Markets

Rs 31,000-crore Amazon, Flipkart festive sales draw traders' rage to e-commerce

Total sales of Rs 31,000 crore of Amazon and Flipkart were 14% off the target; expansion of e-tailers into new geographies in a slowing economy gripped by credit crunch has worried traders across the country.

Nov 19, 2019

Saudi Aramco IPO: Oil giant may beat valuation shock with record stake sale

Saudi national oil company Aramco lowers valuation target to $1.71-trillion from earleir $2 trillion; 1.5% stake sale could still top Alibaba's $25-billion IPO to become the world's biggest.

Nov 18, 2019

FM Sitharaman announces steps to boost liquidity, demand

Favourite whipping boys: Will millennials be next blamed for swelling bank NPAs?

After taking the taint for economy's growth woes from auto sector slowdown to retail sector trouble, millennials may now draw the flak for another round of non-performing assets surge in banks.

Nov 15, 2019

India resumes buying Malaysian palm oil as Kuala Lumpur offers discount

Indian refiners stopped purchases from Malaysia last month, fearing a rise in import taxes or other measures to curb imports after Kuala Lumpur criticized New Delhi for its actions in Kashmir.

Nov 15, 2019

Will Mukesh Ambani let rival Sunil Mittal's Airtel grab brother's RCom assets?

Telco wars worsen as Bharti Airtel bids for Anil Ambani's Reliance Communication's spectrum assets that Mukesh Ambani's Jio had previously tried to acquire.

Nov 13, 2019

Alibaba plans to raise $20 billion in a blockbuster Hong Kong listing

Alibaba Singles' Day sales jump 25% in first 9 hours to $23 billion

Alibaba netted online sales worth $30 billion across its platforms on Singles' Day last year, dwarfing Cyber Monday's $7.9 billion.

Nov 11, 2019

Are e-commerce firms Amazon and Flipkart going to face more regulatory pressure?

Brick-and-mortar traders have urged PM Modi to institute a ministerial-level inquiry into 'unholy nexus' between banks and e-commerce giants Amazon and Flipkart.

Nov 11, 2019

Saudi Aramco proposes mammoth expansion in India; to purchase 20% stake in RIL oil, chemicals

Aramco has entered into a non-binding letter of intent with Reliance Industries Limited on August 12, 2019, to purchase a 20 per cent stake in its oil to chemicals division.

Nov 11, 2019

nse at alltime high, nse at historic high, nse at lifetime high, nse crosses 9400, sensex at lifetime high, sensex at new high, imd predicts normal rainfall

Market outlook: Liquidity flows, healthy Q2 expected to push equities higher

Next week, companies like Adani Ports, Coal India, Hindalco, India Cements and Vodafone Idea amongst others are expected to announce their quarterly results.

Nov 10, 2019

saudi aramco, aramco ipo, aramco public issue

Saudi Aramco prospectus flags risks, gives few details on IPO size

The more than 600-page prospectus did not include details of how much of the company would be floated in total.

Nov 10, 2019

AGR ruling: Firms with telecom licence tense fearing Rs 2.8 lakh crore DoT dues

All companies that have a telecom licence are worried as DoT has begun examining if the SC order that has roiled mobile service firms Vodafone and Airtel may be applicable to other firms.

Nov 7, 2019

Market today: Sensex scales fresh record to reach 40,500; Nifty inches closer to 12,000

The surge was led by gains in Infosys, Kotak Mahindra Bank, ICICI Bank, IndusInd Bank, Larsen & Toubro, Sun Pharma and HDFC Bank.

Nov 6, 2019

Government to facilitate onion imports from Iran, Egypt & Turkey amid soaring prices

This decision was taken at a meeting of the inter-ministerial committee headed by Consumer Affairs Secretary Avinash K Srivastava on November 5, reviewing the prices and availability of onions in the country.

Nov 6, 2019

Is realty sector next in line for Finance Minister Sitharaman's booster shot?

FM Sitharaman claimed the government and the RBI are working to resolve issues the realty sector is facing.

Nov 6, 2019

Petrol prices fall for 5th consecutive day, diesel price unchanged: Check latest rates in key cities

The Indian oil website shows the petrol rates in Delhi, Kolkata, Mumbai and Chennai -- Rs 72.60/litre, Rs 75.32/litre, Rs 78.28/litre and Rs 74.45/litre respectively.

Nov 5, 2019

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Markets

Rs 31,000-crore Amazon, Flipkart festive sales draw traders' rage to e-commerce

Saudi Aramco IPO: Oil giant may beat valuation shock with record stake sale

Favourite whipping boys: Will millennials be next blamed for swelling bank NPAs?

India resumes buying Malaysian palm oil as Kuala Lumpur offers discount

Will Mukesh Ambani let rival Sunil Mittal's Airtel grab brother's RCom assets?

Alibaba Singles' Day sales jump 25% in first 9 hours to $23 billion

Are e-commerce firms Amazon and Flipkart going to face more regulatory pressure?

Saudi Aramco proposes mammoth expansion in India; to purchase 20% stake in RIL oil, chemicals

Market outlook: Liquidity flows, healthy Q2 expected to push equities higher

Saudi Aramco prospectus flags risks, gives few details on IPO size

AGR ruling: Firms with telecom licence tense fearing Rs 2.8 lakh crore DoT dues

Market today: Sensex scales fresh record to reach 40,500; Nifty inches closer to 12,000

Government to facilitate onion imports from Iran, Egypt & Turkey amid soaring prices

Is realty sector next in line for Finance Minister Sitharaman's booster shot?

Petrol prices fall for 5th consecutive day, diesel price unchanged: Check latest rates in key cities

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]