a strike price of $8.88 and a $375,000 annual base salary, which can go higher depending on the firm's performance

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Reliance Industries Extends Gains On Jio 5G Rollout Plans

"I assure you that Jio will pioneer the 5G Revolution in India in the second half of 2021," Mukesh Ambani had said at the India Mobile Congress 2020

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Sensex Crosses 45,900 Mark For First Time As Markets Extend Rally

Domestic stock markets started Wednesday's session on a positive note, continuing a rally amid optimism on a fast recovery from the coronavirus pandemic-caused slowdown. The S&P BSE Sensex index...

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Petrol, Diesel Price Hike Paused For Second Straight Day

In Delhi, the price of petrol remained constant at Rs 83.71 per litre and diesel was unchanged at Rs 73.87 per litre, according to Indian Oil Corporation

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Pfizer, ICICI Bank, JSW Steel, Tata Steel In Focus Today

List of Stocks in Focus Today: ICICI Bank' board approved plan to offload 2.21% stake in ICICI Securities through offer for sale (OFS)

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Sensex, Nifty Likely To Have A Positive Start

Asian markets were set to rise Wednesday as investors tracked positive news on COVID-19 vaccines and ongoing efforts to launch more fiscal stimulus

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ITR Filing: Important Due Dates To File Your Income Tax Returns

Important Dates For Filing Income Tax Return: The central government had extended the deadline for filing ITR to December 31, 2020

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Supreme Court Pushes Back Tata-Mistry Case Hearing To Wednesday

The top court barred Shapoorji Pallonji Group from selling the shares of Tata Sons held by the group

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Entitled To Restrain Vodafone From Initiating 2nd International Arbitration: Centre

The Centre urged the high court to sine die adjourn its appeal against the single judge's verdict permitting consolidation of two international arbitrations initiated by the company against India.

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Gold Futures Soar Higher, Breaches Rs 49,750 Mark

Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures were last seen trading lower by 0.19per cent at Rs 49,849

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Rupee Surges 30 Paise Against Dollar, Settles At 73.60 Amid Market Gains

Rupee Vs Dollar Today: At the interbank foreign exchange market, the local unit opened at 73.83 against the dollar and registered an intra-day high of 73.59

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Bullet Train: Ground Survey By Laser For Delhi-Varanasi High-Speed Rail

Bullet Train Project: The Delhi-Varanasi high-speed rail corridor will connect the national capital with major cities such as Mathura, Agra Lucknow, Prayagraj, Etawah, Varanasi, Raebareli, Bhadohi,...

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Here's How To Check The Allotment Status Of Burger King India IPO

Burger King's initial public offer (IPO) consisted of a fresh issue of equity shares totaling Rs 450 crore and an offer for sale worth Rs 360 crore by the promoter QSR Asia

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Sensex, Nifty Close At Record Highs For Fourth Session In A Row

The markets have been hitting record highs on news of progress in Covid-19 vaccine development amid sustained buying of Indian shares by FIIs

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Nifty Above 13,400, Sensex Up Over 200 Points Led By Reliance Industries

The markets have been hitting new highs on the back of news of progress of Covid-19 vaccines amid sustained buying of Indian shares by FIIs

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Sunil Mittal Says India Stands To Gain Full Benefits of 5G In Coming Years

The next-generation 5G would start to become the norm in the mobile broadband space in the next two-three years

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Reliance Gains After Mukesh Ambani Says Jio 5G Rollout Likely In 2021

Shares of oil-to-telecom conglomerate Reliance Industries jumped as much as 2.86 per cent to hit an intraday high of Rs 2,014.25 on the NSE

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Mukesh Ambani Says Jio 5G Rollout Likely In Second Half Of 2021

Jio offers low-priced smartphones that allow Internet access

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Fitch Revises India Forecast, Sees Contraction At 9.4% In FY 21

In September, Fitch had sharply lowered its forecast for India's gross domestic product (GDP) to a contraction of 10.5 per cent in current fiscal 2020-21 (FY21)

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Jet Airways Locked In Upper Circuit; Company To Resume Flying By Summer

Jet Airways revival plan comes at a time when many of the world's airlines are struggling to recover from a COVID-19-caused slowdown.

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Sensex, Nifty Turn Flat; Reliance Industries, Infosys Outperform

Eight of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Metal index's over 2 per cent decline.

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An Adani Company Is Year's Best Performer Among Top 100 Stocks

Shares of Adani Green have jumped 565% in 2020 versus a gain of just 10% for the National Stock Exchange's Nifty 100 Index.

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Canara Bank Surges Over 7% As Its Rs 2,000 Crore Fund Raising Plan Opens

Canara Bank shares have been on an upward spiral and have jumped a whopping 37 per cent compared with 9 per cent gain in the Sensex.

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Bankrupt Jet Airways Plans To Resume Services By Summer 2021

Jet Airways will operate all its historic domestic slots in India and restart international operations after it receives approval from Indian regulators and a bankruptcy tribunal, according to a...

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Mumbai Home Sales Zoom To 8-Year High As Prices Drop, Loans Get Cheaper

It's an abrupt turnaround for a market that's spent three years in the doldrums after a prolonged shadow banking crisis strangled access to credit

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"Jet Airways 2.0" Plans To Resume Operations By Summer Next Year

Grounded Jet Airways plans to restart operations as a full service carrier by the summer of 2021, its new owners have said.

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Stocks to Watch Today: Axis Bank, Canara Bank, NBCC

List of Stocks in Focus Today: The credit rating agency Fitch Ratings re-affirmed the Long-Term Issuer Default Rating (IDR) of the private sector bank as BB+ with negative outlook

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Sensex, Nifty Hit Record Highs As Markets Extend Rally

Share Market Latest Updates: Equities elsewhere in Asia came under pressure as investors struggled to balance hopes for more economic stimulus and vaccines with anxiety over a surge in COVID-19...

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Sensex, Nifty Likely To Have A Negative Opening

Asian stocks came under pressure in early trade as investors struggled to balance hopes for more economic stimulus and vaccines with anxiety over the growing COVID-19 cases

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Bankers Not To Participate In December 8 Bharat Bandh

Farmer groups have called for a nationwide shutdown on Tuesday to protest against three recently enacted agriculture-related legislations

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Bankers Not To Participate In December 8 Bharat Bandh

Farmer groups have called for a nationwide shutdown on Tuesday to protest against three recently enacted agriculture-related legislations

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LG Rejigs Loss-Making Phone Business, To Outsource Lower-end Models

LG is not even among the top seven in the third quarter of this year after losing ground to Chinese smartphone makers

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Airbnb Issues Guidelines For Fees As It Tilts Toward Biggest Hosts

Smaller property managers are concerned the change could hurt them if they can't raise prices enough to cover the increased host fee

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Coffee Day's New CEO Is Wife Of Founder Who Died By Suicide

Malavika Hegde was appointed as the CEO with immediate effect, the company said in a filing to exchanges.

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Pradhan Mantri Vaya Vandana Yojana: Pensions, Premiums, Other Details Here

LIC's Pradhan Mantri Vaya Vandana Yojana provides immediate pension for senior citizens of 60 years and above.

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Mrs Bectors Food To Launch IPO Soon

Mrs. Bectors Food Specialities manufactures and markets biscuits under its flagship brand 'Mrs Bectors Cremica' and bakery products under the brand 'English Oven'

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Sensex, Nifty Extend Record-Breaking Rally To Third Straight Session

Foreign institutional investors on Friday bought shares worth Rs 2,970 crore after they purchased shares worth Rs 60,357.67 crore in November.

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Franklin India Says Investors May Lose Money If Plan Spurned

Franklin is seeking a simple-majority consent of unitholders on its proposal to wind up six plans it had shuttered in April, which locked in Rs 30,800 crore.

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Sensex Surges Over 300 Points, Nifty Above 13,300; PSU Banks Outperform

Foreign institutional investors on Friday bought shares worth Rs 2,970 crore after they purchased shares worth Rs 60,357.67 crore in November.

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Tata Power Wins Bid For Two Orissa Discoms; Stock Gains Nearly 1%

The proposed sale of WESCO Utility and SOUTHCO Utility to Tata Power will be through the formation of a Special Purpose Vehicle (SPV) entity

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iMobile Pay From ICICI Bank India's First App Offering Banking Services For All

Customers of any bank can link their bank account, generate a UPI ID and start paying and shopping immediately

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Tata Chemicals Surges 7%, Hits 52-Week High After Tata Sons Raises Stake

Tata Sons on Friday bought over 25.71 lakh shares at Rs 471.88 from the open market representing 1 per cent equity stake.

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Kotak Mahindra Asset Management Launches International REIT Fund Of Funds

The new fund offer (NFO) opened for subscription on Monday, December 7. and will close on December 21

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Tata Consumer Products To Sell MAP Coffee Business

Earth Rules Pty Ltd, Australia, a step-down subsidiary of the company, has entered into an asset sale and purchase agreement on December 5, 2020, for the sale of MAP Coffee Business to Buccheri Group.

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Pfizer Clarifies Covid-19 Vaccine Storage Concerns for India Market

Pfizer requires a temperature of minus 70 degrees Celsius for its Covid-19 vaccine

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ONGC Surges 5% After Its Overseas Arm Strikes Oil In Colombia

Shares of the state-run oil exploration company - Oil and Natural Gas Corporation (ONGC) - rose as much as 4.61 per cent to hit an intraday high of Rs 94 on the BSE

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New Wipro CEO Drives Stock Up 70% Without Stepping Into Office

Thierry Delaporte, chief executive officer, Wipro, slashed the top ranks of leadership from 25 people to four and stepped up acquisitions, with more on the way

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Nifty Touches 13,300 For First Time As Markets Soar To Record Highs

Share Market Latest Updates: The NSE Nifty 50 benchmark began the day at 13,264.85, up 6.30 points or 0.05 per cent from its previous close

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Stocks To Watch In Trade Today: Pfizer India, Reliance Industries, Tata Consumer

Pfizer India shares are likely be in the limelight after Pfizer became the first pharma company to seek an emergency use authorisation from DCGI for its covid-19 vaccine in India

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Petrol, Diesel Prices Touch Two-Year Highs After Seventh Straight Hike

In Delhi, the price of petrol was hiked by 30 paise to Rs 83.71 per litre and diesel increased by 26 paise to Rs 73.87 per litre, according Indian Oil Corporation

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Sensex, Nifty Likely To Open Lower

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 per cent to 643.1 points, Japan's Nikkei added 0.1 per cent and Australian shares climbed 0.8 per cent

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Need To Get A PAN Card? Here's All You Need To Know

PAN Card: Furnishing a PAN is required for carrying out a range of tasks, such as opening a bank account or a demat account, or making large transactions.

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States Select Centre's Borrowing Option 1 To Meet GST Shortfall

All the 28 States and 3 Union Territories with legislature have decided to go for Option-1 to meet the revenue shortfall arising out of the GST implementation.

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How To Lock/Unlock Aadhaar Card Biometrics

Aadhaar Card: Once engaged, the Aadhaar biometrics lock dismisses any attempts to authenticate an individual's identity using the data, according to UIDAI

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How To Retrieve Lost Aadhaar Enrolment ID

Users can retrieve a lost EID or Aadhaar number online, using either the UIDAI website, uidai.gov.in, or mobile app mAadhaar

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All You Need To Know About Atal Pension Scheme

Atal Pension Yojana (APY) is a government-run pension scheme focused on unorganised sector workers which enables subscribers to earn a fixed monthly pension to the tune of Rs 1,000-5,000 upon...

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Government Plans To Allow Relinquished Coal-Fired Plants To Sell Power

If approved, the plan would help old coal plants earn additional revenue, increase liquidity in short-term power markets and help distribution companies in states access cheaper power

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Petrol Price Hiked To Rs 83.41/Litre In Delhi, Diesel At Rs 73.61/Litre

Fuel Price in India Today: Currently, state-owned oil marketing firms review the fuel prices on a daily basis, and implement any changes with effect from 6 am

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Gold Demand Subdued Across Major Hubs As Premium Slips

Gold demand moderated this week after local prices recovered from a five-month trough, while buyers in other major hubs were also put off by a slight uptick in prices

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IRDAI Clarifies On Revision In Health Insurance Premium

The Insurance Regulatory and Development Authority of India clarified that insurers were permitted to change the base premium after approvals

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Credit Growth Of Banks Remains Flat In Near Term: Report

Bank credit growth was also supported by disbursements under the emergency credit line guarantee scheme which has been extended further till March 31, 2021

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Check Interest Rates Offered By State Bank Of India On Fixed Deposits

State Bank of India's Interest Rates on Retail FDs: The country's largest lender by assets, provides eight maturity options for FDsup to Rs 2 crore

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Bullet Train Project: Tender Invited For Delhi-Amritsar High-Speed Rail

Bullet Train Project: The 459 km long Delhi-Amritsar high-speed rail corridor will connect Ludhiana en route and aims to significantly reduce the travel time between the national capital and Amritsar

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Effective IP Regime Foundational To Achieving $1 Trillion Digital Economy

''An effective intellectual property regime is foundational to achieving India's goal of a $1 trillion digital economy'', said Nisha Biswal, head of US-India Business Council

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Here's How To Check PNR Status And Train Journey Details On WhatsApp

Real-Time PNR Status On Whatsapp: Mumbai-based startup Railofy has introduced a new feature which provides real-time PNR status and train journey information on WhatsApp

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Petrol, Diesel Prices Hiked For Fourth Day In A Row On Saturday

Fuel Price in India today: In the national capital, the price of petrol was hiked from Rs 82.66per litre to Rs 83.13 per litre, with, and diesel rateswere increased from Rs 73.07 per litre to Rs 73.32...

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Delhi High Court Clarifies Regulations 6,9 Of RBI FEMA Regulations

Delhi High Court passed a detailed judgement which clarified Regulation 6 and 9 of the RBI FEMA Regulations 2004 while disposing of Jindal Steel and Power Ltd petition and upholds transfer of money by...

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Contactless Card Limit Increased; Here's What It Means For You

RBI Monetary Policy Latest Updates: The central bank has increased the limit for contactless card payments from Rs 2,000 to Rs 5,000 per transaction

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Burger King IPO Subscribed Over 150 Times On Final Day Of Subscription

Burger King IPO was oversubscribed on the first day itself, making it the sixth IPO this year to be fully subscribed on the first day of bidding

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ICICI Bank Offers These Interest Rates Annually On Fixed Deposits

ICICI Bank offers 17 maturity options with varied interest rates on fixed deposits up to Rs 2 crore with an option of pre-mature withdrawal.

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Monetary Policy Review Largely A Non-Event: Economists On RBI's Statement

RBI Policy Latest Updates: Here's what economists say on the Reserve Bank of India's Monetary Policy Review

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UK Bets On Millions Of Pfizer-BioNTech Vaccine Doses This Year: Minister

Britain has used an emergency approval process to jump ahead of the EU and US in rollout plans of the vaccine

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