Markets

Google says India anti-trust ruling could cause 'irreparable' harm: document

The Competition Commission of India (CCI) in February fined Google $20 million for abusing its position in online web search and also slammed the company for preventing its partners from using competing search services.

May 18, 2018

daily petrol price, daily diesel price, fuel prices in india, indian economy, india crude oil imports, petrol pumps, ioc, hpcl, bpcl

Asia oil thirst tab $1 trillion a year as crude rises to $80

With the US dollar - in which virtually all oil is traded - also growing stronger, concerns are rising that economies will take a hit, especially in import-reliant Asia. Surging costs could have an inflationary effect that will hurt both consumers and companies.

May 17, 2018

bombay stock exchange, bse, sensex, nifty, stock markets, sensex gainers, sensex losers, buzzing stocks

Sensex falls as Karnataka election outcome disappoints

The Bharatiya Janata Party (BJP) won 104 seats, falling short of the 113 seats needed to form a government, while the opposition Congress clinched 78 seats.

May 16, 2018

note ban, demonetisation, rbi, modi govt, currency, rs 100 note, fm jaitley, arun jaitley, indian economy, atm, cash deposit

Suspected RBI interventions stems rupee's fall

Sharply rising U.S. dollar yields have boosted the dollar on international exchanges, and the rupee was also coming under pressure from firm crude oil prices that will weigh on India's already widening trade deficit.

May 16, 2018

Apple surprises with solid iPhone sales, announces $100 billion buyback

Apple bought $23.5 billion of stock in the March quarter and said it planned to hike its dividend 16 percent, compared with a 10.5 percent increase last year. Analysts believe the heavy emphasis on buybacks will bolster share prices.

May 2, 2018

Analysts still prefer Infosys over TCS despite bullish outlook, market cap boost

TCS' market capitalization reached the $100 billion mark on Monday, rising high above analysts' expectations of where its valuation should be.

Apr 24, 2018

demonetisation, petrol pumps, paying by cash, petrol, diesel, petrol pump dealers

Fuel prices: Modi's undoing or the silver bullet for last leg?

There's no plan to roll back free market pricing. There's no plan to pare excise duties. There's no reliable plan to bring fuel prices under GST. Worse off, global crude prices are likely to increase this year.

Apr 23, 2018

tcs q3 results, tcs share price, tcs income, tcs interim dividend, tcs management speak, infosys

TCS set to become 1st Indian company with $100 billion market cap

By scaling $100 billion, TCS is set to join the league of the 100 most valuable companies in the world. TCS will be the 2nd Indian company to achieve the milestone after Reliance Industries. Mukesh Ambani-led Reliance Industries had crossed the mark in October 2007.

Apr 21, 2018

Rupee falls to 13-month low of 66 after RBI minutes

The RBI this month kept its policy repo rate unchanged at 6 percent for the fourth straight meeting and retained its "neutral" stance.

Apr 20, 2018

rbi, impact of demonetisation, impact of note ban, indian economy, rbi updates on note ban, pm modi, uttar pradesh election results 2017, congress, indian opposition parties

As India's economic growth outpaces China, will RBI play party-pooper?

The RBI has signaled that an interest rate increase may come as early as June as the policymakers are optimistic that Asia's third-largest economy will rebound this year.

Apr 20, 2018

fuel prices in india, daily petrol price, daily diesel price, diesel price, petrol price, omcs, modi govt, daily fuel price

Fuel gets dearer: Petrol rises to 55-month high, diesel costliest ever

Petrol in Delhi now costs Rs 74.08 a liter and diesel price is at Rs 65.31 per liter.

Apr 20, 2018

tcs q4 results, tcs q4 net profit, tcs q4 revenues, tcs share price, tcs final dividend

TCS shares set for big gains after 1:1 bonus issue

The ratio of the bonus share offering shows that a shareholder of the company will receive one share for every share held.

Apr 20, 2018

Akshaya Tritiya 2018: Things to keep in mind while buying gold

During this Akshaya Tritiya, here are the six things that you should know before stepping into a jewelry store.

Apr 18, 2018

Capricorn Food to go public: IPO details

Capricorn Food Products aims to utilize IPO proceeds toward repayment of debts of the company, investment in its subsidiary Gonglu, and general corporate purposes.

Apr 17, 2018