Top
Home ยป Business

Business - Page 591

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.Business
Nifty may test 11000 before recovery

The broader market fared better with Mid-Cap down 0.96 per cent and Small-Cap down 1.21 per cent.

9 May 2019 2:40 AM IST

A view of a damaged house after cyclone Gaja hit Pudukkottai district of Tamil Nadu on Friday. (Photo: File/PTI)Business
Odisha may see short-term spike in MFI delinquencies

Odisha had witnessed a sharp rise in Gross Loan Portfolio in the past two years.

9 May 2019 2:34 AM IST

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.Business
Sensex dips as caution sets in

The lacklustre Q4 results have added to lack of investors' interest along with the higher pledge by promoters.

9 May 2019 2:29 AM IST

Corporate Affairs Secretary Injeti Srinivas said exposure worth Rs 12,000 crore would be settled by July end.Business
RBI follows tribunal dictat on IL&FS loans

RBI allowed banks to treat exposure to IL&FS and its group entities as non-performing assets following the NCLAT order.

9 May 2019 2:24 AM IST

Reliance Jio free 4G services have reduced profit of Airtel by more than half, lowered Vodafone Indias profit and pushed Idea Cellular into first ever quarterly loss.Business
See stability returning to telecom market by Q4 FY20: COAI

Telecom operators will look at getting more offerings like content, e-commerce and financial services.

8 May 2019 6:05 PM IST

The previous largest deal was Lupins acquisition of Gavis Pharma and Novel Laboratories for $880 million in 2015.Business
Lupin gets more time from govt to complete project in Indore SEZ

The company is setting up its pharma unit in Indore SEZ to manufacture pharmaceutical formulations and inhalers.

8 May 2019 5:48 PM IST

Major segments including scooters, motorcycles and cars, witnessed record decline December sales.Business
Passenger vehicle retail sales dip 2 pc in April: FADA

Two-wheeler sales declined by 9 pc to 12,85,470 units last month compared with 14,09,662 units in year-ago period.

8 May 2019 5:15 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)Business
Sensex plummets 487 pts to close below 38,000-mark; RIL slides over 3...

Sensex was mainly dragged by Reliance Industries, HDFC, HDFC Bank, ICICI Bank and SBI, which lost up to 3.35 per cent.

8 May 2019 4:12 PM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in JagpuraBusiness
Gold prices surge by Rs 180 on firm global trend

Traders said sentiment turned bullish on back of pick-up in buying by local jewellers amid positive overseas trend.

8 May 2019 3:46 PM IST

Uber chief executive Dara Khosrowshahi is committed to investing further in the Indian market but also keeping a sharp eye on \eventual profitability\, as the US-based cab aggregator ramps up operations in the country.Business
As Uber gears up for IPO, many Indian drivers talk of shattered dreams

Decision to cut incentives sharply had disappointed several members of Uber's India team back then, the executive said.

8 May 2019 3:37 PM IST

The Reserve Bank is expected to go for a hike in key policy rates by the fourth quarter of this year.Business
RBI likely to cut rates again in June; none thereafter on rising...

RBI had cut interest rate by 25 basis points each in February and April to boost economic growth

8 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.Business
Crude oil futures gain 1.13 pc on firm cues

Widening of bets at current levels helped crude oil prices at the domestic market.

8 May 2019 2:30 PM IST

X