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The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Market's undertone still seen as positive

Financials and auto stocks led the list of top losers in Wednesday's trading while IT and Power stocks were gainers.

26 Sept 2019 2:06 AM IST

The Maruti Suzuki cars that will see a reduction in prices include Alto 800, Alto K10, Swift Diesel, Celerio, Baleno Diesel, Ignis, Dzire Diesel, Tour S Diesel, Vitara Brezza and S-Cross.

Maruti cuts prices to boost sales during festival season

The carmaker said the move was aimed at reviving demand by sharing the benefits of corporate tax reduction with its...

26 Sept 2019 2:03 AM IST

Sebi has begun looking into the matter for any possible disclosure and corporate governance-related lapses.

Sebi relaxes FPI norms; allows off-market transfer of securities

The new FPI regulations would come into force with immediate effect, the Sebi said in a notification issued on Monday.

25 Sept 2019 8:14 PM IST

Productivity in British low-paid jobs lags 20 to 30 per cent behind equivalent roles in Germany, France, the Netherlands and the United States.

14.24 lakh new jobs created in July: ESIC payroll data

Gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19, National Statistical Office said in a...

25 Sept 2019 7:43 PM IST

Govt reconstitutes Economic Advisory Council under Bibek Debroy

Government has reconstituted the EAC-PM for a period of two years with effect from September 26, 2019, said an official...

25 Sept 2019 7:19 PM IST

Uber France is facing criminal proceedings in a court in the northern French city of Lille for its UberPop service.

Uber to offer accident insurance to riders

Riders will be insured for up to Rs 5 lakh in case of accidental death or disability and up to Rs 2 lakh for...

25 Sept 2019 6:55 PM IST

Hackers used the global SWIFT bank messaging service to initiate a series of fraudulent transactions.

RBI rebuts social media rumours on closure of 9 banks

Finance secretary Rajiv Kumar discribed such social media messages as 'mischievous.'

25 Sept 2019 5:30 PM IST

Mukesh Ambani richest Indian with net worth of Rs 3,80,700 cr: Report

London-based SP Hinduja and family, with assets worth Rs 1,86,500 crore, retained the second rank in the list.

25 Sept 2019 4:14 PM IST

Prime Minister Narendra Modi unveiled a slew of incentives to boost startup businesses, offering them a tax holiday, inspector raj-free regime and capital gains tax exemption as part of the startup action plan.

Horses Stables saw 39 innovative start-ups pitching to panel of 8...

The increase in the percentage of successful pitches highlights that Horses Stables credibility is growing.

25 Sept 2019 3:55 PM 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 ends over 500 points lower; Nifty below 11,500

The 30-share index closed 503.62 points, or 1.29 per cent, lower at 38,593.52

25 Sept 2019 3:50 PM IST

Gold was available for $2 premium over and above the landed rate 15 days back. After the steep rise, it is now available for a discount of $14 per ounce, said Suresh Hundia, former President of the Bombay Bullion Association.

Gold rises by Rs 162 on lower rupee, higher global prices

The yellow metal for 24 Karat had closed at Rs 39,020 per 10 gram on Tuesday in the bullion market.

25 Sept 2019 3:42 PM IST

The previous largest deal was Lupins acquisition of Gavis Pharma and Novel Laboratories for $880 million in 2015.

Lupin ropes in Jon Stelzmiller to head US specialty business

Stelzmiller was most recently Senior Vice-President and General Manager, Women's Healthcare at Bayer.

25 Sept 2019 2:52 PM IST