Markets

BSE closes points 8.12 up on Jan 1

New Delhi, Jan 1 (ANI): Trading at the Bombay Stock Exchange today closed 8.12 points up to stand at 27,507.54. At the National Stock Exchange the Nifty closed 1.30 points up to stand at 8,284.00. JUBILANT and MUTHOOTFIN were among the top gainers of Group A with an increase of 17.29% and 11.81% along with JETAIRWAYS and GRUH with an increase of 9.99% and 9.43% respectively, while the top losers of Group A include PMCFIN and RASOYA PROTEINS LTD. with a decrease of 4.96% and 4.65% along with GPPL and Sunrise Asian Ltd. with a decrease of 3.85% and 2.62% at the close of the markets. The Auto sector is up 72.69 points at 18,703.53 while the banking sector is up 15.08 points at 21,473.19 and the reality sector is up 2.68 points at 1,557.75. The Indian currency is down 0.39% at Rs 63.28 per dollar.

Jan 1, 2015

Microsoft Sues Bangalore-Based Software Firm for Running 'Tech Support Scam'

Almost 65,000 complaints involving such scams have been registered since May, Microsoft said

Dec 31, 2014

SpiceJet Denies Extending Flight Cancellations, to Operate 230 Flights Daily in January

Cash strapped airline SpiceJet denied media reports on flight cuts, confirming that it intends to operate 230 flights a day in January 2015 ₹

Dec 31, 2014

BSE closes points 7.81 up on Dec 30

New Delhi, Dec 30 (ANI): Trading at the Bombay Stock Exchange today closed 7.81 points up to stand at 27,403.54. At the National Stock Exchange the Nifty closed 1.95 points up to stand at 8,248.25. ADANI PORTS and BEML were among the top gainers of Group A with an increase of 7.92% and 7.53% along with NATCO PHARMA LTD. and ABB with an increase of 6.59% and 6.58% respectively, while the top losers of Group A include PMCFIN and RASOYA PROTEINS LTD. with a decrease of 4.97% and 4.93% along with UNITECH and JAIPRAKASH ASSOCIATES LTD. with a decrease of 4.79% and 4.03% at the close of the markets. The Auto sector is down 61.93 points at 18,670.54 while the banking sector is up 143.37 points at 21,365.09 and the reality sector is down 3.11 points at 1,540.13. The Indian currency is down 0.37% at Rs 63.43 per dollar.

Dec 30, 2014

A farm worker next to the Tata Motor's mothballed plant in West Bengal

Modi's Land Acquisition Reforms are Industry-Friendly but Farmers Feel Ripped Off

The ambitious agenda belies complex and worrisome socio-economic issues.

Dec 30, 2014

Brent Crude Prices Fall to Five-Year Lows at $57 Despite Libyan Output Disruption

Brent Crude prices slid to a new five-year low hovering at $57 on Tuesday even though output disruptions in Libya put a temporary hold on the global supply glut.

Dec 30, 2014

BSE closes points 153.95 up on Dec 29

New Delhi, Dec 29 (ANI):Trading at the Bombay Stock Exchange today closed 153.95 points up to stand at 27,395.73. At the National Stock Exchange the Nifty closed 45.60 points up to stand at 8,246.30. ABAN and RELIGARE were among the top gainers of Group A with an increase of 17.27% and 10.78% along with GPPL and IL&FS Transportation Networks Ltd with an increase of 8.76% and 6.66% respectively, while the top losers of Group A include PMCFIN and PAGE INDUSTRIES LTD with a decrease of 6.83% and 4.98% along with RASOYPR and INFRATEL with a decrease of 4.70% and 2.93% at the close of the markets. The Auto sector is up 279.28 points at 18,734.41 while the banking sector is down 31.58 points at 21,221.72 and the reality sector is up 10.01 points at 1,543.95. The Indian currency is down 0.18% at Rs 63.68 per dollar.

Dec 29, 2014

Vijay Mallya's Kingfisher Airlines Set to Lose Flying Licence on 31 December

Mallya is all set to be slapped with a wilful defaulter tag by UBI, after the Calcutta High Court rejected the bank's action on technical grounds; also Kingfisher Airlines would see its Air Operator Permit expiring on 31 December. ₹

Dec 29, 2014

AirAsia Shares Plummet to Three-Year Low on Missing Flight Incident

Shares of AirAsia slid to 7.8% on Monday marking the biggest drop in the past three years, after a flight travelling to Singapore from Indonesia went missing on Sunday.

Dec 29, 2014

SpiceJet Eases 6-months Notice Period, Will let Pilots Disembark on 31 December

Even as it awaits recapitalisation, SpiceJet has informed 50 of its pilots who have resigned, about their last working day as 31 December 2014.

Dec 27, 2014

SpiceJet's Recapitalisation could See ₹1,500 Crore Infusion; New Investors Seek ECB Route

The Ajay Singh led recapitalisation move for the beleagured airline could see a sum of ₹1,500 crore invested in the airline, with ₹500-₹600 crore through ECB mechanism

Dec 27, 2014

BSE closes points 33.17 up on Dec 26

Trading at the Bombay Stock Exchange today closed 33.17 points up to stand at 27,241.78. At the National Stock Exchange the Nifty closed 26.60 points up to stand at 8,200.70. UNIONBANK and AJANTA PHARMA LTD. were among the top gainers of Group A with an increase of 5.65% and 5.26% along with BAYER CROPSCIENCE LTD. and SYNDICATE BANK with an increase of 5.03% and 4.93% respectively, while the top losers of Group A include RASOYA PROTEINS LTD. and GSFC with a decrease of 4.49% and 3.87% along with OBEROI REALTY LTD. and JUBILANT with a decrease of 3.60% and 3.13% at the close of the markets. The Auto sector is down 7.42 points at 18,455.13 while the banking sector is up 26.66 points at 21,253.30 and the reality sector is up 14.09 points at 1,533.94. The Indian currency is up 0.13% at Rs 63.60 per dollar.

Dec 26, 2014