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HPCL shareholders land a windfall with 2:1 bonus issue; shares hit 52-week high

Hindustan Petroleum Corporation Limited (HPCL) board approved the 2:1 bonus issue, the company informed BSE. Jul 21, 2016
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Infosys, Wipro shares fall 10% in 5 days

Shares of IT software services exporters Infosys and Wipro have dropped sharply after they declared their June quarter (Q1) results. Jul 20, 2016
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Gold holds firm as equity rally loses steam

U.S. gold was up 0.1 percent at $1,333.30 an ounce. Jul 20, 2016
Rupee

Global Funds buy a record $921 million rupee-bonds in 8 days of July: Report

India's growth profile and macro stability increases risk appetite among foreign investors to invest in emerging market assets. Jul 19, 2016
Indian rupee vs dollar

Employees' provident fund investment into indexed equities to remain at 5%

The central board of trustees agreed to continue with only 5 percent investments into exchange traded funds (ETFs). Jul 18, 2016
Bombay Stock Exchange building ians bse

Mindtree, Wipro shares trade low ahead of June 2016 quarter results

Mindtree shares trade low at the Bombay Stock Exchange ahead of the company's quarterly results announcement on Monday, July 18. Jul 18, 2016
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Markets open on a bullish note on positive GST Bill buzz; Sensex up 130 points

Positive statements by the Modi government and the Congress have raised hopes of GST Bill being passed in Parliament. Jul 18, 2016
indian economy, india forex reserves, rbi data, india stock markets, indian rupee vs us dollar

Foreign investors buy equities worth $664 million in July

The net investment in Indian equities by FIIs/FPIs between 1 and 15 July was $663.52 million (Rs. 4,463.65 crore). Jul 16, 2016
Brexit

Infosys CEO Vishal Sikka says Brexit could open up revenue growth opportunities

Sikka said fresh demand for IT services from other countries from the European Union could open new windows of opportunities. Jul 15, 2016
gold bars, gold prices, trump policies, strong us dollar, gold demand, gold consumption

Sovereign Gold Bond Scheme: Things to know about the fourth issue that opens on July 18

The fourth tranche (issue) of the Sovereign Gold Bond Scheme will open on July 18, the RBI said on Thursday. Jul 15, 2016
Insurance Bill

ICICI Prudential Life plans for Rs. 5,000 crore IPO: Report

ICICI Prudential's public listing alongside Vodafone's $2.5 billion IPO will be India's big-ticket offers scheduled before the 2016 end. Jul 15, 2016
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TCS beats Infosys on q-o-q net profit, revenues, attrition for Q1 FY17

Infosys and TCS record quarterly and yearly rise in revenue though net profit declines over the previous quarter. Jul 15, 2016
BSE Sensex, NSE Nifty, budget 2017, stocks rally, buzzing stocks, wipro share price, kmb share price, hdfc bank share price

Infosys, TCS, Wipro shares drop sharply on Q1 FY2017 results

Infosys, TCS, Wipro shares were trading with losses after Infosys lowered its FY2017 revenue guidance while declaring Q1 results. Jul 15, 2016
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Online travel agent Yatra looks to get listed in NASDAQ with the Terrapin deal

Yatra to get listed in NASDAQ by merging with Terrapin 3 Acquisition Corp. Jul 14, 2016
gold prices in india, gold stocks, titan share price, tbz share price, gold consumption, gold jewellery in india, wgc gold demand

Titan, PC Jeweller gain on govt easing gold jewellery excise duty rules

The government on Wednesday relaxed rules gold jewellery excise duty rules on Wednesday, triggering a modest rally in gold shares. Jul 14, 2016
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