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The Sensex fell 334.44 points or 0.82 per cent to settle at 40,445, while Nifty shed 96.90 points or 0.81 per cent to close at 11,921.50.

Nifty-50 at new high as hopes soar

The Nifty crossed the 12,300-mark and touched a new peak of 12,311.20.

11 Jan 2020 1:24 AM IST

Auto stocks are buzzing and are on a path of recovery after the huge price fall, as brokerages and analysts see a pick-up in automobile sales in the second half of the financial year on the back festive season demand and good monsoon rains.

2019 saw worst decline in auto sales

Undoubtedly, this is the worst fall in sales since the industry body started recording monthly and yearly sales data in...

11 Jan 2020 1:23 AM IST

Trump says China trade deal may be signed shortly after Jan 15

Liu will visit Washington from January 13-15, said Gao Feng, spokesman at the commerce ministry.

10 Jan 2020 4:02 PM IST

Acko uses a direct-to-consumer approach for distributing motor insurance, allowing for favourable risk selection and superior underwriting.

Acko's new inclusive HR policy extends benefits to partners of LGBTIQ...

Acko joins just a handful of Indian startups who are taking measures to create a diverse and inclusive workplace for...

10 Jan 2020 1:50 PM IST

Indian overseas bank

Govt raises authorised capital of Indian Overseas Bank to Rs 25,000 cr

Shares of the bank were trading at Rs 11.30 apiece on the BSE.

10 Jan 2020 1:26 PM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

RBI announces auction of 63-day Govt of India Cash Management Bill

Cash Management Bills are short term bills issued by the central government to meet its immediate cash needs.

10 Jan 2020 1:09 PM IST

Cyrus Mistry. (Photo: File)

SC stays NCLAT order restoring Cyrus Mistry as chairman of Tata Group

TSPL challenged the December 18 decision of NCLAT that gave a big relief to Cyrus Investment Pvt Ltd and Mistry.

10 Jan 2020 12:25 PM IST

Indian economy is and will become even more exposed to risks of supply disruptions, geopolitical uncertainties and the volatility of oil prices.

India's oil demand growth set to overtake China by mid-2020s: IEA

India's oil demand is expected to reach 6 million barrels per day (bpd) by 2024 from 4.4 million bpd in 2017.

10 Jan 2020 11:38 AM IST

Zomatos top shareholder Info Edge (India) Ltd said in a filing on Friday that after the funding its stake will drop to about 25.13 per cent.

Zomato to raise USD 150 million from investor Ant Financial

Zomato confirmed that the USD 150 million fundraise was part of a larger round, but did not give further details.

10 Jan 2020 11:32 AM IST

Maruti Suzuki India (MSI) is quietly gaining presence in the light commercial vehicle (LCV) space with its Super Carry mini-truck registering over ten-fold jump in sales in 2017-18.

India reviewing anti-trust complaint against Maruti Suzuki: sources

Indian law says such practices are anti-competitive if they end up stifling competition and limiting consumer choices.

10 Jan 2020 10:21 AM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Sensex rises nearly 200 points, Nifty tests 12,250

After hitting a high of 41,647.60, the 30-share BSE index was trading 124.70 points or 0.30 per cent higher at...

10 Jan 2020 10:11 AM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Rupee gains 7 paise amid easing oil prices

At the interbank foreign exchange market, the rupee opened marginally lower at 71.25.

10 Jan 2020 10:07 AM IST