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Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI says not yet approved merger of Lakshmi Vilas and Indiabulls...

Shareholders of the Chennai-based bank will get 0.14 share in Indiabulls for every share held in the lender.

8 April 2019 8:49 AM IST

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.

Investing in index SIPs ideal for new investors

There are index funds and Exchange Traded Funds that mimic the index. Buying them, we are assured of market returns'.

8 April 2019 1:47 AM IST

Equity investing has provided exceptional long-term returns. In 40 years, the Sensex has effectively delivered a compounded annual growth rate of 16.09 per cent.

Why equity should be part of your portfolio

Equity investments are key for the capital creation in the country and would directly benefit from the progress of the...

8 April 2019 1:41 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.

Market in consolidation mode

Domestic data such as manufacturing and industrial numbers and inflation will also be seen.

8 April 2019 1:31 AM IST

Wipro, HDFC Bank and ICICI Lombard General Insurance will announce their fourth quarter performance next week while Axis Bank and RBL Bank will declare their Q4 results before the end of this month.

Analysts see better results from banks

IT sector companies' revenue and profit growth could vary with company for the fourth quarter, analysts said.

8 April 2019 1:26 AM IST

Since January 2018, over 100 firms have come out with bonus share issues.

Tax rules kill joy of bonus shares

Investors are now seeking amendments to Section 2 (42A) of the Income Tax Act.

8 April 2019 1:20 AM IST

Mukesh Ambani's East West Pipeline in money laundering row

The pipeline project, it said, was implemented by a consortium of independent contractors from India, China, Russia and...

8 April 2019 1:14 AM IST

The rules of the new insolvency regulations to bring individual businesses under its purview are likely to be in place soon. (Representational Image)

SC ruling does not disturb creditors' rights to insolvency...

In view of the judgement, a bank-creditor needs to ask itself when it should initiate proceeding and justify itself,...

7 April 2019 6:51 PM IST

Two-wheeler major Hero MotoCorp on Monday reported its highest ever monthly sales.

Hero MotoCorp widens gap over Honda in two-wheeler sales in FY19

In FY19, Pune-based Bajaj Auto maintained its position as third biggest two-wheeler maker in India.

7 April 2019 6:40 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Bidding process for Jet Airways likely to begin from April 8

SBI is the lead lender to Jet Airways, which has a debt burden of Rs 8,000 crore.

7 April 2019 5:14 PM IST

The shake-up led to consolidation, with Vodafone Plc merging its Indian operations with Idea Cellular last year in a deal worth $23 billion.

Foreign investors may invest Rs 18,000 cr in Voda Idea rights issue:...

Vodafone Idea cleared planned Rs 25,000-crore rights issue at Rs 12.50 per share, a steep 61 pc discount from market...

7 April 2019 4:59 PM IST

Indian dedicated equity funds have started receiving fresh inflows from global investors.

FPIs pour in Rs 8,634 crore in April so far on positive market trends

In March, the overseas investors had pumped in a net Rs 45,981 crore into the capital markets (both equity and debt).

7 April 2019 4:30 PM IST