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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 to remain choppy

The market breadth was negative as about 1,285 shares declined against 1,149 advancing shares on the BSE.

17 July 2019 7:21 AM IST

The bike is likely to be launched by June 2019.

2-wheeler, commercial vehicle inventory rising: FADA

However, in the April-June quarter PV sales dropped only by one per cent at 7,28,785 units, down from 7,36,290 units...

17 July 2019 7:17 AM IST

Retail, utilities, metals, real estate and consumer were the top sectors witnessing an increase in value month on month.

Private banks' share in Mutual fund holdings nears 20 per cent

Mutual funds have now also started buying the Small-Cap and Mid-Cap stocks selectively, said another report.

17 July 2019 7:12 AM IST

Once activated, the in-app SOS button generates a trigger alert to OYOs Safety Response Team with the guest, booking, location and emergency contact details.

Oyo buys Innov8 to enter commercial real estate

Though the company did not disclose the deal size, sources said that it could be a $30 million all-stock deal.

17 July 2019 7:07 AM IST

Life Insurance companies are expected to report strong first quarter earnings, as the individual new business premium (NBP) growth for them has been over 30 per cent.

Life insurers set to report strong quarter

Policies sold rose 8.4 per cent YoY in June 2019, while the retail APE ticket size fell by 7.7 per cent YoY.

17 July 2019 7:05 AM IST

Cotton yarn mills are cutting down production due to lower demand from both domestic and export markets.

Cotton yarn mills cut output as orders dry up

Almost 60 per cent yarn mills, which are largely small and medium units, have cut their production.

17 July 2019 7:01 AM IST

After the Russian company acquired Essar Oils assets, including its fuel retail outlets, about two years back, Nayara is making ambitious plans to increase its fuel retails to over 7,000 by 2020.

Nayara Energy to enter petchem, expand fuel outlets

With the expansion plans, Nayara will remain the largest private fuel retailer in the country.

17 July 2019 6:56 AM IST

The Income Tax (IT) department on Wednesday announced that a dress code is being imposed upon its employees through the rollout of Operation Dress Code.

No change in ITR forms, only utility software updated: CBDT

IT Dept issued a statement saying the updating process of these forms' utility software does not hamper filing of...

16 July 2019 10:10 PM IST

DHFL stock plunged more than 3.5 per cent on Tuesday on reports that the MHA had issued a lookout notice against the promoters of the company over non-existent shell companies.

NSE to exclude DHFL shares from equity derivatives segment from Sept...

DHFL had said the developments in past few quarters threaten its ability to continue as a going-concern.

16 July 2019 7:34 PM IST

Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)

No changes planned in multi-brand FDI policy: Piyush Goyal

On multi-brand retail we are very clear as of now it's a 49 pc restriction for foreign investment, Goyal said.

16 July 2019 7:23 PM IST

On observing certain irregularities and fraudulent activities, Sebi passed an interim order against the company and its promoters in December 2011 and passed a final order in December 2013.

Sebi provides new format for compliance report on corporate governance

In a circular, Sebi prescribed new format for disclosures to be made on quarterly basis, annual basis for whole...

16 July 2019 7:14 PM IST

The missile can target aircrafts flying at 18 km altitude and has a range of 30 km, a Defence Ministry statement said. (Photo: ANI)

Expect Rs 25,000-crore order book by 2024: Defence PSU

Barring one export order, all others came from the Indian defence forces, said Bharat Dynamics Ltd CMD Siddharth Mishra.

16 July 2019 6:26 PM IST