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india, cement sector, cement update, modi, demonetisation, economy, gdp india

India business: Cement sector to face multiple headwinds in FY2018, says Nirmal Bang

Demonetisation, RERA, GST and rising crude oil prices are likely to hit cement companies by impacting pricing pressure and demand. Dec 28, 2016
kotak mahindra bank kotak mf uday kotak schemes debt equity investors lti facility branch atm

Kotak Mahindra Bank manager arrested by ED in money laundering case

Kotak Mahindra Bank has suspended the services of Ashish Kumar, who was posted as a branch manager in New Delhi. Dec 28, 2016
india, pharma companies, sun, divi, cipla, cadilla, us fda, warning to indian companies, share price

Indian pharma companies improved credibility in 2016: Nomura

Import and warning letters issued by the US FDA dropped in 2016 when compared to 2015; Sun Pharma, Cadila, Aurobindo, Divi, Lupin, Cipla, Alkem are top Indian drugmakers. Dec 28, 2016
bse sensex, nse nifty, india, stock markets, wipro, maruti suzuki, niti aayog, modi

Sensex, Nifty extend gains; Kotak Mahindra Bank manager arrested over money laundering charges

Benchmark index Sensex rally was led by Wipro and Adani Ports; Kotak Mahindra Bank manager arrested by ED for alleged money laundering. Dec 28, 2016
India budget security, india budget 2017

Budget 2017: The halwa ceremony and the secrecy shrouding India's annual financial statement

Apart from economic priorities, India's finance minister has to deftly cope with political pressures and conflicting demands while outlining the Budget. Dec 28, 2016
donald trump, donald trump, us stock markets, djia donald trump, S&P 500, Nasdaq, donald trump speech, wall street donald trump

Tech start-ups set to flood Wall Street with IPOs in 2017: Report

Bullish sentiments after Donald Trump's victory are likely to see at least 30 start-ups go for IPOs in 2017. Dec 27, 2016
tata sons mistry ratan cyrus tata hr group row turmoil tata sons holding company ouster removal tata group problems allegations

Tata Sons issues legal notice to Cyrus Mistry for leaking 'confidential' documents

The legal notice by holding company Tata Sons is the latest in the bitter corporate battle between the Tata Group and Cyrus Mistry. Dec 27, 2016
bse, nse, nifty, sensex, india, stock markets, modi

Sensex gains 400 points, Nifty up 1.6%; ITC, Tata Steel, Adani Ports lead rally

Benchmark indices Sensex and Nifty reversed losses of past few sessions on Tuesday. Dec 27, 2016
sundar pichai google ceo, startup india, digital india

Google CEO Sundar Pichai to announce new initiatives for small Indian businesses

Pichai is currently in India and travelling with his family. Dec 27, 2016
Prime Minister Narendra Modi

Budget 2017: Did PM Modi just lay the foundation for a harsh budget with statement on OROP at Parivartan Rally in Dehradun?

Narendra Modi said in Uttarakhand that implementation of the OROP scheme for the armed forces would require a budget of more than Rs 10,000 crore. Dec 27, 2016
Korean Airlines, cabin crew

Korean Air crew allowed to use stun guns to manage violent passengers

The airline plans to recruit more male crew and intends to ban passengers with a history of unruly behavior. Dec 27, 2016
ban on currency rs 500 1,000 1000 note modi rbi demonetization impact on gdp q3 growth rate real estate gold construction india ratings

Realty stocks slide over possible crackdown on illegal properties

Prestige, Unitech, Indiabulls Real Estate, DLF, Oberoi Realty were trading with losses though Sensex was up 100 points. Dec 27, 2016
bse bombay stock exchange losers gainers building people employees sensex

ITC, Tata Steel, Adani Ports drive Sensex rally; Modi govt announces schedule for GDP estimates

At around 1.50 pm, the Sensex was up 209 points at 26,016 led by ITC, Tata Steel, Adani Ports; GDP schedule for January 2017 released. Dec 27, 2016
Oil markets

Oil gains post-Christmas ahead of OPEC, non-OPEC cuts

Oil has been supported in the past several weeks as the OPEC and non-OPEC members have agreed to lower output. Dec 27, 2016
gold, india, prices, gold demand, world's fatest-growing economy, demonetisation, modi

Gold prices fall 11%, silver down 12% since PM Modi's demonetisation decision

Ever since PM Narendra Modi's demonetisation of high-value currencies, gold and silver prices have been falling. Dec 26, 2016
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