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ITC shares rose as much as 5.5 percent in early trade to a record high of 292.15 rupees after news of the sale.

ITC's stake sold by government for 6,700 crore

SUUTI which owned 11.12 percent pared the stake via block deals in the market.

7 Feb 2017 12:42 PM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Sensex down by 62 points, Nifty below 8,800

NSE 50-share Nifty was also down 21.05 points, or 0.24 per cent, at 8,780

7 Feb 2017 11:55 AM IST

NSE Nifty slipped below the key 8,800-mark by falling 11.65 points, or 0.13 per cent, at 8,789.40.

Sensex falls to 28,414.48 in early morning trade

Profit-booking by investors after recent gains, weak trend in overseas markets triggers fall.

7 Feb 2017 10:10 AM IST

For the past few days, the rupee continued to outshine the US dollar and ended at a nearly 3-month high of 67.22 yesterday.

Rupee turns weak against Dollar in early trade

Rupee dropped by 13 paise at forex market today on fresh demand for the USD from importers.

7 Feb 2017 10:08 AM IST

SC orders attachment of Aamby Valley project

Bench noted that Aamby Valley was itself substantial enough for the recovery of the amount.

7 Feb 2017 6:20 AM IST

Tata Sons ousts director Cyrus Mistry

Mistry's ouster was on expected lines; Big questions remain on his future action.

7 Feb 2017 6:14 AM IST

FIPB takes a call on proposals for FDI in ocuntry.

India attracted $32.5 bn FDI during April-Nov

Government reviews FDI policy on an ongoing basis and significant changes are made in the FDI policy regime.

6 Feb 2017 8:07 PM IST

Commerce and Industry Minister Nirmala Sitharaman

Sitharaman to meet with industry on US visa issue

India is closely monitoring the developments and is constantly in touch with the councillor office in the US.

6 Feb 2017 6:25 PM IST

Reduction in MCLR is expected to positively impact loan growth.

State-run IDBI Bank reduces MCLR by 30-35 bps

Bank has reduced its minimum lending rate to 8.20 per cent from 8.50 per cent.

6 Feb 2017 6:16 PM IST

American economist Steve H Hanke.

Demonetisation is for losers: Steve H Hanke

Demonetisation will have significant implications for GDP, reducing 2016-17 growth by 0.25 to 0.50 percentage points.

6 Feb 2017 5:34 PM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Sensex hits 4-month high, up 199 points

NSE Nifty regained control of the 8,800-mark and added 60.10 points, or 0.69 per cent, at 8,801.05 at the close.

6 Feb 2017 5:20 PM IST

Snapdeal co-founder and CEO Kunal Bahl

Snapdeal looks to turn profitable in two years

Snapdeal CEO Kunal Bahl said e-commerce firm does not need to raise capital unless it makes an acquisition.

6 Feb 2017 5:12 PM IST