Home » Business

Business - Page 567

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

Rupee records biggest gain in 2 months after exit poll results

Forex traders said investors welcomed exit poll results that predicted a thumping majority for the current BJP-led...

20 May 2019 7:43 PM IST

Essar Steel promoters, however, wanted the CoC to consider their offer as it offered maximum value to all stakeholders and cannot be ignored citing some process lacunae.

ArcelorMittal to pay Rs 42K cr for Essar Steel takeover: Co tells...

Senior advocate Harish Salve appearing for ArcelorMittal accused Ruias of creating hurdles in Essar Steel resolution...

20 May 2019 5:18 PM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)

Investor wealth soars Rs 5.33 lakh cr as exit polls predict return of...

Tracking the sharp uptrend in equities, the market capitalisation of BSE-listed companies jumped by Rs 5,33,463.04...

20 May 2019 4:33 PM IST

The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.

Sensex vaults 1,422 points as exit polls forecast ruling NDA's win

In a similar movement, the broader NSE Nifty soared 421.10 points, or 3.69 per cent, to 11,828.25.

20 May 2019 4:17 PM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Gold loses sheen, falls Rs 150 on lacklustre demand

Sentiments weakened on a subdued global trend and fall in demand from local jewellers put pressure on gold, traders...

20 May 2019 3:41 PM IST

The confluence of stable prices, upcoming wedding season and pent-up demand made this Akshaya Tritiya memorable for the gold and jewellery sector, which saw demand bouncing back after a gap of two years. Jewellers across the country witnessed on an average 15 to 20 per cent growth in sales over last year.

Gold imports rise 54 per cent to USD 3.97 billion in April

After recording a negative growth in imports in February, gold imports started registering double-digit growth.

20 May 2019 3:12 PM IST

Prime Minister Narendra Modi greets supporters during a campaign rally in Cooch Behar, West Bengal, on Sunday. (Photo: AFP)

As election dust settles, jobs, trade, security high on government's...

Unemployment rose to 7.6 per cent in April, the highest since October 2016, and up from 6.71 per cent in March.

20 May 2019 2:35 PM IST

The government has withdrawn the preliminary information memorandum for proposed disinvestment of helicopter services provider Pawan Hans.

Pawan Hans sale: Govt to issue fresh bid, to indemnify buyers of...

The government has budgeted to raise Rs 90,000 crore from disinvestment in the current financial year.

20 May 2019 1:49 PM IST

The BSE Sensex on Wednesday soared to a life-time high of 33,117.33 and the NSE Nifty scaled a historic 10,340.55 mark in opening trade. (Photo: AP)

With exit polls forecast of ruling NDA's victory, Sensex climbs 1,400...

Most exit polls on Sunday forecast another term for incumbent Prime Minister Narendra Modi.

20 May 2019 1:31 PM IST

The police seized the Mercedes, they are taking the help of the Regional Transport Office (RTO) to track down its owner and the driver. (Representational Image)

Mercedes-Benz launches Long Wheelbase E-Class; price starts at Rs 57.5...

The petrol version is powered by a 1,991 cc engine delivering 197 horse power (HP) and comes in two variants.

20 May 2019 1:06 PM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

40 stocks hit 52-week highs on BSE; 87 others hit 1-yr lows

Stocks that touched 52-week highs include Bajaj Finance, DCB Bank, Federal Bank, HDFC Bank, ICICI Bank, SRF and Titan.

20 May 2019 12:48 PM IST

Intra-day, Infosys share price rose by 2.4 per cent to Rs 945.85. (Photo: PTI)

IT stocks under pressure; TCS, Infosys down up to 2 per cent

Infosys fell to Rs 706.85, down 2.34 per cent over its previous close of Rs 723.80.

20 May 2019 11:18 AM IST