Home » Business

Business - Page 19

The LIC IPO would be the biggest IPO in the history of Indian stock market. (Photo: PTI)

Sebi approves LIC draft papers; clears decks for mega IPO

The IPO is offer for sale (OFS) by Government of India and there will be no fresh issue of shares by LIC

9 March 2022 2:47 PM IST

In spite of a correction of around 17 per cent from the peak in Sesnex and Nifty, the FPIs continue to sell since market sentiments have been impacted globally by the uncertainty triggered by the war and the surge in crude, said V. K. Vijayakumar, chief investment strategist, Geojit Financial Services. Representational image/DC

FPIs sell Rs 1-L cr equities in 2022

Depreciation of the rupee to an all-time low versus US dollar seems to be another factor that has accelerated selling by...

9 March 2022 9:53 AM IST

However, like most financial instruments, add-on credit cards comes with its share of pros and cons.

Credit card spends, transactions decline in January

All large players reported a decline in monthly spends per card with the highest fall seen by IndusInd Bank

9 March 2022 9:45 AM IST

A view of the central square following shelling of the City Hall building in Kharkiv, Ukraine, Tuesday, March 1, 2022. Russia on Tuesday stepped up shelling of Kharkiv, Ukraines second-largest city, pounding civilian targets there. Casualties mounted and reports emerged that more than 70 Ukrainian soldiers were killed after Russian artillery recently hit a military base in Okhtyrka, a city between Kharkiv and Kyiv, the capital. AP/PTI

LME shuts nickel market over price-surge; MCX may follow suit

Tuesday's price surge came after state-owned China Construction Bank was granted more time to pay margin calls

9 March 2022 9:38 AM IST

Payments on UPI in June hit an all-time high. (PTI Photo)

RBI launches UPI for feature-phone users

UPI is gaining popularity and is becoming one of the most preferred methods of digital transactions in India

9 March 2022 9:36 AM IST

Pre-bookings are now open. The Virtus will also replace the ageing Vento sedan in India. Twitter

Virtus to replace Volkswagen Vento

Expected to be priced at Rs 10 lakh to Rs 13 lakh, Virtus competes with the Skoda Slavia, Maruti Suzuki Ciaz, Honda City...

9 March 2022 9:32 AM IST

Sensex surges nearly 400 pts in early trade; Nifty tops 11,500. (PTI Photo)

Sensex, Nifty fall for fifth straight session on weak global trends,...

The 30-share BSE Sensex opened on a weak note and further tumbled 432.36 points

8 March 2022 10:34 AM IST

The LIC IPO was expected to hit the market this month. (Photo: PTI)

Govt may defer LIC IPO to next fiscal amid Ukraine crisis: Experts

The government was looking to sell 5 per cent stake in LIC this month, which could have fetched over Rs 60,000 crore to...

6 March 2022 1:15 PM IST

Sensex surges nearly 400 pts in early trade; Nifty tops 11,500. (PTI Photo)

Sensex tumbles 1,214 points; banking, auto stocks worst hit

The stocks have tumbled for the third straight day on negative cues from the global equities amid the ongoing...

4 March 2022 1:34 PM IST

The LIC IPO was expected to hit the market this month. (Photo: PTI)

Ukraine crisis: Govt may defer LIC IPO

The government was expecting to garner Rs 63,000 crore by selling 5 per cent stake in the life insurance firm

2 March 2022 3:58 PM IST

The increase took rates across the country to fresh highs with Tamil Nadu becoming the latest state to see petrol cross Rs 100-a-litre mark. (PTI Photo)

Petrol, diesel price hikes to restart from next week

International crude oil prices shot above USD 110 a barrel for the first time since mid-2014

2 March 2022 1:07 PM IST

As the Sensex and Nifty-50 traded at an all time high on Wednesday before some profit taking, further profit taking could continue on Friday and may well set a reversal after sharp gains in the first half of August. Representational Image. (Twitter)

Sensex slumps over 600 pts in early trade; Nifty slips below 16,650...

Besides, surging international crude prices and unabated foreign capital outflows weighed on investor sentiment

2 March 2022 10:44 AM IST