Business Today

Sebi to review DHFL, Yes Bank for trading irregularities: report

Financial market regulator Sebi is reportedly examining sharp movement in shares of Dewan Housing Finance Corp. Ltd (DHFL), Yes Bank Ltd. and other lenders for possible trading irregularities.

IL&FS crises deepens, financial services arm defaults on CP

For the third time in a month, crippled infrastructure conglomerate IL&FS Financial Services on Monday defaulted on interest payments on commercial papers.

Facebook ropes in former Hotstar executive Ajit Mohan as India MD & VP

Social media giant Facebook on Monday said it has appointed former Hotstar executive Ajit Mohan as Vice-President and Managing Director of its India operations.

Corporate Affairs Ministry likely to deregister another 50,000 companies this fiscal

The names of more than 2.26 lakh companies have already been struck off from official records and almost an equal number has been identified for further action.

Five factors why Sensex fell 536 points, Nifty closed below 11,000 level today

While the Sensex closed 536 points or 1.46% lower to 36,305, the Nifty lost 175 points or 1.58% to trade at 10,967 level. This is the weakest closing since July 11 when it settled at 36,265.93. The Sensex has lost 1,249.04 points in the previous four sessions.

 
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From The Magazine

Need to Avoid Panic

After the rupee plunged to new lows against the dollar, having depreciated to close to 73, the government has finally acted by announcing a slew of measures to prop up the currency.