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saudi aramco, aramco ipo, aramco public issue

Saudi Aramco prospectus flags risks, gives few details on IPO size

The more than 600-page prospectus did not include details of how much of the company would be floated in total. Nov 10, 2019
Ravi Shankar Prasad

AGR ruling: Firms with telecom licence tense fearing Rs 2.8 lakh crore DoT dues

All companies that have a telecom licence are worried as DoT has begun examining if the SC order that has roiled mobile service firms Vodafone and Airtel may be applicable to other firms. Nov 7, 2019
nse at alltime high, nse at historic high, nse at lifetime high, nse crosses 9400, sensex at lifetime high, sensex at new high, imd predicts normal rainfall

Market today: Sensex scales fresh record to reach 40,500; Nifty inches closer to 12,000

The surge was led by gains in Infosys, Kotak Mahindra Bank, ICICI Bank, IndusInd Bank, Larsen & Toubro, Sun Pharma and HDFC Bank. Nov 6, 2019
Nirmala Sitharaman

Is realty sector next in line for Finance Minister Sitharaman's booster shot?

FM Sitharaman claimed the government and the RBI are working to resolve issues the realty sector is facing. Nov 6, 2019
india fuel prices

Petrol prices fall for 5th consecutive day, diesel price unchanged: Check latest rates in key cities

The Indian oil website shows the petrol rates in Delhi, Kolkata, Mumbai and Chennai -- Rs 72.60/litre, Rs 75.32/litre, Rs 78.28/litre and Rs 74.45/litre respectively. Nov 5, 2019
Airtel vs Reliance Jio

Will official panel proposals help telecom sector survive blow of huge levies?

The official panel may recommend measures to give respite to telecom players Vodafone Idea and Bharti Airtel without which the two may become unviable leaving the field clear for Reliance Jio. Nov 4, 2019
Petrol Diesel

Petrol, diesel prices fall for 4th consecutive day, check latest price in your city here

Diesel prices were reduced by five paise in Delhi, three paise in Kolkata and Mumbai, and two paise per litre in Chennai. Nov 4, 2019
nse at alltime high, nse at historic high, nse at lifetime high, nse crosses 9400, sensex at lifetime high, sensex at new high, imd predicts normal rainfall

Market today: Sensex crosses 40,400 to hit record high; Nifty above 11,900

The Sensex gained for the seventh straight session over the strong inflow of foreign funds and better than expected earnings post the corporate tax cut. Nov 4, 2019
sensex nifty

Sensex hits record high, surpasses 40,260, Nifty tops 11,900

Indian shares have seen steady gains in the last few sessions buoyed by positive global cues. Oct 31, 2019
sensex nifty

Sensex hits 40,000, Nifty above 11,800 as financials gain

In domestic markets, the Nifty PSU Bank index, which tracks the country's state-run lenders, rose 1 per cent, with shares of Central Bank of India adding over 4 per cent. Oct 30, 2019
Mumbai airport

Clash of the titans: Will GVK succeed in keeping Adani out of Mumbai airport?

GVK raises Rs 7,600 crore to pare debt and buy 23.5% more stake in Mumbai Airport to raise ownership to 74% Oct 29, 2019
Mercedes-Benz GLE

Worried about slowdown? Mercedes-Benz India sells 600 luxury cars on Dhanteras

The German carmaker's Indian arm said it delivered more than 250 cars in Delhi-NCR alone on Dhanteras; festival season sales surge promises turnaround for the slowdown-hit auto sector. Oct 28, 2019
modi xi jinping mamallapuram

What is RCEP? Will it be bad for economy like demonetisation, GST as some think?

China-led, 16-member RCEP is an expansion of the 10-member Asean by taking in the Asian bloc's free trade partners; the RECP is expected to cover about 3.4 bn population and $49.5 trn GDP (PPP) marking 39.5% of the global economy. Oct 26, 2019
Backlash over Reliance Jio's decision to charge voice calls

Will SC order on gross revenue unduly benefit Mukesh Ambani's Reliance Jio?

The SC order upholding govt's calculation of the adjusted gross revenue will mostly affect top telco Vodafone Idea and third-placed Bharti Airtel; Reliance Jio being a relatively new firm owes minuscule part of the total dues of Rs 93,000 crore. Oct 26, 2019
world bank

India rises up 14 ranks to 63rd place in World Bank 'Doing Business' list

The report stated that starting a business in India has been made easier by abolishing filing fees for the Simplified Proforma for Incorporating a Company Electronically (SPICE), electronic memorandum of association, and articles of association. Oct 24, 2019
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