Home » Business

Business - Page 972

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex recovers over 100 points on value-buying, global cues

The 30-share BSE index recovered by 142.26 points, or 0.38 per cent, to 37,432.93 in opening trade.

19 Sept 2018 10:20 AM IST

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)

Rupee recovers 28 paise against US dollar in early trade

A higher opening in the equity market also supported the recovery in the rupee.

19 Sept 2018 10:11 AM IST

In a statement, Voltas MD and CEO Pradeep Bakshi said, We are delighted to announce the launch of the Voltas Beko Home Appliances range for all our valued customers. (Photo: Representational Image)

Voltas Beko to launch new home appliances

As a market leader in the AC category, Voltas has always placed customer centricity at the core of all its offerings.

19 Sept 2018 1:01 AM IST

US president Donald Trump addresses the media after his meeting with North KOrean leader Kim Jong Un. (Photo: Twitter/ANI)

Deadline extended for higher duties

India had said the duty imposed by the United States has affected steel exports by $198.6 million and aluminium...

19 Sept 2018 12:34 AM IST

The current rise in fund raising through the IPO route is expected to last as long as the upswing in secondary market continues.

COs need to list after 3 days from Ipo

The modalities for implementation will be worked out in consultation with the stakeholders, Sebi added.

19 Sept 2018 12:22 AM IST

In Financial Year 2016-17, the mutual fund on an average has added about 6.19 lakh SIP accounts per month.

Commission fees for MFs lowered

According to experts, the investors are likely to save around Rs 1,300 to Rs 1,500 crore.

19 Sept 2018 12:14 AM IST

Sebi has begun looking into the matter for any possible disclosure and corporate governance-related lapses.

Sebi allows foreigners to invest in commodities

Participation of EFEs to make market more efficient.

19 Sept 2018 12:13 AM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI Bank seeks settlement through consent on Kochhar issue, says...

The bank and Kochhar have been maintaining there has been no regulatory violation on their part.

18 Sept 2018 6:13 PM IST

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

RBI penalises 2 UP-based cooperative banks

RBI had issued a show cause notice to the bank, in response to which the bank had submitted a written reply.

18 Sept 2018 6:06 PM IST

RCom Chairman Anil Ambani addressing a press conference in Mumbai.

Reliance Capital to exit all non-financial business in 12-18 months

Company's is looking at identifying key emerging business areas within the financial services and financial technology...

18 Sept 2018 5:31 PM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

PNB shareholders approve ESPS scheme; Rs 2,816 cr capital infusion by...

Shareholders also voted to clear the issuance of over 31 cr shares to the govt as part of recapitalisation of PNB by...

18 Sept 2018 5:07 PM IST

With the rupee resuming its fall after a brief period of consolidation, forex participants are not ruling out of the possibility of the rupee weakening further to breach the 70 level mark. (Photo: AP)

IMF says 'real' depreciation of Indian rupee only 6-7 per cent

The Indian currency has since the beginning of the year lost almost 13 per cent in value vis a vis the US dollar.

18 Sept 2018 4:20 PM IST