Mumbai (IANS) After a largely choppy trade session for the better part of Wednesday the Sensex closed 336 points lower owing to the last hour selling in index heavyweight ITC, which missed estimates in its quarterly result.
ITC lost over…
Mumbai, Jan 23 (IANS) The global retailing industry saw record growth in revenue in 2017 with the top 250 companies increasing their revenue by over 83 per cent, according to the latest report by a professional services multinational that said…
United Nations (IANS): The International Monetary Fund's (IMF) World Economic Outlook Update released by chief economist Gita Gopinath on Monday said that India's economy is expected to grow by 7.5 percent in the 2019-20 fiscal year,…
Mumbai (IANS): Drug major Sun Phrama's shares gained over 5 percent during Tuesday's morning trade session after clarifications by the company on various issues including its dealing with Suraksha Realty.
At 10.48 a.m, its stocks…
New Delhi (IANS) Farm loan waivers and other schemes declared by states will raise their aggregate fiscal deficit next year but will not pose a major risk to their total debt burden, India Ratings and Research (Ind-Ra) said in a report.
"The…
Mumbai (IANS): The Sensex and Nifty on Monday traded on a flat note after opening marginally higher.
The financial and industrial stocks slipped in the red while the energy sector gained.
The Sensex of the BSE opened at 36,467.12 from…
Mumbai (IANS) State-run Life Insurance Corporation of India (LIC) on Monday completed its acquisition of 51 per cent stake in the financially-stressed IDBI Bank, according to a regulatory filing by the bank.
In its meeting during…
Tiruchirappalli (Tamil Nadu) (IANS): In an effort to accelerate indigenous production of defence systems, Defence Minister Nirmala Sitharaman on Sunday inaugurated a Tamil Nadu Defence Industrial Corridor here that is expected to attract Rs 3,123.50…
Chennai (IANS): The Central government has removed two Punjab National Bank (PNB) Executive Directors -- Sanjiv Sharan and K.Veera Brahmaji Rao -- for the lapses in the Rs 13,500 crore fraud allegedly perpetrated by absconding diamantaire Nirav Modi.
…New Delhi (IANS): Reliance Jio led the subscription race in November 2018 adding around 88.01 lakh subscribers across the country, the highest among all the telecom service providers.
Data released by the Telecom Regulatory Authority of India…