bse-closes-points-122-13-down-on-feb-3

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
bse-closes-points-60-68-down-on-feb-2

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
supreme-court-declines-chhagan-bhujbals-petition-against-sit

Supreme Court declines Chhagan Bhujbal's petition against SIT

New Delhi, Feb 2 (ANI): In a major blow to NCP leader Chhagan Bhujbal, the Supreme Court on Monday declined his petition against the SIT that was set to investigate the corruption cases against him. The Bombay High Court had, in December, directed formation of a special investigation team (SIT) to probe charges of money laundering against the former PWD minister and his family. Feb 2, 2015
bse-closes-points-498-82-down-on-jan-30

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
bse-closes-points-122-59-up-on-jan-29

BSE closes points 122.59 up on Jan 29

New Delhi, Jan 29 (ANI): Trading at the Bombay Stock Exchange today closed 122.59 points up to stand at 29,681.77. At the National Stock Exchange the Nifty closed 38.05 points up to stand at 8,952.35. HDIL and ARVIND were among the top gainers of Group A with an increase of 13.73% and 8.93% along with PRESTIGE and JET AIRWAYS with an increase of 8.58% and 7.57% respectively, while the top losers of Group A include ORIENT BANK and ALSTOM T&D INDIA LTD. with a decrease of 10.77% and 10.37% along with SPARC and GPPL with a decrease of 8.71% and 7.45% at the close of the markets. The Auto sector is up 39.33 points at 20,248.96, while the banking sector is up 9.72 points at 23,448.80 and the reality sector is up 53.98 points at 1,772.81. The Indian currency is up 0.46% at Rs 61.69 per dollar. Jan 29, 2015
india-needs-predictable-tax-regime-says-jayant-sinha

India needs 'predictable' tax regime, says Jayant Sinha

New Delhi, Jan 29 (ANI): India needs a 'simple, predictable and fair' tax regime to restore foreign investor confidence, said Minister of State for Finance Jayant Sinha on Thursday. On Wednesday, the Bombay High Court dismissed a tax notice amounting to Rs 3,200 crore sent against Vodafone, ruling that there is no taxable income on share premium received on the issue of shares. After the ruling, the Centre decided to not appeal against the judgement, however stressing that while many cases are currently sub-judice, every case has to be looked at differently. Jan 29, 2015
government-not-to-appeal-vodafone-tax-ruling

Government not to appeal Vodafone tax ruling

New Delhi, Jan 29 (ANI): The central government will not appeal a regional court ruling in favour of Vodafone Group Plc in a long-running tax dispute, the cabinet decided in a move aimed at boosting investor confidence in Asia's third-largest economy. Vodafone, the biggest foreign corporate investor in India, has been involved in a series of tax disputes since it entered the country seven years ago. In one such case, India's tax office had accused a unit of the British group of under-pricing shares in a rights issue to its parent company and demanded tax of about 30 billion rupees. The Bombay High Court had in October ruled in favour of Vodafone, and later the attorney general had recommended the government to refrain from appealing that ruling at the Supreme Court. Communications and IT Minister Ravi Shankar Prasad said the decision was in direction to assure investors of a fair and just Indian government. Jan 29, 2015