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RCap to exit MF biz, sells RNAM stake to Nippon

The open offer price is at a 15.5 per cent premium to the stock's 60-day average price, in tune with the Sebi Takeover...

24 May 2019 2:22 AM IST

Thomas Cook India Group. (Photo: Twitter)

Thomas Cook downgraded for default risk

Thomas Cook also said it is considering multiple bids for either parts or the whole of its airline operation.

24 May 2019 2:17 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.

Consolidation seen as the big event has gotten over

Analysts are expecting the market to correct by 5 per cent for stocks to look attractive for investors to come in to...

24 May 2019 2:06 AM IST

Tour operators also offer credit card loans for those who have not saved for a holiday. The money can be repaid post the travel in equated monthly installments and the interest rates are typically 12 to 18 per cent.

Know where to save and spend on a holiday trip

A budget traveller will have to start the planning process a bit earlier than one who is willing to lavish on a relaxed...

24 May 2019 2:03 AM IST

Avon goes to Brazil's Natura

Avon, which at present operates in 57 countries, also has strong presence in India through AVON Beauty Products India...

24 May 2019 1:59 AM IST

The answer, it seemed, was not difficult to seek for those who believed that economic growth in India, then as it is now, is state driven.

PM Modi's big win signals strong Indian GDP growth will continue

The key economic challenge now is to continue reforms, brokerages and economists said on Thursday.

23 May 2019 8:17 PM IST

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

Rupee pares gains, settles 36 paise down at 70.02

At interbank foreign exchange, rupee opened at 69.45 a dollar and gained to touch a high of 69.37.

23 May 2019 8:00 PM IST

Anand Mahindra.

India Inc hails 'NaMo again', watches for bold reforms in NDA 2.0

NDA 2.0 must unleash bold initiatives to transform the economy, said industry captains.

23 May 2019 7:49 PM IST

Senior citizens, above 60 years of age, have to submit Form 15H to banks at the beginning of a financial year to ensure that no tax is deducted at source on interest income. (Representational Image)

Senior citizens with taxable income up to Rs 5 lakh can seek TDS...

Earlier, the limit for seeking Tax Deducted at Source (TDS) exemption was Rs 2.5 lakh.

23 May 2019 6:11 PM IST

The fourth runway will be introduced by 2022, making IGI airport the first one in the country to come up with four runways.

Domestic air passenger growth falls in April due to grounding of Jet...

The key reason was grounding of Jet Airways on April 17, which cut the total seat capacity and shrank the market.

23 May 2019 5:50 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.

Sensex sheds 298.82 to close at 38,811; Nifty shrinks to 11,650

Sensex and NSE Nifty went on to record highs even as Lok Sabha election results showed that PM Modi-led NDA leading on...

23 May 2019 4:17 PM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in Jagpura

Silver up on increased offtake; gold steady

Traders said silver prices rose on pick-up in offtake by industrial units and coin makers at the local spot market.

23 May 2019 3:35 PM IST