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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

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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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Sensex rises 224 pts on fund inflows, positive Asian cues

Positive cues from other Asian markets also bolstered trading sentiments here, traders said. The BSE Sensex rose 223.89 points, or 0.62 per cent, to 36,186.82.

Dec 17, 2018

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Global cues to dictate equity indices, rupee's trend

Last week's provisional data from exchanges showed that foreign institutional investors (FIIs) became net sellers, as they off-loaded a total of Rs 2,067.19 crore worth of shares.

Dec 16, 2018

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

The central bank has taken an activist stance in its last meetings however, the newly appointed governor has adopted a more consultative approach while dealing with the issue.

Dec 16, 2018

Airbnb looks to expand across country with rural India on radar

The San Francisco-headquartered company has now been operating in India since last three years and have signed memorandums of understanding with the tourism departments of Gujarat, Andhra Pradesh and Maharashtra.

Dec 16, 2018

IL&FS crisis: Debt-laden group to sell luxury cars, office furniture to raise funds

The Infrastructure Leasing & Financial Services (IL&FS) including its various group firms have invited bids to sell 36 luxury cars, including brands like Audi, BMW, Jaguar, Mercedes Benz, Land Rover, Honda, Toyota, and Skoda.

Dec 16, 2018

Bulls await overseas cues with domestic red rags of RBI, state elections gone

The Reserve Bank of India's clear signals under new leadership for a conformist path on key sticky issues prep up the markets.

Dec 15, 2018

RBI board seeks more discussion on governance under new boss

The governance issue was a key part of the board meeting's agenda as the government wanted to have a greater say in the bank's regulatory decisions through its board nominees.

Dec 15, 2018

French aerospace contractor Thales to hire 2,000 engineers for Bangalore centre

Thales is a French headquartered multinational company that designs systems and provides services for the aerospace, defence, transportation and security markets

Dec 14, 2018

Vivo to invest Rs 4,000 crore on new plant in Uttar Pradesh, generate over 5,000 jobs

The new manufacturing line will boost Vivo's manufacturing capabilities and buttress its continued growth in the country.

Dec 14, 2018

Anil Ambani-led Reliance Group shares surge after Supreme Court verdict on Rafale deal

RCom shares surge to an intra-day high of 6.6% while other Reliance ADAG companies did well following the top court order.

Dec 14, 2018

Fortis shares crash 14% after supreme court suspends sale to Malaysia's IHH

The suspension of the sale process will further hit Fortis and its shareholders as IHH will likely step away from infusing liquidity into cash-strapped Fortis.

Dec 14, 2018

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