Share market update: Bank shares slip; SBI down nearly 1%
NEW DELHI: Bank shares were trading lower in Friday’s morning session. Shares of State Bank of India (down 0.86 per cent) , IndusInd BankNSE -0.22 % (down […]
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Share market update: Auto shares in the red; Tata Motors down 3%
NEW DELHI: Auto shares were trading in the red in Friday’s morning session. Shares of Tata Motors (down 2.96 per cent) , Tata Motors (DVR) […]
Share market update: Realty shares mixed; Oberoi Realty down nearly 2%
NEW DELHI: Realty shares were trading on a mixed note in Friday’s afternoon session. Shares of Brigade EnterprisesNSE 2.38 % (up 1.57 per cent), Indiabulls Real Estate […]
Mukesh Ambani to invest $1.4 bn in Bengal, will help e-commerce expansion
Reliance Industries will invest 100 billion rupees ($1.4 billion) in West Bengal, a part of which would fund the company’s new e-commerce venture, its chairman […]
Jet Airways grounds four aircraft after failing to pay lessors
India’s Jet Airways Ltd has grounded four aircraft after failing to make payments to lessors, in a sign that leasing firms are losing patience with […]
House panel raps rating agencies for not anticipating IL&FS situation
A parliamentary panel wants the finance ministry to spell out steps to make India’s credit rating agencies more accountable and transparent in the backdrop of […]
Sensex tanks 425 points, Nifty below 11,000
Both Sensex and Nifty ended over 1% lower on Friday following a steep decline in auto stocks led by Tata Motors and broadly negative global […]
IndiGo seeks RBI nod to use rupees for onboard sales on international flights
Budget airline IndiGo has approached the Reserve Bank seeking relaxation in foreign exchange norms regarding use of Indian rupees for onboard sales in international flights. […]
SBI cuts interest rate by 5 basis points on home loans up to Rs 30 lakh
Within a day of RBI reducing repo rate by 25 basis points, the country’s largest lender State Bank of India Friday announced a cut in […]
Informal sector workers can join PMSYM pension scheme from Feb 15
All unorganised sector workers up to 40 years of age can subscribe to the Pradhan Mantri Shram Yogi Maandhan (PMSYM) scheme, which entails a minimum […]