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BusinessToday.In
August 20, 2018
The stock which closed at 1240.30 level on Friday rose up to 6.01% intra day  to 1319.65 level in trade today.  The stock was the top gainer on Sensex and Nifty and opened with a gain of 4.81%.


BusinessToday.In
New Delhi, August 17, 2018
Gross NPAs have exceeded Rs 8.5 lakh crore, up 19% year-on-year, while total provision for NPAs jumped 28% (y-o-y) to Rs 51,500 crore.


Goutam Das
August 16, 2018
The IT industry was tottering at around $6 billion in 1999-2000. It is more than a $150 billion industry now.


Manu Kaushik
August 16, 2018
Vajpayee government took some historic decisions to fast-track the growth in the telecom sector.


BusinessToday.In
New Delhi, August 16, 2018
Payout by RBI has shot up 63% year-on-year, but the finance ministry is not happy. The government believes that the payout ought to be higher so it has reportedly asked the apex bank to review its dividend and capital conservation rules.


www.businesstoday.in
August 15, 2018
Prime Minister Narendra Modi has announced in his Independence Day speech, the launch of Pradhan Mantri Jan Arogya Abhiyan or PRAJAA scheme on September 25. The scheme aims to cover 40% of lowest income Indians or 10.7 cr Indian households. Watch BusinessToday.In video to understand all about Modi government's ambitious health scheme.


PTI
August 15, 2018
Prime Minister Narendra Modi today said a new agriculture export policy will be unveiled soon to boost farm income as the government is on track to achieve the target of doubling farmers' income by 2022.


BusinessToday.In
August 15, 2018
The Prime Minister mentioned some of the key policy decisions such as GST and Benami Law that were discussed for years but did not see the light of the day till his government came to power.  


BusinessToday.in
New Delhi, August 15, 2018
Modi says India is now the land of reform, perform and transformPrime minister Narendra Modi delivered his fifth Independence Day Speech as PM. Running parallel to the  Ayushman Bharat-National Health Protection Scheme would be the Jan Aarogya Abhiyan which would kick off on September 25, he announced. The healthcare schemes will ensure access to good quality healthcare for the poor and marginalised. Modi also said India used to be a 'sleeping elephant', but has started walking and running now'. He announced a manned mission to space by 2022. He also thanked the business community for the success of GST.Rupee has fallen due to external factors, nothing to worry says govtThe rupee fell to a record low of 70 against the dollar on Tuesday amid fears that the financial troubles faced by Turkey may spread to other emerging economies. The rupee ended trading on Tuesday at 69.89 per dollar.Attributing the fall in rupee value against the US dollar to 'external factors', economic affairs secretary Subhash Chandra Garg said that there was nothing to worry about as long as the depreciation was in line with other currencies.Rupee has given 'vote of no confidence' to Modi by crashing to historic low, says RahulWith rupee touching a fresh all-time low of 70.08 against dollar , Congress President Rahul Gandhi turned the heat on the Narendra Modi government over its failure to control the declining rupee. The Indian currency has seen nearly 10 per cent fall this year alone. Taking a jibe at Prime Minister's remarks of \"70-year misrule\" of various parties, including the Congress, the party said \"Modiji finally managed to do something that we couldn't do in 70 years\".RBI rejects Kotak Bank's promoter stake dilution plan, says it does not meet normsDays after private lender Kotak Mahindra Bank said it had used the preference share allotment route to reduce promoter Uday Kotak's shareholding in the bank, the RBI rejected it saying \"it does not meet their promoter holding dilution requirement\". In a regulatory filing on Tuesday, Kotak Mahindra Bank said it still believes that the bank's stake dilution plan meets the requirement, and assured to continue engaging with the central bank over the issue.India's richest women: Smitha Crishna, Roshni Nadar top listA survey, prepared by Kotak Wealth-Hurun, features Smitha Crishna, the third generation heir of the Godrej empire, as the wealthiest Indian woman with net worth of Rs 37,570 crore. The total wealth of each woman featured in the top 100 women exceeds Rs 1,000 crore, while their average income is around Rs 4,000 crore. Kiran Mazumdar-Shaw is the only richest self-made women -- with the total wealth of Rs 24,790 crore - who could make it to the top 100. Following Smitha is HCL CEO and Executive Director Roshni Nadar, whose net worth is around Rs 30,200 crore. On the third spot is Indu Jain of Bennett Coleman and Co Group, whose total wealth is estimated to be around Rs 26,240 crore.Twitter launches Twitter LiteMicro-blogging platform Twitter has launched Twitter Lite Android app in 21 more countries, including India, that will minimize data usage. It will load quickly on slower networks and take up less space on a mobile device. It's on the same lines as Facebook Lite and Youtube Go. The app, built for 2G and 3G networks which are still in use in several parts of India, helps a user save on data while using it.Reliance Jio's broadband service GigaFiber registrations to start todayRegistrations for Jio GigaFiber high-speed broadband are now officially open, allowing you to show your interest in the service. Jio GigaFiber was announced last month at the company's 41st Annual General Meeting, and will provide speeds to 1Gbps, according to the company. The company will give priority to areas with the highest interest for the rollout. The Jio broadband service was being tested out for the past two years.Cash-strapped Fortis Healthcare sees signs of improvementCash-strapped Indian hospital operator Fortis Healthcare Ltd said it was starting to see some signs of recovery, as it secured shareholder approval for its takeover by Malaysia's IHH Healthcare Bhd. Fortis which operates 30 private hospitals in India has been struggling with a cash crunch, rising debt and other problems. IHH will invest 40 billion rupees at 170 rupees per share in Fortis.


BusinessToday.In
August 15, 2018
Prime Minister Modi said that the country has made rapid changes in the past few years compared to 2013 when the Congress-led UPA government was in power. The Prime Minister said that the country was on a new path of progress.


Sonal Khetarpal
August 14, 2018
Promoters of MNCs have also increased the stake in their Indian subsidiaries, probably indicating their belief in the 'India story'.


Niranjan Hiranandani
August 14, 2018
The RERA Act brought in transparency and accountability to real estate sector and boosted home buyers' confidence not just in Mumbai and the MMR, but across the country.


BusinessToday.In
New Delhi, August 14, 2018
Kiran Mazumdar-Shaw is the only self-made women -- with the total wealth of Rs 24,790 crore - who could make it to the top 100. On the third spot is Indu Jain of Bennett Coleman and Co Group, whose total wealth is estimated to be around Rs 26,240 crore.


BusinessToday.In
August 14, 2018
The Life Insurance Corporation is in the process of buying 51 per cent stake in the debt-stressed IDBI Bank. The Union Cabinet gave its approval to the proposal on August 1.


Sandeep Bhardwaj
August 14, 2018
Essentially, the difference is quite simple. In a growth plan, the fund does not payout anything to the investors by way of regular payouts. All the profits of the fund are reinvested in the fund and therefore your wealth compounds. On the other hand, the dividend plan pays dividends out of profits earned and income generated.


BusinessToday.In
August 13, 2018
The Sensex and Nifty closed lower for the second straight session in trade  today on negative global cues and weak rupee. While the Sensex fell 224 points or 0.59% to 37,644 level, Nifty closed 0.65% or 73 points lower at 11,355 level as global markets crashed amid fears that financial crisis in Turkey could spread to other economies. Meanwhile, the rupee hit an all-time low of 69.91 intra day tracking weakness in global currencies. Infosys (1.75%), Sun Pharma (1.65%) and Wipro (1.31%) were the top Sensex gainers. IT sector stocks were the top gainers today due to a fall in rupee. The BSE IT index rose the most among the 19 sectoral indices to close 1.24% or 182 points higher at 14,865 level. A fall in rupee translates to higher income for IT firms. IT companies earn most of their revenues in dollars. So, each dollar earned abroad will now get them more rupees.Banking and oil and gas indices on the BSE were the worst losers with BSE bankex falling 1.20% or 380 points to 31,368 level. The BSE oil and gas index too fell 1.93% or 290 points to close at 14,804. Vedanta (3.40%), SBI (3.17%) and YES Bank (3.11%) were the top Sensex losers. Market breadth was negative with 956 stocks closing higher compared to 1724 falling on the BSE.


BusinessToday.In
August 13, 2018
Meanwhile, the rupee hit an all-time low of 69.91 intra day tracking weakness in global currencies. Infosys (1.75%), Sun Pharma (1.65%) and Wipro (1.31%) were the top Sensex gainers. IT sector stocks were the top gainers today due to a fall in rupee.


PTI
New Delhi, August 13, 2018
The income registered a dip due to restrictions on entry of devotees into the shrine on account of 'Astabandhana Balalaya Maha Samprokshanam' ritual.


BusinessToday.In
August 13, 2018
Last week, Future Retail posted a 3.56 per cent rise in net profit at Rs 153.12 crore for the quarter ended June 30, 2018. According to a regulatory filing by Future Retail, total income during the April-June quarter stood at Rs 4,541.94 crore.


BusinessToday.In
August 12, 2018
PM Modi argued that when investment in infrastructure projects like, making roads, laying down rail lines, setting up power generation is at all-time high, how come the jobs will not be created.


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