Markets

Rafale order bombs markets; volatility soars ahead of Phase 1 of Lok Sabha polls

Sensex shed nearly 1% and Nifty 0.75% after Supreme Court ruling on French warplane deal amid rising uncertainty over elections with the first phase of polling set to be held on Thursday.

Apr 10, 2019

Amazon's super-app offering goods and services bouquet to spur new e-commerce war

Online retailer Amazon is set to leverage newly acquired Tapzo platform to develop super-app for online trade in products and services including flight ticket booking, food delivery and cab hire.

Apr 10, 2019

Mukesh Ambani helped his younger brother Anil Ambani to pay off debt owed to Sweden's Ericsson

RCom insolvency: Ericsson in legal bind as NCLAT hints at lifting stay on case

Appellate company law court observes Ericsson will have to return to RCom Rs 550 crore it got following contempt proceedings in the Supreme Court if the stay on bankruptcy proceedings is lifted.

Apr 9, 2019

Reliance, Jio, GigaFiber, registration, how to apply

Will Jio GigaFiber do to DTH what Reliance Jio did to mobile telephony?

Airtel and Tata Sky are bracing for a shakeup ahead of Jio GigaFiber's commercial launch with a disruptive potential similar to Reliance Jio's that triggered a price war affecting players like Airtel, Vodafone and BSNL.

Apr 8, 2019

Caution is better part of valour: Watch for specific stocks and buy on dips

With the phased general election 2019 beginning this week and the earnings season about to unfold, traders can expect sideways movement despite a bullish bias amid positive global cues.

Apr 7, 2019

Dr Reddy's leads Indian charge of $130 billion Chinese pharma market; stocks rally

The company's revenue in FY18 was $100 million, with the help of its Canada-based joint venture Kunshan Rotam Reddy Pharmaceutical.

Apr 4, 2019

Markets offer bullish welcome to FY20; Sensex sets record high of 39,028 points

Global cues, FII fund inflows and the prospect of Prime Minister Modi's strong general election showing create 'buy on dips' market.

Apr 1, 2019

Sensex touches record high of 39,000, Nifty above 11,700; metal stocks surge

Sensex was up 347.48 points or 0.90 percent at 39020.39, and the Nifty up 88.80 points or 0.76 percent at 11712.70.

Apr 1, 2019

Sensex tanks 355 points on global growth concerns

Except for oil and gas and power sector stocks all the sectors on both BSE and NSE ended in the red led by finance and banking stocks.

Mar 25, 2019

Rupee makes a turnaround amid optimism over PM Modi's re-election, becomes Asia's best-performing currency

A sudden surge in the inflow of dollars has sent the rupee to its highest level since August, prompting profit booking that led to the currency witnessing a drop on Tuesday after six trading sessions of continuous gains.

Mar 20, 2019

Antitrust officials raid traders including Glencore over 'pulses price fixing'

India had allowed duty-free import of pulses, including chickpeas and black lentils, after two years of drought pushed the prices up in 2015.

Mar 17, 2019

Mindtree mulls share buyback programme to fend off L&T's hostile takeover bid

IT services company may spend Rs 1,000 crore to acquire shares while one of the largest shareholders Sidhartha is talking to firms including L&T to offload shares.

Mar 16, 2019

Bombay Stock Exchange building BSE dalal street

Markets cap robust week with major gains; Sensex, Nifty close above key levels

Improving trader sentiments buoy markets as domestic cues align with positive global outlook; broad sectoral gains indicate a continued rally.

Mar 15, 2019

Shock defaults push $108-billion bond market to chaos reminiscent of 2009 crash

Sales of rupee-designated corporate bonds plunge to pre-2016 levels as effects of IL&FS crisis sink in amid rising election uncertainties driving up the spreads of top-rated 10-year corporate paper to highest levels since the global financial meltdown.