Home » Business

Business - Page 349

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

Sensex rallies 337 points, Nifty reclaims 10,900 level

According to experts, regular news flow from the RBI and the finance ministry have helped to stabilise equity markets...

6 Sept 2019 4:04 PM IST

Considering the fact that the national unemployment percentage rate is 6.1 per cent, the laggard states led by Nagaland, Goa and Kerala have double the percentage of unemployed persons. (Representational Image)

Apr-Jun sees 13 pc rise in job seeker's background screening cases:...

According to background screening firm First Advantage, such verifications help in weeding out negative resources.

6 Sept 2019 3:37 PM IST

Auto players should take up GST rate cut demand with state FMs: MoS...

Automobile and component manufacturers have been seeking GST cut on automobiles to 18 per cent from 28 per cent

6 Sept 2019 3:09 PM IST

Indiabulls Real Estate posted a 95 per cent decline in its consolidated net profit at Rs 108.56 crore for the fourth quarter of the last fiscal as against Rs 2,181.13 crore in the year-ago period, according to a regulatory filing.

Indiabulls Housing Finance shares tank 10 pc amid reports of PIL...

The scrip tumbled 9.31 per cent to Rs 406.20 -- its 52-week low -- on the BSE.

6 Sept 2019 1:45 PM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Crude oil futures decline on weak trend overseas

Marketmen said the fall in prices was mostly due to trimming of positions by traders in tandem with a weak trend...

6 Sept 2019 1:34 PM IST

Auto component industry on Monday sought uniform 18 per cent GST across the sector stating that low taxation would lead to better compliance and larger tax base.

ACMA seeks uniform 18 per cent GST on all components

The auto components industry currently employs 50 lakh people and contributes 2.3 per cent to India's GDP.

6 Sept 2019 12:52 PM IST

Reliance rolls out JioFiber, offering minimum 100 Mpbs speed for Rs...

The broadband service will offer unlimited data, free voice calling to anywhere in India as well as TV video...

6 Sept 2019 11:26 AM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee rises 17 paise to 71.67 against USD in early trade

Forex traders said investors were optimistic about the US-China trade talks in October.

6 Sept 2019 11:06 AM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

Sensex jumps over 200 points; Tech Mahindra rallies 5 pc

After rising 223 points, the Sensex was trading 164.05 points, or 0.45 per cent, higher at 36,808.47 at 0930 hours.

6 Sept 2019 10:42 AM IST

IndusInd Bank was the top gainer in the Sensex pack, rising 2.68 per cent. ICICI Bank gained 2.68 per cent at close. Yes Bank, Tata Steel, SBI, TCS, L&T and Infosys also advanced. (Photo: File)

Nifty could rally to 10970 or even 11040

Technically, while the Nifty has ended flat, the underlying short term trend remains down.

6 Sept 2019 1:48 AM IST

Highways Ministry has asked the NHAI to enable all toll lines across NH network to process FASTag before December as it plans to allow only tagged vehicles to use the toll lanes.

Half of toll collections to come via e-transactions

Only one lane on each side will allow cash payment. This will further increase tag issuance.

6 Sept 2019 1:46 AM IST

Microfinance is growing at 48 per cent CAGR in the last five years, there is still room for growth given that microfinance penetration is 25 per cent of the addressable market, KPMG India national head (Financial Services) Gayathri Parthasarathy said in the report. (Photo: Representational)

HFCs take a beating after RBI's repo diktat

Banks are grappling with high deposit costs and are also burdened with about $150 billion in stressed assets.

6 Sept 2019 1:42 AM IST