Home » Business

Business - Page 582

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)

In nine trading sessions, investor wealth tumbles by Rs 8.53 lakh...

On Monday, the 30-share Sensex crashed 372.17 points or 0.99 per cent to close at 37,090.82 points.

13 May 2019 8:04 PM IST

The Enforcement Directorate (ED) is set to register three separate cases to probe the alleged irregularities in certain contracts awarded by the Delhi governments Public Works Department (PWD).

ED attaches property worth over Rs 2 crore in Axis Bank demonetisation...

According to officials Mohit Garg and Rajeev Singh Kushwaha illegally earned a commission at 15 pc of total amount...

13 May 2019 7:51 PM IST

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

Rupee crashes to over 2-month low on foreign fund outflows

An unabated sell-off in domestic equity markets also weighed on the domestic currency, forex dealers said.

13 May 2019 6:51 PM IST

NABARD has been contributing to other funds till now and this is the first time that the rural development bank has launched a fund of its own.

Nabard announces Rs 700-cr VC fund for agri, rural startups

The fund has been launched by Nabventures, a subsidiary of NABARD, and has a proposed corpus of Rs 500 crore.

13 May 2019 6:46 PM IST

Former Reserve Bank of India governor Bimal Jalan

Bimal Jalan panel on RBI's capital size likely to submit report by...

The committee was to submit its report in 90 days from the first day of its meeting, which held on January 8.

13 May 2019 5:18 PM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

Sensex logs 9th straight loss, slumps 372 points

Sensex widened its loss towards the fag-end on emergence of intense selling in heavyweights like ITC, RIL and ICICI...

13 May 2019 4:51 PM IST

Diversified ITC Ltd on Wednesday reported a 9.86 per cent increase in standalone net profit at Rs 2,932.71 crore for the fourth quarter ended March 31, 2018.

ITC Q4 net profit rises 18.72 pc to Rs 3,481.9 crore; Sanjiv Puri is...

Shares of ITC closed 3.09 per cent down at Rs 288.50 on the BSE.

13 May 2019 4:41 PM IST

Paytm Mall has also unveiled the exclusive online launch of Vivobook X507 on its platform, available through Asus offline retail stores.

EY probes cashback fraud at Paytm Mall, to build tech-driven...

Some employees Paytm allegedly worked with third-party vendors and created fake orders to siphon off cashback offers.

13 May 2019 4:16 PM IST

Bitcoin prices fall 10.8 percent.

Bitcoin holds above USD 7,000 after hitting 9-month high

Bitcoin has almost doubled in price this year, underscoring its volatility after a bruising 2018.

13 May 2019 3:19 PM IST

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

Gold rises on jewellers' buying

Traders said despite a weak global trend, gold prices saw an upward movement due to rise in demand from local jewellers.

13 May 2019 3:02 PM IST

Shares of Allahabad Bank closed 1.96 per cent down at Rs 87.70 on BSE.

Allahabad Bank cuts lending rate by 5 bps

Most of the loans including housing loans are benchmarked against MCLR for one year.

13 May 2019 2:38 PM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Crude oil futures rise 0.6 pc on positive cues

Analysts said, crude oil prices bounced back in tandem with a firm trend overseas.

13 May 2019 2:31 PM IST