Home » Business

Business - Page 717

Flawless white diamonds, among largest ever offered, to go on sale. (Photo: Pixabay)

Diamond futures turnover vaults

Ajay Kedia, MD, Kedia Commodities finds that apart from price volatility, sharp movement in rupee too helped the...

13 March 2019 1:31 AM IST

1,500 points swing was recorded in Sensex before it settled the day at 279.62 points, or 0.75 per cent lower at 36,841.60.

BSE market-cap rises by Rs 7.8 lakh crore this month

Foreign investors have turned net buyers in the Indian market, as they bought equity worth Rs 17,219.62 crore in...

13 March 2019 1:13 AM IST

Online hotel aggregator OYO has said it has cut losses to an estimated Rs 325 crore in FY17.

OYO woos biz travellers with collection O; ups investment

OYO Hotels & Homes is now present in 10 countries, over 500 cities and has over 18,000 hotels and homes with 515,000...

13 March 2019 12:42 AM IST

Facebook Hubs to support startups

Facebook said it has partnered with 91springboard for a year-long programme to help startups and entrepreneurs scale up...

12 March 2019 6:41 PM IST

As per the data, food inflation basket contracted to 0.56 per cent in January, negative growth second time in a row.

Consumer inflation rises to 2.57 per cent in February

Consumer inflation in January was re-examined downwards to 1.97 per cent from 2.05 per cent, as per an official...

12 March 2019 6:29 PM IST

Ebix Inc has sent a letter to the Board of Yatra Online, Inc outlining offer to acquire 100 per cent of the outstanding stock of Yatra Online for USD 7 per share on a debt-free basis, the US-based software firm had said in a statement.

Yatra to review takeover proposal of Ebix

US-based software firm Ebix Inc on Monday announced that it had offered to acquire Yatra Online for USD 336 million...

12 March 2019 5:30 PM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

SBI to auction Rs 2,338 cr worth NPAs on March 26

SBI said except Mittal Corp and Shree Vaishnav, other auctions will be conducted under the Swiss Challenge method on...

12 March 2019 5:09 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)

Sensex shoots up 481 points; Nifty reclaims 11,300-level

Sectorally, the BSE realty index topped the chart, surging 2.60 per cent, followed by telecom, bankex, healthcare and...

12 March 2019 4:41 PM IST

Gold prices went down by Rs 200 to Rs 31,350 per ten grams at the bullion market on Friday.

Gold prices fall Rs 100 on low demand from jewellers

Traders said low demand from domestic jewellers and investors' increased focus on equities pulled down the gold prices.

12 March 2019 4:17 PM IST

Fund managers believe mutual funds, which are considered popular and convenient investment tools, have advocated asset allocation-based strategies to make the journey smoother for investors.

Drivezy in talks to raise USD 100 mn funding, eyes international...

Drivezy (formerly JustRide) has till date raised equity investments of USD 31 million.

12 March 2019 3:38 PM IST

LIC bought an additional stake of over 3 per cent in Bank of India for about Rs 450.88 crore. (Representational Image)

Bank of India raises Rs 660 cr by selling shares to employees

The bank issued 6,25,52,188 shares of Rs 10 each to eligible employees, BoI said in a statement.

12 March 2019 3:07 PM IST

The insurer said in a regulatory filing on Monday that Standard Life (Mauritius Holdings) 2006 Ltd, one of its promoters, will sell stake through an offer for sale on March 12, and the floor price for the sale will be Rs 357.50 per share.

HDFC Life shares drop over 5 pc on stake sale announcement

After the stake sale, Standard Life's holding in the insurance company will come down to 24.27 per cent.

12 March 2019 2:58 PM IST