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For the week, the Sensex lost 448.86 points, or 1.69 per cent, while the broader NSE Nifty dropped 153.70 points, or 1.88 per cent.

Sensex retreats from record high, falls 244 points

Nifty cracked below 10,500-mark to hit a low of 10,423.10 before settling 95.15 points, or 0.90 per cent down at...

1 Jan 2018 4:06 PM IST

The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

New helpline for income tax e-filing

Department has separate helpline numbers to take questions and queries on various other issues that a taxpayer faces.

1 Jan 2018 3:03 PM IST

IndusInd Bank Ltd has entered into exclusive talks to acquire microlender Bharat Financial Inclusion Ltd.

IndusInd Bank raises $500 million from overseas lenders

Private sector bank has concluded the syndicated term loan facility from a group of overseas investors.

1 Jan 2018 2:55 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Finance Ministry asks PSBs to consider selling, swapping loan assets

Swapping and selling assets will help banks to focus on their core competencies and trim their burden.

1 Jan 2018 2:33 PM IST

Bandhan Bank plans to open another 60 branches over the next six months, said MD and CEO Chandra Shekhar Ghosh. Photo: Bandhan Bank website.

Bandhan Bank to offer 11.9 crore shares in IPO

IPO will consist of a fresh issue of up to 97,663,910 equity shares and an Offer for Sale of up to 14,050,780 equity...

1 Jan 2018 2:22 PM IST

Hyundai sells several low-priced vehicles in India, which could pose a challenge in terms of market positioning for Kia.

Hyundai sales up 10 pc in December at 62,899 units

Domestic sales of company, however, rose marginally to 40,158 units last month as compared to 40,057 units.

1 Jan 2018 11:35 AM IST

Maruti Suzuki India

Maruti December sales up 10.3 per cent at 1,30,066 units

Sales of mini segment cars witnessed a 2 per cent rise to 32,146 units during the month.

1 Jan 2018 11:14 AM IST

Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)

Gold futures drop marginally by 0.07 per cent

Gold is trading at Rs 29,165 per 10 grams today as speculators cut positions.

1 Jan 2018 11:05 AM IST

All mobile companies have put up their interconnection towers on private properties for which they pay monthly rentals.

DoT to issue notice to five telcos to recover Rs 2,578 crore

CAG observed that telecom operators deducted discounts offered to dealers and customers; free talktime.

1 Jan 2018 10:58 AM IST

Union Road Transport and Shipping Minister Nitin Gadkari. (Photo: PTI)

India to have 10,000 seaplanes; e-highways on anvil: Gadkari

Ministry also plans to train about 3.5 lakh workers under the skill development programme for highways.

1 Jan 2018 10:52 AM IST

On a weekly basis, the Sensex rallied 358.06 points, or 1.28 per cent, and the Nifty 99.70 points, or 1.15 per cent.

Sensex begins 2018 on negative note, down 18 points

30-share index, which had gained 208.80 points in the previous session, fell 18.19 points in early trade.

1 Jan 2018 9:48 AM IST

Positive start for domestic stock markets lent support to rupee. (Photo: PTI)

Rupee starts 2018 on a better note, up 5 paise against dollar

Rupee is trading at 63.82 against dollar on the first trading day of 2018.

1 Jan 2018 9:42 AM IST