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Gartner predicts AI-enabled PPM will begin to surface in the market sometime this year. (Photo: Pixabay)

Market to remain range-bound; focus on macro data, rates

On the other hand, Q4 result started on a weak note as results from financial sector disappointed investors.

3 Jun 2019 3:13 AM IST

Sugar prices in the domestic market were hovering around Rs 31,000/MT in April, 2019 (ex-mill, UP). Prices have recovered and now stand at Rs 33,000- Rs 33,500/MT.

Sugar dearer on cane availability concerns

Consider what Sabyasachi Majumdar, Senior Vice President & Group Head, Corporate Ratings, Icra, has to say about this.

3 Jun 2019 3:03 AM IST

The Federation of Auto-mobile Dealers Association or FADA, the apex body of the lobby, said the inventory levels have come down, but are still high by its estimate.

Inventory levels still high with dealers

Sales at M&M, India's second biggest utility vehicle maker, also fell 1 per cent at 20,608 units, down from 20,715 units...

3 Jun 2019 3:00 AM IST

As the probe of IL&FS fraud, committed likely by its in-house top honchos, is taking an aggressive turn, the Ministry of Corporate Affairs-led investigating agency Serious Fraud Investigation Office (SFIO) is mulling interim attachment of all movable and immovable assets of auditors, independent directors and other top officials.

SFIO may attach assets of IL&FS honchos, auditors

The SFIO's first charge-sheet came on IFIN, the first subsidiary of IL&FS, which is proved to be a gateway to this huge...

3 Jun 2019 2:55 AM IST

Reserve Bank of India (RBI)

RBI may keep rates on hold this time

Weak monetary policy transmission could be a major concern when the MPC meets for 3 days from today.

3 Jun 2019 2:48 AM IST

GSK India said that the company is conducting a strategic review of its nutrition brands in India and expects to conclude the process by 2018. (Photo: AP)

GSK Consumers Healthcare gets shareholders' approval for merger with...

The company has received 99.99 per cent votes in favour of the scheme of amalgamation among GSK Consumers Healthcare and...

2 Jun 2019 5:32 PM IST

Shares of Bank of Baroda was trading 0.25 per cent up at Rs 138.95 on BSE.

BoB proposes to raise Rs 11,900 cr through share sale in FY'20

The bank expects to garner Rs 1,500 crore from Bank of Baroda Employee Share Purchase Scheme.

2 Jun 2019 5:23 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

ONGC topples IOC to regain most profitable PSU tag

Oil and Natural Gas Corp reported a 34 per cent jump its in 2018-19 fiscal net profit to Rs 26,716 crore.

2 Jun 2019 5:01 PM IST

Hero MotoCorp, the countrys largest two-wheeler manufacturer, on Monday launched two new scooters ,called the Maestro Edge 125 and the Pleasure Plus 110, with starting prices of Rs 58,500 and Rs 47,300, respectively.

Hero MotoCorp May sales up 13.5 pc to over 6.5 lakh units

The company had sold about 5.7 lakh units in April 2019, it said in a BSE filing.

2 Jun 2019 4:39 PM IST

SpiceJets Chairman and Managing Director Ajay Singh. (Photo: ANi)

SpiceJet to hire up to 2,000 Jet Airways staff, says Ajay Singh

Currently, SpiceJet has around 14,000 staff and a fleet of 100 planes.

2 Jun 2019 3:20 PM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

FPIs remain buyers for fourth consecutive month; infuse Rs 9,031 cr in...

Interestingly, foreign investors were net sellers for the first three weeks of May, but became buyers ahead of election...

2 Jun 2019 1:53 PM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

RBI policy, macro data key for markets in holiday-shortened week:...

Official data showed that India's economic growth rate slowed to a five-year low of 5.8 per cent in January-March...

2 Jun 2019 12:20 PM IST