Sensex in red amid heavy fund outflow

Mumbai (IANS) The Sensex traded slightly lower amid heavy outflow of foreign funds on Tuesday and caution ahead of key quarterly results.

Monday saw the Foreign Institutional Investors (FIIs) selling nearly Rs 2,000 crore worth…

Sensex sheds 300 points as equity indices open in red

Mumbai (IANS) The key Indian equity indices opened on a negative note on Monday, with the BSE Sensex losing over 300 points.

The Nifty50 on the National Stock Exchange was also down over 100 points, continuing the bearish trend…

SC's status quo on Essar Steel sale to ArcelorMittal

New Delhi (IANS) The Supreme Court on Monday ruled status quo on the sale of Essar Steel to Arcelor Mittal.

A bench headed by Justice Rhinton F. Nariman admitted the appeals by Essar Steel lenders and Arcelor Mittal challenging the order of…

Sensex down 850 pts in two days over intense FII outflow

Mumbai (IANS) Sensex lost over 850 points in past two sessions as the government ruled out any possibility of a roll-back of increase in tax surcharge for the super-rich in the Budget.

Since, July 5, when the Union Budget was proposed, Foreign…

Authorities to probe all aviation related safety incidents: Minister

New Delhi (IANS) Union Minister Hardeep Singh Puri on Saturday said that the authorities will investigate all aviation related safety incidents.

According to the Minister of State with independent charge for Housing and Urban Affairs and Civil…

Expansion flight: GoAir plans to enter Vietnam, Cambodia

Mumbai (IANS) Budget passenger carrier GoAir plans to add destinations such as Hanoi and Phnom Penh to its international network by the year-end, sources said.

Sources said the airline, which is rapidly expanding its international presence,…

CII identifies 31 products with high export potential

New Delhi (IANS) The Confederation of Indian Industry (CII) has identified 31 items, including women's apparel, drugs, cyclic hydrocarbons, and furniture, with high potential for exports in a new study on boosting merchandise exports.

The…

Microsoft partners with Telangana government to empower women

Hyderabad (IANS) Microsoft has partnered with the Telangana government's Women Entrepreneurs Hub (WE Hub) aimed at empowering women entrepreneurs and technologists in the region.

This partnership will focus on designing and execution of…

Sensex down 226 pts, Nifty at 11,513

Mumbai (IANS) Sensex and Nifty fell after opening higher on Friday, dragged by auto and PSU Bank stocks.

At 10.21 the benchmark Sensex traded 226.73 points lower at 38,670.73 after opening at 39,058.73. On Thursday it closed at 38,897.46.

Ebix acquires Yatra Online for $239m in all-stock deal

New Delhi (IANS) US software firm Ebix said on Wednesday that it has acquired online travel portal Yatra Online Inc via merger in an all stock deal for a net equity value of $239 million.

In connection with the merger, each ordinary share of…