Business news

A bottle of Johnson and Johnson Baby Powder is seen in a photo illustration taken in New York

Trouble mounts for Johnson & Johnson as India reacts to reports of asbestos in baby powder

The reports sent the company's share price tumbling and within hours its market valuation was down by $40 billion.

Dec 18, 2018

IL&FS (Infrastructure Leasing and Financial Services Ltd.)

IL&FS Securities attract big buyers, leading banks; Rakesh Jhunjhunwala lines up to bid

Rakesh Jhunjhunwala's private equity firm Rare Enterprises has shown its interest in IL&FS Securities Services Ltd (ISSL).

Dec 18, 2018

Securities research firm highlights risks of buying into runaway rally

Oil, rupee and election-year populism may hurt Indian markets in the short-to-medium terms, says CLSA.

Dec 18, 2018

Reliance, Jio, GigaFiber, registration, how to apply

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

sensex at all time high, sensex at new high, indian stock markets, djia at record high, djia makes history

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

BRITAIN-EU-POLITICS-BREXIT-ECONOMY-CURRENCY-MARKETS

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

nse nifty, nifty at new high, nifty at historic high, nifty at lifetime high, nifty to cross 10000, nifty to hit 10000, sensex gainers, 3 years of modi govt

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

sugarcane, sugar output, sugar production in india, isma, isma estimates, sugar stocks

Centre sour as sugar exporters miss target by wide margin

The Modi government is facing pressure from sugarcane farmers as prices remain low from inventory build-up and weak export uptake.

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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Business news

Trouble mounts for Johnson & Johnson as India reacts to reports of asbestos in baby powder

IL&FS Securities attract big buyers, leading banks; Rakesh Jhunjhunwala lines up to bid

Securities research firm highlights risks of buying into runaway rally

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

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

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

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

Retail stress roils European stocks

Sensex reclaims 36,000, surges 307 points

Stockbrokers seek securities transaction tax rationalisation in budget

Centre sour as sugar exporters miss target by wide margin

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

Sensex rises 224 pts on fund inflows, positive Asian cues

Global cues to dictate equity indices, rupee's trend

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

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]