Business news

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
bse-closes-points-348-04-down-on-june-13

BSE closes points 348.04 down on June 13

New Delhi, June 13 (ANI): Trading at the Bombay Stock Exchange today closed 348.04 points down to stand at 25,228.17. At the National Stock Exchange the Nifty closed 107.80 points down to stand at 7,542.10. Motherson Sumi and Prestige Estates were among the top gainers of Group A with an increase of 3.07% and 2.59% along with HCL Tech and Thermax with an increase of 2.10% and 1.98% respectively, while the top losers of Group A include Jaiprakash Associates and DLF with a decrease of 8.30% and 8.23% along with HPCL and Hindustan Copper Ltd. with a decrease of 8.17% and 7.04% at the close of the markets. The Auto sector is down 258.25 points at 15,200.85 while the banking sector is down 408.91 points at 17,309.87 and the realty sector is down 110.40 points at 1,994.75. The Indian currency is down 0.67% at Rs 59.65 per dollar. Jun 13, 2014
bse-closes-points-109-80-down-on-june-11

BSE closes points 109.80 down on June 11

New Delhi, June 11 (ANI): Trading at the Bombay Stock Exchange today closed 109.80 points down to stand at 25,473.89. At the National Stock Exchange the Nifty closed 29.55 points down to stand at 7,626.85. Britannia Industries and Suzlon Energy were among the top gainers of Group A with an increase of 10.57% and 4.93% along with Havells India and Amara Raja with an increase of 4.25% and 4.09% respectively, while the top losers of Group A include TTK Prestige and HDIL with a decrease of 9.44% and 9.21% along with Future Retail and Unitech with a decrease of 8.25% and 7.00% at the close of the markets. The Auto sector is down 71.48 points at 15,365.39 while the banking sector is down 45.73 points at 17,635.9 and the realty sector is down 94.65 points at 94.65. The Indian currency is up 0.10% at Rs 59.23 per dollar. Jun 11, 2014
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