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Thu, 05/24/2018 - 01:50

The market wilted under heavy selling after taking a breather in the previous session,  as quarterly earnings of most Indian companies fell below analyst estimates.

Thu, 05/24/2018 - 01:48

State-owned oil refiners  and marketing companies like HPCL, IOC and HPCL witnessed huge sell off on reports that the government may ask them to share the burden of higher petrol and diesel prices.

Thu, 05/24/2018 - 01:46

Infrastructure companies are seen as good long-term bets, though many of them have run up mountains of debt and are facing existential pangs. However, the opportunities offered by infrastructure development and finance are pretty huge, as also the equity investment in them.

Thu, 05/24/2018 - 01:38

Seeking to keep tax litigations low, the Central Board of Indirect Taxes and Customs (CBIC) has set up an internal target for disposing all pending cases at commissioner (appeals) level by June 30.

Thu, 05/24/2018 - 01:33

An email that may spell fresh trouble for Infosys, a whistleblower has written to Sebi complaining against the company and alleging that IT major’s chairman Nandan Nilekani had failed to uphold the highest standards of corporate governance practised earlier by the tech bellwether.

Thu, 05/24/2018 - 01:29

Fortis Healthcare on Wednesday said its shareholders have voted in favour of removal of Brian Tempest from the board of directors in the company’s extraordinary general meeting (EGM) held on Tuesday.

Thu, 05/24/2018 - 01:28

A day after BJP chief Amit Shah said the government would come up with a solution for the present oil crisis in three-four days, the Centre looked clueless about the strategy needed to counter the price volatility.

Wed, 05/23/2018 - 01:13

Singapore Exchange (SGX) on Tuesday said it will list new India equity derivatives products in June despite NSE dragging the overseas bourse to court for an interim injunction on the new products.

Wed, 05/23/2018 - 01:12

High interest-bearing non-convertible debentures (NCDs) of Dewan Housing Finance Corporation (DHFL) was lapped up by the market, signalling good latent demand for such debt issues.

Wed, 05/23/2018 - 01:11

After four years of dream run, mid-cap stocks seem to be heading towards a bearish phase, having retraced more than 14 per cent and broken down key support levels.

Wed, 05/23/2018 - 01:10

Fair trade regulator CCI has approved the German giant Bayer's proposed $66 billion acquisition of US-based biotech firm Monsanto, subject to certain modifications to the long-pending deal.

Wed, 05/23/2018 - 01:09

The market snapped its five-day losing streak and closed with gains. The Sensex closed 35 points higher, or 0.10 per cent, at 34,651 while the Nifty ended at 10,537, up 20 points, or 0.19 per cent.

Wed, 05/23/2018 - 00:50

An extraordinary general meeting of the shareholders of cash-strapped Fortis Healthcare was held at the Air force Auditorium on Tuesday morning to vote on a call for removal of four directors given by two institutional investors.

Wed, 05/23/2018 - 00:43

State Bank of India (SBI) on Tuesday reported a net loss of Rs 7,718 crore for the January-March period of the last financial year due to higher provisions for bad loans. The good news, however, is that the bank projected a recovery over the next two years.

Wed, 05/23/2018 - 00:41

The National Company Law Appellate Tribunal (NCLAT) on Tuesday ordered a status quo on insolvency of Essar Steel for two months as it admitted petitions of NuMetal and ArcelorMittal over the bidding eligibility.