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In the international market also, gold prices were trading higher at USD 1,502 an ounce and silver at USD 17.71 per ounce.Business
Gold demand to remain positive in 2020: WGC

Net gold purchases by central banks will likely remain robust even if they are lower than the record highs seen in...

18 Jan 2020 1:34 AM IST

Shares of Yes Bank jumped 35 per cent before closing with gains of 24 per cent after the lender informed the exchanges that it has received a $1.2 billion binding offer (around Rs 8500 crore) from a global investor. The bank is yet to consider the offer, it said.Business
Moody's places Yes Bank's ratings under review; direction uncertain

Moody's has downgraded Yes Bank's Baseline Credit Assessment (BCA) and adjusted BCA to caa2 from b3.

17 Jan 2020 12:22 PM IST

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.Business
Jet Airways to sell Netherlands biz to KLM

The domestic full-service carrier, which shuttered operations last April, is undergoing insolvency resolution process.

17 Jan 2020 10:54 AM IST

Over the last week, the 30-share BSE Sensex zoomed 1,106.97 points or 2.83 per cent. (Photo: File)Business
Sensex, Nifty off to choppy start; RIL up 2 pc ahead of Q2 results

The 30-share BSE index was trading 3.68 points or 0.01 per cent lower at 41,928.88.

17 Jan 2020 10:31 AM IST

Sebi Chairman Ajay Tyagi said compliance to the corporate governance should be on a principled basis and not merely from a \tick-mark\ perspective where a company only looks at mandated requirements.Business
Exchanges can launch options in goods

The exchanges should also augment their monitoring and surveillance capacity, Sebi said.

17 Jan 2020 2:36 AM IST

Supreme Court of India (Photo: File)Business
Telcos get no relief from Supreme Court

Bharti Airtel said it was disappointed with the Supreme Court's decision and it would evaluate filing another petition.

17 Jan 2020 2:34 AM IST

Jeff Bezos, founder and CEO of Amazon.comBusiness
Amazon chief says to invest USD 1 bn in digitizing small businesses in...

Amazon has committed USD 5.5 billion in India investments and sees the country as a key growth market.

15 Jan 2020 1:13 PM IST

The expansion is a big step to uplift the retail business in that region.Business
ePaisa expands its POS solution in the West Bengal market

The cloud-based POS comes with the new Retail OS with much more upgraded features.

15 Jan 2020 11:23 AM IST

FMCG firm Wipro Consumer Care and Lighting on Thursday said it plans to invest Rs 220 crore to set up a new manufacturing facility for personal care products in Telangana.Business
Wipro reports 2.2 pc dip in Q3 net income at Rs 2,460 crore

The IT services segment revenue was at 2.09 billion dollars, marking a sequential growth of 2.2 per cent.

15 Jan 2020 11:17 AM IST

Once the suspension orders are lifted, our services will be fully up and running, an Airtel customer care executive said. (Photo: PTI)Business
Airtel special committee clears issue price of USD 3 bn fund raising

The issue price was at a discount of 1.57 per cent to the stated floor price of Rs 452.09 per equity share.

15 Jan 2020 11:11 AM IST

The Indian rupee is totally correlated to the crude prices and as long as the crude remains above $70, the rupee will hold weak.Business
Rupee falls 14 paise, slips below 71 per US dollar

Traders said weak opening in domestic equities and foreign fund outflows weighed on the rupee.

15 Jan 2020 10:23 AM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.Business
RBI may put rate cuts on extended pause after spike in inflation

Economists said the MPC may watch for a possible reversal in food prices to see how inflation pans out in coming months.

15 Jan 2020 10:09 AM IST

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