Business news

bse-closes-points-274-94-down-on-june-18

BSE closes points 274.94 down on June 18

New Delhi, June 18 (ANI): Trading at the Bombay Stock Exchange today closed 274.94 points down to stand at 25,246.25. At the National Stock Exchange the Nifty closed 73.50 points down to stand at 7,558.20. Bajaj Finance Limited and CRISIL were among the top gainers of Group A with an increase of 9.16% and 6.43% along with Piramal Enterprises Ltd. and National Aluminium Co. Ltd. with an increase of 4.31% and 4.08% respectively, while the top losers of Group A include Prestige Estates and Jaiprakash Associates Ltd. with a decrease of 5.97% and 5.28% along with Unitech and Indiabulls Real Estate Ltd. with a decrease of 5.21% and 5.18% at the close of the markets. The Auto sector is down 191.01 points at 14,936.02 while the banking sector is down 188.81 points at 17,424.01 and the realty sector is down 42.93 points at 2,003.40.The Indian currency is down 0.60% at Rs 60.39 per dollar. Jun 18, 2014
bse-closes-points-37-69-down-on-june-16

BSE closes points 37.69 down on June 16

New Delhi, June 16 (ANI): Trading at the Bombay Stock Exchange today closed 37.69 points down to stand at 25,190.48. At the National Stock Exchange the Nifty closed 8.55 points down to stand at 7,533.55. MCX and Dish TV India were among the top gainers of Group A with an increase of 5.49% and 5.37% along with Strides Arcolab Ltd. and Reliance Capital Ltd with an increase of 4.97% and 4.49% respectively, while the top losers of Group A include JPINFRATEC and Suzlon Energy with a decrease of 5.65 % and 4.90% along with Federal Bank and Oriental Bank with a decrease of 3.34 % and 3.25 % at the close of the markets. The Auto sector is down 163.24 points at 15,031.83 while the banking sector is down 89.28 points at 17,220.59 and the realty sector is up 34.00 points at 2,028.75. The Indian currency is down 0.51% at Rs 60.07 per dollar. Jun 16, 2014
infosys-wont-be-affected-even-if-more-top-executives-exit-nr-narayana-murthy

Infosys won't be affected even if more top executives exit: NR Narayana Murthy

Bangalore, June 15 (ANI): NR Narayana Murthy while addressing last AGM as the Infosys chairman, said that Infosys has enough senior managers to run the business even if more executives leave, after a spate of staff exits triggered concerns about a leadership vacuum. Murthy played down the departure of at least 11 senior executives since he was brought back from retirement in June last year to help regain market share, saying some of them were low performers. Infosys shareholders are betting on Vishal Sikka, who will take over on August 1 from current CEO SD Shibulal, to turnaround the company by tapping opportunities in new technology areas including cloud computing and mobility. Jun 15, 2014
SBI

RBI Eases KYC Norms to Avail Bank Accounts

Reserve Bank of India in a press release stated that the KYC norms have been made simpler, and now anyone can open a bank account with just one address proof - either permanent or local. Jun 13, 2014
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