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Construction, rail stocks gain on govt’s infra push

Construction stocks gained up to 5 per cent on Thursday on expectations of a major boost to their order books from the government’s decision on Wednesday to go for nine

Cyprus-based funds likely to get withholding tax refunds

With the Centre clearing the revised double taxation avoidance agreement (DT­AA) with Cyprus, the IT department is likely to release the refunds of 30 per cent withholding tax levied on

Welspun to review supply chain, mcap down by half

Welspun India lost almost 50 per cent of its market capitalisation since Monday as its stock took a beating after a top US retailer Target Corporation accused Welspun of supplying

Sensex dips 224 pts on US rate hike concerns

Domestic equities failed to sustain the positive momentum on F&O expiry day as fag-end selling pulled down the benchmark Sensex by over 224 points, the worst single-day fall in more

MFs asset base from B15 cities up 19% to Rs 2L cr

Contribution of small towns -- known as beyond the top 15 cities (B15) -- to mutual funds' asset base in India has surged 19 per cent to Rs 2.02

SBI to raise up to $1.6b via perpetual debt

The country’s largest lender State Bank of India (SBI) on Wednesday said that it will raise up to Rs 11,000 crore ($1,653.45 million) through additional tier 1 (AT1) capital

GST to raise coffee, tea rates: Mistry

GST implementation will have an inflationary impact and will raise tea prices, according to Cyrus Mistry, chairman (non-executive) of Tata Global Beverages. He, however, clarified that GST would have

Sensex ends 70 pts up ahead of Yellen speech

In yet another volatile session, the BSE Sensex on Wednesday settled nearly 70 points higher, breaching the 28,000-level on mild buying in pharma, IT and PSU counters, but broader market

Sebi reviews warehousing norms for agri products

With an aim to improve the delivery and settlement mechanism, markets regulator Sebi is reviewing warehousing norms for agricultural products traded on commodity derivatives exchanges.

Walmart reviews cotton certification records of Welspun

Global retail giant Walmart is reviewing cotton certification records of Welspun India in the wake of Target Corporation's decision to terminate contract with the Gujarat-based textiles maker over alleged lapses in products supplied to it.

Smart Chips
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    The counter witnessed build-up of fresh positions in cash market as well as derivative segment.

Lazy Chips
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    The counter continued to see selling of positions in cash market as well as derivative segment.


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