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bse sensex rexit brexit dalal street shares bank npa inflation

Sensex likely to take a hit on Monday, courtesy Rexit

Market sentiments could take a hit on Monday in response to RBI chief Raghuram Rajan ruling out seeking a second term. Jun 18, 2016
construction real estate

Govt may grant retrospective green clearance to non-compliant projects; seeks public response

The proposal seeks to grant retrospective green clearance if developers compensate for environmental damages caused so far. Jun 18, 2016
McDonald's

McDonald's cost-cutting exercise in US may lead to India outsourcing

In an effort to show $500 million in savings by 2017, McDonald's will lay off a few employees in the U.S., according to a report. Jun 18, 2016
Coca Cola

India's coke the cheapest and most accessible, says Coca Cola president

Consumption today is more health or diet driven at urban centres, while there is a need for affordable packages at other regions, reported the Economic Times. Jun 18, 2016
NSE national stock exchange ipo listing limit foreign investor investment public issue stocks shares rbl bank ipo

Modi Govt to launch its first CPSE exchange traded fund

The CPSE (ETF) would comprise equity shares of listed PSUs and private firms in which the government holds shares. Jun 18, 2016

Indian oil companies to buy 24% stake in Russia's Vankor oilfield for $2.1 billion

In September 2015, OVL invested $1.25 billion to fork out a 15 percent stake in the same oilfield. Jun 18, 2016
Amul

India's Amul with overall turnover of $5 billion is world's 13 largest dairy

The company boasts of passing on 80 paisa for every rupee earned to its dairy farmers on each of its flagship Amul products sold. Jun 17, 2016
Cash Machines

NRIs can now open NPS account online using eNPS platform

As old age income security, NPS can provide a long term solution to most Indian expatriates who plan to return to the country in future. Jun 17, 2016
vistara airasia india aviation policy india domestic air traffic

Vistara looking at strategic partnerships to expand business

Vistara, jointly owned by Singapore Airlines and Tata Group, is also eyeing fleet expansion to fly on international routes. Jun 17, 2016
hdfc max merger insurance life bse bombay stock exchange

HDFC Life, Max Life, Max Financial Services merger could pip ICICI Prudential; Max shares hit 52-week high

Both HDFC and Max Financial Services boards approved the three-way merger that also involves Max Life Insurance. Jun 17, 2016
Revlon

Revlon seeks to strengthen foothold in skincare sector with acquisition of Elizabeth Arden

The Florida-based company has been losing customers to rivals who offer better deals and discounts. Jun 17, 2016
udta punjab ekta kapoor anurag kashyap balaji telefilms

'Udta Punjab' performance at box office could lift Ekta Kapoor's Balaji Telefilms share price

Ekta Kapoor's Balaji Telefilms and Anurag Kashyap's Phantom Films are co-producers of "Udta Punjab". Jun 17, 2016
Wipro

Wipro plans to set up Special Economic Zone in West Bengal

The Board of Approval will take up Wipro's application on June 22. Jun 17, 2016
Bombay Stock Exchange building

Real estate stocks rally on REIT buzz, Unitech biggest gainer

News of REIT norms likely to be relaxed lifted shares of Unitech, HDIL, Oberoi Realty and Sobha. Jun 17, 2016
GMR

GMR denies selling stake in Hyderabad Airport: Report

The stake sale of the Hyderabad airport is reportedly valued between Rs. 5,000 and 5,500 crore. Jun 17, 2016
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