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Avenue Supermarts could list at almost double the issue price, suggests this brokerage

Retail chain D-Mart is owned by Avenue Supermarts, whose 1,870-crore IPO ended on Friday. At Rs 295-299, the P/E works out to far lower than that of its listed rivals, says Angel Broking.

Mar 11, 2017

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Gold falls Rs 1,250 in 6 days, closes at Rs 28,850

On Friday, gold prices decline Rs 400 tracking global cues while the metal fell below $1,200 per ounce ahead of US jobs data.

Mar 10, 2017

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After Snap IPO, U.S. regulator questions unequal voting rights

"Unequal voting rights present complex and new issues that need to be understood and addressed," Commissioner Kara Stein, a Democrat, said at an SEC meeting.

Mar 10, 2017

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Oil goes below $50 a barrel as US stocks build

The fall in crude oil prices comes despite some of output cut efforts from the Organisation of the Petroleum Exporting Countries.

Mar 10, 2017

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Paytm removes 2% charge on using credit cards to add money to wallet in just 24 hours

Paytm had introduced the fee in order to prevent misuse of credit cards on its platform.

Mar 10, 2017

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Stock markets to remain closed next Monday for Holi

Monday would have been a volatile day tracking election results for Uttar Pradesh and other states.

Mar 10, 2017

Brexit effect: Bentley Motors may move production out of Britain in 'worst case scenario'

Britain is set to leave from the EU and Bentley Motors is one of the carmakers increasingly concerned about potential trade barriers.

Mar 10, 2017

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Hotstar hopes to triple advertisement income from IPL 2017

Digital streaming platform Hotstar had earned Rs 65 crore from IPL 2016 matches and has seen a spurt in viewership.

Mar 10, 2017

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Wipro gets sharp downgrade by Nirmal Bang

In a note, Nirmal Bang shares details of an interaction with Wipro and recommends a "sell."

Mar 10, 2017

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Domestic car sales rose 5% in February; Sensex sheds 100 points after bullish opening

Exit polls expect the BJP to do well in Uttar Pradesh lifting stock markets on Friday; domestic car sales were upbeat in February.

Mar 10, 2017

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SpiceJet shares skyrocket 6%, close to 52-week high

Shares of budget carrier SpiceJet gain sharply on the BSE, apparently in response to Delhi government slashing ATF prices.

Mar 9, 2017

Statue of young girl stares down Wall Street bull

As many American women prepare to draw attention to their role in the workplace, a Wall Street firm on Tuesday (7 March) put up a statue of a girl in front of Lower Manhattans well-known bronze charging bull, as if to fearlessly stare it down.Placing the diminutive, grade school-aged girl in front of the massive bull on the eve of International Womens Day was a way of calling attention to the lack of gender diversity on corporate boards and the pay gap of women working in financial services, a spokeswoman for State Street Global Advisors said.

Mar 9, 2017

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Business news

Avenue Supermarts could list at almost double the issue price, suggests this brokerage

Gold falls Rs 1,250 in 6 days, closes at Rs 28,850

After Snap IPO, U.S. regulator questions unequal voting rights

Oil goes below $50 a barrel as US stocks build

Paytm removes 2% charge on using credit cards to add money to wallet in just 24 hours

Stock markets to remain closed next Monday for Holi

Brexit effect: Bentley Motors may move production out of Britain in 'worst case scenario'

Hotstar hopes to triple advertisement income from IPL 2017

Wipro gets sharp downgrade by Nirmal Bang

Domestic car sales rose 5% in February; Sensex sheds 100 points after bullish opening

SpiceJet shares skyrocket 6%, close to 52-week high

Statue of young girl stares down Wall Street bull

Qatar Airways could launch India's 13th domestic carrier

Foreign portfolio investors go on a buying spree in Indian stock markets, again

Apple made 5 times the profit of Samsung Mobile in 2016, captured over 80% of global profits

Bigg Boss Kannada 8 Abruptly Ends Due to Covid-19 Surge; Contestants Sent Home

Mother's Day 2021: Malaika Arora says she always wanted a daughter; Here's why

Mild COVID-19 Infection Unlikely to Cause Long-term Heart Damage; New Study Brings Good News