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BusinessToday.In
May 22, 2018
SoftBank CEO Masayoshi Son's indecisiveness had reportedly stemmed from two factors - the significant tax liability involved and his reluctance to miss out on Flipkart's potential valuation jumps in the future.


BusinessToday.In
May 22, 2018
Interestingly, while the retail prices have gone up, the price at which the fuel is sold to petrol pump dealers has come down drastically since 2013.


BusinessToday.In
New Delhi, May 21, 2018
The behaviour of the exchange rate in May 2018 has been eerily similar to that in May 2013, the month that marked the onset of the 'taper tantrum' - when hints from the U.S. Federal Reserve that it was planning to taper its bond-buying programme saw the rupee slide by over 20 per cent against the dollar in three months till August.


www.businesstoday.in
May 18, 2018



BusinessToday.In
May 18, 2018
The stock has risen 72.71% in two sessions. On Thursday, the stock closed 57 percent higher to 16.55 on BSE. Buying was also seen in other ADAG stocks, with Reliance Naval and Engineering rising 33.07 per cent, Reliance Capital (4.64 per cent) and Reliance Infrastructure (3.21 per cent) yesterday.


BusinessToday.In
New Delhi, May 17, 2018
The Congress party, wary of its MLAs shifting loyalties amidst horse-trading attempts by the BJP, even took them away to a luxury hotel in Bengaluru - the famous Eagleton Resort where the Gujarat Congress had also flown its MLAs in a same situation in 2017 - only to realise two of its MLAs, Anand Singh and Pratapgouda Patil, were missing from the flock.


www.businesstoday.in
May 17, 2018



BusinessToday.In
New Delhi, May 17, 2018
The rupee has had a rough ride of late but the good news is that it continued to strengthen for a second day today. The rupee opened eight paise higher at 67.72 against the US dollar this morning. It proceeded to gain 13 paise in the morning trade before slipping again and is currently at 67.70.


BusinessToday.In
May 17, 2018
The market capitalisation of the stock stood at Rs 80,263.80 crore on BSE.  The stock has delivered 61.07% returns during the last one year compared with 45.74% returns from the sector. It has risen 23.47% since the beginning of this year.


BusinessToday.In
May 16, 2018
Banking stocks led the losses with the BSE bankex falling 349 points or 1.17% to 29,357. 48 level. Bank Nifty too fell 291 points or 1.10% to 26,182 level.


PTI
May 16, 2018
Vodafone India today posted operating profit of Rs 9,805 crore for the fiscal ended March 2018, largely on the back of Rs 3,850 crore gains from the sale of mobile towers.


E Kumar Sharma
New Delhi, May 15, 2018
Employee Stock Ownership Plan, or ESOPs, are in focus following the Walmart-Flipkart deal. But, what does it mean for the taxman, and talent in India?


www.businesstoday.in
May 15, 2018



www.businesstoday.in
New Delhi, May 15, 2018
The Sensex and Nifty erased all their gains since morning trade today after BJP struggled to reach the halfway mark of 112 seats to form the next government in Karnataka. Of 30 Sensex stocks, 16 ended lower. Sensex ends 12 points lower to 35,543, Nifty stands at 10,801, down 4.75 points. Watch BusinessToday.In's video where Sameet Chavan, Chief Analyst, Technicals and Derivatives at Angel Broking, takes us through the market action today.


BusinessToday.In
May 15, 2018
While the Sensex closed 12 points lower to 35,543, Nifty stood at 10,801, down 4.75 points.  Of 30 Sensex stocks, 16 ended lower. The Indian rupee too followed the stock market and fell below the 68 mark for the first time since January 2017, closing at 68.07 level. The currency opened lower by 17 paise at 67.68 per dollar today against previous close of 67.51.


BusinessToday.In
May 15, 2018
The government holds 54.03% stake in the firm.  It plans to sell 26% stake and cut it to 28% in the public sector firm


BusinessToday.In
May 15, 2018
Sensex, Nifty close marginally lower after BJP falls short of halfway mark and Congress announces outside support to JDS to form the government in the state.  Sensex ends 12 points lower to 35,543, Nifty stands at 10,801, down 4.75 points


www.businesstoday.in
May 14, 2018



www.businesstoday.in
New Delhi, May 14, 2018
The Sensex closed about 21 points higher today after early gains were erased due to a sell-off by participants ahead of the outcome of Karnataka assembly elections. The broader 50-issue NSE Nifty edged up just 0.10 points to close at 10,806, after shuttling between 10,834 and 10,774. Watch BusinessToday.In's video where Ruchit Jain, Technical Analyst, Angel Broking, takes us through the market action today.


PTI
New Delhi, May 14, 2018
HUL's net sales during the quarter under review stood at Rs 9,003 crore compared to Rs 8,773 crore in the same quarter previous fiscal. After the implementation of GST in July last year, revenue for the March quarter is reported as net of GST, whereas in the year ago period excise duty was included in the revenue.


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