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BusinessToday.In
September 18, 2018
The stock closed 17.04% or 23 points lower on the NSE.  On the BSE, the stock closed 16.03%  or 21 points lower at 113 level. The market capitalisation of the stock fell by Rs 5,727 crore to Rs 30,013 crore on the BSE.


BusinessToday.In
September 18, 2018
Infosys had agreed to pay Bansal a severance package of Rs 17.38 crore or 24 months of salary, but the company suspended payments after co-founder NR Narayana Murthy and former board member Mohandas Pai objected to the move and termed it 'excessive'.


BusinessToday.In
New Delhi, September 18, 2018
Bank of Baroda, Dena Bank and Vijaya Bank to merge; govt promises to protect employees' interestsMoving ahead with consolidation of public sector banks, Finance Minister Arun Jaitley on Monday announced the merger of Bank of Baroda, Vijaya Bank and Dena Bank. The merged entity would be India's third largest. There will be no adverse impact on employees of merged entity, the Finance Minister added. Department of Financial Services Secretary Rajeev Kumar said that the new bank will ...


BusinessToday.In
September 18, 2018
Dena Bank was on RBI's Prompt Corrective Action (PCA) list and other two banks have the strength to subsume a weaker bank, Finance Minister Arun Jaitley said on Monday. 


BusinessToday.In
September 17, 2018
After rallying for two sessions, the Sensex and Nifty closed over 1% lower on Monday as worries about global trade war and prevailing rupee crisis dampened investors mood despite the government announcing steps to stem a steep fall in the Indian currency.While the Sensex fell 505 points or 1.33% to 37,585 level, the Nifty lost 137 points or 1.19% to 11,377 level. Subdued Asian and European markets due to escalating trade war between the US and China mainly led to a caution on do...


BusinessToday.In
September 17, 2018
The top gainer among sugar stocks was Avadh Sugar and Energy which hit the upper circuit of 19.99% to 567.15 level on BSE today. The stock of sugar manufacturer Bajaj Hindusthan Sugar rose up to 19.95% to 10.22 level on the BSE.


BusinessToday.In
September 17, 2018
While the Sensex fell 505 points or 1.33% to 37,585 level, the Nifty lost 137 points or 1.19% to 11,377 level. Subdued Asian and European markets due to escalating trade war between the US and China mainly led to a caution on domestic bourses, brokers said.


BusinessToday.In
September 17, 2018
The Sensex had rallied 677.51 points in the previous two sessions on sustained buying by domestic institutional investors. At 10: 37 am, the Sensex was trading 442 points lower at 37,647. The Nifty was down 125 points to 11,390.


Niti Kiran
New Delhi, September 17, 2018
India stands out on the global stage for fund raising through IPOs. The future looks promising too.


PTI
September 16, 2018
Railways engineering and construction firm Ircon International and defence shipbuilder Garden Reach Shipbuilders and Engineers will come out with their IPOs this month.


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
The stock has been losing for the last three days. It has fallen 26.79% since the beginning of this year and lost 2.66% during the last one year. 


BusinessToday.In
September 14, 2018
The top gainer among sugar stocks was Avadh Sugar and Energy which hit the upper circuit of 19.99% to 472.65 level on BSE today. On Wednesday, the stock closed 6.47 per cent higher at Rs 393.90 on the BSE.


BusinessToday.In
September 14, 2018
The Indian currency has gained 123 paise in two sessions on report that PM Narendra Modi would hold a meeting to discuss economic scenario and the deteriorating rupee situation over this weekend.


BusinessToday.In
September 14, 2018
At 9:57 am, the Sensex rose 205 points to 37,923 level. The Nifty too gained 72.85 points to 11,442 points. Brent crude, which hit $80 per barrel two days ago, was trading at $78.25 a barrel.


BusinessToday.In
September 13, 2018
Sentiment was bolstered on Wednesday after the government said all steps will be taken to ensure the domestic currency does not depreciate to \"unreasonable levels\", amid reports that Prime Minister Narendra Modi will take stock of the economic situation over the weekend.


PTI
New Delhi, September 13, 2018
Telecom operator Bharti Airtel had yesterday confirmed that it has received demand notices towards penalties totalling Rs 11 lakh for six circles for the quarter ended March 2018.


BusinessToday.In
New Delhi, September 12, 2018
Car sales declined 1.03% to 1,96,847 units last month, as against 1,98,892 units in August 2017, while utility vehicles posted a drop of 7.11%.


BusinessToday.In
September 12, 2018
While the Sensex rose 325 points to hit an intra day high of 37,738, the Nifty recovered 93 points to touch 11,380 level. Top gainers on the Sensex were Adani Ports (2.82%) , Sun Pharma (2.77%) and ITC  (2.59%).


BusinessToday.In
September 12, 2018
Credit Suisse in a note said an overhang on Titan is potential regulatory action if rupee depreciation worsens. In 2013, govt had taken measures to curtail gold imports to support the currency.


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