Success Is Yours: October 2020

Saturday, October 31, 2020

LPG Prices Unchanged This Month. Here's How Much You Pay For A Refill

LPG Price November 2020: The amount of subsidy provided by the government on the annual quota of 12 refills varies from month to month.

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LPG Prices Unchanged This Month. Here's How Much You Pay For A Refill

LPG Price November 2020: The amount of subsidy provided by the government on the annual quota of 12 refills varies from month to month.

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Petrol, Diesel Prices Remain Unchanged On Sunday

In Delhi, the price of petrol remained at Rs81.06 per litre, and diesel at Rs 70.46 per litre, on November 1, according to Indian Oil Corporation notifications.

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Petrol, Diesel Prices Remain Unchanged On Sunday

SBI, ICICI Bank, HDFC Bank Pay These Returns On Fixed Deposits Now

Commercial lenders - from the likes of State Bank of India (SBI), HDFC Bank and Kotak Mahindra Bank - currently provide a slew of maturity options for retail fixed deposits, which are fixed deposits...

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SBI, ICICI Bank, HDFC Bank Pay These Returns On Fixed Deposits Now

Agriculture, Tractor Loans Not Part Of Government's Relief Scheme

The benchmark rate applicable for such relief would be the contract rate, which is used by the credit card issuers for the purpose of EMI loans, according to the Finance Ministry.

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Jewellers Gear Up For Next Festival As Gold Sales Pick Up

In Singapore, premiums of $0.80-$1.30 an ounce were charged over international spot prices.

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Gold Price Today: Domestic Gold Futures Jump To Rs 50,700 Mark

Gold Price In India Today: Domestic spot gold closed at Rs 50,840 per 10 grams on Thursday excluding GST, according to the Mumbai-based India Bullion and Jewellers Association (IBJA).

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Gold Gains By Over Rs 250 To Regain Rs 50,800 Mark

Silver also witnessed increased buying, gaining by Rs 1,623 to Rs 60,700 per kg from Rs 59,077 per kg in the previous trade.

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Agriculture, Tractor Loans Not Part Of Government's Relief Scheme

Jewellers Gear Up For Next Festival As Gold Sales Pick Up

In Singapore, premiums of $0.80-$1.30 an ounce were charged over international spot prices.

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Gold Price Today: Domestic Gold Futures Jump To Rs 50,700 Mark

Taxman Refunds Rs 1.27 Lakh Crore Through Automated System

According to the Department of Revenue, the Ministry of Finance, this has been done to ensure that business get liquidity in this difficult time.

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Gold Gains By Over Rs 250 To Regain Rs 50,800 Mark

Silver also witnessed increased buying, gaining by Rs 1,623 to Rs 60,700 per kg from Rs 59,077 per kg in the previous trade.

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Taxman Refunds Rs 1.27 Lakh Crore Through Automated System

According to the Department of Revenue, the Ministry of Finance, this has been done to ensure that business get liquidity in this difficult time.

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ICICI Bank July-September Profit Jumps Over Six Times To Rs 4,251 Crore

ICICI Bank had reported a net profit of Rs 654.96 crore in the quarter ended September 30, 2019.

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ICICI Bank July-September Profit Jumps Over Six Times To Rs 4,251 Crore

ICICI Bank had reported a net profit of Rs 654.96 crore in the quarter ended September 30, 2019.

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Amazon Tells Sebi Its Partner Future Retail Is Misleading Public: Report

Future Group in August sold its retail assets to Reliance Industries for $3.4 billion. The deal, Amazon alleges, breaches 2019 agreements by Future.

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Petrol, Diesel Prices Unchanged In Metros On Saturday

Fuel Price in India Today: State-run oil marketing companies review petrol and diesel rates on a daily basis.

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Amazon Tells Sebi Its Partner Future Retail Is Misleading Public: Report

Petrol, Diesel Prices Unchanged In Metros On Saturday

Fuel Price in India Today: State-run oil marketing companies review petrol and diesel rates on a daily basis.

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Friday, October 30, 2020

Goldman Money Funds' Liquidity Buffer Swells Before US Election

Stocks have swung significantly in recent days and more volatility is expected in the wake of the US election.

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Chevron, Exxon Shrink Spending As Coronavirus Impacts Demand

Exxon posted its third straight quarter of losses on Friday and reduced spending plans for the coming year.

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Goldman Money Funds' Liquidity Buffer Swells Before US Election

Stocks have swung significantly in recent days and more volatility is expected in the wake of the US election.

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Chevron, Exxon Shrink Spending As Coronavirus Impacts Demand

Exxon posted its third straight quarter of losses on Friday and reduced spending plans for the coming year.

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Indian Oil Profit Beats On Inventory Gains, Lower Expenses

Net profit for the state-owned company rose to Rs 6,227 crore in the three months ended September30, from Rs 563 crore a year earlier.

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Gold Price Firms As Dollar Dips, Coronavirus Concerns Grow

Unprecedented stimulus measures globally boosted gold's appeal as a hedge against inflation and currency debasement.

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BPCL Puts Bina Refinery Expansion Plan On Hold Pending Privatisation

BPCL wanted to install a residue fluid catalytic cracker at the Mumbai refinery and connect the plant with a new site where it wanted to build an ethylene cracker.

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Sensex, Nifty Fall For Third Day In A Row Dragged By Auto Shares

Six of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Auto index's 1.2 per cent decline.

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BSE To Consult SEBI On Future-Reliance Deal After Amazon Objection: Report

Amazon on October 25 won an injunction from a Singapore arbitrator to halt Future's deal to sell retail assets to Reliance.

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Indian Oil Profit Beats On Inventory Gains, Lower Expenses

Net profit for the state-owned company rose to Rs 6,227 crore in the three months ended September30, from Rs 563 crore a year earlier.

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Gold Price Firms As Dollar Dips, Coronavirus Concerns Grow

Unprecedented stimulus measures globally boosted gold's appeal as a hedge against inflation and currency debasement.

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BPCL Puts Bina Refinery Expansion Plan On Hold Pending Privatisation

Sensex, Nifty Fall For Third Day In A Row Dragged By Auto Shares

Six of 11 sector gauges compiled by the National Stock Exchange ended lower led by the Nifty Auto index's 1.2 per cent decline.

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Sensex Falls Over 500 Points As Financial, Auto Shares Weigh On Markets

Share Market Updates: Bharti Airtel, Hero MotoCorp, HUL, Eicher Motors, Bajaj Finance and Maruti Suzuki were the top Nifty losers.

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Sensex Falls Over 500 Points As Financial, Auto Shares Weigh On Markets

Share Market Updates: Bharti Airtel, Hero MotoCorp, HUL, Eicher Motors, Bajaj Finance and Maruti Suzuki were the top Nifty losers.

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Government To Offer Production-Linked Incentives To More Sectors: NITI Aayog

The Cabinet will soon consider approving such incentives for more sectors, Rajiv Kumar, vice chairman of NITI Aayog, a government think-tank told a virtual conferenc

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Sensex Falls Over 500 Points, Nifty Below 11,550 Amid Broad-Based Selloff

Mid- and small-cap shares were also witnessing selling pressure as Nifty Midcap 100 index declined 0.25% and Nifty Smallcap 100 index fell nearly 1%.

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Government To Offer Production-Linked Incentives To More Sectors: NITI Aayog

Sensex Falls Over 500 Points, Nifty Below 11,550 Amid Broad-Based Selloff

Thursday, October 29, 2020

WeWork To Revisit IPO Plans Only When Profitable: CEO Sandeep Mathrani

Last week, Fitch Ratings lowered WeWork's credit rating and warned the once high-flying startup could default on its obligations.

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Why Global Investors Are Warming Up To Emerging-Market Stocks

A growing number of investors are warming to developing-nation stocks as the global economy recovers from the worst of the coronavirus pandemic.

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WeWork To Revisit IPO Plans Only When Profitable: CEO Sandeep Mathrani

Last week, Fitch Ratings lowered WeWork's credit rating and warned the once high-flying startup could default on its obligations.

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Why Global Investors Are Warming Up To Emerging-Market Stocks

A growing number of investors are warming to developing-nation stocks as the global economy recovers from the worst of the coronavirus pandemic.

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Sensex, Nifty Edge Higher As Markets Recover Early Losses

Share Market Latest Updates: The S&P BSE Sensex index declined113.82 points to 39,636.03 at the weakest level recorded in early deals.

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Shapoorji Pallonji Group Files Plan In Top Court To Part Ways From Tatas

One of the country's largest construction firms, the SP Group has an 18.37 per cent stake in Tata Sons on the back of a decades-long relationship. Tata Sons is the holding company of Tata Group.

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Sensex, Nifty Edge Higher As Markets Recover Early Losses

Share Market Latest Updates: The S&P BSE Sensex index declined113.82 points to 39,636.03 at the weakest level recorded in early deals.

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Shapoorji Pallonji Group Files Plan In Top Court To Part Ways From Tatas

Maruti Suzuki Quarterly Profit Rises As Buyers Return

India's largest automaker by market capitalization reported a net profit of Rs 1,372 crore for the three months ended September 30.

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Maruti Suzuki September Quarter Profit Rises 1% As Demand Picks Up

Maruti Suzuki's total revenue from operations rose 10.35 per cent on year-on-year basis to Rs 18,744.50 crore.

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Maruti Suzuki Profit Rises 1% To Rs 1,372 Crore In September Quarter

Maruti Suzuki's total revenue from operations rose 10.35 per cent on year-on-year basis to Rs 18,744.50 crore.

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Wednesday, October 28, 2020

L&T Shares Fall Nearly 5% After Earnings Announcement

At 10:37 am, Larsen & Toubro shares traded 4.29 per cent lower at Rs 941.50 apiece on the BSE, underperforming the benchmark S&P BSE Sensex index which was down 0.55 per cent.

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Sensex, Nifty Trim Losses Amid Volatile Trade; Axis Bank Rises

Share Market Latest Updates: Analysts awaited more large cap earnings for near-term cues, a day after L&T and Axis Bank reported their financial results for the July-September period.

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L&T Shares Fall Nearly 5% After Earnings Announcement

Axis Bank Jumps 1% On Turnaround Q2 Earnings, Better Asset Quality

Axis Bank Net Profit: Axis Bank reported a net profit of Rs 1,682.67 crore in the quarter ended September 2020 as against a net loss of Rs 112.08 crore in the corresponding period a year ago.

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Sensex, Nifty Trim Losses Amid Volatile Trade; Axis Bank Rises

Axis Bank Jumps 1% On Turnaround Q2 Earnings, Better Asset Quality

Axis Bank reported a net profit of Rs 1,682.67 crore in the quarter ended September 2020 as against a net loss of Rs 112.08 crore in the corresponding period a year ago.

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Sensex Falls Over 350 Points, Nifty Below 11,650; Larsen & Toubro Drops

Share Market Updates: Analysts awaited more large cap earnings for near-term cues, a day after L&T and Axis Bank reported their financial results for the July-September period.

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Sensex Falls Over 350 Points, Nifty Below 11,650; Larsen & Toubro Drops

Closely Monitoring Progress Of Small Businesses: Nirmala Sitharaman

The Finance Minister said she was "equally monitoring" what the MSME ministry was doing to give subordinate debts to company partners of stressed MSMEs.

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AI Express Records Highest-Ever Annual Profit At Rs 413 Crore

Air India Express reported net profit of Rs 412.77 crore for the financial year ended March 2020 as higher operating revenue and passenger volume helped bolster the bottom line of the budget carrier.

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Closely Monitoring Progress Of Small Businesses: Nirmala Sitharaman

AI Express Records Highest-Ever Annual Profit At Rs 413 Crore

SBI Raises $1 Billion Loan From Japanese Lenders

The loan is intended to promote the smooth flow of funds for the whole range of business operations of Japanese automobile manufacturers in India.

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Petrol, Diesel Prices See No Change On Thursday

In Delhi, the price of petrol was Rs 81.06 per litre and diesel was Rs 70.46 per litre on October 29 and in Mumbai, petrol and diesel rates were Rs 87.74 per litre and Rs 76.86 per litre respectively.

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Sensex, Nifty Likely To Have A Weak Opening

Overnight, the Dow Jones Industrial Average fell 3.43 per cent, the S&P 500 lost 3.53 per cent and Nasdaq Composite dropped 3.73 per cent.

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State Bank Raises $1 Billion Loan From Japanese Lenders

Petrol, Diesel Prices See No Change On Thursday

Sensex, Nifty Likely To Have A Weak Opening

Overnight, the Dow Jones Industrial Average fell 3.43 per cent, the S&P 500 lost 3.53 per cent and Nasdaq Composite dropped 3.73 per cent.

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Tata Group To Buy Stake In BigBasket For About $1 Billion: Report

China's Alibaba, which holds around 26 per cent stake in BigBasket, is expected to sell its entire shareholding in the company, the Economic Times reported.

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Tuesday, October 27, 2020

Bharti Airtel September Quarter Revenue Jumps To Record Rs 25,785 Crore

ARPU or average revenue per user at the country's second-largest telecom operator rose to Rs 162 for the quarter, from Rs 128 a year earlier.

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Share Of Short-Term LNG Deals To Rise In Domestic Consumption: GAIL

Spot gas imports by the electricity generation sector, which account for over a fifth of the country's total consumption of the fuel, doubled in the June quarter to the highest in at least 14...

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Asian Stocks Fall As Virus, US Election Concerns Hurt Investor Sentiment

MSCI's ex-Japan Asia index dipped 0.15 per cent in early trade while Japan's Nikkei fell 0.6 per cent.

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Sensex, Nifty Edge Higher Amid Volatile Trade; Airtel Jumps 10%

Share Market Updates: Bharti Airtel shares were in focus, a day after the telecom major reported its highest quarterly revenue ever.

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Bharti Airtel September Quarter Revenue Jumps To Record Rs 25,785 Crore

ARPU or average revenue per user at the country's second-largest telecom operator rose to Rs 162 for the quarter, from Rs 128 a year earlier.

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Share Of Short-Term LNG Deals To Rise In Domestic Consumption: GAIL

Asian Stocks Fall As Virus, US Election Concerns Hurt Investor Sentiment

MSCI's ex-Japan Asia index dipped 0.15 per cent in early trade while Japan's Nikkei fell 0.6 per cent.

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Sensex, Nifty Edge Higher Amid Volatile Trade; Airtel Jumps 10%

Share Market Updates: Bharti Airtel shares were in focus, a day after the telecom major reported its highest quarterly revenue ever.

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India's Economy Accelerates In September As Animal Spirits Soar

Manufacturing activity was a bright spot, with the purchasing managers index rising to 56.8 -- the highest reading since January 2012 -- on the back of a sharp expansion in new work orders, according...

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Sensex Drops Over 100 Points As Financial Stocks Weigh On Markets

Share Market Updates: Selling pressure in banking, financial services, consumer goods and metal shares pulled the markets lower.

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India's Economy Accelerates In September As Animal Spirits Soar

Sensex Drops Over 100 Points As Financial Stocks Weigh On Markets

Share Market Updates: Selling pressure in banking, financial services, consumer goods and metal shares pulled the markets lower.

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Airtel Hits Upper Circuit On Posting Highest-Ever Quarterly Revenue

The Sunil Mittal-led telecom company reported a revenue of Rs 25,785 crore in the July-September period - its highest ever in a quarter, boosted by higher tariffs and a rise in data usage from a...

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Sensex, Nifty Edge Higher Amid Volatile Trade; Bharti Airtel Jumps 10%

Share Market Latest Updates: Bharti Airtel shares were in focus, a day after the telecom major reported its highest quarterly revenue ever.

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Tata Motors Loss Widens In September Quarter As Virus Saps Demand

The Mumbai-headquartered company, which owns British luxury brand Jaguar Land Rover (JLR), announced a consolidated net loss of Rs 314 crore ($42.61 million) for the quarter ending September 30...

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Bharti Airtel Gains Nearly 4% On Posting Highest-Ever Quarterly Revenue

Sensex Falls Over 100 Points As Financial Stocks Weigh On Markets

Share Market Latest Updates: Bharti Airtel shares were in focus, a day after the telecom major reported its highest quarterly revenue ever.

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Tata Motors Loss Widens In September Quarter As Virus Saps Demand

Petrol, Diesel Prices Steady On Wednesday

In Delhi, the price of petrol remained at Rs81.06 per litre and diesel at Rs 70.46 per litre on October 27. InMumbai, petrol and diesel rates were Rs 87.74 per litre and Rs 76.86 per...

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Sensex, Nifty Likely To Open Lower

The domestic stock markets are likely to open in the red, post the 1 per cent gains in the previous trading session,going by muted cues from Asia and a shaky start in Singapore Nifty trading.

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Petrol, Diesel Prices Steady On Wednesday

Sensex, Nifty Likely To Open Lower

Monday, October 26, 2020

Sensex Falls Over 100 Points, Nifty Slips Below 11,750 Amid Choppy Trade

Share Market Updates: MSCI's broadest index of Asia Pacific shares outside Japan was last seen trading 0.43 per cent lower.

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Kotak Bank Surges Most In 7 Months After September Quarter Earnings

Kotak Mahindra Bank share price surged as much as 11.38%, its biggest single day gain since March 25, 2020, to hit high of Rs 1,576.85 on the BSE.

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Sensex Falls Over 100 Points, Nifty Slips Below 11,750 Amid Choppy Trade

Share Market Updates: MSCI's broadest index of Asia Pacific shares outside Japan was last seen trading 0.43 per cent lower.

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Banks To Pay Interest Compound, Simple Interest Difference To Borrowers

According to the government's scheme, lenders will credit the amount in the borrowers' accounts on or before November 5, which lenders claim as reimbursement from the Centre by December 15.

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China's Ant Group Set To Raise $34 Billion In Record IPO

The cash raised from the split float between Hong Kong and Shanghai would be far more than the $29 billion chalked up by Saudi Aramco in December.

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Direct Tax Practitioners Seek Extension Of Sebi Settlement Scheme Till March 2021

SEBI had launched the Scheme in July to provide one-time settlement opportunity to entities that executed trade reversals in BSE stock options during the April 1, 2014-September 30, 2015 period,...

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Sensex, Nifty Fall For Second Day On Losses In Bank, Metal Stocks

Share Market Updates: Sentiment was weak across Asia as concerns grew over a second wave of virus infections in the United States and Europe, sending MSCI's gauge of Asia-Pacific stocks outside Japan...

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Banks To Pay Interest Compound, Simple Interest Difference To Borrowers

China's Ant Group Set To Raise $34 Billion In Record IPO

Direct Tax Practitioners Seek Extension Of Sebi Settlement Scheme Till March 2021

Sensex, Nifty Fall For Second Day On Losses In Bank, Metal Stocks

Domestic Gold Futures Edge Higher To Rs 51,050 As Dollar Eases

Gold Price In India Today: Domestic spot gold closed at Rs 51,238 per 10 grams excluding GST, according to the Mumbai-based India Bullion and Jewellers Association (IBJA).

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Domestic Gold Futures Edge Higher To Rs 51,050 As Dollar Eases

Sensex Falls Over 100 Points, Nifty Slips Below 11,750 Amid Choppy Trade

Share Market Latest Updates: MSCI's broadest index of Asia Pacific shares outside Japan was last seen trading 0.43 per cent lower.

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In Fight With Amazon, Future Retail Sees Liquidation If Reliance Deal Fails

Amazon on Sunday won an injunction from a Singapore arbitrator to halt FRL's deal to sell assets to Reliance, alleging that FRL had breached certain contract provisions it entered into last year in a...

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Sensex Falls Over 100 Points, Nifty Slips Below 11,750 Amid Choppy Trade

Share Market Latest Updates: MSCI's broadest index of Asia Pacific shares outside Japan was last seen trading 0.43 per cent lower.

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In Fight With Amazon, Future Retail Sees Liquidation If Reliance Deal Fails

Petrol, Diesel Prices Unchanged On Tuesday

In Delhi, the price of petrol remained at Rs 81.06 per litre on October 26, and diesel at Rs 70.46 per litre. In Mumbai, petrol and diesel rates were Rs 87.74 per litre and Rs 76.86 per litre...

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Sensex, Nifty Likely To Open Firm

Australia's ASX 200 opened down about 0.6 per cent, while Japan's Nikkei 225 futures were up 0.04 per cent and Hong Kong's Hang Seng index futures were up 0.1 per cent.

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Gold ETFs Or Gold Bonds: Which Is Better And When?

Wealth planners say gold should not be viewed as a short-term asset, and any investment in the yellow metal should only be made with a long-term outlook.

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Petrol, Diesel Prices Unchanged On Tuesday

Sensex, Nifty Likely To Open Firm

Gold ETFs Or Gold Bonds: Which Is Better And When?

Kotak Mahindra Bank Profit Rises 27% In September Quarter

Kotak Mahindra Bank Q2: Kotak Mahindra Bank's net interest income, difference between interest earned on loans and interest expended on deposits rose 17% to Rs 3,913.21 crore.

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Sensex Falls Over 400 Points, Nifty Below 11,800; Auto, Metals Worst Hit

All the 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty metal index's nearly 3 per cent decline.

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As Amazon Wins Order To Stall Deal, Reliance Retail and Future Group Push Back

The Singapore-based single-judge arbitration court had restrained Future Retail from selling its retail business to Reliance Industries for Rs 24,713 crore.

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Sensex Falls Nearly 400 Points, Nifty Below 11,850; Auto, Metals Worst Hit

All the 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty metal index's nearly 3 per cent decline.

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As Amazon Wins Order, Reliance Retail and Future Retail Push Back

Sunday, October 25, 2020

JSW Steel Falls After Profit Declines 42% In September Quarter

JSW Steel's revenue sales advanced 12 per cent to Rs 16,487 crore versus Rs 14,752 crore in the same period last year.

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Reliance Industries Slips 2% As Reliance Retail-Future Deal Put On Hold

The indebted Kishore Biyani group company had earlier signed a pact to sell its retail, wholesale, logistics and warehousing units to billionaire Mukesh Ambani's Reliance Industries, through its...

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JSW Steel Falls After Profit Declines 42% In September Quarter

JSW Steel's revenue sales advanced 12 per cent to Rs 16,487 crore versus Rs 14,752 crore in the same period last year.

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Reliance Industries Slips 2% After Reliance Retail-Future Deal On Hold

IndusInd Bank Jumps 4% As Promoters Call Report On Takeover "Baseless"

IndusInd International Holdings Limited (IIHL) said it considers the report "malicious, untrue and baseless".

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IndusInd Bank Jumps 4% As Promoters Call Report On Takeover "Baseless"

IndusInd International Holdings Limited (IIHL) said it considers the report "malicious, untrue and baseless".

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Car Dealers Upbeat About Festive Season

According to the data released by Federation of Automobile Dealers Association, the overall vehicle registrations in September went up by 14 per cent over August.

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Petrol, Diesel Prices Unchanged On Monday

In Delhi, the price of petrol remained at Rs81.06 per litre on October 26, and diesel at Rs 70.46 per litre. InMumbai, petrol and diesel rates were Rs 87.74 per litre and Rs 76.86 per...

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Sensex, Nifty Decline Led By IT, Metal Shares; Reliance Industries Falls

Share Market Latest Updates: MSCI's broadest index of Asia-Pacific shares outside Japan went flat, still short of its recent 31-month peak.

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Sensex, Nifty Likely To Have Subdued Opening

Global shares got off to a cautious start on Monday as surging coronavirus cases in Europe and the United states threaten the economic outlook, even as growth in China provides some support to Asia.

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Car Dealers Upbeat About Festive Season

Petrol, Diesel Prices Unchanged On Monday

Sensex, Nifty Decline Led By IT, Metal Shares; Reliance Industries Falls

Share Market Latest Updates: MSCI's broadest index of Asia-Pacific shares outside Japan went flat, still short of its recent 31-month peak.

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Sensex, Nifty Likely To Have Subdued Opening

Amazon Gets Interim Relief As Future-Reliance Deal Put On Hold

US-based e-ecommerce major Amazon.com won an interim award against its partner Future Group on Sunday, as a Singapore-based single-judge arbitration court restrained Future Retail from selling its...

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Amazon Gets Interim Relief As Future-Reliance Deal Put On Hold

A Singapore-based single-judge arbitration court restrained Future Retail from selling its retail business to Reliance Industries for Rs 24,713 crore.

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Amazon Wins Interim Relief, Future-Reliance Deal Put On Hold

Amazon.com Inc on Sunday won an interim award against its partner Future Group selling retail business to Reliance Industries Ltd for Rs 24,713 crore after a Singapore-based single-judge arbitration...

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Amazon Wins Interim Relief; Future-Reliance Deal Put On Hold

Investors' Consent Necessary, Karnataka High Court To Franklin Templeton

Franklin Templeton Mutual Fund had shut six debt schemes in India amounting to about Rs 28,000 crore from April 23, citing lack of market liquidity and redemption pressures arising from Covid-19...

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Investors' Consent Necessary, Karnataka High Court To Franklin Templeton

Burger King Files IPO Papers, To Raise Rs 542 Crore

Burger King's initial public offer (IPO) will consist of fresh issue of equity shares amounting to Rs 542 crore and an offer for sale of up to 6 crore equity shares by the promoter QSR Asia, according...

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Burger King Files IPO Papers, To Raise Rs 542 Crore

Here's How To Check Allotment Status Of Equitas Small Finance Bank IPO

The IPO received bids for 22.57 crore equity shares as against offer size of 11.58 crore equity shares, subscription data on the stock exchanges revealed.

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Here's How To Check Allotment Status Of Equitas Small Finance Bank IPO

Saturday, October 24, 2020

Petrol, Diesel Prices Unchanged On Sunday

In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel at Rs 70.46 per litre on October 24. In Mumbai, petrol and diesel rates were Rs 87.74 per litre and Rs 76.86 per litre...

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Petrol, Diesel Prices Unchanged On Sunday

Banks Given November 5 Deadline To Implement Interest Waiver Scheme

The top court had asked the government to implement the scheme, which will bring relief to millions of borrowers, at the earliest.

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Banks Given November 5 Deadline To Implement Interest Waiver Scheme

The top court had asked the government to implement the scheme, which will bring relief to millions of borrowers, at the earliest.

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Franklin Templeton Needs Unit Holder Approval For Scheme Wind-Ups: Court

Franklin Templeton Mutual Fund shut six credit funds in April citing lack of market liquidity and redemption pressures due to the pandemic.

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Franklin Templeton Needs Unit Holder Approval For Scheme Wind-Ups: Court

Franklin Templeton Mutual Fund shut six credit funds in April citing lack of market liquidity and redemption pressures due to the pandemic.

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Due Date For Filing 2018-19 Annual GST Returns Extended Till December 31

This is applicable to businesses filing annual returns as well as audit reports for the year to March 31, 2019.

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Due Date For Filing 2018-19 Annual GST Returns Extended Till December 31

This is applicable to businesses filing annual returns as well as audit reports for the year to March 31, 2019.

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Income Tax Return Deadline For Financial Year 2019-20 Extended By A Month

For individuals required to get their accounts audited, a new deadline of January 31 is applicable, instead of December 31.

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Deadline For Filing Income Tax Returns Extended Till December 31

For individuals required to get their accounts audited, a new deadline of January 31 is applicable, instead of December 31.

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Centre Issues Guidelines On Loan Relief, To Implement By November 5

The government has said that it will implement a loan relief scheme by November 5, aimed at helping borrowers during the coronavirus pandemic, and reimburse the interest on interest applicable to...

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Centre Issues Guidelines On Loan Relief, To Implement Scheme By November 5

The government has said that it will implement a loan relief scheme by November 5, aimed at helping borrowers during the pandemic, reimbursing the interest on interest applicable to eligible loan...

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Petrol, Diesel Rates Unchanged On Saturday

Fuel Price In India Today: State-run Indian Oil, Bharat Petroleum and Hindustan Petroleum review the fuel rates on a daily basis, aligning them with international oil prices and foreign exchange...

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Friday, October 23, 2020

Petrol, Diesel Rates Unchanged On Saturday

RBI To Keep Policy Accommodative, But Wary Of Inflation

Almost all members of the Monetary Policy Committee said they see room for further easing, but a recent rise in price pressures would need to abate for them to use that space.

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Finance Ministry Issues Guidelines For Implementation Of Loan Relief

After crediting the amount, the lending institutions will claim the reimbursement from the central government.

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RBI To Keep Policy Accommodative, But Wary Of Inflation

Finance Ministry Issues Guidelines For Implementation Of Loan Relief

After crediting the amount, the lending institutions will claim the reimbursement from the central government.

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Sensex, Nifty End Higher; Aditya Birla Fashion Jumps On Flipkart Deal

Global stocks remained within a tight range on Friday, less than two weeks before the US presidential election, with traders looking for a breakthrough in stimulus talks in Washington.

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Mundra LNG Terminal To Ramp Up Utilisation From 45% To 55% In 6 Months

Another pipeline connecting Anjar to Banaskantha district in Gujarat only has a diameter of 18-inches, which limits the terminal's utilisation.

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Sensex, Nifty End Higher; Aditya Birla Fashion Jumps On Flipkart Deal

Sensex, Nifty Rebound After A Day's Pause Led By Auto Shares

Seven of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Auto index's nearly 3 per cent gain.

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Sensex, Nifty Rebound After A Day's Pause Led By Auto Shares

Seven of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Auto index's nearly 3 per cent gain.

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Reliance Power Profit Doubles In September Quarter; Shares Jump

Reliance Power's revenue from operations rose 21 per cent to Rs 2,449 crore as against Rs 2,018.59 crore in the same period last year.

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Reliance Power Profit Doubles In September Quarter; Shares Jump

Reliance Power's revenue from operations rose 21 per cent to Rs 2,449 crore as against Rs 2,018.59 crore in the same period last year.

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Aditya Birla Fashion Surges On Rs 1,500 Crore Investment From Flipkart

Aditya Birla Fashion manufactures popular clothing brands like Allen Solly, Peter England, Louis Philippe and VanHeusen.

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Aditya Birla Fashion Surges On Rs 1,500 Crore Investment From Flipkart

Aditya Birla Fashion manufactures popular clothing brands like Allen Solly, Peter England, Louis Philippe and VanHeusen.

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Thursday, October 22, 2020

Flipkart To Buy 8% Stake In Aditya Birla's Fashion Unit For Rs 1,500 Crore

The investment comes at a time when Amazon.com Inc, billionaire Mukesh Ambani-led Reliance Industries and Flipkart are in a race to gain market share in India's fast-growing online market for food and...

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Flipkart To Buy 8% Stake In Aditya Birla's Fashion Unit For Rs 1,500 Crore

Sensex, Nifty Rise As Financials Gain; Earnings In Focus

Share Market Updates: Equity markets elsewhere in Asia were little changed as the final debate between US President Donald Trump and Democratic challenger Joe Biden offered little to impress...

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Sensex, Nifty Rise As Financials Gain; Earnings In Focus

Sensex Rises Over 250 Points, Nifty Above 11,950 Amid Broad-Based Gains

Share Market Updates: Top gainers in the Nifty basket of 50 shares at the time were Tata Steel, Cipla, Indian Oil, Bharti Airtel and ICICI Bank.

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Sensex Rises Over 250 Points, Nifty Above 11,950 Amid Broad-Based Gains

Share Market Updates: Top gainers in the Nifty basket of 50 shares at the time were Tata Steel, Cipla, Indian Oil, Bharti Airtel and ICICI Bank.

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Sensex Rises Over 250 Points, Nifty Above 11,950 Amid Broad-Based Gains

Share Market Latest Updates: Top gainers in the Nifty basket of 50 shares at the time were Tata Steel, Cipla, Indian Oil, Bharti Airtel and ICICI Bank, trading between 1.21 per cent and 2.36 per cent...

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Oil Companies Leave Petrol, Diesel Rates Unchanged

Sensex Rises Over 250 Points, Nifty Above 11,950 Amid Broad-Based Gains

Oil Companies Leave Petrol, Diesel Rates Unchanged

Petrol, Diesel Rates: State-run Indian Oil, Bharat Petroleum and Hindustan Petroleum review the fuel rates on a daily basis, aligning them with international oil prices and foreign exchange rates.

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Sensex, Nifty Likely To Start Day On A Muted Note

Asian investors prepared for rough trading on Thursday after a bumpy session on Wall Street amid fears that agreement on a key U.S. stimulus bill will not be reached until after the presidential...

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Sensex, Nifty Likely To Start Day On A Muted Note

Domestic Gold Futures Ease, Slide Below Rs 51,000 Mark As Dollar Gains

Gold Price In India Today: MCX gold futures settled at Rs 50,893 (down by Rs 440 or 0.86 per cent) for the day.

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Domestic Gold Futures Ease, Slide Below Rs 51,000 Mark As Dollar Gains

Gold Price In India Today: MCX gold futures settled at Rs 50,893 (down by Rs 440 or 0.86 per cent) for the day.

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Wednesday, October 21, 2020

Traders Stock Up In Hopes Of People Spending Funds Saved During Lockdown

India's biggest shopping season is at the time of the festivals of Durga Puja and Diwali, which fall 20 days apart in October-November each year.

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Wall Street Banks See Rare Payday Bonanza In India Despite Pandemic

India has seen a number of multi-billion dollar transactions in 2020 from oil-to-telecom conglomerate Reliance Industries' fundraising efforts to GlaxoSmithKline's sale of its stake in Unilever's...

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Traders Stock Up In Hopes Of People Spending Funds Saved During Lockdown

India's biggest shopping season is at the time of the festivals of Durga Puja and Diwali, which fall 20 days apart in October-November each year.

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Nifty, Sensex Track Broader Asia Lower On US Stimulus Setback

Share Market Updates: The Nifty Bank index was down 0.8 per cent, led by a 0.4 per cent decline in shares of HDFC Bank.

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Indian Economy Set For A Near Double-Digit Contraction In This Financial Year: Poll

Nearly 90 per cent of economists, 34 of 39, who responded to an additional question, said the latest government stimulus was not enough to boost the economy significantly.

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Nifty, Sensex Track Broader Asia Lower On US Stimulus Setback

Share Market Updates: The Nifty Bank index was down 0.8 per cent, led by a 0.4 per cent decline in shares of HDFC Bank.

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Indian Economy Set For A Near Double-Digit Contraction In This Financial Year: Poll

Sensex Drops Over 150 Points As Financial, IT Stocks Weigh On Markets

Share Market Latest Updates: It remains unclear whether stimulus negotiations would continue ahead of the US presidential and congressional elections on November 3.

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Gold Price Jumps 1% On US Relief Deal Bets As Dollar Eases

Gold And Silver Rate Today: MCX gold futures dropped by Rs 469 to Rs 50,183, whereas silver futures slumped to as low as Rs 60,530, Rs 1,936 lower compared to their previous close.

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India Exports Grow 4% In September: UN Economic Arm

Global trade recorded a 5 per cent drop in the third quarter of 2020 compared with the same period last year, according to UNCTAD.

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Middle East's Share Of India's Oil Imports At Four-Month Low: Report

Last month, India's oil imports from its top oil supplier Iraq declined by about 18 per cent from August, the data showed, as OPEC's second biggest producer deepened output cuts to compensate for...

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Sensex Drops Over 150 Points As Financial, IT Stocks Weigh On Markets

Gold Price Jumps 1% On US Relief Deal Bets As Dollar Eases

India Exports Grow 4% In September: UN Economic Arm

Global trade recorded a 5 per cent drop in the third quarter of 2020 compared with the same period last year, according to UNCTAD.

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Middle East's Share Of India's Oil Imports At Four-Month Low: Report

India's Exports Grew 4% In September, Says UN Trade Body

Depending on how the COVID-19 pandemic evolves in the winter months, the UN trade and development body expects the value of global trade to contract by 7 per cent to 9 per cent with respect to 2019

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India's Exports Grew 4% In September, Says UN Trade Body

Petrol, Diesel Prices Unchanged On Thursday

In Delhi, the price of petrol stood at Rs 81.06 per litre and diesel at Rs 70.46 per litre - the same levels as the previous day, according to notifications from Indian Oil Corporation.

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Sensex, Nifty Likely To Open Flat

Petrol, Diesel Prices Unchanged On Thursday

Sensex, Nifty Likely To Open Flat

Domestic Gold Futures Back Above Rs 51,250 Level As Dollar Eases

Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures - due for a December 4 expiry - moved in a range of Rs 50,491-50,790 on Tuesday.

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Domestic Gold Futures Back Above Rs 51,250 Level As Dollar Eases

Hindustan Unilever Falls After September Quarter Earnings

The company's board declared an interim dividend of Rs 14 per share and the record date for payment of interim dividend is fixed at October 29.

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Prabhat Dairy To Deposit Rs 1,292 Crore In Escrow Account: Sebi

The regulator had also received complaints from minority investors of the company alleging delays in delisting and manipulation of books of accounts.

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Hindustan Unilever Falls After September Quarter Earnings

The company's board declared an interim dividend of Rs 14 per share and the record date for payment of interim dividend is fixed at October 29.

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Reliance Industries Strengthens Nearly 2% On Starting 5G Trials With Qualcomm

Reliance Jio and Qualcomm have achieved over a 1 Gbps (1,000 Mbps) speed on the Reliance Jio 5GNR solution and the Qualcomm 5G RAN Platform, Reliance Jio said in a press release.

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Reliance Industries Strengthens Nearly 2% On Starting 5G Trials With Qualcomm

Tuesday, October 20, 2020

Gold Gains On US Stimulus Deal Optimism, Weaker Dollar

Spot gold gained 0.6 per cent to $1,917.76 per ounce by 0323 GMT, having earlier hit a one-week high. US gold futures were up 0.4 per cent at $1,922.80.

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Equitas Small Finance Bank IPO Subscribed 39% On Day 1

Equitas Small Finance Bank has fixed the price band of the public offering at Rs 32-Rs 33 per share and applicants can bid for a minimum one lot of 450 equity shares.

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Jio Tests 5G Solutions With Qualcomm. All You Need To Know

The product is already tested by a Tier-1 carrier in the US, Jio Platforms and Qualcomm said in a joint statement.

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Nifty, Sensex Rise On Gains In Banking, Energy Stocks

Share Market Updates: The Nifty Bank index was up 1.1 per cent, boosted by a 1.3 per cent gain for lender HDFC Bank.

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Gold Gains On US Stimulus Deal Optimism, Weaker Dollar

Equitas Small Finance Bank IPO Subscribed 39% On Day 1

Jio Tests 5G Solutions With Qualcomm. All You Need To Know

The product is already tested by a Tier-1 carrier in the US, Jio Platforms and Qualcomm said in a joint statement.

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Nifty, Sensex Rise On Gains In Banking, Energy Stocks

Share Market Updates: The Nifty Bank index was up 1.1 per cent, boosted by a 1.3 per cent gain for lender HDFC Bank.

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Sensex Rises 400 Points, Nifty Crosses 12,000 Mark Amid Broad-Based Gains

Share Market Updates: Bharat Petroleum, IndusInd Bank, Tata Steel, HDFC, Hindalco and Tata Motors were the top gainers in the Nifty basket of 50 shares.

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Nifty, Sensex Rise On Gains In Banking, Energy stocks

Share Market Latest Updates: The Nifty Bank index was up 1.1 per cent, boosted by a 1.3 per cent gain for lender HDFC Bank.

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Sensex Rises 400 Points, Nifty Crosses 12,000 Mark Amid Broad-Based Gains

Sensex Rises Over 300 Points, Nifty Above 11,950 Amid Broad-Based Gains

Share Market Latest Updates: Equities in other Asian markets moved higher, with MSCI's broadest index of Asia-Pacific shares outside Japan last seen trading 0.56 per cent higher.

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FDI Inflows Grew By 55% From 2008-14 To 2014-20

"The FDI equity inflow also increased by 57 per cent from USD 160.46 billion during 2008-14 to USD 252.42 billion during 2014-20," the Ministry of Commerce and Industry added.

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FDI Inflows Grew By 55% From 2008-14 To 2014-20

Petrol, Diesel Prices Unchanged On Wednesday

Sensex, Nifty Likely To Open Firm

The domestic stock markets are likely to open in the green, in line with the positive sentiment across the US and Asian Street, and strength in SGX Nifty in early trading.

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Petrol, Diesel Prices Unchanged On Wednesday

Sensex, Nifty Likely To Open Firm

Monday, October 19, 2020

L&T Gains Over 3% On Hopes Of Bagging Contract For Bullet Train Work

Larsen & Toubro has emerged as the lowest bidder for the design and construction of 237 km length of viaduct for 508-km Mumbai-Ahmedabad High Speed Rail corridor,National High Speed Rail...

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Equitas Small Finance Bank IPO Opens For Subscription: Things To Know

The public offering consists offresh issue of 8.5 crore shares and offer for sale of 7.2 crore shares by Equitas Holdings Limited, the holding company of Equitas Small Finance Bank.

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"Will Remove Constraints": Government's New Plan To Sweeten Air India Deal

The government is considering allowing potential suitors for Air India decide how much of the flag carrier's debt they want to take on as part of the deal, Disinvestment Secretary Tuhin Kanta Pandey...

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Equitas Small Finance Bank IPO Opens For Subscription: Things To Know

"Will Remove Constraints": Government's New Plan To Sweeten Air India Deal

L&T Emerges As Lowest Bidder For 237-Km Viaduct Of Bullet Train Project

The infrastructure company has emerged as the lowest bidder for the design and construction of 237 km length of viaduct for 508-km Mumbai-Ahmedabad High Speed Rail corridor.

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Centre Is Assessing GDP Contraction: Nirmala Sitharaman

Nirmala Sitharaman said that the Centre has not closed the option for another stimulus package and has started doing "some kind of" assessment on gross domestic product (GDP) contraction.

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Sensex Rises 300 Points From Day's Low As Markets Recover Early Losses

Share Market Latest Updates: HCL Tech, Larsen & Toubro, Mahindra & Mahindra, Tech Mahindra, Asian Paints and JSW Steel were the top gainers in the Nifty index.

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L&T Emerges As Lowest Bidder For 237-Km Viaduct Of Bullet Train Project

Centre Is Assessing GDP Contraction: Nirmala Sitharaman

Sensex, Nifty Edge Lower In Early Trade; Financial, FMCG Stocks Drop

Share Market Latest Updates:

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HDFC Life Profit Rises 6% To Rs 328 Crore In September Quarter

Total premium income increased to Rs 10,056.71 crore in the second quarter of current financial year, from Rs 7,456.87 crore in the year-ago period.

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Need To Rethink And Reinvent Indian Manufacturing, Says Mukesh Ambani

Mukesh Ambani said that India must rethink and reinvent manufacturing, like it did its refining and petrochemicals to make the country's manufacturing sector globally competitive

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Aadhaar Card: How To Verify Aadhaar-Registered Mobile Number Online

The UIDAI issues the 12-digit personal identification number as well as the identity card known as Aadhaar.

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HDFC Life Profit Rises 6% To Rs Rs 328 Crore In September Quarter

Need To Rethink And Reinvent Indian Manufacturing, Says Mukesh Ambani

Aadhaar Card: How To Verify Aadhaar-Registered Mobile Number Online

The UIDAI issues the 12-digit personal identification number as well as the identity card known as Aadhaar.

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Petrol, Diesel Prices Remain Unchanged On Tuesday

Sensex, Nifty Likely To Open Lower

The stock markets are likely to open in the red, following weak cues from across Asia and negative indications from early SGX Nifty trading.

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Domestic Gold Futures Top Rs 50,800 Mark Amid Safe-Haven Buying

Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures gained by Rs 264 - or 0.52 per cent - higher at Rs 50,811 on Monday.

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Petrol, Diesel Prices Remain Unchanged On Tuesday

Sensex, Nifty Likely To Open Lower

The stock markets are likely to open in the red, following weak cues from across Asia and negative indications from early SGX Nifty trading.

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Domestic Gold Futures Top Rs 50,800 Mark Amid Safe-Haven Buying

Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures gained by Rs 264 - or 0.52 per cent - higher at Rs 50,811 on Monday.

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Airlines Face Tough Winter As Hoped-For Pickup Fails To Materialise

Earlier this month, United Airlines laid off 13,000 staff temporarily as it waits on the politicians in Washington to thrash out a fresh coronavirus aid package.

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Foreign Inflows Into Asian Bonds More Than Doubles In September

Bonds markets in places such as Thailand and India could therefore be benefiting from a portfolio rebalancing, analysts said.

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Foreign Inflows Into Asian Bonds More Than Doubles In September

Bonds markets in places such as Thailand and India could therefore be benefiting from a portfolio rebalancing, analysts said.

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Sensex Rallies 449 Points, Nifty Settles Above 11,850 Led By Banks

Seven of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty PSU Bank index's over 4 per cent gain.

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Sensex Rallies 449 Points, Nifty Settles Above 11,850 Led By Banks

Seven of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty PSU Bank index's over 4 per cent gain.

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Government Asks At Least 8 State-Run Firms To Consider Buybacks: Report

The eight companies that have been asked to consider share buy backs include Coal India, NTPC, NMDC and Engineers India.

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Gold Futures Recover Early Losses, Rise To Rs 50,750 On Safe-Haven Buying

Gold Price In India Today: MCX gold futures gained by as much as Rs 235 - or 0.46 per cent - to Rs 50,782 on Monday.

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Government Asks At Least 8 State-Run Firms To Consider Buybacks: Report

The eight companies that have been asked to consider share buy backs include Coal India, NTPC, NMDC and Engineers India.

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Gold Futures Recover Early Losses, Rise To Rs 50,750 On Safe-Haven Buying

Gold Price In India Today: MCX gold futures gained by as much as Rs 235 - or 0.46 per cent - to Rs 50,782 on Monday.

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Jet Airways Rallies Nearly 50% In 8 Days; Creditors Agree To New Owners

Jet Airways shares were locked in a 5 per cent upper circuit for an eighth session in a row. The stock in the last eight sessions the stock has rallied 47 per cent.

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Jet Airways Rallies Nearly 50% In 8 Days; Creditors Agree To New Owners

Dr Reddy's Up On Nod To Hold Trials For Russia's COVID Vaccine In India

Dr Reddy's Share Price: The stock rose by Rs 131.15 to Rs 5,213.50 apiece on the BSE during the session, having begun the day stronger at Rs 5,202.00 compared to its previous close of Rs 5,082.35.

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Sunday, October 18, 2020

Dr Reddy's To Hold Trials For Russia's Sputnik V COVID-19 Vaccine, Shares Up

Dr Reddy's Share Price:

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Sensex Jumps Over 350 Points, Nifty Near 11,900 Amid Broad-Based Gains

Share Market Latest Updates: MSCI's broadest index of Asia Pacific shares traded 0.31 per cent higher at the time.

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China Economy Grows 4.9% In Third Quarter, Extending Virus Recovery

The world's second-largest economy grew slightly below expectations in the July-September period, National Bureau of Statistics (NBS) data showed, while it cautioned of uncertainty ahead as "the...

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Equitas Small Finance Bank IPO To Open On Tuesday

Equitas Small Finance Bank IPO: The public offering comprises fresh issue of 8.5 crore shares and offer for sale of 7.2 crore shares by Equitas Holdings Limited, the holding company of Equitas Small...

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Sensex Jumps Over 350 Points, Nifty Near 11,900 Amid Broad-Based Gains

Share Market Latest Updates: MSCI's broadest index of Asia Pacific shares traded 0.31 per cent higher at the time.

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China Economy Grows 4.9% In Third Quarter, Extending Virus Recovery

Equitas Small Finance Bank IPO To Open On Tuesday

Petrol, Diesel Prices Remain Unchanged On Monday

In Delhi, the price of petrol stood at Rs 81.06 per litre and diesel at Rs 70.46 per litre - the same levels as the previous day, according to Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Strong Opening

Asian markets started higher, buoyed by hopes of a U.S fiscal package before the U.S. presidential elections next month and expectations of a coronavirus vaccine by the end of this year.

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Petrol, Diesel Prices Remain Unchanged On Monday

Sensex, Nifty Likely To Have A Strong Opening

Steel Wire Units May Close Due To Raw Material Shortages: Industry Body

About 100 units in the organised sector that offer employment to about five lakh workers in the country are already operating below 50 per cent of their rated capacity.

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Steel Wire Units May Close Due To Raw Material Shortages: Industry Body

Equitas Small Finance Bank IPO To Open This Week: Key Things To Know

The IPO comprises fresh issue of 8.5 crore shares and offer for sale of 7.2 crore shares by Equitas Holdings Limited, the holding company of Equitas Small Finance Bank.

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Equitas Small Finance Bank IPO To Open This Week: Key Things To Know

Maruti Suzuki Unveils Special Offers For Government Employees

The company is seeking to further boost demand with its offer after the recent leave travel concession (LTC) cash voucher scheme announced by Finance Minister Nirmala Sitharaman.

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Maruti Suzuki Unveils Special Offers For Government Employees

Saturday, October 17, 2020

No Change In Petrol, Diesel Prices On Sunday

In Delhi, the price of petrol stood at Rs 81.06 per litre and diesel at Rs 70.46 per litre, according to notifications from Indian Oil Corporation.

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No Change In Petrol, Diesel Prices On Sunday

Grounded Jet Airways' Resolution Plan Approved By Creditors

Jet Airways once operated a fleet of more than 120 planes serving dozens of domestic destinations and international hubs such as Singapore, London and Dubai.

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Jet Airways Resolution Plan Approved By Creditors

HDFC Bank September Quarter Profit Jumps 18%, Asset Quality Improves

HDFC Bank on Saturday reported a net profit of Rs 7,513.11 crore in the quarter ended September 30, marking an increase of 18.41 per cent compared to the corresponding period a year ago. The slowdown...

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HDFC Bank September Quarter Profit Jumps 18% To Rs 7,513 Crore

Net interest income - or the difference between interest earned and interest expended - came in at Rs 15,776.39 crore, up 16.73 per cent compared to Rs 13,515.04 crore in the year-ago period.

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Here Is How Sovereign Gold Bond Price Is Calculated

Gold Bond Scheme: An issue price of Rs 5,051 per unit was applicable to the seventh tranche of gold bonds, which ended for subscription on October 16. But how are these rates calculated? Here's how.

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Here Is How Sovereign Gold Bond Price Is Calculated

Friday, October 16, 2020

How To Receive Latest Fuel Rates On Your Mobile

Currently, petrol and diesel rates vary in different parts of the country. Indian Oil, Hindustan Petroleum and Bharat Petroleum review the retail rates on a daily basis.

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Petrol, Diesel Prices Unchanged In Metros Today

Fuel Price In India Today: Currently, the consumer has to pay Rs 81.06 for a litre of petrol in Delhi, and Rs 70.46 for diesel.

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How To Receive Latest Fuel Rates On Your Mobile

Petrol, Diesel Prices Unchanged In Metros Today

Fuel Price In India Today: Currently, the consumer has to pay Rs 81.06 for a litre of petrol in Delhi, and Rs 70.46 for diesel.

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Gold Dealers Stock Up, Hope To Usher In Festive Demand

Gold is considered an intrinsic part of festivals such as Dussehra in late October, and Diwali and Dhanteras in November.

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JK Tyre, Other Firms Face Regulatory Probe In Bid-Rigging Case: Report

According to documents in the filing, Haryana state told CCI that JK Tyre was the sole bidder in a tender and quoted high prices.

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Gold Dealers Stock Up, Hope To Usher In Festive Demand

Gold is considered an intrinsic part of festivals such as Dussehra in late October, and Diwali and Dhanteras in November.

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JK Tyre, Other Firms Face Regulatory Probe In Bid-Rigging Case: Report

According to documents in the filing, Haryana state told CCI that JK Tyre was the sole bidder in a tender and quoted high prices.

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Sensex, Nifty Resume Upmove After A Day's Pause Led By Metal, Banks

Nine of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Metal index's 4 per cent surge.

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Sensex, Nifty Resume Upmove After A Day's Pause Led By Metal, Banks

Nine of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Metal index's 4 per cent surge.

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India's October Diesel Sales Rise Above Pre-COVID Levels

Diesel sales by the country's three state fuel retailers rose 8.8 per cent year on year in the first half of October, according to provisional data compiled by Indian Oil.

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Sensex Jumps Over 350 Points, Nifty Above 11,750 Amid Broad-Based Gains

Share Market Updates: Shares in Noida-based HCL Tech fell after the IT company reported its financial results for the September quarter and announced a dividend of Rs 4.

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India's October Diesel Sales Rise Above Pre-COVID Levels

Sensex Jumps Over 350 Points, Nifty Above 11,750 Amid Broad-Based Gains

IMF Data Shows Virus Will Push China GDP Growth Far Beyond US

The fund now forecasts world gross domestic product to shrink 4.4 per cent this year, an improvement from the 4.9 per cent drop seen in June, according to the latest World Economic Outlook released...

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Thursday, October 15, 2020

IMF Data Shows Virus Will Push China GDP Growth Far Beyond US

By 2025, the cumulative loss in output relative to the pre-pandemic projected path is projected to grow to $28 trillion.

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Passenger Vehicle Sales Rise 17% In July-September

Passenger vehicle sales rose 17 per cent in the second quarter of current financial year compared to same quarter last year.

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Passenger Vehicle Sales Rise 17% In July-September

Passenger vehicle sales rose 17 per cent in the second quarter of current financial year compared to same quarter last year.

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HCL Tech Profit Rises 7% To Rs 3,143 Crore In September Quarter

The company's board approved a dividend of Rs 4 per share.

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HCL Tech Profit Rises 7% To Rs 3,143 Crore In September Quarter

The company's board approved a dividend of Rs 4 per share.

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Sensex Jumps Over 350 Points, Nifty Above 11,750 Amid Broad-Based Gains

Share Market Latest Updates: On Thursday, the Sensex had ended 1,066.33 points (2.61 per cent) lower at 39,728.41, and the Nifty 290.70 points at 11,680.35, halting their longest gaining streak in...

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Sensex, Nifty Likely To Open Higher After Worst Day In 3 Weeks

Share Market Latest Updates: Downbeat comments from US Treasury Secretary Steven Mnuchin that a stimulus deal was unlikely be made before the November 3 vote in the US hurt global market sentiment.

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Domestic Gold Futures Ease On Rising Dollar, But Hold Rs 50,400 Mark

Gold Price In India Today: MCX gold futures declined by Rs 138 to Rs 50,404 and silver futures by Rs 1,429 to Rs 60,174.

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Domestic Gold Futures Ease On Rising Dollar, But Hold Rs 50,400 Mark

Gold Price In India Today: MCX gold futures declined by Rs 138 to Rs 50,404 and silver futures by Rs 1,429 to Rs 60,174.

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Centre To Borrow On Behalf Of States To Meet GST Shortfall

The Centre borrowing on behalf of states is likely to ensure that a single rate of borrowing is charged and this would also be easy to administer.

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Centre To Borrow On Behalf Of States To Meet GST Shortfall

India's Exports Rise 6% To $27.58 Billion In September

The country's imports declined 19.6 per cent to $30.31 billion in September. It was $37.69 billion in the same month last year.

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Rupee Weakens To Close At 73.38 Against Dollar

Rupee Vs Dollar: Analysts say the rupee is likely to remain under pressure in the absence of domestic cues.

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India's Exports Rise 6% To $27.58 Billion In September

The country's imports declined 19.6 per cent to $30.31 billion in September. It was $37.69 billion in the same month last year.

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Rupee Weakens To Close At 73.38 Against Dollar

Rupee Vs Dollar: Analysts say the rupee is likely to remain under pressure in the absence of domestic cues.

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European Markets Fall 2% On COVID-19 Curbs, Brexit Impasse

Analysts said the rise in coronavirus infections across Europe and no sign of a vaccine anytime soon after two high-profile prospects experienced problems was hitting sentiment.

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European Markets Fall 2% On COVID-19 Curbs, Brexit Impasse

Sensex Drops Over 1,000 Points, Breaks 10-Day Winning Streak

Selling pressure was visible across sectors as all the 11 sector gauges compiled by the National Stock Exchange ended lower.

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Sensex Drops Over 1,000 Points, Breaks 10-Day Winning Streak

Selling pressure was visible across sectors as all the 11 sector gauges compiled by the National Stock Exchange ended lower.

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Sensex, Nifty On Track To Break 10-Day Winning Streak

Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty IT index's 3 per cent decline.

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Sensex, Nifty On Track To Break 10-Day Winning Streak

Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty IT index's 3 per cent decline.

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Wednesday, October 14, 2020

Sensex, Nifty Likely To Open Flat Today After Markets Rally For 10 Days

Infosys shares will be in focus today, a day after the country's second largest IT company raised its annual revenue growth forecast.

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Rupee Edges Higher To Close At 73.29 Against Dollar

Rupee Vs Dollar: The dollar index - which measures the dollar against six other currencies - was last seen trading 0.06 per cent.

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Sensex, Nifty Likely To Open Flat Today After Markets Rally For 10 Days

Infosys shares will be in focus today, a day after the country's second largest IT company raised its annual revenue growth forecast.

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Rupee Edges Higher To Close At 73.29 Against Dollar

Rupee Vs Dollar: The dollar index - which measures the dollar against six other currencies - was last seen trading 0.06 per cent.

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Sensex, Nifty Likely To Open Flat Today After Markets Rally For 10 Days

Share Market Latest Updates: Infosys shares will be in focus today, a day after the country's second largest IT company raised its annual revenue growth forecast

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Sensex, Nifty Likely To Open Flat Today After Markets Rally For 10 Days

Infosys Slips 2% Ahead Of Q2 Earnings

Infosys, the country's second largest information technology company, had reported a 2 per cent sequential decline in net profit at Rs 4,233 crore in the previous quarter ended June 2020.

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Wipro Slips Nearly 7% Post Q2 Earnings, Share Buyback Plans

Wipro Share: Wipro had announced that it would buy back 23.75 crore shares at Rs 400 per equity share, which was a premium of 6.45 per cent to Tuesday's closing price of Rs 375.75.

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Sensex Falls Over 200 Points, Nifty Near 11,850; Bank Stocks Lead Losses

Stock Market Updates: Lowering its forecast for India, the IMF said the country's economy will contract 10.3 per cent this year because of the coronavirus pandemic.

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Hong Kong's Foreign Exchange Intervention Highest Since 2009 Crisis

Capital has flown into the Asian financial hub in 2020, initially due to comparatively high interest rates, and subsequently attracted by a series of large initial public offerings, analysts said.

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IMF Sees Less Severe Global Contraction But Trouble In Emerging Markets

The IMF forecast a 2020 global contraction of 4.4 per cent in its latest World Economic Outlook, an improvement over a 5.2 per cent contraction predicted in June.

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Infosys Slips 2% Ahead Of Q2 Earnings

Wipro Slips Nearly 7% Post Q2 Earnings, Share Buyback Plans

Tuesday, October 13, 2020

Sensex Falls Over 200 Points, Nifty Near 11,850; Bank Stocks Lead Losses

Hong Kong's Foreign Exchange Intervention Highest Since 2009 Crisis

Sensex, Nifty Likely To Have A Weak Opening

Asian equities were set to slip on Wednesday as halted COVID-19 vaccine trials and absent U.S. stimulus agreement weighed on investor sentiment.

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Sensex Falls Over 250 Points, Nifty Below 11,850; Bank Stocks Lead Losses

Share Market Latest Updates: Lowering its forecast for India, the IMF said the country's economy will contract 10.3 per cent this year because of the coronavirus pandemic.

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Petrol, Diesel Prices Unchanged On Wednesday

In Delhi, the price of petrol was Rs 81.06 per litre and diesel was Rs 70.46 per litre - the same levels as the previous day, according to Indian Oil Corporation.

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Sensex, Nifty Likely To Have A Weak Opening

Asian equities were set to slip on Wednesday as halted COVID-19 vaccine trials and absent U.S. stimulus agreement weighed on investor sentiment.

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Retail Inflation Rises To Highest In 8 Months As Food Prices Soar

Retail inflation has remained above 4 per cent, the middle point of the Reserve Bank of India's (RBI) target of 2-6 per cent, for a year.

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Paytm Launches Same-Day Bank Settlement Facility For Businesses

The feature can be accessed from Paytm merchant dashboard or Paytm for business app; the minimum amount that can be transferred is Rs 50, and the maximum amount is Rs 2 lakh in a single transfer...

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Top Court Lists Hearing On Centre's Interest Waiver Plan For Wednesday

The Supreme Court had earlier asked the government to consider the concerns of real estate companies and power producers in a fresh plan on interest waiver.

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Paytm Launches Same-Day Bank Settlement Facility For Businesses

Sensex Falls Over 100 Points, Nifty Below 11,900 Led By Financial Stocks

Stock Market Updates: Consumer inflation increased to 7.34 per cent in September, the highest level recorded since January, and well above the upper end of the RBI's target range.

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Monday, October 12, 2020

Likhitha Infrastructure IPO: Here's How To Check Allotment Status

The oil & gas pipeline infrastructure service provider had fixed the price band of the share offering at Rs 117-Rs 120 per share, which was later revised downwards to Rs 116-Rs 120 per share.

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Sensex Gains Over 150 Points Led By IT, Pharma Shares

Share Market Latest Updates: Analysts awaited corporate earnings from IT major Wipro due later in the day.

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Likhitha Infrastructure IPO: Here's How To Check Allotment Status

Sensex Gains Over 150 Points Led By IT, Pharma Shares

Share Market Latest Updates: Analysts awaited corporate earnings from IT major Wipro due later in the day.

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Petrol, Diesel Prices Unchanged On Tuesday

Sensex, Nifty Set To Have A Subdued Opening

The stock markets are likely to open flat, with a negative bias, after eight consecutive days of gains, going by early indications from SGX Nifty trading.

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Sensex, Nifty Set To Have A Subdued Opening

UTI AMC Makes A Tepid Debut, Lists At 12% Discount

Shares of UTI Asset Management Company: The shares listed at Rs 490.25, a discount of Rs 63.75 or 11.51 per cent on the BSE, compared to issue price of Rs 554.

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Vedanta Hits Lower Circuit Due To Failure Of Delisting Plans

The shares of Vedanta hit the lower circuit in mid-morning trading due to the miner's failure to buy back shares and delist itself, compelling it to return all tendered shares.

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Mazagon Dock Shipbuilders Debuts At 49% Premium To Issue Price

Mazagon Dock IPO: The shares of the country's largest defence company listed opened at Rs 216.25 on the BSE, up Rs 71.25 or 49 per cent compared to issue price of Rs 145 per share.

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Sunday, October 11, 2020

Sensex Gains Over 350 Points As Financial, IT Stocks Lead Gains

Stock Market Updates: Share markets in other parts of Asia jumped led by Chinese shares, though caution about the fate of US stimulus kept the dollar firm.

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"Higher-Than-Expected" Reopening In India Boosts GDP Recovery Hopes

A Jefferies Financial Group Inc. model tracking economic recovery this week showed activity in India is already at 93 per cent of pre-Covid levels.

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Petrol, Diesel Prices Unchanged On Monday

In Delhi, the price of petrol was Rs 81.06 per litre and that of diesel was Rs 70.46 per litre, according to notifications from Indian Oil Corporation.

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Sensex, Nifty Likely To Open Firm

Asian stock markets began the week with cautious gains on Monday, as investors clung to hopes for U.S. stimulus spending, while the dollar firmed after a Chinese central bank policy tweak unwound some...

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UTI AMC Public Offer To List On October 12

The public issue was subscribed 2.31 times; 2.32 times in retail category, 3.34 times in qualified institutional buyers category and 0.93 times among non-institutional investors.

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Petrol, Diesel Rates Remain Constant In Metros On Sunday

In Delhi, the price of petrol was Rs 81.06 per litre and that of diesel was Rs 70.46 per litre, according to Indian Oil Corporation, the country's largest fuel retailer.

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Saturday, October 10, 2020

RBI Appeals To Supreme Court To Allow Banks To Classify Bad Loans

The RBI warned that failure to immediately lift an interim stay on banks classifying any loan as a non-performing asset (NPA) would also undermine the central bank's regulatory mandate.

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US Imposes Tariffs On Aluminum Sheet From India, 17 Other Countries

US Commerce Secretary Wilbur Ross said the US International Trade Commission would make the final determination in February 2021.

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Opinion: What Changes To Residential Status Provisions Mean For Taxpayers

Individuals who were likely to qualify as non-residents earlier will qualify as not ordinarily residents as per the amended provisions.

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Petrol, Diesel Rates Unchanged In Metros On Saturday

Petrol And Diesel Rate: In Delhi, the price of petrol was at Rs 81.06 per litre on October 10, and that of diesel at Rs 70.46 per litre, according to notifications from Indian Oil Corporation.

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Petrol, Diesel Rates Unchanged In Metros On Saturday

Gold Sold At Premium After 2 Months As Jewellers Bank On Festivals

In Bangladesh, some people resorted to selling gold with the coronavirus outbreak having shuttered businesses and choking incomes.

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Friday, October 9, 2020

India's Fuel Demand Up 7% In September, First Monthly Gain Since June

The country's daily number of coronavirus infections has slowed since hitting a single-day high of 97,894 new cases on September 17, a sign that infections were peaking for now.

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Gold Futures Jump To Rs 50,749, Silver To Rs 62,079 As Dollar Eases

Gold Price In India Today: Gold has been one of the most consistent gainers through the six months of coronavirus pandemic-led turmoil in financial markets.

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Gold Futures Jump To Rs 50,749, Silver To Rs 62,079 As Dollar Eases

Rate-Sensitive Stocks Trade Higher Ahead Of RBI Policy

The RBI Governor Shaktikanta Das will announce decisions of the Monetary Policy Committee (MPC) in an address to the media at 10:00 am.

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Sensex Rises Over 100 Points, Nifty Above 11,850 Amid Broad-Based Gains

Share Market Latest Updates: The S&P BSE Sensex index rose to 40,309.18 at the strongest level in early deals whereas the broader NSE Nifty 50 benchmark climbed to as high as 11,876.05.

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Thursday, October 8, 2020

"Monetary Policy Continues To Stay Dovish": Economists As RBI Holds Rates

The MPC, as expected, kept the repo rate, its key lending rate, at 4.0 per cent, while the reverse repo rate or the key borrowing rate stayed at 3.35 per cent.

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Silver Lining Is Visible In Fight Against COVID-19: Shaktikanta Das

The RBI Governor exuded confidence that barring a second wave, India stands poised to shrug off the deathly effect of the virus and renew its tryst with pre-COVID growth trajectory.

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"Accommodative Stance As Long As Necessary": RBI On Rate Pause

The decision was the first under a newly constituted MPC, which includes three external members who have in the past supported monetary and fiscal stimulus to boost the economy.

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RBI Predicts GDP Contraction By 9.5%, Keeps Status Quo On Rates

The monetary policy committee kept the repo rate, its key lending rate, unchanged at 4 per cent while the reverse repo rate or the key borrowing rate remained at 3.35 per cent.

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RBI Predicts -9.5% GDP For 2020-21, Keeps Rates Unchanged: 10 Points

RBI Governor Shaktikanta Das said today that the country's economy is likely to contract 9.5 per cent in the current financial year with risks tilted to downside, while maintaining a status quo on...

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