Markets

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Bhushan Steel crashes 10% after RBI identifies 12 defaulters for bankruptcy proceedings

Though the RBI did not name the 12 defaulters, there is speculation that Essar Steel, Bhushan Steel and Lanco are top NPA accounts.

Jun 14, 2017

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ICICI Prudential Life, South Indian Bank, PNB Housing hit fresh 52-week highs

Select stocks are buzzing on the BSE, scaling new 52-week highs on Wednesday; these include ICICI Prudential Life, Bombay Burmah, PNB Housing Finance.

Jun 14, 2017

Wipro goes ex-bonus; Sensex, Nifty rally on positive inflation and factory output data

Retail inflation for May dropped to 2.18 percent while factory output (IIP) came in at 3.1 percent; Wipro goes ex-bonus from June 13 (due to 1:1 bonus ratio).

Jun 13, 2017

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Reliance General Insurance to be listed on bourses by FY18

Reliance General said its Board has approved a proposal to independently list the company-a subsidiary of Reliance Capital Ltd on the stock exchanges.

Jun 13, 2017

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Infosys gains, Wipro goes ex-bonus from Tuesday, Biocon up on lower GST rate on insulin

In a regulatory filing with the US SEC, Wipro had said Donald Trump's policies could affect its business; Infosys trading higher, Biocon up on GST Council reducing tax rate for insulin.

Jun 12, 2017

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Gold is cold: GST might tarnish profits of the jewellery sector, fear jewellers

Apex bullion dealers body India Bullion and Jewellers Association (IBJA) has said that the GST structure will block 87 per cent working capital to the industry.

Jun 11, 2017

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FTSE soars on sterling weakness, shock vote result hits house-builders

Sterling fell as much as 2.4 percent, providing a boost to the internationally-focused, exporter-heavy blue chip index.

Jun 9, 2017

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Infosys, Wipro investors bear the brunt of media speculation over stake sale, downgrade hits TCS

Share prices of Infosys and Wipro have dropped on account of stake sale rumours while TCS is down due to downgrade by Nomura.

Jun 9, 2017

Infosys shares fall on media report of stake sale by founders

Shares of the software company fell as much as 3.5 percent to their lowest since May 5.

Jun 9, 2017

Conservatives lose overall majority as UK election results in hung parliament

British Prime Minister Theresa May has suffered an embarrassing setback as her Conservative Party has lost their overall majority off the back of a close general election, resulting in a hung parliament. Whilst the Conservatives hold the most seats, they do not have enough to establish outright control.

Jun 9, 2017

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Markets

Bhushan Steel crashes 10% after RBI identifies 12 defaulters for bankruptcy proceedings

ICICI Prudential Life, South Indian Bank, PNB Housing hit fresh 52-week highs

Wipro goes ex-bonus; Sensex, Nifty rally on positive inflation and factory output data

Reliance General Insurance to be listed on bourses by FY18

Infosys gains, Wipro goes ex-bonus from Tuesday, Biocon up on lower GST rate on insulin

Gold is cold: GST might tarnish profits of the jewellery sector, fear jewellers

FTSE soars on sterling weakness, shock vote result hits house-builders

Infosys, Wipro investors bear the brunt of media speculation over stake sale, downgrade hits TCS

Infosys shares fall on media report of stake sale by founders

Conservatives lose overall majority as UK election results in hung parliament

Sterling shaken by UK election shock, damage limited elsewhere

Gold discounts galore, but no glitter in demand

Sensex closes marginally lower at the end of a volatile day

Top picks according to Angel Broking

Sensex fired up by SLR cut, RBI's 'dovish' stance

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]