Business, Market, 18th Sep 2017, News & Stories from India

Friday, Apr 19, 2024 | Last Update : 03:44 PM IST

Business Market 18 Sep 2017

Business, Market, 18 Sep 2017

The initial share sale offer of ICICI Lombard General Insurance Company was subscribed 98 per cent on the second day of bidding.

ICICI Lombard IPO subscribed 98 per cent on Monday

ICICI Lombard General Insurance is a joint venture between ICICI Bank and Canadian NRI Prem Watsa-promoted Fairfax Financial Holdings.

18 Sep 2017 7:34 PM

Footwear retailer Khadim India has received Sebi's approval to raise an estimated Rs 550-650 crore through an IPO. Photo: Khadim official website.

Footwear-maker Khadim India gets go-ahead from Sebi to float IPO

Net proceeds from the issue would be utilised towards payment of loans and for general corporate purposes.

18 Sep 2017 6:25 PM

It was debut IPO of consumer electronics manufacturer.

Blockbuster debut for Dixon Tech, shares soar nearly 64 per cent

Dixon Technologies' Rs 600 crore IPO was oversubscribed 117.83 times during September 6-8.

18 Sep 2017 5:19 PM

It is estimated India imports some 800 tonnes of gold eevry year. (Photo: File)

600 kg gold imported from Indonesia in only 2 months; govt mulls curbs

Govt has already imposed restrictions on imports of gold from South Korea due to huge jump in imports.

18 Sep 2017 5:09 PM

NSE Nifty on Monday closed at record high of 10,153.10 and the Sensex surged by 151 points to end at a six-week high. Photo: PTI

Sensex surges 151 points, Nifty touches new high of 10,153.10

Revival of buying by FPIs, who had been major sellers for a long spell on the Indian bourses, accelerated the buying pace.

18 Sep 2017 4:07 PM

The rupee is currently hovering at 64 against the dollar. (Photo: PTI).

Rupee to average 64.3 against dollar in FY18: UBS

For the full year, the rupee could average 64.3 in 2017 -18 and 65.4 in 2018-19.

18 Sep 2017 2:35 PM

Globally, gold fell 0.45 per cent to USD 1313.20 an ounce and silver by 0.20 per cent to USD 17.50 an ounce in Singapore. (Photo: PTI)

Gold prices fall by 150 on muted demand, global cues

Gold is trading at Rs 30,700 per 10 grams at bullion market on muted demand and weak global cues.

18 Sep 2017 2:23 PM

Sensex resumed higher at 32,361.37 and moved in a range of 32,508.06 to 32,361.25 before quoting at 32,482.76, up by 210.15, or 0.65 per cent. (Photo: PTI)

Nifty touches new highs, Sensex up 210 points in morning trade

Nifty scaled all time high level of 10,170 in morning trade, was up by 81.70 points or 0.81 per cent at 10,167.10.

18 Sep 2017 1:56 PM

Gold prices softened by 0.40 percent to Rs 29,736 per 10 gram on Monday. Photo: PTI

Gold prices soften to Rs 29,736 per 10 gram in futures trade

Meanwhile, gold fell 0.16 per cent to USD 1,317.10 an ounce in Singapore.

18 Sep 2017 12:09 PM

The rally came on the back of buying in capital goods, auto, power, PSU and banking stocks, rising by up to 1.44 per cent. Photo: PTI

Nifty scales fresh peak of 10,167.15, Sensex climbs 235 points

The 30-share Sensex too was in bullish form, rising 235.45 points, or 0.72 per cent, at 32,508.06.

18 Sep 2017 10:06 AM

A stronger opening of domestic equities took the rupee high.

Rupee gains 7 paise against dollar as stocks zoom

Rupee is trading at 64.01 against US dollar on selling of the greenback by banks and exporters.

18 Sep 2017 9:47 AM

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Mohan Guruswamy