Search Results for: NSE Sensex

Air India: Indigo, foreign airlines show interest in buying stake

Low-cost carrier Indigo has made an "unsolicited" offer to buy stake in national carrier Air India on Thursday, a day after Modi government decide to divest.

Jun 29, 2017

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Sensex reverses losing streak; Tata Steel, ICICI Prudential, Interglobe Aviation hit new highs, fresh developments at Mindtree, Fortis, Godrej

The BSE Sensex was trading about 250 points higher at 31,085; top gainers on BSE include Tata Steel, SpiceJet, ICICI Prudential, Interglobe Aviation.

Jun 29, 2017

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Market outlook: Investors likely to remain cautious ahead of GST; Tejas Networks to list on June 27

Tejas Networks is set to list on June 27; Sensex and Nifty are expected to remain range-bound in the last trading week before GST rollout from July 1.

Jun 24, 2017

Essar Steel, Electrosteels, Bhushan Steel face closure or sale

On Thursday, lenders led by State Bank of India decided to refer Essar Steel, Electrosteels and Bhushan Steel to the National Company Law Tribunal; the three companies together owe about Rs 1 lakh crore to banks.

Jun 23, 2017

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India's IT exports to grow at lower clip in FY18, shows Nasscom forecast

Nasscom president R. Chandrasekhar says Indian IT exports will grow by 7-8 percent, while domestic business will expand by 10-11 percent, creating 1.5 lakh new jobs.

Jun 22, 2017

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Sensex, Nifty give up gains, end on a flat note

Select stocks such as GMR Infra, HDFC Bank, Interglobe, SpiceJet hit new highs even as Sensex crossed 31,500.

Jun 22, 2017

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SpiceJet, Tata Steel, Interglobe Aviation, BEML, GMR Infra hit fresh 52-week highs; CDSL IPO gets good response

On a lacklustre trading day, select stocks such as SpiceJet, Tata Steel, BEML, GMR Infra, Indigo-owner Interglobe Aviation hit 52-week highs; CDSL IPO oversubscribed on Day 1.

Jun 20, 2017

Kamat Hotels, Leela Venture, Indian Hotels gain on partial GST relief; CDSL IPO opens today

The GST Council raised the threshold for 18 percent tax to Rs 7,500 room tariff from Rs 5,000 on Sunday; Sensex gains 142 points, CDSL initial public offering (IPO) opens.

Jun 19, 2017

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Aadhaar mandatory for opening bank accounts; existing account-holders have time till December 31

Aadhaar becomes mandatory for opening bank accounts and financial transactions above Rs 50,000 from June 1; existing bank account holders have to get Aadhaar by December 31 this year, else their accounts will become invalid.

Jun 16, 2017

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India's gold imports more than double in five months; May trade deficit rises to $13.84 billion

Gold imports rose 131.7 percent to $18.49 billion between January and May this year as against $7.98 billion, YoY.

Jun 16, 2017

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Interglobe Aviation, Jet Airways, SpiceJet gain ahead of May domestic traffic data

Indigo-owner Interglobe Aviation closed 2.47 percent higher while SpiceJet and Jet ended flat; domestic air traffic for May is due soon, Air India's privatisation talks buzz.

Jun 15, 2017

RIL asks its 40,000 employees asked to switch from Airtel, Vodafone to Jio

Reliance Industries, BP to invest Rs 40,000 crore in Indian offshore gasfields

Reliance Industries chairman Mukesh Ambani said that during a press conference with BP Plc's chief executive Bob Dudley on Thursday.

Jun 15, 2017

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Bhushan Steel crashes 10% after RBI identifies 12 defaulters for bankruptcy proceedings

Though the RBI did not name the 12 defaulters, there is speculation that Essar Steel, Bhushan Steel and Lanco are top NPA accounts.

Jun 14, 2017

ICICI Prudential Life, South Indian Bank, PNB Housing hit fresh 52-week highs

Select stocks are buzzing on the BSE, scaling new 52-week highs on Wednesday; these include ICICI Prudential Life, Bombay Burmah, PNB Housing Finance.