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Nevin John
New Delhi, September 17, 2018
Lessons from the failure of some of India's biggest business names.


PTI
September 14, 2018
All sectoral indices ended in the green, led by realty, power, consumer durables and metals. Brokers said sentiment was bullish on continuous recovery in the rupee amid reports that the government may announce steps to prop up the domestic unit.


BusinessToday.In
September 14, 2018
Benchmark Sensex rose around 373 points to reclaim the 38,000-mark as better-than-expected macro data and further recovery in the rupee triggered widespread buying. The NSE Nifty too breached the 11,500-level with a rise of 145 points. All sectoral indices ended in the green, led by realty, power, consumer durables and metals.Brokers said sentiment was bullish on continuous recovery in the rupee amid reports that the government may announce steps to prop up the Indian currency.The...


BusinessToday.In
New Delhi, September 14, 2018
The Mittal-owned company told the SC it would lift the escrow on Rs 7,000 crore and pay the money owed by Uttam Galva and KSS Petron -- the defaulting companies in which the steel tycoon is classified as promoter -- if it gets to bid successfully for Essar Steel.


BusinessToday.In
September 12, 2018
Defaulting companies in the power sector as well as some sugar, shipping and textile companies that had seemed destined for bankruptcy court under the RBI's new norms on stressed assets got a last-minute breather from the Supreme Court yesterday.


BusinessToday.In
New Delhi, September 11, 2018
Numetal's first bid was rejected due to the 25% share owned by Rewant Ruia, the son of Essar Steel founder Ravi Ruia, since he was deemed a related party. JSW Steel bought out this contentious stake ahead of the second bidding round


PTI
September 10, 2018
World's largest steel producer ArcelorMittal on Monday offered Rs 42,000 crore to acquire Essar Steel Ltd, upstaging a Rs 37,000 crore bid by Russia's VTB Group-backed Numetal.


BusinessToday.In
September 10, 2018
The Sensex and Nifty closed lower today after the indices came under selling pressure amid lower Asian markets, widening current account deficit and rupee touching fresh all time lows. While the Sensex closed 467 points or 1.22% lower at 37,922, the Nifty fell 151 points or 1.30% to 11,438 level. Top Sensex losers were Sun Pharma (3.72%), M&M (3.44%) and Vedanta (3.44%). Of 30 Sensex stocks, 26 closed in the red. Axis Bank (0.99%) was the top Sensex gainer after the private sector l...


BusinessToday.In
September 10, 2018
Brokers said weakness was seen in most Asian markets as investors were cautious amid fears of a possible escalation in the US-China trade conflict.


BusinessToday.In
September 10, 2018
Sectorally, auto and banking stocks were the top losers with BSE auto index falling 248 points and BSE bankex losing 241 points. On Nifty, top losers were Bajaj Finance, Sun Pharma and Bajaj Finserv.


BusinessToday.In
New Delhi, September 7, 2018
Numetal's first bid was rejected due to the 25% share owned by Rewant Ruia, the son of Essar Steel founder Ravi Ruia, since he was deemed a related party.


BusinessToday.In
New Delhi, September 3, 2018
Vedanta hopes to gain from Venkatakrishnan's South African experience in leveraging the strength of its copper mines in the country.


BusinessToday.in
New Delhi, August 29, 2018
Gross NPAs of banks may improve to 10% in March 2019 as resolution process picks up pace; Vedanta bags 41 out of 55 oil blocks in first round of open acreage auction; Google makes a play for India's e-commerce market; New Hyundai Santro to be launched during the festive season; from food to service, Indian Railways is upgrading Rajdhanis, Shatabdis in full force. Watch more in this episode of Business Wrap.


BusinessToday.in
New Delhi, August 29, 2018
Vedanta bags 41 of 55 oil blocks in maiden open acreage auction; Johnson & Johnson has been slapped with penalty in the US for faulty hip replacements; and housing units worth Rs 4.64 lakh crore delayed in 7 top cities. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.In
August 29, 2018
The BSE Sensex closed lower, snapping its two-day record-closing run largely due to losses in key energy stocks of Reliance Industries and Coal India. The 30-share index hit an all-time intra-day high of 38,989 at the outset but the market lost steam as investors preferred to book gains after the recent rally.The BSE index settled at 38,722 points, down 173.70 points, or 0.45 per cent over the last close.Nifty index too finished lower by 46.60 points or 0.40 per cent in choppy trade a...


BusinessToday.In
New Delhi, August 29, 2018
Gross NPAs of banks may improve to 10% in March 2019 as resolution process picks up paceThe gross non-performing assets (GNPAs) of the banking sector is likely to improve to 10 per cent in March 2019, from 11.52 per cent as on June 30, 2018, as nearly 60 per cent of the bad loans of the sector are under active resolution, a report has said. The net NPA is also expected to decrease to 4.3 per cent, from 5.92 per cent as of June-end this year, ICRA said in its report. The rating age...


Mail Today Bureau
August 29, 2018
Last year in July, India had allowed companies to carve out blocks of their choice with a view to bringing about 2.8 million sq km of unexplored area in the country under exploration.


BusinessToday.In
New Delhi, August 28, 2018
Sameet Chavan, Chief Analyst, Technical and Derivative, Angel Broking, takes viewers through all the market action today. The Sensex and Nifty closed at fresh peaks on gains in large cap stocks such as Vedanta, Adani Ports and Reliance Industries. While the Sensex hit an all time high of 38,920, the Nifty touched new peak of 11,760.


BusinessToday.In
August 28, 2018
The Sensex and Nifty closed at fresh peaks on gains in large cap stocks such as Vedanta, Adani Ports and Reliance Industries. While the Sensex hit an all time high of 38,920, the Nifty touched new peak of 11,760. The Sensex closed 202 points or 0.52% higher at 38,896 level, crossing 38,900 level for the first time in intra day trade. The Nifty which marked an all time high of 11,760 in intra day trade closed 46 points or 0.40% higher at 11,738 level. The rally was led by large cap stocks with...


BusinessToday.In
August 28, 2018
While the Sensex hit an all time high of 38,920, the Nifty touched new peak of 11,760.  The Sensex has gained over 14% since the beginning of this year. The Nifty too has not been far behind. The index is up 11.50% since the beginning of 2018.


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