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NSE drops plans to sell 'loss-making' Power Exchange India Limited

Move comes after finalising buyers, trading still remains low

22 Feb 2018 1:43 pm
PNB fraud: Nirav Modi's Rolls Royce, Porsche seized; top 10 developments

The ED has frozen mutual funds and shares worth Rs 945.2 mn of the Nirav Modi and Mehul Choksi groups of companies

22 Feb 2018 1:29 pm
February set to worst F&O series since November 2016; bank stocks worst hit

In November 2016, Nifty recorded 7.5% fall in the F&O series, after the government announced the demonetisation of all Rs 500 and Rs 1,000 banknotes earlier that month

22 Feb 2018 1:23 pm
Lottery for Modicare? A CEO's idea to garner funds for the proposed scheme

A leading lottery distributor has suggested the government to streamline lotteries in the country to garner funds for the proposed scheme

22 Feb 2018 12:48 pm
Indian state oil refiners see strong margins for 2018

MUMBAI/NEW DELHI (Reuters) - India state refiners expect their profit margins to hold their strength this year as demand growth accelerates for fuel products amid a record $93 billion spent on infrastructure and stable crude oil prices, company ...

22 Feb 2018 12:31 pm
Khalistani terrorist's invite to Trudeau dinner nixed: Top 10 developments

The Canadian High Commission on Thursday confirmed that the invitation given to a Khalistani terrorist for Prime Minister Justin Trudeau's reception had been rescinded

22 Feb 2018 12:21 pm
Adani may sell stake in Australia Carmichael Coal mine amid funding delay

The financing delay is the latest hurdle for Adani, adding pressure to its ambition to deliver the first coal production from the mine by 2020

22 Feb 2018 11:57 am
Delhi sealing: How a world-class city was turned into an urban mess

The city has lost its way and answers can come only through a cooperative decision making system, not a competing one

22 Feb 2018 11:52 am
Sebi may tighten AIF regulations to better monitor the source of funding

he regulator may also conduct regulatory audits on the AIFs to examine the fund sourcing arrangements it has entered into with its investors to ensure that the present regulations are not violated

22 Feb 2018 11:51 am
PNB fraud: Modi, Choksi face ED's wrath; assets worth Rs 1 bn frozen

ED has also seized nine luxury cars belonging to Nirav Modi and his companies

22 Feb 2018 11:47 am
Ipca Labs hits 52-week high; up 21% in 11 days post Q3 results

The stock hit a 52-week high of Rs 671, up 5% on the BSE in otherwise weak market.

22 Feb 2018 11:37 am
Realty & its complexities: Trump Jr may be too much for scandal-weary India

Trump Jr. and his ethics-free royal progress stand out even in today's India; it may be completely out of step with tomorrow's.

22 Feb 2018 11:11 am
Gitanjali tanks 61% in seven days, PC Jeweller plunges 42% in one month

Gitanjali Gems is locked in lower circuit for the sixth straight trading sessions, down 5% at Rs 26.10, also its fresh low on the BSE.

22 Feb 2018 10:56 am
Sensex can dip to 30k; PNB scam dents investors' confidence: Marc Faber

In the case of the recent fraud at PNB, it does not impact the economy, but it does impact the confidence in the country's financial system

22 Feb 2018 10:18 am
PFC, REC shares hit 52-week lows

Thus far in the calendar year 2018, PFC was down 14% and REC by 13%, as compared to less than 1% fall in the Sensex.

22 Feb 2018 10:03 am
Delhi chief secy row: Prakash attacked by blunt weapon; top 10 developments

A Delhi court on Wednesday sent two AAP MLAs -- Amanatullah Khan and Prakash Jarwal -- who were arrested on charges of assaulting the Delhi chief secretary -- in judicial custody till Thursday

22 Feb 2018 9:49 am
SC to supervise Amrapali projects; wants info on 47 towers, buyers' money

The firm has sought permission of the court to rope in other builders to complete its various housing projects and hand over possession of flats to the hassled homebuyers

22 Feb 2018 9:44 am
FRDI Bill: Govt's panacea for banking sector headed for a quiet burial?

If the Bill is junked, it would face a fate similar to a Bill proposed by the Atal Bihari Vajpayee government in 2000 to privatize PSBs

22 Feb 2018 9:28 am
Pak proxy war causing planned Bangladeshi influx into Northeast: Army chief

Rawat also said that AIUDF has grown in a faster time-frame than the BJP grew over the year

22 Feb 2018 9:23 am
Bond rout may not be enough for India to let more foreigners in

The Reserve Bank of India is expected to review the cap on foreign investment in rupee notes, currently set at around 5 percent, in March or April

22 Feb 2018 8:39 am
22 Feb 2018 8:15 am
Kamal Haasan's party 'Makkal Needhi Maiam' launched: Top 10 developments

Delhi CM Arvind Kejriwal declared that Kamal Haasan's newly launched political party would break the record of AAP in winning the majority of seats in Tamil Nadu

22 Feb 2018 8:14 am
Arm teachers with guns: Trump's suggestion to prevent school shootings

Trump suggested that some teachers could be trained in the use of firearms as a deterrent to would-be gunmen

22 Feb 2018 8:09 am
UK's energy drinks co in talks to buy Mallya's formula one team for $245 mn

Trump's Force India had finished fourth in the Formula One Constructor's Championship in 2017

22 Feb 2018 8:03 am
Xiaomi Redmi Note 5, Note 5 Pro sale begins today on Flipkart, Mi Store

At Rs 16,999 for the 6GB RAM and 64GB internal storage varia, the Redmi Note 5 Pro seems a little overpriced. On the other hand, the Redmi Note 5 is priced competitively at Rs 9,999 for the base model

22 Feb 2018 7:45 am
Nirav Modi scam: PNB adopts strict SWIFT controls after $1.8 bn fraud case

The new measures mean only PNB officers will be able to initiate messages on SWIFT, taking away the authority of clerks to do so.

22 Feb 2018 7:38 am
PNB scam: DGFT to examine violations by Nirav Modi, Mehul Choksi firms

The DGFT grants an advanced licence to companies for availing of benefits under duty exemption schemes

22 Feb 2018 6:50 am
PNB fraud: ED asks Sebi to freeze Mehul Choksi's Gitanjali shares

Enforcement agencies ask Sebi to direct depositories

22 Feb 2018 6:42 am
PNB 114 billion scam: Govt weighs bank's recapitalisation hike

Lender may also be put under RBI's prompt corrective action framework

22 Feb 2018 6:40 am
Today's picks: From HCL Tech to Hindalco, hot stocks to watch on Thursday

Nifty, Bank Nifty, HCL Technologies, Hindalco, UPL

22 Feb 2018 6:30 am
Global Markets: Asia stocks slip as U.S. rate risk lifts bond yields

SYDNEY (Reuters) - Asian shares slipped on Thursday as the risk of faster hikes in U.S interest rates lifted short-term Treasury yields to the highest in almost a decade and boosted the dollar.

22 Feb 2018 6:27 am
HTC U11 Plus review: Pricier, but full of surprises for multimedia fanatics

The U11 Plus can be a perfect choice if you are looking for a premium smartphone with brilliant camera, incredible audio output, consistent performance, top-of-the-line innards, ample storage and RAM

22 Feb 2018 6:21 am
Budget proposal to cut women's PF contribution to 8% faces opposition

While trade unions argued that the move will hit the social security savings of workers, employers said it would not incentivise them to hire more women employees

22 Feb 2018 5:57 am
Most of top equity schemes underperform in latest market correction

The sharp slide in stocks of public sector banks (PSBs) has put fund managers in a fix

22 Feb 2018 5:50 am
Auction of Delhi's iconic Taj Mansingh hotel put off for third time

According to NDMC official, apart from Taj Mansingh, two other Delhi hotels - Hotel Connaught and Asian Hotel - will also be auctioned on March 7

22 Feb 2018 5:45 am
News digest: PNB recap, Nirav Modi in DGFT dock, Modicare, and more

Insurers have told the govt that Modicare's pricing pattern is 'highly inadequate'

22 Feb 2018 1:55 am
Creditors reject Liberty House bid for Bhushan Power and Steel

Tata Steel and JSW Steel in the race for taking over the assets of the bankrupt firm

22 Feb 2018 1:21 am
India falls two slots on global corruption index

Condition of journos worse in corrupt nations, says index

22 Feb 2018 12:55 am
Loans will be disbursed based on data, says Nandan Nilekani

Nilekani said the data available in the GST system could be the basis of credit.

22 Feb 2018 12:37 am
I-T dept questions PNB chief again; bank board to meet on February 26

The board meeting comes at a time when Arun Jaitley has come down heavily on PNB's management for its failure to check the fraud

22 Feb 2018 12:25 am
Bonds drop, call rates turn lower on selling pressure from banks

The 7.17% 10-year benchmark bond maturing in 2028 dipped to Rs 96.30 from Rs 96.58, while its yield edged up to 7.71% from 7.67%

21 Feb 2018 10:22 pm
Scam-hit PNB to move out of Nifty Midcap 100 index

PNB is among the 46 companies that will be excluded from the Nifty free float Midcap 100 index

21 Feb 2018 10:06 pm
Despite liberalisation, power demand to sustain Coal India's dominance

Coal India is confident of their current market dominance where it controls 80% of country's energy needs

21 Feb 2018 10:05 pm
Output cap imposed by Maharashtra govt hits chemicals' producers

An estimated 20 million tonnes of plastic is used daily life, with at least 50,000 units engaged in this and 4 million people being dependent on this industry

21 Feb 2018 10:02 pm
PNB scam: Nirav Modi sole culprit, says wife of accused Firestar official

Nirav Modi's Firestar Diamond President Vipul Ambani is also one of the detainees sent to police custody

21 Feb 2018 9:37 pm
Corrections against strong macro backdrop are short-lived: Luis Valdes

For global equities, 2017 was a favourable year and it helped fuel assets under management and flows: Principal International President and CEO

21 Feb 2018 9:29 pm
Stock exchanges try to assuage concerns after MSCI warning

Say will engage with various stakeholders to address any fears of the move to end data-feed tie-up with foreign exchanges

21 Feb 2018 9:29 pm
Bajaj Finserv, Grasim and Titan to be part of Nifty 50 index from April 2

The three companies were being added as a substitute for Ambuja Cements, Aurobindo Pharma and Bosch; PNB has been excluded from the Nifty Mid-cap index

21 Feb 2018 9:25 pm
Over 5.5 million GST returns filed in January, says GSTN chairman

In December, 5.63 million GSTR-3B were filed which fetched Rs 8.6 billion revenue to the exchequer

21 Feb 2018 9:14 pm
TCS, Infy, HDFC help Sensex, Nifty end higher after three losing sessions

Stock prices have been under pressure due to a global rout and the Rs 114 billion fraud in the Indian banking sector

21 Feb 2018 8:56 pm