Business

The benchmark BSE Sensex stretched its losses for the third day on Wednesday, declining over 109 points in early trade on sustained selling by investors amid weak global cues. The 30-share Sensex fell further by 109.20 points, or 0.38 per cent, to 28,072....

Sustained foreign capital inflows into equity market in view of second consecutive gain in Sensex restricted the rupee's fall against the dollar, a forex dealer said.

Promising start-ups in e-commerce and e-retail space are the ones that will change the face of Indian merchandising and marketing business, Tata Sons Chairman Emeritus Ratan Tata said.

Positive comments from the Reserve Bank Governor Raghuram Rajan that India will see limited impact of the debt crisis in Greece as it has little direct exposure to the European nation also supported the overall trade.

The Sensex is up 61.79 points at 27842.62, and the Nifty is up 7.75 points at 8376.25.

Shares of Bharat Forge plunged 4.03%, Tata Motors was down 2.07%, Havells India went down by 1.66% on BSE.

The Sensex was down 166.69 points or 0.6 per cent at 27645.15, and the Nifty slipped 54.40 points or 0.6 per cent at 8326.70.

Money held by Indians in Swiss banks fell by over 10 per cent last year to 1.8 billion Swiss franc

Reliance, which re-entered telecoms in 2010 by acquiring the only company that had won nationwide 4G airwaves in a government auction, is yet to start services as it builds the business under unit Reliance Jio on an unproven and still-developing technolog...

Billionaire Mukesh Ambani will re-enter the telecom business with a Rs 4,000 4G smartphone by December, offering voice and data services for as low as Rs 300-Rs 500 per month.

Arun Jaitley assured Kashmir Chamber of Commerce and Industry (KCCI) that the Centre will soon announce a comprehensive rehabilitation package for flood victims of Jammu and Kashmir.

A weak monsoon is likely to be credit negative for India as it is expected to push up food inflation as well as government deficits.

Jet Airways on Monday said it has lowered its business class fares by 25 per cent for travel on its domestic network with a three day booking window period.

A Bihar court had on Tuesday ordered an FIR against Maggi brand ambassadors including Amitabh Bachchan and Madhuri Dixit even as Nestle India faced trouble in more states.

First off the blocks, state-owned Allahabad Bank on Tuesday cut its base rate or minimum lending rate by 0.3% within hours of RBI lowering key policy rate for the third time in 2015.

The RBI has also decided to keep the cash reserve ratio of scheduled banks unchanged at 4.0 per cent.