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FINANCE AND MARKETS

Sebi imposes 10-yrs ban on Amadhi Investments from capital markets for fraudulent activities in IPO case

Securities Exchange Board of India (SEBI) on Monday banned Amadhi Investments for 10 years from the capital markets and directed it to forgo about Rs 78 lakh for indulging in fraudulent and...

PTI | Mar 27, 2017 02:44 PM

Sensex gains 113 points, Nifty regains 9,100 level in early trade

Stock markets opened higher on Friday with the benchmark BSE Sensex advancing by 113 points in early trade on continued buying by investors in banking and FMCG stocks.

PTI | Mar 24, 2017 11:34 AM

Telangana government decides to install electronic point of sale machines in 16,000 fair price shops

“e-Pos (computerisation) is being presently implemented in 1,545 fair-price shops in the Greater Hyderabad Municipal Corporation area. Now the government has decided to roll out e-Pos in all the...

PTI | Mar 22, 2017 05:42 PM

Idea cellular stock ends 5 per cent lower after merger with Vodafone India

Aditya Birla group, Idea's parent company, will own 26 per cent after paying Rs 3,874 crore cash for a 4.9 per cent stake, the two firms announced at a press conference on Monday.

PTI | Mar 21, 2017 07:01 PM

Sensex falls 33.29 points to end at 29,485; Nifty slips below 9,100-mark

Data showing that domestic investors were net sellers on Monday proved to be a dampener.

PTI | Mar 21, 2017 06:32 PM

GST impact on inflation expected to be less than 20 basis points: Nomura

The implementation of Goods and Services Tax (GST) is likely to be fiscally neutral and its impact on inflation is expected to be less than 20 basis points, says a Nomura report.

PTI | Mar 20, 2017 05:22 PM

No FDI in defence, ports, coal sector in April-December period: Government informs Parliament

Barring defence industries, the other four sectors had not received any FDI in 2015-16 either. Last year, the government relaxed FDI norms in several sectors including defence. India imports 70 per...

PTI | Mar 20, 2017 04:47 PM

Sensex falls 129 points in early trade on profit booking by investors

The benchmark BSE Sensex fell almost 129 points in early trade on Monday due to profit booking by investors after recent strong gains.

PTI | Mar 20, 2017 10:18 AM

Market outlook: Domestic bourses brace for Yogi ripples from Uttar Pradesh

Stock markets are bracing this week for ripples coming from Uttar Pradesh with several marketmen raising concerns over the Centre’s future reform policies in view of anointment of hardliner Yogi...

PTI | Mar 19, 2017 07:53 PM

Employees Provident Fund Organisation may invest up to 15 per cent of investable amount in equity markets during FY 2018

The Employees Provident Fund Organisation (EPFO) may propose to invest up to 15 per cent of its investable amount in equity markets during the next fiscal amid a bullish trend in stock markets

PTI | Mar 19, 2017 02:30 PM

Paytm to have its own bank by March end: Vijay Shekhar Sharma

Paytm Payments Bank, which got the final approval from the Reserve Bank in January, hopes to start operations by the month-end, Paytm founder and chief executive Vijay Shekhar Sharma said in Mumbai on...

PTI | Mar 17, 2017 08:02 PM

Nifty crosses 9,200-mark for first time, Sensex climbs 239 points

Continuing its record-setting spree, the Nifty climbed over the 9,200-mark for the first time and the benchmark Sensex surged 239 points in early hours on Friday, with foreign investors continuing to...

PTI | Mar 17, 2017 10:23 AM

GST Council caps cess on demerit goods at 15%, clears all five draft bills

The actual cess on demerit goods, which will help create a corpus for compensating states for any loss of revenue from GST implementation in the first five years, may be lower than the cap as the...

PTI | Mar 16, 2017 11:58 PM

India's exports soar 17% to $24.5 bn in February; trade deficit widens

The trade deficit widened as well to USD 8.89 billion as imports expanded.“In continuation with the revival exhibited by exports since September 2016, exports during February for the first time...

PTI | Mar 15, 2017 11:11 PM

Two-wheeler industry to shrug off currency ban shock, end FY 2017 with 7-8 per cent growth: Report

The two-wheeler industry, which boomed with high double-digit growth till October, is likely to overcome the currency ban shocks and close the outgoing financial year with a 7-8 per cent growth,...

News Nation Bureau | Mar 13, 2017 12:54 PM