Sensex jumps 100 points, Nifty nears 8,650 as GST hopes got a boost; Asian Paints top gainer

"We maintain our optimistic targets and expect the Nifty to surpass 8,655 on a closing basis quite soon," said Angel Broking in a research note.

Janet Yellen, Chairwoman, US Federal Reserve

Fed stayed put on US interest rates, and said "the near-term risks to US economic outlook have diminished," signalling at the possibility of further rate rises in the coming months.

Cabinet drops 1% additional tax from GST Bill

The Cabinet, headed by Prime Minister Narendra Modi, decided to include in the Constitutional Amendment Bill that any dispute between states and the Centre will be adjudicated by the GST Council, which will have representation from both the Centre and states.

Bharti Airtel Q1 net profit falls 31% to Rs 1,462 crore

Total consolidated income from operations of Bharti Airtel in the reported quarter increased by 7.9 per cent to Rs 25,572.9 crore from Rs 23,680.8 crore in the year-ago period.

Sahara rejects $1.3 bn offer, calls it attempt to lower price

Sahara group on Wednesday rejected a new $1.3 billion offer from a group of investors for its three prized overseas hotels, terming it a "devious attempt" to lower the price and disturb the sentiment of other bidders making "much higher" offers.

Thu Jul 28 10:09:06 IST 2016
 
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