Weak Q1 results by Infosys, HUL drag down Sensex by 800 points

New Delhi (IANS) Weak Q1 results by Infosys and Hindustan Unilever are weighing on Indian indices as the BSE Sensex extended its fall on Friday to 800 points.

HUL's revenue growth of 6 per cent YoY was below our expectations, HDFC Securities…

US Congress panel expresses concern over effectiveness of FDA inspections in India

New Delhi (IANS) A committee of the US Congress said that it was particularly concerned about foreign drug inspections conducted in India and China.

In a letter to Food and Drug Administration (FDA) Commissioner Robert M. Califf, Chair of the…

Top investors urge PM Modi to reconsider 28% GST on online skill gaming

New Delhi (IANS) An influential group of global and Indian investors like Tiger Global, DST Global, Peak XV Partners, Kalaari Capital, Matrix Partners India, and Kotak Private Equity have urged Prime Minister Narendra Modi to reconsider the decision…

Sensex, Nifty scale new heights

Chennai, (IANS) The two Indian stock exchanges continued their uptrend on Thursday to touch new peaks.

The Sensex of the BSE after opening at a subdued note at 67,074.34, flared up to touch a new all time height 67,385.52 points.

At…

Jio Financial Services valued at $ 21 billion ahead of Adani Ports, Tata Steel

New Delhi (IANS) Jio Financial Services Limited shares have been valued at Rs 261 apiece; which makes the soon-to-be-listed company India's 32nd most valuable companies.

Reliance Industries had kept July 20 as the record date for allotment…

Nifty likely to cross 20K-mark on Friday

Mumbai (IANS) Domestic equities are a breath away from the psychological levels of 20,000.

Nifty opened flat on Thursday, but soon gained momentum to close with handsome gains of 146 points at 19,979 levels, said Siddhartha Khemka, Head of…

3 crore Income Tax Returns filed till July 18, says I-T Department

New Delhi (IANS) Around three crore Income Tax Returns (ITRs) have been filed till July 18, the Income Tax (I-T) Department said on Wednesday.

"Grateful to our taxpayers & tax professionals for having helped us reach the milestone of 3 crore…

New all time high of Nifty registered at 19851 points

New Delhi (IANS) After witnessing high volatility at the highs on Tuesday, Nifty witnessed choppy movement for mid part and sharp upsurge in the later part of Wednesday and closed the day higher by 83 points, says Nagaraj Shetti, Technical Research…

Sensex moving towards 67K milestone

New Delhi (IANS) BSE Sensex is moving towards another milestone of 67,000 points mark.

On Tuesday, Sensex was up 360 points at 66,960 points. Among the Sensex stocks, Infosys, ICICI Bank, Reliance are up by more than 1 per cent.

On the…

Within the next decade, India will start adding a trillion dollars to its GDP every 18 months: Gautam Adani

New Delhi (IANS) Within the next decade, India will start adding a trillion dollars to its GDP every 18 months, Gautam Adani, Adani Group Chairman, said.

Speaking at the AGM of his group companies, Adani added that this puts us on track to…