Equity indices fall tracking Asian stocks, Sensex down 400 pts

Mumbai (IANS) The key Indian equity indices fell on Friday with the BSE Sensex falling over 400 points.

The decline in the domestic market was in line with the Asian stock markets, analyst said.

Around 10.05 a.m., Sensex was trading…

Equity indices rise on global cues, Nifty above 9,200

Mumbai (IANS) The key Indian equity indices opened on a positive note on Thursday, with the Nifty50 on the National Stock Exchange trading over the 9,200 mark.

Global stock markets rose due to the recovery in the crude oil prices.

At…

Facebook buying 9.99% stake in Reliance Jio for Rs 43,574 cr, largest FDI in India's tech sector

New York (IANS) It's official. Social media and tech giant Facebook is pouring in Rs 43,574 crore for a 9.99 per cent stake in India's oil-retail-telecom conglomerate Reliance Industries Limited (RIL) led Jio Platforms -- the largest investment…

RIL stocks zoom as FB to invest in Jio Platforms

Mumbai (IANS) Stock prices of Reliance Industries zoomed on Wednesday morning after the company announced that Facebook will invest Rs 43,574 cr in Jio Platforms for a 9.99 per cent Stake.

Jio Platforms is a wholly-owned subsidiary of Reliance…

Sensex falls 1,000 points on oil price crash, Nifty below 9,000

Mumbai (IANS) Indian stock market witnessed a freefall on Tuesday with both the BSE Sensex and the Nifty50 closing below the psychological levels of 31,000 and 9,000, respectively.

The Sensex lost over 1,000 points by the end of the day's…

Equities tumble on oil market crash, Sensex down 800

Mumbai (IANS) The key Indian equity indices plunged over 2 per cent on Tuesday tracking weakness in global markets.

The slump in the stock markets globally came on the back of the huge crash in the US crude oil prices. In a historic price movement,…

E-tailers support Centre's move, but expect relaxations

New Delhi (IANS) As the government on Sunday said that e-commerce platforms will be able to sell only essential goods, e-commerce majors have expressed their support to the decision, but have also said that they hope for relaxations to benefit both…

India extends anti-dumping duty on acetone imports to protect domestic industry

New Delhi (IANS) In a move to safeguard domestic industry from any further injury during the coronavirus outbreak, the central government has extended the operation of higher import duty on a key input used by automobile and construction industry…

ICICI Bank has $100 mn exposure to cash-strapped Hin Leong Trading

New Delhi (IANS) ICICI Bank could see a rise in its non-performing assets with Singapore-based oil trading major Hin Leong Trading filing for bankruptcy.

According to the oil trading company's filing, ICICI Bank has an exposure of $100…

Oil prices fall further, WTI hits $15/barrel on low demand

New Delhi (IANS) Crude oil prices plunged on Monday with the West Texas intermediate (WTI) crude in the US falling below the $15 per barrel mark, the lowest level in 21 years.

The fall in oil prices comes on the back of weak demand amid the…