Markets

BT dominates with 12.5bln EE deal

It's already Britain's biggest fixed-line telecoms provider. Now BT is to add mobile to its portfolio of products after agreeing to buy EE from Deutsche Telekom and France's Orange. The deal, worth

Feb 5, 2015

BSE closes points 32.14 down on Feb 5

New Delhi, Feb 5 (ANI): Trading at the Bombay Stock Exchange today closed 32.14 points down to stand at 28,850.97. At the National Stock Exchange the Nifty closed 107.65 points up to stand at 8,831.35. PIPAVAVDOC and Jubilant FoodWorks Ltd were among the top gainers of Group A with an increase of 7.00% and 6.92% along with CUB and SHREE CEMENT with an increase of 5.51% and 5.17% respectively, while the top losers of Group A include UNITECH and IOB with a decrease of 12.99% and 11.01% along with KEC and GMR INFRA with a decrease of 10.39% and 9.51% at the close of the markets. The Auto sector is down 155.71 points at 19,571.90, while the banking sector is down 102.06 points at 21,813.19 and the reality sector is down 49.50 points at 1,757.69. The Indian currency is up 0.15% at Rs 61.84 per dollar.

Feb 5, 2015

BSE closes points 168.8 down on Feb 4

New Delhi, Feb 4 (ANI): Trading at the Bombay Stock Exchange today closed 168.8 points down to stand at 28,831.25. At the National Stock Exchange the Nifty closed 50.80 points down to stand at 8,705.75. KSCL and WOCKPHARMA were among the top gainers of Group A with an increase of 10.65% and 9.84% along with DEN and PMCFIN with an increase of 5.93% and 4.96% respectively, while the top losers of Group A include ALEMBIC PHARMACEUTICALS LTD and JUBILANT with a decrease of 10.78% and 9.96% along with SHREECEM and CROMPTON GREAVES LTD with a decrease of 6.79% and 6.01% at the close of the markets. The Auto sector is down 243.93 points at 19,701.95, while the banking sector is down 273.28 points at 21,915.25 and the reality sector is up 17.39 points at 1,807.19. The Indian currency is up 0.24% at Rs 61.80 per dollar.

Feb 4, 2015

SpiceJet Announces Special Offer for Valentine's Day; One-way Ticket Starts at ₹1,599

The scheme is available on all domestic routes and onward flights on SpiceJet network on first-come-first-serve basis.

Feb 4, 2015

₹80,000 Cr of Unspent Funds at Jaitley's Disposal to Help Limit Fiscal Deficit to 4.1%

The finance minister is expected to use the amount unspent by government agencies to help cover the budget deficit.

Feb 4, 2015

World's Top Sovereign Wealth Funds Listen to Modi's Reform Plans

He was addressing 20 top global investors who manage assets worth about $11 trillion globally

Feb 4, 2015

BSE closes points 122.13 down on Feb 3

New Delhi, Feb 3 (ANI): Trading at the Bombay Stock Exchange today closed 122.13 points down to stand at 29,000.14. At the National Stock Exchange the Nifty closed 40.85 points down to stand at 8,756.55. VIDEOCON INDUSTRIES LTD. and DHFL were among the top gainers of Group A with an increase of 7.90% and 6.15% along with FRL and SSLT with an increase of 6.12% and 5.95% respectively, while the top losers of Group A include JSW ENERGY and PNB with a decrease of 10.14% and 8.44% along PFC and JET AIRWAYS with a decrease of 6.94% and 6.20% at the close of the markets. The Auto sector is down 131.66 points at 19,945.88 while the banking sector is down 593.57 points at 22,188.53 and the reality sector is down 25.88 points at 1,789.80. The Indian currency is down 0.12% at Rs 61.72 per dollar.

Feb 3, 2015

Modi Gets Cracking on State-Owned Institutions to Spend $19bn Cash Hoard

The Modi government has gone after state-owned entities, sitting on piles of cash, to deploy the asset into capital expenditure and to increase overseas investments.

Feb 3, 2015

Chris Urmson, director of Google's self-driving car project

Google Developing Uber Competitor, to Enter Ride-Sharing Business Soon

Google emerges as the most significant threat to Uber.

Feb 3, 2015

Reliance, Bharti, Aditya Birla Apply for India's Payments Bank Licence

Some of India's largest business houses and a few obscure names have applied for the payments bank licence with the RBI.

Feb 3, 2015

BSE closes points 60.68 down on Feb 2

New Delhi, Feb 2 (ANI): Trading at the Bombay Stock Exchange todayclosed 60.68 points down to stand at 29,122.27 at the National Stock Exchange the Nifty closed 7.40 points down to stand at 8,801.50.MONSANTO and FRL were among the top gainers of Group A with an increase of 13.15% and 12.53% along with DELTACORP and SPARC with an increase of 10.46% and 9.99% espectively, while the top losers of Group A include TVSMOTOR and ASIANPAINT with a decrease of 7.11% and 5.75% along with NAUKRI and MPHASIS with a decrease of 4.41% and 4.35% at the close of the markets. The Auto sector is up 91.64 points at 20,077.54, while the banking sector is up 66.58 points at 22,782.10 and the reality sector is up 4.32 points at 1,815.68.The Indian currency is down 0.03% at Rs 61.88 per dollar.

Feb 2, 2015

Govt to Opt for More PSU Stake Sale in Feb and March, Hopes to Raise ₹43,425 crore to Meet Disinvestment Target

The government is expected to see ONGC, IOC and NHPC share being sold in the next two months to help fund the fiscal deficit.

Jan 31, 2015

India to Commission 5-mt Underground Oil Storage Reserves by October

The Indian Government is expected to commission a 5 million tonne underground storage facility.

Jan 31, 2015

Budget 2015: Indian Economy to Record 5.5% Growth in 2015, Says Report

A research report sees the Indian economy expanding by 5.5% in 2015, owing to the fall in crude oil prices and interest rates.

Jan 30, 2015

BSE closes points 498.82 down on Jan 30

New Delhi, Jan 30 (ANI): Trading at the Bombay Stock Exchange today closed 498.82 points down to stand at 29,182.95. At the National Stock Exchange the Nifty closed 143.45 points down to stand at 8,808.90. HCC and HDIL were among the top gainers of Group A with an increase of 19.86% and 16.24% along with GMR INFRA and ADANI ENTERPRISES LTD. with an increase of 13.91% and 10.10% respectively, while the top losers of Group A include BANK OF BARODA and SPARC with a decrease of 11.08% and 6.40% along with INDIAN BANK and CANARA BANK with a decrease of 6.27% and 5.94% at the close of the markets. The Auto sector is down 245.19 points at 19,985.90, while the banking sector is down 737.58 points at 22,715.52 and the reality sector is up 38.55 points at 1,811.36. The Indian currency is down 0.18% at Rs 61.97 per dollar.

Jan 30, 2015