Business news

air-india-joins-star-alliance-group Play

Air India joins Star Alliance group

New Delhi, June 24 (ANI): Civil Aviation Minister Ashok Gajapathi Raju on Tuesday announced the alliance of Air India with the Star Alliance group. The government expects that the step would help the ailing national carrier come out of its losses. Ending a seven-year-long wait, the Star Alliance Chief Executive Board (CEB), at its meeting in London on Monday, gave an endorsement vote to induct Air India into the fold. Jun 24, 2014
bse-closes-points-337-58-up-on-june-24 Play

BSE closes points 337.58 up on June 24

New Delhi, June 24 (ANI): Trading at the Bombay Stock Exchange today closed 337.58 points up to stand at 25,368.90. At the National Stock Exchange the Nifty closed 86.85 points up to stand at 7,580.20. Petronet LNG and Gujarat State Petronet Ltd. were among the top gainers of Group A with an increase of 7.73% and 7.58% along with HPCL and Jubilant FoodWorks Ltd. with an increase of 7.10% and 6.97% respectively, while the top losers of Group A include MCX and Piramal Enterprises Ltd. with a decrease of 3.07% and 2.87% along with Marico and Kotak Mah Bank with a decrease of 2.08% and 1.70% at the close of the markets. The Auto sector is up 182.10 points at 15,169.33 while the banking sector is up 261.60 points at 17,534.65 and the realty sector is up 63.62 points at 2,078.65. The Indian currency is down 0.12% at Rs 60.13 per dollar. Jun 24, 2014
bse-closes-points-74-19-down-on-june-23 Play

BSE closes points 74.19 down on June 23

New Delhi, June 23 (ANI): Trading at the Bombay Stock Exchange today closed 74.19 points down to stand at 25,031.32. At the National Stock Exchange the Nifty closed 18.10 points down to stand at 7,493.35. Indian Bank and Syndicate Bank were among the top gainers of Group A with an increase of 10.24% and 6.57% along with Mangalore Refinery and ONGC with an increase of 5.98% and 5.15% respectively, while the top losers of Group A include ITC and United Spirits with a decrease of 5.92% and 4.00% along with Kotak Mahindra Bank and Reliance Infrastructure Ltd. with a decrease of 3.83% and 3.12% at the close of the markets. The Auto sector is up 117.15 points at 14,995.46 while the banking sector is up 76.27 points at 17,273.05 and the realty sector is up 9.01 points at 2,015.63. The Indian currency is down 0.01% at Rs 60.19 per dollar. Jun 23, 2014
bse-closes-points-274-94-down-on-june-18 Play

BSE closes points 274.94 down on June 18

New Delhi, June 18 (ANI): Trading at the Bombay Stock Exchange today closed 274.94 points down to stand at 25,246.25. At the National Stock Exchange the Nifty closed 73.50 points down to stand at 7,558.20. Bajaj Finance Limited and CRISIL were among the top gainers of Group A with an increase of 9.16% and 6.43% along with Piramal Enterprises Ltd. and National Aluminium Co. Ltd. with an increase of 4.31% and 4.08% respectively, while the top losers of Group A include Prestige Estates and Jaiprakash Associates Ltd. with a decrease of 5.97% and 5.28% along with Unitech and Indiabulls Real Estate Ltd. with a decrease of 5.21% and 5.18% at the close of the markets. The Auto sector is down 191.01 points at 14,936.02 while the banking sector is down 188.81 points at 17,424.01 and the realty sector is down 42.93 points at 2,003.40.The Indian currency is down 0.60% at Rs 60.39 per dollar. Jun 18, 2014
bse-closes-points-37-69-down-on-june-16 Play

BSE closes points 37.69 down on June 16

New Delhi, June 16 (ANI): Trading at the Bombay Stock Exchange today closed 37.69 points down to stand at 25,190.48. At the National Stock Exchange the Nifty closed 8.55 points down to stand at 7,533.55. MCX and Dish TV India were among the top gainers of Group A with an increase of 5.49% and 5.37% along with Strides Arcolab Ltd. and Reliance Capital Ltd with an increase of 4.97% and 4.49% respectively, while the top losers of Group A include JPINFRATEC and Suzlon Energy with a decrease of 5.65 % and 4.90% along with Federal Bank and Oriental Bank with a decrease of 3.34 % and 3.25 % at the close of the markets. The Auto sector is down 163.24 points at 15,031.83 while the banking sector is down 89.28 points at 17,220.59 and the realty sector is up 34.00 points at 2,028.75. The Indian currency is down 0.51% at Rs 60.07 per dollar. Jun 16, 2014
infosys-wont-be-affected-even-if-more-top-executives-exit-nr-narayana-murthy Play

Infosys won't be affected even if more top executives exit: NR Narayana Murthy

Bangalore, June 15 (ANI): NR Narayana Murthy while addressing last AGM as the Infosys chairman, said that Infosys has enough senior managers to run the business even if more executives leave, after a spate of staff exits triggered concerns about a leadership vacuum. Murthy played down the departure of at least 11 senior executives since he was brought back from retirement in June last year to help regain market share, saying some of them were low performers. Infosys shareholders are betting on Vishal Sikka, who will take over on August 1 from current CEO SD Shibulal, to turnaround the company by tapping opportunities in new technology areas including cloud computing and mobility. Jun 15, 2014
bse-closes-points-348-04-down-on-june-13 Play

BSE closes points 348.04 down on June 13

New Delhi, June 13 (ANI): Trading at the Bombay Stock Exchange today closed 348.04 points down to stand at 25,228.17. At the National Stock Exchange the Nifty closed 107.80 points down to stand at 7,542.10. Motherson Sumi and Prestige Estates were among the top gainers of Group A with an increase of 3.07% and 2.59% along with HCL Tech and Thermax with an increase of 2.10% and 1.98% respectively, while the top losers of Group A include Jaiprakash Associates and DLF with a decrease of 8.30% and 8.23% along with HPCL and Hindustan Copper Ltd. with a decrease of 8.17% and 7.04% at the close of the markets. The Auto sector is down 258.25 points at 15,200.85 while the banking sector is down 408.91 points at 17,309.87 and the realty sector is down 110.40 points at 1,994.75. The Indian currency is down 0.67% at Rs 59.65 per dollar. Jun 13, 2014
bse-closes-points-109-80-down-on-june-11 Play

BSE closes points 109.80 down on June 11

New Delhi, June 11 (ANI): Trading at the Bombay Stock Exchange today closed 109.80 points down to stand at 25,473.89. At the National Stock Exchange the Nifty closed 29.55 points down to stand at 7,626.85. Britannia Industries and Suzlon Energy were among the top gainers of Group A with an increase of 10.57% and 4.93% along with Havells India and Amara Raja with an increase of 4.25% and 4.09% respectively, while the top losers of Group A include TTK Prestige and HDIL with a decrease of 9.44% and 9.21% along with Future Retail and Unitech with a decrease of 8.25% and 7.00% at the close of the markets. The Auto sector is down 71.48 points at 15,365.39 while the banking sector is down 45.73 points at 17,635.9 and the realty sector is down 94.65 points at 94.65. The Indian currency is up 0.10% at Rs 59.23 per dollar. Jun 11, 2014
bse-closes-points-3-48-up-on-june-10 Play

BSE closes points 3.48 up on June 10

New Delhi, June 10 (ANI): Trading at the Bombay Stock Exchange today closed 3.48 points up to stand at 25,583.69. At the National Stock Exchange the Nifty closed 1.80 points up to stand at 7,656.40. TTK Prestige and Gitanjali Gems were among the top gainers of Group A with an increase of 13.50% and 9.43% along with Essar Oil and Bharti Infratel with an increase of 8.41% and 6.51% respectively, while the top losers of Group A include Sobha Developers Ltd. and Pipavav Defence with a decrease of 5.94% and 4.95% along with Shree Cement and Mahindra & Mahindra Financial Services Ltd. with a decrease of 4.78% and 4.73% at the close of the markets. The Auto sector is up 2.91 points at 15,436.87 while the banking sector is down 135.69 points at 17,681.67 and the realty sector is down 66.89 points at 2,189.12. The Indian currency is up 0.15% at Rs 59.29 per dollar. Jun 10, 2014
bse-closes-points-183-75-up-on-june-9 Play

BSE closes points 183.75 up on June 9

New Delhi, June 09 (ANI): Trading at the Bombay Stock Exchange today closed 183.75 points up to stand at 25,580.21. At the National Stock Exchange the Nifty closed 71.20 points up to stand at 7,654.60. Unitech and Grasim Industries Ltd. were among the top gainers of Group A with an increase of 17.16% and 11.38% along with Sobha Dev and Sun TV Network with an increase of 8.96% and 8.95% respectively, while the top losers of Group A include Pipavav Defence and Godrej Consumer Products Ltd. with a decrease of 4.98% and 3.12% along with Bajaj Finserv Ltd. and MCX with a decrease of 2.96% and 2.79% at the close of the markets. The Auto sector is up 234.63 points at 15,419.15 while the banking sector is up 28.77 points at 17,817.36 and the realty sector is up 127.98 points at 2,256.01. The Indian currency is up 0.16% at Rs 59.07 per dollar. Jun 9, 2014
bse-closes-points-213-68-up-on-june-5 Play

BSE closes points 213.68 up on June 5

New Delhi, June 5 (ANI): Trading at the Bombay Stock Exchange today closed 213.68 points up to stand at 25,019.51. At the National Stock Exchange the Nifty closed 71.85 points up to stand at 7,474.10. Havells India and BPCL were among the top gainers of Group A with an increase of 11.11% and 6.95% along with SAIL and Godrej Consumer Products Ltd. with an increase of 6.78% and 6.72% respectively, while the top losers of Group A include Max India and UCO Bank with a decrease of 6.30% and 2.16 % along with Motherson Sumi and Gujarat Mineral Development Corporation Ltd. with a decrease of 2.15% and 1.70% at the close of the markets. The Auto sector is up 114.69 points at 14,956.43 while the banking sector is down 69.04 points at 17,500.64 and the realty sector is up 13.83 points at 2,026.36. The Indian currency is down 0.07% at Rs 59.29 per dollar. Jun 5, 2014
bse-closes-points-467-51-up-on-june-2 Play

BSE closes points 467.51 up on June 2

New Delhi, June 2 (ANI): Trading at the Bombay Stock Exchange today closed 467.51 points up to stand at 24,684.85. At the National Stock Exchange the Nifty closed 132.55 points up to stand at 7,362.50. Syndicate Bank and Reliance Capital Ltd. were among the top gainers of Group A with an increase of 12.13% and 11.19% along with Central Bank and Max India with an increase of 11.05% and 11.02% respectively, while the top losers of Group A include Gitanjali Gems and Aurobindo Pharma Ltd. with a decrease of 6.13% and 4.16% along with Pipavav Defence and TV18 Broadcast with a decrease of 3.40% and 3.13% at the close of the markets. The Auto sector is up 207.09 points at 14,700.86 while the banking sector is up 556.58 points at 17,510.44 and the realty sector is up 27.02 points at 1,921.36. The Indian currency is up 0.08% at Rs 59.14 per dollar. Jun 2, 2014
bse-closes-points-16-81-down-on-may-30 Play

BSE closes points 16.81 down on May 30

New Delhi, May 30 (ANI): Trading at the Bombay Stock Exchange today closed 16.81 points down to stand at 24,217.34. At the National Stock Exchange the Nifty closed 5.70 points down to stand at 7,229.95. Coromandel International Ltd and Piramal Enterprises Ltd. were among the top gainers of Group A with an increase of 8.47% and 8.07% along with Max India and Mphasis with an increase of 7.68% and 7.51% respectively, while the top losers of Group A include JandK Bank and Power Finance with a decrease of 18.42% and 5.19% along with Rural Electrification Corporation Ltd and Allahabad Bank with a decrease of 5.18% and 4.94% at the close of the markets. The Auto sector is up 27.73 points at 14,493.77 while the banking sector is down 273.77 points at 16,953.86 and the realty sector is up 37.12 points at 1,894.34. The Indian currency is down 0.05% at Rs 59.06 per dollar. May 30, 2014
bse-closes-points-321-94-down-on-may-29 Play

BSE closes points 321.94 down on May 29

New Delhi, May 29 (ANI): Trading at the Bombay Stock Exchange today closed 321.94 points down to stand at 24,234.15. At the National Stock Exchange the Nifty closed 94.00 points down to stand at 7,235.65. Amara Raja and Financial Technologies were among the top gainers of Group A with an increase of 6.10% and 4.99% along with UCO Bank and Sobha Dev with an increase of 4.62% and 4.08% respectively, while the top losers of Group A include Wockhardt and Infosys with a decrease of 8.06% and 7.86% along with Jain Irrigation and Neyveli Lignite with a decrease of 6.20% and 5.42% at the close of the markets. The Auto sector is down 25.62 points at 14,466.04 while the banking sector is down 155.79 points at 17,227.63 and the realty sector is down 25.74 points at 1,857.22. The Indian currency is up 0.10% at Rs 58.87 per dollar. May 29, 2014
bse-closes-points-6-58-up-on-may-28 Play

BSE closes points 6.58 up on May 28

New Delhi, May 28 (ANI): Trading at the Bombay Stock Exchange today closed 6.58 points up to stand at 24,556.09. At the National Stock Exchange the Nifty closed 17.70 points up to stand at 7,335.70. Power Finance and Gujarat Mineral Development Corporation Ltd. were among the top gainers of Group A with an increase of 8.18% and 7.39% along with South Indian Bank and Muthoot Finance Ltd. with an increase of 7.37% and 6.93% respectively, while the top losers of Group A include Jet Air India and SAIL with a decrease of 8.61% and 4.59% along with HPCL and Engineers India with a decrease of 4.56% and 4.39% at the close of the markets. The Auto sector is down 93.75 points at 14,507.39 while the banking sector is up 97.27 points at 17,383.42 and the realty sector is up 25.98 points at 1,882.96. The Indian currency is up 0.30% at Rs 58.86 per dollar. May 28, 2014
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