Business
Oil Stocks Plunge up to 25% Post Fuel Price Cut by Govt
Intra-day, the shares of ONGC, HPCL, IOC and BPCL touched their 52-week low on the BSE.
RBI Keeps Repo Rates Unchanged at 6.50% Even as Rupee Falls to Record Low
A majority of the analysts and bankers were expecting the six-member Monetary Policy Committee to go at least for a 0.25 per cent hike in key rates at the review.
SC Allows NBCC to Float Tenders for Selecting Builder for Stalled Amrapali Projects
The Supreme Court said that non-cooperation by existing architects of Amrapali with the NBCC will be "viewed seriously".
Khadi Store in Connaught Place Records Sale of Rs 1.06 Crore on Gandhi Jayanti
Earlier this year, sales of Khadi, including solar and poly vastra, had grown to Rs 2,503 crore during the 2017-18 financial year as against Rs 2,007 crore in 2016-17.
Sensex Surges 299 Points on Liquidity Boost, Macro Data
The NSE Nifty gained 77.85 points, or 0.71 per cent, to finish at 11,008.30. Intra-day, it shuttled between 10,821.55 and 11,035.65.
IL&FS Stocks Up by Over 15% as Centre Moves NCLT for New Management
The government moved National Company Law Tribunal (NCLT) on Monday, looking to take over debt-ridden IL&FS by dissolving the entire board and appointing ten new directors with Kotak Mahindra Bank boss Uday Kotak as the non-executive chairman.
IMF, World Bank and WTO Seek Removal of Barriers to Global Service Trade
The joint report between the IMF, the World Bank and the WTO identifies areas where trade has the potential of contributing particularly strongly to productivity growth and economic growth overall.
Four of 10 Most Valued Companies Add Rs 76,959 Crore in m-cap
The m-cap of TCS soared by Rs 30,896.6 crore to Rs 8,36,352.25 crore.
Bidder Cries Foul Over Sale of Vijay Mallya’s Force India, Says Indian Banks Lost Over Rs 377 Crore
Uralkali launched legal proceedings against administrators FRP Advisory in the High Court in London on Friday to claim "tens of millions of dollars" in damages over the alleged "prejudicial and unequal treatment" in the bidding process.
Chennai Airport to Get New Terminal for Rs 2500 Crore in Next Four Years
An Airport authority of India official said passenger traffic has witnessed a 20 per cent growth in the last three months and if this trend continued, the existing terminal would not be able to handle it.
IL&FS Financial Services Misses Loan Repayments Due this Month
IL&FS is a major Indian infrastructure finance and construction company, which has built up big debts and is now facing a credit crunch. As a result, Indian authorities are trying to calm market fears that IL&FS's troubles could trigger a crisis in the wi...
Court Directs ED to File Charge Sheet Against Accused in Bank Loan Fraud Case of Over Rs 5000 Crore
The court, which had earlier issued open-ended non-bailable warrants against pharma firm's directors, passed the directions after being told by the ED that its report was in final stage.
Rupee Recovers 8 Paise Against US Dollar
Currency traders said weakness in the dollar against some global currencies overseas and a higher opening of the domestic equity market supported the rupee.
TCS Conducts Online Test to Recruit Engineering Graduates
The National Qualifier Test (NQT) was conducted on its digital platform, TCS iON on September 2 and 3 and received over 2.8 lakh registrations across 100 cities, TCS said in a statement.
Sensex Falls Over 100 Points on Foreign Fund Outflow: ICICI, Tata, Airtel Among Big Losers
The big losers were Bharti Airtel, M&M, PowerGrid, Kotak Bank, Tata Steel, ICICI Bank, ITC, IndusInd Bank, Axis Bank, Maruti Suzuki, SBI and TCS, losing up to 3.43 per cent.
Rupee Dives 43 Paise as Crude Reclaims USD 80-mark
The rupee had recovered a healthy 78 paise in the last two sessions after crashing to a historic low of 72.99 last week.