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Sensex, Nifty end May on bullish note; Q4 GDP data, May auto volume sales to influence trading on Thursday

May was an action-packed month for stock markets, with GST rates, external data and Q4 results lifting benchmark indices Sensex and Nifty to record highs. India's GDP grew at 6.1 percent for the March quarter.

May 31, 2017

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After Interglobe Aviation and Jet Airways, all eyes now on SpiceJet Q4 results

Jet Airways reported 95 percent fall in net profit for Q4 while Indigo-owner Interglobe Aviation's bottom line dropped 25 percent; SpiceJet's results are due on June 3.

May 31, 2017

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Indians bought more gold than Americans in March quarter, World Gold Council data shows

In Q1, demand for gold jewellery in India was 92.3 tonnes in comparison to 22.9 tonnes in the US, according to WGC data.

May 31, 2017

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Reliance Communications shares plunge yet again on loan repayment, debt downgrading woes

Anil Ambani-owned Reliance Communications reported dismal Q4 results amid mounting loans and downgrading of its debt by credit rating agencies.

May 31, 2017

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Air India should be completely privatised, Niti Aayog tells Modi Govt: Report

Niti Aayog has made a case for fully privatising Air India in its report to the Prime Minister's Office submitted a few days ago.

May 31, 2017

Former TCS chief executive officer N Chandrasekaran took home Rs 25 crore as commission for FY 2017

N Chandrasekaran, who was with TCS before moving to Tata Sons this February, got Rs 30 crore for 2016-17, including commission.

May 30, 2017

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Bank of Baroda, Paytm in race to buy Snapdeal-owned FreeCharge: Report

Digital payments company FreeCharge, which was acquired by Flipkart's rival Snapdeal two years ago, is reportedly up for sale.

May 30, 2017

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Unitary Helion launches early stage fund, eyes $100 million, Teamlease acquires Freshersworld.com

Rahul Chandra, currently MD of Helion Venture Partners, said Unitary Helion will invest in fintech, digital marketplaces and value chain innovation in core sectors.

May 30, 2017

SEBI proposes tighter rules for offshore derivatives

SEBI's plan would be the latest stringent action against controversial products created by banks to track Indian derivatives, shares and debt products and then sold to overseas investors.

May 30, 2017

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Larsen & Toubro reports 30% rise in Q4 net profit, declares 1:2 bonus

Mumbai-based engineering and construction company Larsen & Toubro says its order book stood at Rs 261,341 crore.

May 29, 2017

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Jet Airways, SpiceJet stocks end lower ahead of Q4 results

Budget carrier SpiceJet will be declaring results on June 3 and Jet Airways, on Tuesday (May 30); share price of the two carriers end with minor losses.

May 29, 2017

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VietJet to become first Vietnamese company to seek overseas listing

Nguyen Thi Phuong Thao, VietJet's founder and chief executive officer, says London, Hong Kong and Singapore stock exchanges have approached her.

May 29, 2017

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We are hopeful of 1.25% GST rate on gold: Abaran Jewellers CEO Pratap Kamath

The Goods and Services Tax (GST) Council will be deciding on fixing rate on gold at its meeting on June 3. Pratap Kamath, Bengaluru-based jeweller and founder-member of All India Gems and Jewellery Trade Federation shares his views.

May 29, 2017

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Tech Mahindra shares witness steepest fall in 9 years; stock crashes 17% over weak Q4 results; Sensex, Nifty rebound

On Monday, IT services company Tech Mahindra saw its shares plummet 17 percent after it reported dismal Q4 results the previous week.

May 29, 2017

IT layoffs: Cognizant job cut plea closed in favour of retrenched employees; what's next?

The relief comes after eight employees had filed a plea with the labour department saying that Cognizant had sacked many of its employees on the basis of the annual performance appraisal.

May 29, 2017

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Business news

Sensex, Nifty end May on bullish note; Q4 GDP data, May auto volume sales to influence trading on Thursday

After Interglobe Aviation and Jet Airways, all eyes now on SpiceJet Q4 results

Indians bought more gold than Americans in March quarter, World Gold Council data shows

Reliance Communications shares plunge yet again on loan repayment, debt downgrading woes

Air India should be completely privatised, Niti Aayog tells Modi Govt: Report

Former TCS chief executive officer N Chandrasekaran took home Rs 25 crore as commission for FY 2017

Bank of Baroda, Paytm in race to buy Snapdeal-owned FreeCharge: Report

Unitary Helion launches early stage fund, eyes $100 million, Teamlease acquires Freshersworld.com

SEBI proposes tighter rules for offshore derivatives

Larsen & Toubro reports 30% rise in Q4 net profit, declares 1:2 bonus

Jet Airways, SpiceJet stocks end lower ahead of Q4 results

VietJet to become first Vietnamese company to seek overseas listing

We are hopeful of 1.25% GST rate on gold: Abaran Jewellers CEO Pratap Kamath

Tech Mahindra shares witness steepest fall in 9 years; stock crashes 17% over weak Q4 results; Sensex, Nifty rebound

IT layoffs: Cognizant job cut plea closed in favour of retrenched employees; what's next?

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]