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BusinessToday.In
July 5, 2018
At 12:17 pm, the stock fell 2.73% or 7.20 points to 259.80 level.  It hit over five year low of 252.55 level intra day, lowest since April 2013.  The stock was the among the top  Sensex losers in morning trade. The stock has been falling for the last two days and is down 3.64% during the period.


BusinessToday.in
New Delhi, July 5, 2018
Arun Jaitley calls for amendments in graft law, says it's anarchic and hurts decision makingUnion Minister Arun Jaitley on Tuesday called for amendments in the Prevention of Corruption Act -- a graft law that the Minister described as anarchic and one of the most badly drafted pieces of legislations. His statement came weeks after the Pune police on June 21 arrested the entire top management of the state-run Bank of Maharashtra for a loan of Rs 94.5 crore to the scam-tainted devel...


Virendrasingh Ghunawat
Mumbai, July 3, 2018
Choksi indulged in fund diversion to fulfil his luxurious needs. In 2013, he purchased a villa from Ziad Khalil Makkawi and Amal Boudhara Makkawi (UAE) and paid Rs 27 crore. To pay the EMI, Rs 15 lakh used to be transferred to Choksi's account from Gitanjali Venture DMCC in the guise of professional fees.


PTI
New Delhi, July 2, 2018
The group is looking to create up to 5,000 direct and indirect jobs through setting up of the engineering centre and creation of additional capacities in the two plants.


Mudit Kapoor
New Delhi, July 2, 2018
The increased sales figures posted by the Indian auto companies depict a cheerful picture. But, the main reason behind such higher sales this June was weaker demand in June 2017.


BusinessToday.In
July 2, 2018
The Fine Organic Industries IPO was launched on June 20, 2018 at a price band of Rs 780 to Rs 783 per equity share to raise around Rs 600 crore. The chemicals firm eyed 25% stake sale or 76,64,994 equity shares of face value of Rs 5 each. The issue closed on June 22.


BusinessToday.In
July 2, 2018
The large-cap stock has been gaining for the last two days and has risen 5.10% during the period. It is down 13.79% since the beginning of this year and has gained 2.67%  during the last one year.


PTI
New Delhi, July 1, 2018
Maruti Suzuki's domestic sales stood at 1,35,662 units, up 45.5 per cent from 93,263 units in June last year. Its exports in June dropped by 29 per cent to 9,319 units as compared to 13,131 units in the same month last year.


Reuters
June 30, 2018
Growth in China's manufacturing sector slowed in June after a better-than-expected performance in May, official data showed, as escalating trade tensions with the United States fuel concerns about a slowdown in the world's second-biggest economy.


PTI
June 29, 2018
India has expressed its willingness join the WTO dispute consultation requested by Norway as third party against the US decision to impose high customs duties on certain steel and aluminium products.


BusinessToday.In
June 27, 2018
ICICI Bank (3.16%), L&T (2.71%) and Tata Motors (2.22%) were the top Sensex losers. HDFC Bank (0.89%), Coal India (0.74%) and TCS (0.38%) were the top Sensex gainers.


BusinessToday.In
June 26, 2018
The PNB's internal probe has revealed that its former official Gokulnath Shetty cleared over 13,000 transactions of Rs 1 crore which was well beyond his authorised limit of Rs 25 lakh. Shetty's name had first cropped up when the PNB in February announced that it had detected fraudulent transactions at its Brady House Branch in Mumbai.


BusinessToday.In
June 26, 2018
The request has been made on the basis of a recent chargesheet filed by the ED against Nirav Modi and his family under the Prevention of Money Laundering Act.


Team BT
New Delhi, June 25, 2018
Indian promoters take home fat pay cheques but their compensation is, in most cases, linked to company performance.


Joe C. Mathew
New Delhi, June 25, 2018
Despite government initiatives, India's exports have remained below the 2013/14 levels. Exporters' GST problems and rising trade barriers suggest fast growth is unlikely to materialise.


Anup Jayaram
New Delhi, June 25, 2018
India raised duties on 29 products from the US, including American apples, almonds, walnuts and stainless steel products after the US hiked import duties on steel (25 per cent) and aluminium (10 per cent).


Anand Adhikari
New Delhi, June 25, 2018
The list of negatives for rupee value against the US dollar is increasing by the day.


PTI
June 25, 2018
Morgan Stanley pegged BSE Sensex earnings growth at 5 per cent, 23 per cent and 24 per cent for financial year 2018, fiscal 2019 and fiscal 2020, respectively.


Reuters
June 25, 2018
The reserve reduction, the third by the central bank this year, had been widely anticipated by investors amid concerns over market liquidity and a potential economic drag from a trade dispute with the United States.


BusinessToday.In
June 21, 2018
While India could have imposed the retaliatory tariffs on US imports right away, but it is allowing US some time ahead of a trade package negotiation between the two nations.


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