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India's telecom providers sceptical about Modi govt proposal for 5G spectrum auction in August 2019

Struggling under huge debt burden and a bruising price war, the telecom providers will find it difficult to take part in bidding set to start at Rs 4.94 trillion.

Dec 18, 2018

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Sensex drops 141 points in early trade on global sell-off, profit-booking

The 30-share index dropped 140.51 points, or 0.40 per cent, to 36,129.56 points in opening trade. The gauge had rallied over 1,310 points in the previous five sessions.

Dec 18, 2018

Offline retailers threaten to stop stocking goods that offer massive online discounts

In massive pushback, brick-and-mortar stores ask manufacturers to maintain pricing and supply parity across all channels.

Dec 18, 2018

Asia stocks slide over concerns of slowing global economy; Wall Street stocks skid to lowest level in 2018

The Nasdaq Composite dropped 2.27 percent, with Amazon, one of the best performing shares this year, sliding 4.5 percent.

Dec 18, 2018

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Retail stress roils European stocks

European shares tumbled again on Monday as a profit warning from online fashion retailer ASOS sent retail stocks spiralling down as investors fretted that consumers are failing to deliver the traditional pre-Christmas spending boost to markets.

Dec 17, 2018

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Sensex reclaims 36,000, surges 307 points

For the 50-share NSE Nifty, the close came in at 10,888.35, higher by 82.90 points, or 0.77 per cent, after shuttling between 10,900.35 and 10,844.85.

Dec 17, 2018

Stockbrokers seek securities transaction tax rationalisation in budget

Traders urge Sebi to approach the government for considering in the budget demands on long-term capital gains tax and dividend distribution tax.

Dec 17, 2018

An aircraft of India's Jet Airways lands

More trouble for Jet Airways as Nikos Kardassis, tasked to turn around carrier, leaves

Nikos Kardassis had joined Jet for the third time in May 2018, after owner Naresh Goyal brought him back hoping that he would help turnaround the troubled airline. However, Kardassis had gone to his home country on leave in November, and did not return.

Dec 17, 2018

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Sensex rises 224 pts on fund inflows, positive Asian cues

Positive cues from other Asian markets also bolstered trading sentiments here, traders said. The BSE Sensex rose 223.89 points, or 0.62 per cent, to 36,186.82.

Dec 17, 2018

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Global cues to dictate equity indices, rupee's trend

Last week's provisional data from exchanges showed that foreign institutional investors (FIIs) became net sellers, as they off-loaded a total of Rs 2,067.19 crore worth of shares.

Dec 16, 2018

RBI board meeting: 4 out of 11 banks may witness ease in lending restrictions

The central bank has taken an activist stance in its last meetings however, the newly appointed governor has adopted a more consultative approach while dealing with the issue.

Dec 16, 2018

Airbnb looks to expand across country with rural India on radar

The San Francisco-headquartered company has now been operating in India since last three years and have signed memorandums of understanding with the tourism departments of Gujarat, Andhra Pradesh and Maharashtra.

Dec 16, 2018

IL&FS crisis: Debt-laden group to sell luxury cars, office furniture to raise funds

The Infrastructure Leasing & Financial Services (IL&FS) including its various group firms have invited bids to sell 36 luxury cars, including brands like Audi, BMW, Jaguar, Mercedes Benz, Land Rover, Honda, Toyota, and Skoda.

Dec 16, 2018

Bulls await overseas cues with domestic red rags of RBI, state elections gone

The Reserve Bank of India's clear signals under new leadership for a conformist path on key sticky issues prep up the markets.

Dec 15, 2018

RBI board seeks more discussion on governance under new boss

The governance issue was a key part of the board meeting's agenda as the government wanted to have a greater say in the bank's regulatory decisions through its board nominees.

Dec 15, 2018

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