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Allahabad Bank on Saturday became the second state-owned bank to report a major alleged fraud by bankrupt steelmaker Bhushan Power & Steel Ltd this month, adding to concerns about a banking industry burdened with bad debts. (Photo: Allahabadbank.in)Business
Allahabad Bank okays raising Rs 2,000 cr equity capital via QIP

The Kolkata-headquartered lender is scheduled to announce its June 2019 quarter earnings on Wednesday.

31 July 2019 3:12 PM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTIBusiness
Sensex slips over 150 points amid trade war fears

Most investors preferred to stay on the sidelines ahead of the US Federal Reserve's meeting, traders said.

31 July 2019 10:09 AM IST

Johannesburg residents calling a local radio station complained they had been left without power as a result of the ransomware. (Representational Image)Business
Power Finance Corporation board okays raising Rs 70,000 cr in one year

The proposal would be placed for shareholders' approval in an AGM of the company on August 27, said the statement.

30 July 2019 7:04 PM 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.Business
Sensex tanks over 289 points; bank, auto stocks drag

The 50-share NSE Nifty too dropped 103.80 points to settle at 11,085.40.

30 July 2019 3:20 PM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.Business
Sensex rallies over 250 points on global cues

The 30-share index was trading 256.08 points, or 0.68 per cent, higher at 37,942.45.

30 July 2019 10:03 AM IST

Former Reserve Bank of India governor Bimal JalanBusiness
Higher tax for high earners may trigger fund flight: ex-RBI governor

Analysts and traders say this has been a major reason for foreign investors being net sellers from Indian equity...

29 July 2019 8:22 PM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.Business
Sensex ends 196 points lower on weak global cues

Similarly, the NSE gauge Nifty slipped by 95 point.

29 July 2019 4:38 PM IST

In its first board meeting after a controversy erupted involving Chanda Kochhar and the Videocon Group, leading private lender ICICI Bank examined insolvency cases pending before the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016.Business
ICICI Bank shares jump nearly 5 per cent post Q1 results

The scrip gained 4.62 per cent to Rs 434.70 on the BSE.

29 July 2019 2:04 PM IST

The Department of Telecom (DoT) is likely to approve on Monday the merger of Vodafone India and Idea Cellular that will create the countrys largest mobile service operator with proposed name of Vodafone Idea Ltd.Business
Vodafone Idea shares tank over 29 pc after Q1 earnings

The scrip which opened with nearly 3 per cent decline later saw relentless selling and tanked 28.4 per cent to Rs 6.60,

29 July 2019 1:37 PM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.Business
Sensex, Nifty cautious amid foreign fund outflows

The 30-share index was trading 33.48 points or 0.09 per cent higher at 37,916.27

29 July 2019 10:06 AM IST

Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)Business
FPI outflow crosses Rs 3,700 crore in July

FPIs have been on a selling spree since the announcement of super-rich tax, said Morningstar's Himanshu Srivastava.

28 July 2019 12:12 PM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.Business
Four of top-10 cos lose Rs 84,433 cr in m-cap; HDFC twins hit hard

RIL and SBI were the other frontline companies that suffered a drop in their m-cap for the week ended on Friday.

28 July 2019 11:16 AM IST

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