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PTI
September 28, 2018



PTI
New Delhi, September 27, 2018
A bench of Justices R F Nariman and Indu Malhotra reserved its verdict after counsel for all the parties, including the Committee of Creditors (CoC), concluded their arguments which continued for eight days.


BusinessToday.In
New Delhi, September 27, 2018
The gauge had lost 109.79 points on Wednesday while investors awaited cues from a US Federal Reserve meeting that ends later in the day. The US Federal Reserve raised interest rates by a quarter of a percentage point to a range of 2.00 percent to 2.25 percent.


BusinessToday.In
New Delhi, September 26, 2018
Sameet Chavan, Chief Analyst, Technical and Derivative at Angel Broking, takes viewers through all the market action today. The market closed lower with losses in a highly volatile session today as investors booked profits ahead of US Federal Reserve's policy outcome.


BusinessToday.In
September 26, 2018
The market closed lower with losses in a highly volatile session today as investors booked profits ahead of US Federal Reserve's policy outcome.The Sensex swung nearly 581 points on alternate bouts of buying and selling.Investors were also cautious in view of the expiry of September derivative contracts on Thursday, brokers said.The Sensex touched a high of 36,938 at the outset after domestic investors pressed on with buying. However, it soon turned choppy and hit a low of 36,357. I...


BusinessToday.In
September 26, 2018
The Sensex touched a high of 36,938 at the outset after domestic investors pressed on with buying. However, it soon turned choppy and hit a low of 36,357. It finally closed lower by 109.79 points, or 0.30 per cent, at 36,542.


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.


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