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PTI
October 29, 2018



BusinessToday.In
New Delhi, October 29, 2018
Eight of top 10 companies lose Rs 1.35 lakh crore in market valuation; Sanjay Kumar Mishra named new interim Enforcement Directorate chief; One97 communication's losses shoot up 78% to Rs 1,490 crore in FY18; government expects recoveries to exceed Rs 1.80 lakh crore in FY19; PM Narendra Modi meets Shinzo Abe on two-day Japan visit; formal talks today. Watch more in this episode of Business Wrap.


Anand Adhikari
October 29, 2018
Close to a dozen public sector banks are under PCA framework, monitored by RBI with lending restriction till they nurse back to good health.


BusinessToday.In
October 29, 2018
While the Adani Power stock closed 18.73% or 6.65 points higher at 42.15, the Tata Power stock rose 12.40% to 77.50 level. The Adani Power stock rose 23.66% intra day to 43.90 and Tata Power stock rose 24.95% intra day to 86.15 level.


PTI
New Delhi, October 29, 2018
The revenue of Flipkart Internet is mainly generated from services like collection, marketplace, storage and logistics.


BusinessToday.In
October 29, 2018
ICICI Bank was the top Sensex gainer post Q2 earnings after brokerages raised the stock's target price. Other Sensex gainers were SBI (7.90%), Adani Ports (6.62%) and L&T (5.15%).


PTI
October 29, 2018



BusinessToday.In
October 29, 2018
Jet Airways founder chairman Naresh Goyal has reportedly approached Mukesh Ambani in his personal capacity.


BusinessToday.In
New Delhi, October 29, 2018
Eight of top 10 companies lose Rs 1.35 lakh crore in market valuationEight of the 10 most valued Indian firms suffered a combined loss of Rs 1,35,162.15 crore in market capitalisation last week with benchmark BSE Sensex diving around 3 per cent. TCS, RIL and Infosys took a severe beating in market valuation while only two bluechips, HDFC and ICICI Bank, managed to record gains in market capitalisation (m-cap) for the week ended Friday.UIDAI asks banks to use Aadhaar eKYC for DBT u...


BusinessToday.In
October 29, 2018
The Sensex lost 14% or over 5,640 points and Nifty is down 14.71% or 1,730 points since August end.


Aprajita Sharma
New Delhi, October 29, 2018
Net profit of 126 BSE500 companies that had declared results as of October 26 evening rose 14.1 per cent year-on-year on the back of 25.3 per cent jump in net sales.


Dipak Mondal
New Delhi, October 29, 2018
China's crackdown on polluting steel plants helped HEG's graphite electrode business grow more than nine times.


E. Kumar Sharma
New Delhi, October 29, 2018
Strides Pharma Science attributes its underwhelming performance to a confluence of headwinds and execution challenges.


BusinessToday.In
New Delhi, October 29, 2018
One97 Communications' revenues from operations, however, grew manifold to Rs 2,987.41 crore in FY2017-18 as against Rs 624.76 crore in FY2016-17.


PTI
October 28, 2018



PTI
October 28, 2018



PTI
October 28, 2018
The market has been correcting in the last two months and in the near-term considering the technical factors, we are bound to see some relief, experts believe.


PTI
October 28, 2018
TCS, RIL and Infosys took a severe beating in market valuation while only two bluechips, HDFC and ICICI Bank, managed to record gains in market capitalisation this week.


Anand Adhikari
October 27, 2018
The RBI always has had its disagreements with the government, mostly in private and rarely in public, when it comes to its autonomy in setting the monetary policy, regulating banks, managing the rupee value in foreign exchange market, and even debt management function.


BusinessToday.In
October 26, 2018
The ED and CEO of Reliance Securities says the market is facing huge headwinds of tightening of global liquidity, resulting in compression of valuations.


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