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Mon, 06/18/2018 - 02:05

The market had a decent showing last week but struggled towards the weekend. However, it managed to close with small gains. The Sensex gained 178.47 points, or 0.50 per cent, to close at 35,622.14 points while the Nifty gained 50.05 points, or 0.46 per cent, to close at 10,817.70 points.

Mon, 06/18/2018 - 02:03

Encouraged by the growing demand for solar glass in India and abroad from panel makers, Gujarat Borosil plans to raise solar glass production by 6 per cent, or 10 tonne per day, in the current financial year, the company said during a plant visit organised for the media.

Mon, 06/18/2018 - 02:00

Companies garnered over Rs 72,000 crore through preferential share issues in April this year, recording a whopping 39-fold rise over the same month a year ago.

The firms had mopped up Rs 1,835 crore in April 2017.

Mon, 06/18/2018 - 01:58

Even as top US telcos are bracing up to launch commercial 5G services, Reliance Jio has upgraded its 4G IP network and started a pre-5G internet service to be a step ahead of its domestic rivals and possibly unleash a 4G-like disruption in the 5G market.

Mon, 06/18/2018 - 01:39

The finance ministry is looking at various options, including floating rate notes and buybacks, to rein in surging bond yields. Rising yields can disturb fiscal maths, wane investor interest in G-secs and raise the borrowing costs of the government.

Fri, 06/15/2018 - 02:12

The market snapped the three-day winning streak as selling emerged in IT, bank and consumer durables stocks on weak global cues.

Fri, 06/15/2018 - 02:10

Housing finance companies (HFCs) have been on the investors radar ever since the Narendra Modi government took office in 2014. The government’s massive housing construction plan under the Housing for All scheme was seen as a major positive for the sector.

Fri, 06/15/2018 - 01:58

For private life insurers, financial year 2018-19 started on a flat note as they recorded a mere one per cent growth in individual new business premium in the first couple of months.

Fri, 06/15/2018 - 01:56

After kickstarting consolidation in the oil sector, the government plans to undertake a similar exercise in the power sector this year, allowing state-owned NTPC to buy out the entire central government’s equity in hydropower generator SJVNL.

Thu, 06/14/2018 - 02:43

The market closed marginally higher after a highly volatile trade with the Sensex ending 46.64 points or 0.13 per cent higher at 35,739.16, the Nifty 50 index rose 13.85 points or 0.13 per cent to settle at 10,856.

Thu, 06/14/2018 - 02:41

German chemicals and pharma major Bayer Group has launched the process for over Rs 1,300-crore open offer to acquire up to 26 per cent additional stake in Monsanto India, following global acquisition of the US biotech firm for $63 billion.

Thu, 06/14/2018 - 02:31

After announcing a Rs 466-rore Rites IPO this week, the government is looking to raise Rs 8,400 crore through Bharat 22 ETF Further Fund Offer (FFO), which is being managed by ICICI Prudential Asset Management Company.

Thu, 06/14/2018 - 02:29

Having secured a licence, Neyveli Lignite Corporation will be independently trading in the power market through a power trading arm. The company hopes that the new development will double its revenue from trading.

Thu, 06/14/2018 - 02:27

Brokerages are getting bullish on pharmaceutical stocks after the recent rally and have raised price targets of bluechip pharma stocks.

Thu, 06/14/2018 - 02:17

Hong Kong-based branches of Punjab National Bank and Indian Overseas Bank have been put under enhanced supervisory oversight and barred from proactively soliciting customer deposits by the Hong Kong Monetary Authority as the capital adequacy ratio of the two lenders fell below the regulatory requ