Markets

RBI forced banks to grant loan to Kingfisher Airlines violating its own rules

Knowing well that KFA fell under the category of sub-standard assets, top RBI officials asked banks to loan more to the airline.

Feb 7, 2017

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ICICI Prudential Life shares hit new 52-week high, ICICI Bank gains 3.4%

ICICI Bank and ICICI Prudential Life Insurance post good gains on Monday (Feb 6), outperform BSE Sensex, NSE Nifty.

Feb 6, 2017

Cochin Shipyard may buy controlling stake in debt-laden ABG Shipyard

Shapoorji Pallonji and Co. Ltd., which was also in the race to buy a stake in ABG Shipyard, has apparently backed out of the discussions.

Feb 6, 2017

Bureau of Civil Aviation Security suspends IndiGo's security training licence

The licence suspension would result in additional cost for the carrier as it would have to outsource its training programme now.

Feb 5, 2017

Warburg Pincus acquires airline services group Accelya; Dubai-based Mercator and Accelya to merge

The combined entity of Accelya and Mercator will have annual revenues of $200 million with more than 400 clients worldwide, including 250 airlines.

Feb 5, 2017

Nasscom demands 50-75 bps rate cut from RBI-MPC to boost credit growth

Industry experts are expecting at least 25 bps rate cut after Arun Jaitley reaffirmed the government's commitment towards fiscal consolidation.

Feb 5, 2017

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Indian gold jewellery demand fell to 7-year low in 2016: WGC

Indian gold jewellery demand in 2016 was 148.3 tonnes lower than 2015 due to multiple factors and marked the biggest yearly decline, says WGC.

Feb 4, 2017

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Vikram Limaye will be new MD & CEO of National Stock Exchange

A CA by profession, Vikram Limaye is currently MD & CEO of IDFC; his appointment at NSE will need clearance from Sebi.

Feb 4, 2017

Will Bharat Financial merge with IndusInd Bank? Shares of microfinance lender jump over 50% in a month

Bharat Financial clarified to the BSE that it is exploring various options and will make an announcement if any such is approved by its Board.

Feb 3, 2017

Can you predict profit warnings?

IBTimes UK expert financial columnist Edmund Shing gives his tips for spotting potential profit warnings

Feb 1, 2017

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Sensex, Nifty close sharply higher on FM Arun Jaitley's 'fiscally prudent' Budget

BSE Sensex jumped 485 points to close at 28,141, while NSE Nifty ended 155 points higher at 8,716.

Feb 1, 2017

IT stocks plunge on fears of H1B visa curbs; TCS, Infosys, Tech Mahindra and HCL Tech hit hard

The move will effectively make it difficult for Indian IT companies to do business in the world's largest software market.

Jan 31, 2017

Deutsche Bank to pay $425 million penalty over Russia money laundering 'mirror trades'

The violations of anti-money laundering laws involved Deutsche Bank's branches in Moscow, London and New York.

Jan 31, 2017

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UP Assembly Elections 2017: Are stock markets betting on a BJP win in Uttar Pradesh elections?

Out of the 690 seats at stake in states going to assembly polls 2017 -- Uttar Pradesh (UP), Goa, Manipur, Uttarakhand and Punjab – UP alone has 403 Assembly seats, which is about 60% of total seats

Jan 31, 2017

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Sensex, Nifty end with losses as H-1B visa woes drag IT stocks down

Infosys, Wipro, TCS, Zensar, Tech Mahindra plunge after a US Senator introduced a legislation that seeks to toughen H-1B visa rules.

Jan 31, 2017

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Markets

RBI forced banks to grant loan to Kingfisher Airlines violating its own rules

ICICI Prudential Life shares hit new 52-week high, ICICI Bank gains 3.4%

Cochin Shipyard may buy controlling stake in debt-laden ABG Shipyard

Bureau of Civil Aviation Security suspends IndiGo's security training licence

Warburg Pincus acquires airline services group Accelya; Dubai-based Mercator and Accelya to merge

Nasscom demands 50-75 bps rate cut from RBI-MPC to boost credit growth

Indian gold jewellery demand fell to 7-year low in 2016: WGC

Vikram Limaye will be new MD & CEO of National Stock Exchange

Will Bharat Financial merge with IndusInd Bank? Shares of microfinance lender jump over 50% in a month

Can you predict profit warnings?

Sensex, Nifty close sharply higher on FM Arun Jaitley's 'fiscally prudent' Budget

IT stocks plunge on fears of H1B visa curbs; TCS, Infosys, Tech Mahindra and HCL Tech hit hard

Deutsche Bank to pay $425 million penalty over Russia money laundering 'mirror trades'

UP Assembly Elections 2017: Are stock markets betting on a BJP win in Uttar Pradesh elections?

Sensex, Nifty end with losses as H-1B visa woes drag IT stocks down

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]