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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.

Rupee slips 15 paise against dollar in early trade

The rupee opened weak at 69.77 at the interbank forex market and then fell further to 69.84.

29 May 2019 10:14 AM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex, Nifty turn choppy amid weak global cues

The broader NSE Nifty slipped 8.85 points, or 0.07 per cent, to 11,919.90.

29 May 2019 9:59 AM IST

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Bharti Telecom stake in Airtel comes down to 41.24 per cent

Bharti Telecom shareholding dropped to Rs 200.28 crore in May disclosure by Bharti Airtel.

29 May 2019 9:25 AM IST

IRL is a concept designed by Walmarts tech incubator Store No. 8, which runs several ventures to test new ideas in retail.

Walmart appoints Suresh Kumar as chief technology officer

The appointment comes at a time when Walmart is transforming its customer and associate experiences.

29 May 2019 9:21 AM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Oil prices fall as economic concerns outweigh supply risks

WTI crude futures were at USD 58.70 per barrel, down 44 cents, or 0.7 per cent, from their last settlement.

29 May 2019 8:28 AM IST

1,500 points swing was recorded in Sensex before it settled the day at 279.62 points, or 0.75 per cent lower at 36,841.60.

Further upsides to Nifty likely near-term

The NSE witnessed a large turnover of Rs 53,000 crore due to rebalancing of the MSCI Index effective from Wednesday.

29 May 2019 12:57 AM IST

China's Infinix bets on sub-10K phones

The brand has presence in 36 countries across emerging markets of Africa, Latin America, MENA region, South and South...

29 May 2019 12:53 AM 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.

Lookout notice issued against DHFL promoters

According to sources, the company is being investigated for alleged siphoning of funds through shell companies.

29 May 2019 12:46 AM IST

On March 18, Hotel Leelaventure Ltd had announced sale of its four hotels located in Bengaluru, Chennai, Delhi and Udaipur.

NCLT asks Sebi to conclude probe into ITC, LIC allegations against...

Under Section 241 of the Companies Act, 2013, a minimum shareholding of 10 per cent is required to file such cases.

28 May 2019 7:56 PM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

GSTN providing free accounting, billing software to MSMEs

Almost 80 lakh MSMEs with turnover of less than Rs 1.5 crore could benefit.

28 May 2019 6:18 PM IST

The rupee may trade in Rs 68.50-70.50/$1 range in the week to May 24 compared to Rs 69.80-70.92/$1 range in the previous week, a poll of 12 foreign exchange dealers showed on Monday.

Rupee slips 18 paise against dollar on high dollar demand

Rupee is trading at 69.69 against dollar, weighed down by month-end dollar demand from importers.

28 May 2019 6:15 PM IST

At the current market price, sale of 10 per cent in HUDCO and NBCC could fetch about Rs 1,000 crore and Rs 1,200 crore to the exchequer.

NCLAT gives 4 weeks to Bakshi to settle dispute with HUDCO

The tribunal also directed Bakshi to file a report on the development by filing an affidavit in the matter before it.

28 May 2019 6:12 PM IST