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The JSW Steel scrip closed 2.41 per cent up at Rs 294.85 on the BSE, as against a gain of 0.46 per cent on the benchmark.

JSW Steel raising $500 million from overseas bond sale

Moody's said proceeds from the issue will be utilised for retiring some debt and also for capital expenditure.

6 April 2019 11:34 AM IST

The H1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise in specialised fields.

H1-B visa restrictions compel Indian tech firms to hire more locals:...

Infosys led with 2,122 visa denials in fiscal year 2017-18, followed by its larger rival TCS with 1,896 rejections.

6 April 2019 10:47 AM IST

Larsen and Toubro (L&T) on Thursday said its subsidiary L&T Construction has bagged orders worth Rs 2,440 crore in the domestic market.

CCI approves L&T's proposed acquisition of 66.15% stake in Mindtree

Deals beyond a certain threshold require clearance from the fair trade regulator CCI.

6 April 2019 10:06 AM IST

In Q1 2019, the BMW 5 Series and the BMW 6 Series Gran Turismo contributed strongly to BMW India sales during the first quarter.

BMW bucks trend, posts strong growth

In the first quarter of 2019, BMW sold 2,822 cars and its Mini brand sold 160 cars.

6 April 2019 1:48 AM IST

The merged entity would be the countrys eighth largest private sector bank by size and profitability.

Lakshmi Vilas board okays merger with Indiabulls HF

The merged entity will be christened as Indiabulls Laxmi Vilas Bank.

6 April 2019 1:48 AM 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.

Charts point to negative trend

Metals & IT Index gained while the Mid & Small Caps outperformed on account of relative value buying opportunities...

6 April 2019 1:43 AM IST

The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

Commodity turnover up 20 per cent in FY19

The FY19 turnover is the highest since the commodity transaction tax was introduced in 2013.

6 April 2019 1:43 AM IST

A top IRDAI source told Financial Chronicle that the meeting was held in Hyderabad on February 19 and it was attended by 26 chairmen of both life and non-life insurance companies.

11 cross-border reinsurers allowed to do business in India

Apart from the domestic reinsurer GIC Re, a few international reinsurers operate in the country by opening their...

6 April 2019 1:43 AM IST

Previous studies have found that men with strong handshakes are less likely to have erectile dysfunction (Photo: Pixabay)

Bank of India to sell 25 per cent in Star Union Dai-ichi

The Reserve Bank of India had removed BoI from its prompt corrective action (PCA) framework in January, easing some...

6 April 2019 1:43 AM IST

Instead, gold was replaced by the dollar standard, with the proviso that dollars could be exchanged for gold.

Forex reserves soar over USD 5 bn to reach USD 412 bn

In the previous week, the reserves had increased by USD 1.029 billion to USD 406.667 billion.

5 April 2019 8:34 PM 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.

Focused on reducing non-viable PSUs, says Secretary DPE

Secretary in the DPE Seema Bahuguna said it is imperative for CPSEs now to reinvent themselves and become competitive.

5 April 2019 8:26 PM IST

Direct tax collection in the fiscal year just ended has exceeded the targets with a record 6.84 lakh income tax returns being filed, officials said today.

Directors, investors in unlisted cos cannot file Income Tax returns...

This aimed at tightening the noose on unlisted companies appointing dummy directors and use shell companies for money...

5 April 2019 8:13 PM IST