Business
FPIs Remain Net Buyers in December; Invest over Rs 2,600 Crore
A net amount of Rs 6,301.96 crore was invested by foreign portfolio investors (FPI) into equities, while Rs 3,688.94 was pulled out of the debt segment.
Bank Frauds Rise to Record Rs 1.13 Lakh Crore in First Half of FY' 2019-20
This involved 4,412 fraud cases of Rs 1 lakh and above, as per the report. In FY19, banks had reported 6,801 cases of fraud involving Rs 71,543 crore.
In 2019, Inflation Leaves Consumers Teary-eyed as Pricey Onions, Food Items Bite
For most part of 2019, the government was successful in price control but the party seemed to have lost the sheen later in the year, thanks to Tomato, Onion, Potato (TOP) and other food items.
Gold Steady as Markets Await Details of Trade Deal Signing Ceremony Between US & China
US President Donald Trump on Tuesday said there will be a signing ceremony with the Chinese President Xi Jinping to sign the first phase of the trade deal agreed to this month.
Market Halts 4-Day Record Run as Sensex and Nifty Witness Slight Fall
In percentage terms, Nestle India was the top loser in the Sensex pack, shedding 2.20 per cent, on its first day as part of the index.
New Registrations by Taxpayers Being Verified by GST Council, Says Convenor of GoM
The GST Council has also introduced 3B, a simple return, which has to be filed every month, said the Bihar deputy chief minister.
Titan, Tata Motors, Yes Bank and RIL Among Key Stocks in Focus Today
Titan Co. Ltd shares gained 2.2%, UltraTech Cement Ltd was down 0.4% and Nestle India Ltd shares fell 1.6% after the three stocks were added to the benchmark BSE Sensex from today, i.e. 23 December.
Sensex Turns Volatile After Constituent Rejig, Nifty Holds 12,200
Yes Bank, Vedanta, Tata Motors and Tata Motors DVR have exited the index to make way for Titan Company, UltraTech Cement and Nestle India.
Google to Hire 3,800 ‘In-House’ Full-Time Workers in 2020, India on the List
To date, customer and user support, such as answering calls, product troubleshooting and campaign set-up, has often been supplied by third-party organisations on Google's behalf at various back-end outsourcing hubs across the world including India.
Cyrus Mistry, the Richest Irishman's Son Who Became First Non-Tata to Head Ratan Tata's Empire
A look at the life and career of the reclusive businessman who became a ‘surprise’ replacement for Ratan Tata, followed by his equally ‘surprising’ departure.
Centre Will not Renege on GST Compensations, Says Nirmala Sitharaman
The remarks come at a time when states like Maharashtra and Kerala have been demanding the compensation sooner.
Sensex, Nifty Gain Ahead of Macro Data, Tata Motors Rallies 7 Percent
After rallying over 300 points, the 30-share BSE Sensex ended 169.14 points, or 0.42 per cent, higher at 40,581.71. Similarly, the broader NSE Nifty settled 61.65 points, or 0.52 per cent, higher at 11,971.80.
Sensex Tumbles Nearly 250 Points; Nifty Ends Below 11,900
The 30-share gauge opened strong at 40,588.81, but soon lost momentum to slip into the negative territory. It finally closed 247.55 points or 0.61 per cent lower at 40,239.88.
Auto Component Industry Turnover Dips 10% in April-Sept; 1 lakh Temporary Workers Lose Jobs
The turnover of the industry dropped to Rs 1.79 lakh crore in the April-September period, down 10.1 per cent from Rs 1.99 lakh crore in the year-ago period, Automotive Component Manufacturers Association said.
Yes Bank Shares Drop 5.8% After Moody’s Downgrades Long-term Ratings
The rating agency said that Yes Bank’s pool of potential stressed assets and low loss-absorbing buffers against those assets will add more pressure to its funding and liquidity, creating additional risks to its credit profile.
Yes Bank, Allcargo Logistics, Gati and Tata Motors Among Key Stocks in Focus Today
Yes Bank Ltd shares dropped 5.8% after global ratings agency Moody’s Investor Service downgraded credit ratings of the bank with a negative outlook.
