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FINANCE AND MARKETS

Total spending on our cards increased post- demonetisation by 25-30 per cent: SBI

The second largest credit card player SBI Card on Monday said post-noteban, the total spends on its cards have increased by 25-30 per cent, despite fall in certain segments like fuel, jewellery and...

PTI | Jan 16, 2017 11:13 PM

Private equity inflows in real estate soar 62 per cent to Rs 38,000 crore in 2016, says report

The country's real estate sector saw Private equity inflows soar 62 per cent to Rs 38,000 crore, during 2016, largely helped by Parliament's clearance of two significant legislation, Real Estate...

PTI | Jan 16, 2017 07:13 PM

BSE fixes price band for IPO at Rs 805-806, to raise Rs 1,243 crores

BSE has fixed the price band for its upcoming initial public offering (IPO) at Rs 805-806 per share. The bourse expects to raise capital to the tune of Rs 1,243 crore through the sale of its IPO.

PTI | Jan 16, 2017 03:10 PM

Sebi allows celebrity endorsements in mutual funds, issues new advertising code

Sebi has allowed celebrities to endorse the instrument at industry level and issued new advertising code that will require fund houses to communicate in a simple manner with the public.

PTI | Jan 14, 2017 08:22 PM

SEBI lowers broker fees by 25 per cent to Rs 15 on transaction of Rs 1cr; goes digital on all payments

To reduce overall cost of transactions, SEBI on Saturday decided to lower broker fees by 25 per cent to Rs 15 per transaction of Rs 1 crore as part of calibration of various other fees collected by...

PTI | Jan 14, 2017 06:03 PM

BSE's Rs 1,500 crore initial public offering launch on Jan 23, to list on NSE

Asia's oldest stock exchange BSE is set to launch its Rs 1,500 crore initial public offering (IPO) on January 23

PTI | Jan 13, 2017 03:41 PM

After N Chandrasekaran's appointment as chief, Tata Group announces new appointments to key posts

The top brass of the Tata Group witnessed a major reshuffle on Thursday after N Chandrasekaran was elevated as Tata Sons' new managing director and chairman (CMD), while his associate N Rajesh...

News Nation Bureau | Jan 13, 2017 08:17 AM

Sensex soars 151 points to regain 27000-level, Nifty tops 8300 in early trade

Sensex gained over 151 points to breach the 27,000-level and Nifty soared over the 8,300-mark in Wednesday's opening trade following widespread gains as investors widened their bets amid a firming...

PTI | Jan 11, 2017 05:17 PM

Sensex zooms 241 points, closes at 2-month high at 27,140 ahead of corporate earning seasons

The 30-share Sensex resumed higher at 26,978.44, quickly breached the 27,000-mark to hit a high of 27,174.87 before winding up at 27,140.41, scoring a notable rise of 240.85, or 0.90 per cent.

PTI | Jan 11, 2017 05:16 PM

Sensex gains 173 points on upbeat tax collection data; auto, banks sectors up

Dismissing slowdown concerns post demonetisation as "anecdotal", Finance Minister Arun Jaitley on Monday said tax collection has grown at a decent pace.

PTI | Jan 10, 2017 06:12 PM

Rupee breaches 68-mark, sheds 24 paise on capital outflows and firming dollar

The rupee again broke below the 68-mark by depreciating 24 paise to trade at 68.20 against the dollar in early trade on Monday

PTI | Jan 09, 2017 10:09 AM

Income Tax Dept investigates Rajkot-based cooperative bank that got suspicious Rs 871 crore deposits

The Income Tax department has detected huge alleged inconsistencies in the transactions of a Rajkot-based cooperative bank where Rs 871 crore deposits were made

News Nation Bureau | Jan 08, 2017 06:46 PM

Foreign Portfolio investors pull out whopping USD 3.5 billion in 2016, worst in 8 years

The Indian capital markets in 2016 saw foreign investors pulling more than USD 3 billion of the so-called 'hot money', making it the worst period in last eight years in terms of foreign investments.

PTI | Jan 08, 2017 01:36 PM

Sensex closes down 119 points after hitting 27k, IT stocks fall

The IT index suffered the maximum pain by falling 2.54 per cent as two US lawmakers reintroduced a Bill to curb the use of H-1B visas, including requiring employers to shell out more for workers.

PTI | Jan 06, 2017 06:26 PM

Sensex surges 215 points on buoyed Asian indices and heavy buying

The Sensex opened higher before trading at 26,847.75 at 1147 hours, up 214.62 points, or 0.81 per cent, from its last close.

PTI | Jan 05, 2017 12:35 PM